Lead Risk Analytics Specialist

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Description

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• Lead the financial analytical research to identify the key income drivers, cost allocations to formulate optimal business model of the Bank.
• Lead the periodic financial projections and financial sustainability analysis and reporting
• Ensure preparation of analytic reports on periodic basis on liquidity management and on performance assessment and attribution analysis for in-house managed investment portfolios.
• Ensure development and implementation of methodologies to assess and measure IDB’s ALM and market risks associated with financing, investment, funding and derivatives operations.
• Ensure identification and, measurement of key risks and emerging risks on funding and liquidity, profit-rate, currency, and other market risks inherent in the financing, investing, funding and hedging operations of the bank.
• Collaborate with the Financial Analytics and Compliance Division, for undertaking detailed review and assessment of the market and liquidity risk profiles including credit/counterpart quality of the liquid fund’s portfolio, duration mismatch between assets and liabilities, currency mismatch, gap analysis, stress testing, sensitivity, etc.
• Undertake liquidity and other stress tests and scenario analyses on investment, funding, and derivatives portfolios to ascertain the level of market risk in the bank’s activities.
• Quantify the potential exposures to market and liquidity risks due to both existing and proposed borrowings and report thereof.
• Ensure provision of all quantitative analytic support and modelling for the Policies unit and any other units in the Finance Complex.
• Collaborate with the Financial Policies function and Investment unit in developing investment policy statements for each of the investment funds.
• Provide the analytical support to proposing risk-return objectives, risk tolerance, investment horizon, Strategic Asset Allocation (SAA), liquidity requirements and investment constraints.
• Support comprehensive credit rating analytics and scenario analyses as well as periodic sovereign pricing policy review and pricing update activities
• Provide technical leadership in the Enterprise Risk Management (ERM) implementation covering ALM, FTP and Liquidity track, Financial Projections, Reporting, and stress testing.

• Provide technical, motivational, and inspirational leadership and guidance to the team members.
• Coach, mentor, develop and provide regular feedback to the team members on results at a function level, promptly addressing areas of improvement.
• Support filling in key capability gaps of the team through on-the-job capacity development and other capacity enhancement initiatives. efforts.
• Assist Division manager in identifying and addressing technical capacity gaps in the team.

• Monitor the effective implementation and adherence to respective financial management policies, procedures, and controls so that all relevant procedural / legislative requirements are fulfilled.
• Keep abreast of the latest developments, regulations and leading practices in the field and proposes any necessary actions.
• Provide necessary input for the preparation of the budget of the FPPA department and for the monitoring of actual expenditure against the approved budget.

• Bachelor’s degree in Mathematics, Econometrics, Financial Management, or related field.
• Certification in FRM, PRM or CFA is preferred.
• Minimum 10 years of experience in financial management, financial modelling, risk management and related fields. Investment banking and pricing policies experiences are preferred.

• Adaptability
• Building Relationships
• Client Centricity and Responsiveness
• Motivation to Learn and Share
• Passion for Excellence
• Analytical Thinking
• Communication Effectiveness
• Drive for Results
• Knowledge, Learning and Communication
• Problem Solving
• Stakeholder Management / Client Orientation

• English  Mandatory
• Arabic  Preferred
• French  Preferred

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