Director/Manager, Asset Liability and Capital planning and Reporting

  • Excellent tax free package
  • Dubai, United Arab Emirates Dubai Dubai AE
  • Permanent, Full time
  • Non-disclosed
  • 20 Sep 18 2018-09-20

We are working with a leading bank that is currently looking for an expert in Asset Liability and Capital Planning Reporting. This position is responsible for directing the Asset Liability and Capital Planning and Reporting function of the bank. This function supports decision making of the Asset Liability Committee (ALCO) and ensures compliance with regulatory frameworks including Basel 3 and guidelines. The role holder is expected to support the CFO achieve the overall Finance Division objectives in line with aggressive deadlines, budget constraints and conflicting priorities. This position is very hands-on in nature given the level of subject matter expertise.

My client is looking for someone to oversee the following:

Strategic

  • Develops the overall strategy for asset liability management & capital management (ALCM) strategy to achieve the target balance sheet structure in line with the growth and risk targets of the Bank.
  • Develop and monitor implementation of department’s policies, procedures and processes.
  • Ensures the timely implementation of the requisite infrastructural/operational changes and technological advancements to support ALCM in line with the bank’s strategy
  • Monitor performance of the department against KPIs on a regular basis.

Operational

  • Lead the preparation of the ALCO pack data inputs in a timely and accurate manner.
  • Analyze the ALCM profile and recommend actions to ensure optimum balance sheet structure balancing risk with reward.
  • Evaluate funding needs for banking and trading book based on short-term maturity gaps and balance sheet projections. Assess stability, cost and risk profile of various funding sources.
  • Formulation and implementation of the internal control framework, guidelines, policies and procedures for the functioning of the ALCM function and ensure appropriate control mechanisms for the same.
  • This includes policies relating to Funds Transfer Pricing, Liquidity Premium, Interest Rate Risk Behavioralisation, Liquidity Recharge and liquidity management ratios (LCR / NSFR).

Specialist Skills / Technical Knowledge Required for this role:

  • Strong interpersonal and team working skills and an ability to work effectively at all levels of the organization; able to build relationships and network effectively and gain broad respect throughout the organization
  • Ability to multi-task and work under pressure; flexibility with last-minutes challenges/changes
  • Strong sense of professionalism and integrity
  • Ability to work comfortably with different cultures, backgrounds and skills
  • Entrepreneurial ability and energy to visualize, develop and execute plans
  • Excellent verbal and written communications skills
  • Bilingual preferred  (English, Arabic)
  • Postgraduate degree (e.g. Master Degree)