VP- FTP Policy

Now it’s your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We’re looking for the brightest and best to help us reach our goals and we’ll also help you reach yours.

Your success is our success as you grow stronger in your career. Join us and leave a legacy of your own, as a pioneer in both the company and the industry.

• Review and recommend changes to UAE and international FTP policy, methodology, and curves.
• Translate business insights, industry practices, and/or regulations into effective FTP policies.
• Interface with key business stakeholders to understand industry and customer behaviour.
• Source, design, and build FTP curves to reflect true funding and hedging costs for the bank.
• Review internal risk transfer and ensure that risks are accurately transferred to the rightful desks.
• Identify basis risks across the bank’s balance sheet and identify rightful owners of the basis.
• Provide BAU training to the business to reinforce business understanding of the FTP policy.
• Support the business with FTP pricing and forecasting on both new and existing products.
• Support the Head of FTP with BSMCO, B-ALCO, G-ALCO related papers and initiatives.

#LI-MA3

Minimum Qualification

• Master’s and/or Bachelor’s degree in Accounting, Finance, or any related discipline.
• CFA, FRM, or CA professional qualifications will be preferred.

Minimum Experience

• Minimum 8 years of experience in banking balance sheet FTP and/or NIM analyses.
• Strong experience in FTP and/or ALM functions in a major international bank.
• Experience with implementation of a major ALM/FTP system such as QRM, KRM, FIS, etc.
• In-depth knowledge of international and regional liquidity and capital regulations.
• Experience in dealing with senior stakeholders across business and enablement functions.
• Fluent in spoken and written English and professional business communication skills.
• Strong sense of ownership with ability to work independently with limited supervision.

• FTP subject matter expert with experience in best practice FTP for a complex and global balance sheet.
• Responsible for reviewing and recommending GL-level FTP practices and curves by line of business.
• Responsible for ensuring that interest rate and liquidity risk transfers are accurate at desk-level.
• Responsible for periodic delivery of FTP training to Business Heads, Product Managers, RMs, etc.