Manager - Asset Liability Management

JOB PURPOSE

• To steer Asset Liability Management (ALM) activities, with focus on optimisation and sound governance of the balance sheet, including interest rate risk, transfer pricing, benchmark submission and overall liquidity profile of the Bank.
• To provide detail analytics to the Asset and Liability Committee (ALCO) and enable senior management to make informed decisions
• To ensure adherence of the conventional and Islamic Asset and Liability Management framework in line with the regulatory requirements.

ACCOUNTABILITIES

1. Reporting and analytics

• Prepare and run thematic analyses, both quantitative and qualitative, to support ALCO needs.
• Provide functional support and thematic analyses on balance sheet usage and efficiency, hedging analysis and strategy, funding and return optimisation opportunities
• Provide technical inputs in the development and enhancement of forecasting and scenario planning tools in order to comply with regulatory standards.
• Develop replicating portfolio strategies to reflect the interest rate risk of various balance sheet items.
• Liaise with the Islamic Banking Division and Internal Shari'ah Control Department on regulatory requirements around Islamic ALM framework, Islamic Liquidity matters and any other relevant matters to ensure Shari'ah Compliance in the space of ALM and funding management

2. Performance Monitoring

• Contribute to aspects of planning and performance monitoring relating to all Treasury activities including budget and non-financial metrics in order to optimise balance sheet and ratios

3. Research/Data Gathering

• Provide inputs and guidance on research and data gathering. Carry out research and generate periodic forecasts and scenarios as required

4. People Management

• Manage self in line with ADCB’s people management policies, procedures, processes and practices to ensure adherence and to maximise own contribution to business performance

5. Policies, Processes, Systems and Procedures

• Establish and maintain departmental policies, processes and procedures, and ensure employee adherence so that work is carried out to the required standard while delivering the required standards of service to customers and stakeholders

6. Continuous Improvement

• Participate in, identification and implementation of change initiatives, programmes and projects in line with the bank’s standards

7. Customer Service

• Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank’s required levels of service to all internal and external customer interactions

Skills

EXPERIENCE, QUALIFICATIONS & COMPETENCIES

Minimum Experience

• At least 8 years of experience working in an ALM function, Financial Control, Risk Management or Treasury

Minimum Qualifications

• Bachelor’s Degree in Banking, Finance, Economics, Commerce, Business Management, or equivalent Professional Qualifications
• Financial Risk Manager (FRM) or Chartered Financial Analyst (CFA) certification with strong quant abilities or actuary

Knowledge and Skills

• Effective communication skills
• Strong analytical skills
• Ability to interact with all levels of management
• Understanding of Conventional and Islamic Banking ALM and Liquidity fundamentals
• Understanding of financial markets and different financial instruments
• Advanced MS Excel Visual Basics skills
• Experience with database and structured query language
• Previous experience with ALM software