Senior ALM Manager
Consultant Patricia De Guzman
Date posted 15 July 2018Burj Daman Dubai 506851 Robert Walters Middle East
A leading bank in Kuwait with an impeccable reputation in the region is searching for a Senior ALM Manager to join their market risk department. The individual’s responsibilities in the Senior ALM Manager is to manage process and policies used in ALM modelling, establishing and monitoring profit rate risk limits.
Duties and Responsibilities:
Use standard and proprietary analytical methods, models, and algorithms to analyze and produce analysis of the Balance Sheet.
Manages process and policies used in ALM modeling, establishing and monitoring profit rate risk limits.
Responsible for Asset Liability Committee (ALCO) monthly reporting and presentation of results to ALCO.
Develops sensitivity analyses on prepayment speeds and deposit lags/decays.
Presents model assumptions and line of business specific strategies Executive Management on a recurring basis.
Risk Models: Develop and maintain quantitative risk models. Review and revise model inputs and assumptions for accuracy and relevance
10+ years of banking experience in Asset Liability Management.
BS degree in Finance, Economics, Accounting, Business, or related fields
MS in related field preferred
Extensive knowledge in interest/profit rate risk, asset liability, liquidity risk and financial modelling. Strong understanding of FTP (Fund Transfer Price) and other internal profitability metrics
Strong communication and interpersonal skills
Ability to work in a fast-paced, team environment with little supervision