Market Risk Analyst / Senior Market Risk Analyst

My client is looking for a Market Risk Analyst to work on a permanent basis in the UAE. This is an excellent opportunity to grow and develop within the team within a very strong Bank in the Region. 

The ideal candidate will have experience in:

1.Measure, monitor, control and report the FX risk of the Group both on its Trading book and Banking book positions. Define FX risk limits in line with the size of operation and risk appetite of the Group.

2.Oversee proper implementation of the FX risk function across the different entities of the Group i.e., international branches and subsidiaries.

3.Daily monitoring of Market Risk limits while maintaining sources of FX market data. Escalating any breaches in accordance with Market Risk procedures.

4.Would be responsible for implementing the FX VaR for the Trading book positions. Provide and maintain the VaR analysis by risk factors.

5.Continually develop and improve the risk management framework and functionality with particular emphasis on stress testing and back-testing for VaR purposes.

6.Maintain, update and ensure adherence to the FX risk policy and FX Approved Product List of the Group. Gain a thorough understanding of their positions and trading strategy.

7.Manage the introduction of any new FX products through the new product introduction and approval process including development/review of required policies, risk limits and procedures.

For more information please call Dilan Shah at Reperio Human Capital on +44 (0)20 7043 1180