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 requirement.

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

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