Middle East Bankers
Cairo
UAE

Job Title

Market Risk Analyst

Category

Economics & Finance

Country

UAE

Location

Dubai & Cairo

Status

Urgent

Salary

To Be Discussed

Description

- The function will assist with developing, implementing and monitoring the risks to insure that it is within external and internal management portfolio guidelines. - The function will be responsible for running time series analyses, implementing market data feeds, verifying data and model integrity produced – prior to report distribution. - The function will help in producing regular risk reports for senior stakeholders - The function is expected to produce Daily VaR analysis - Stress-testing and back-testing - For market risk the coverage includes all Foreign Exchange, Interest Rates, Equities and/or Commodity exposures for the group. This will be an extremely organized position that requires patience, attention to details, and the ability to interact with a number of different internal and external professional groups - The function will assist in Identifying, contracting and managing sources of information with regard to market data, economic data and political data relevant for the qualitative and quantitative value and risk assessment of the bank’s activities - Assist in the management of risk related projects, in particular those that require market risk expertise. This includes development of: - Economic Capital Framework and the Internal Capital Allocation Process - The function will assist in stress testing the bank’ s total portfolio - The function will assist in the development and maintenance of a market data catalogue including sources, providers, procedures (selection of proxy sources where liquid market data is not retrievable) - The function will assist in the integration of new financial products in close cooperation with the other control functions as well as IT