Senior Balance Sheet Manager
full-time•Dubai
About this role
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
What you'll do
- The Senior Balance Sheet Manager will assess liquidity and interest rate risk across the group and produce regular analysis of the bank’s risk exposures. They will lead the delivery of CBD’s new ALM system and support the build and validation of ALM models.
About CBD
Commercial Bank of Dubai is one of the leading banks in the UAE, offering innovative and bespoke personal banking and business banking services, through state-of-the-art digital channels including mobile and online banking and through an extensive branch and ATM network. 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.
Ready to join CBD?
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Frequently Asked Questions
What does a Senior Balance Sheet Manager do at CBD?
As a Senior Balance Sheet Manager at CBD, you will: the Senior Balance Sheet Manager will assess liquidity and interest rate risk across the group and produce regular analysis of the bank’s risk exposures. They will lead the delivery of CBD’s new ALM system and support the build and validation of ALM models..
Is the Senior Balance Sheet Manager position at CBD remote?
The Senior Balance Sheet Manager position at CBD is based in Dubai, Dubai, United Arab Emirates. Contact the company through Clera for specific work arrangement details.
How do I apply for the Senior Balance Sheet Manager position at CBD?
You can apply for the Senior Balance Sheet Manager position at CBDdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.