VP, Technology Risk Management for Global Markets
Full-time Sub Division: Group Technology Division: GCOO
Company Description
Job Description
With Global Markets becoming one of the most regulated and scrutinized departments of financial institutions, the risk department has grown to play a vital role in ensuring constantly evolving regulations and ever-increasing controls are in place. This in returns translates into a requirement to have a very strong candidate leading the Risk Service practice within the Global Markets Service team to help deliver the level of technology support and sophistication such department requires.
Work closely with business in identifying, developing and executing a roadmap to implement risk solutions for the next 3-5 years, considering ongoing regulatory changes and impacts Lead the Risk service team of Global Markets into closing all the backlogs of issues and change requests Assist the team into increasing its productivity by 40% at least by implementing structured procedures and developing KPIs Identify areas of improvements and opportunities to reduce costs, both on business as well as technology side, through increased automation, process enhancements, implementing innovative solutions, etc.
Qualifications
Minimum 10 years of experience in supporting and developing systems for the risk teams of Global Markets Sharp knowledge of the risk functions, systems and processes related to Global Markets such as credit exposures, VaR, xVA, collateral management (IM & VM), stress-testing, CCR, RWA, etc. Acute understanding of the different risk-related regulations such as EMIR Initial Margin, SA-CCR, FRTB etc. Experience in implementing and supporting risk solutions within large financial institutions for credit and market risk Excellent knowledge of Global Markets products and processes, front to back The candidate should possess either a postgraduate degree or qualification in Information Systems / Engineering / Business Administration. The candidate should carry a minimum relevant work experience in a Bank or I.T. Company for a minimum of 10 years. Proven record of managing large scale risk systems for Global Markets Strong record leadership skills in managing and developing a team Good understanding of the financial markets, trading and banking solutions Strong organizational skills coupled with the ability to influence decision and make an impact Candidate must display strong verbal and written communication skills Experience in Murex system is a must
Additional Information
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VP, Technology Risk Management for Global Markets
Abu Dhabi, United Arab Emirates * Full-time
