Senior Balance Sheet Manager

JobsCloseBy Editorial Insights

CBD in Dubai is seeking a Senior Balance Sheet Manager to own liquidity and interest rate risk across the group, lead the ALM system rollout, validate models for liquidity and IRRBB, and contribute to Funding Plans and regulatory reporting. The role requires close partnership with Treasury, risk, and ALCO, with regular insights to product channels and clear risk mitigations. Ideal candidates have 5+ years in Treasury or Treasury Risk at a retail or commercial bank, a degree in Economics or Finance, solid experience with large data sets and Excel, and a plus for R or Python. To apply, tailor your CV to quantify project outcomes, highlight cross functional leadership, ALM implementations, and stakeholder engagement; show you automate processes and communicate risk and opportunity in the UAE market.

Description

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers and delivering service that really goes the extra mile.

Job Purpose:



Provide adequate assessment of liquidity and interest rate risk across the group via engagement with business divisions, and in-depth analysis of retail/commercial banking products.

Principal Accountabilities:

Produce regular analysis of the bank’s risk exposures

Work closely with 2nd line to explain and identify potential risks, and mitigants.

Lead the delivery of CBD’s new ALM system from first line of defence

Support the build and validation of ALM models used for liquidity and IRRBB purposes

Support the delivery of key internal and regulatory documents such as Funding Plan and CFP.

Work closely with other parts of Treasury to design hedging strategies, and optimise HQLA portfolio

Lead regular working groups with all product channels to identify risks and propose market opportunities, and present regularly at ALCO

Improves, optimizes and automates processes to increase efficiency

Requirements

Education and Experience

Graduate in Economics or Finance or other quantitative subjects

Minimum 5 years of working experience in Treasury or Treasury Risk for a retail/commercial bank.

Proven successful completion of projects related to Treasury/ALM domains

Experience in working with large data sets, and producing analysis in Excel.

Experience in R/Python is a strong plus