Senior Risk Analyst and Treasury Middle office

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RAKBANK is looking for a Senior Risk Analyst and Treasury Middle Office to oversee Wealth Management and Treasury MO functions, monitoring risk identification, valuation, and controls for structured investments and FX derivatives, coordinating with WM, Treasury, Operations, Finance and IT on transactions. You will validate term sheets, support price updates and collateral management, and assist with system testing and reporting to strengthen governance and efficiency. The role requires 2 to 4 years of relevant experience, a solid grasp of market risk, structured products, collateral management, and cross functional collaboration with strong communication and policy adherence. To apply, tailor your CV to WM MO, highlight hands on risk and valuation work, quantify impact, and provide concrete examples for interviews.

Company Description

At RAKBANK, we believe in fostering a culture of innovation, growth, and excellence. We are not just a bank – we are a community that thrives on teamwork, cutting-edge solutions, and the highest standards of governance.

Now, we’re looking for a dynamic Risk Analyst - (WM Middle Office) to oversee and monitor Wealth Management and Treasury Middle Office functions, ensuring risk identification, evaluation, and control for structured investments and FX/derivative portfolios. It supports coordination across departments, validates transactions, and ensures compliance with bank policies. Additionally, it facilitates reporting, price updates, collateral management, and systems testing to enhance operational efficiency and risk management.

Join us and be a part of shaping the future of RAKBANK!

Job Description

• Assist in the monitoring of Wealth Management (WM) Middle Office function & Treasury Middle Office for the Bank to monitor the Structured Investments, FX & Derivatives portfolios.
• Identify and evaluation of Risks in the Treasury and WM business activities to assess any Market Risk for the Bank
• Validate the Term Sheets for all the Investments Structured Investments / Derivatives executed by Treasury / WM business during Product launch and on periodic basis during deal execution
• Coordinate with other functions – WM, Treasury, WM Operations, Treasury Back Office, Finance, ITC. etc. on Treasury / WM related transactions and support the business in the process of system implementation / enhancements from booking and monitoring point of view
• Support daily prices upload for WM Bonds Portfolio / Treasury products like Equities, Bonds, Vols. etc. 
• Prepare periodic reports of Treasury / WM Business to cover Portfolio analysis and review for Structured Investments / FX Derivatives / Investments / Trading Book, etc. 
• Monitoring the valuations of all the Treasury products / WM Structured Investments and ensuring they are aligned with Bank’s policies
• Ensuring sufficient controls in place to monitor all Treasury & WM transactions from Risk Management point of view
• Monitoring Counterparty Credit Risk Exposures for FX / Derivatives for Treasury and Wm Business
• Engages external and internal auditors in the post-review of the Treasury / WM middle office function for enhancing control procedure or process.
• Support the unit in preparation of BRF reports on Treasury / Wm related Businesses
• Support for any Testing of Treasury / WM systems 
• Performing Collateral Management for OTC Derivatives and Exchange Traded Derivatives for any Treasury / WM businesses.

Qualifications

• A university degree or equivalent qualification.
• 2 to 4 years' experience in a relevant role
• Strong understanding of risk management, structured investments, FX, derivatives, and market valuation principles.
• Skilled in portfolio analysis, collateral management, and preparing detailed reports.
• Exceptional ability to collaborate with cross-functional teams and communicate effectively.
• amiliarity with Treasury/Wealth Management systems, system implementation/testing, and adherence to policies with meticulous attention to detail.

Additional Information

What’s In It for You

• Pay for performance culture (Competitive and performance-linked compensation)
• Diverse workforce and inclusive culture
• Career development and growth opportunities by design
• Work with the best minds in the field
• Get opportunities to bring your whole self to the organization and perform to your best.