Senior Manager, Capital Management

Posted 64ds ago

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Job Description

Senior Manager overseeing capital planning and stress testing processes at Mashreq Bank. Collaborating with risk and finance departments to support ICAAP and RAROC requirements.

Responsibilities:

  • Oversee the firm’s capital planning framework, including design and execution of capital & stress testing processes
  • Implement a Stress Testing Framework to determine capital requirement associated with risk scenarios.
  • To support calculation and analysis of stressed capital requirements for ICAAP purpose.
  • Prepare appropriate material on stress testing for various risk committees
  • Liase with various teams in risk department and finance to coordinate quarterly ICAAP reporting
  • Liase with Internal Audit during fieldwork and issue/action plan closure.
  • Work with business and technology teams to perform relevant activities pertaining to development and implementation of RAROC calculations.
  • Responsible for monitoring, interpreting and assessing all domestic and international developments pertaining to RAROC and Rating Policies management frameworks.
  • Contribute to advocacy on emerging regulatory developments and undertake analysis to support Mashreq Bank’s readiness to respond to the same.
  • Regular interaction and working relationship with Wholesale Risk Management, Retail Risk Management, Front-end Business Units, Internal Audit and External Consultants
  • Measurement of key metrics, risk capital, RWA etc. vital to the Risk Management of the bank
  • Assist in Capital Management exercises

Requirements:

  • At least 5-8 years of banking experience, preferably in Risk
  • Good knowledge of Financial accounting and Basel framework- majorly ECL and RWA
  • Strong analytical skills and knowledge on Financial Risk Management
  • Excellent data analytical skills (especially R, SAS, Excel, Visual Basic, SQL & Oracle)
  • Team player, self-starter, innovative and highly motivated
  • Experience with large set of data and databases is a plus