Location: United Arab Emirates
Employment Type: Full-time
About the Role
Our client is looking for a Senior Executive Vice President to head Traded and Treasury Credit Risk across all of its markets. Reporting to the Group Chief Credit Officer, you will set the bank’s counterparty credit risk frameworks and approve complex exposures that come from Treasury, Global Markets and trading activity. This is a senior role for a credit risk leader who knows markets products well and is ready to shape risk governance across the whole bank.
Key Responsibilities:
- Run every stage of credit for market-linked exposures, from first assessment and approval through to ongoing monitoring and review
- Write the bank’s policies and standards for counterparty risk and keep them up to date as markets and regulation change
- Approve limits and credit requests for trading and funding counterparties, and send major exceptions to the right governance forums
- Help the Markets and Treasury desks design deals that work for the business and stay within risk appetite, especially on collateral, margin and legal terms
- Keep a close watch on portfolio health through stress tests, scenario analysis and exposure metrics, and step in quickly when warning signs appear
- Hold the bank within its counterparty, country, product and concentration limits, and deal with any breaches
- Speak for Credit Management on the Credit Committee and in regulatory discussions
- Act as the main link between the business, risk, legal, finance and operations teams, and help train staff to build a strong risk culture
Candidate Requirements:
- Postgraduate qualification or professional certification in finance or risk (e.g. MBA, CFA, FRM, CA) is preferred
- Minimum of 15+ years in banking, much of it in counterparty or traded credit risk, with several years leading teams
- Deep practical knowledge of treasury and capital markets products, including derivatives, FX and securities financing
- Solid understanding of how counterparty exposure is measured and how Basel-related capital rules apply to it
- Proven experience with collateral and margining arrangements and with standard trading documentation
- A track record of assessing a wide range of counterparties, such as banks, sovereigns, corporates and clearing houses, across several countries
- A confident leader and communicator who can influence senior management and coach a team.
