Specialist, Risk Management

Role Overview

Specialist, Risk Management at First Abu Dhabi Bank (FAB), based in Abu Dhabi. The role provides comprehensive support in running the collateral management process for the Global Markets and Treasury function in compliance with Bank Policies and regulatory guidelines.

Role Purpose

To deliver collateral management services that enable Global Markets and Treasury operations to function within approved policies and regulatory requirements, while providing assurance to the Group Chief Risk Officer that all processes are identified, monitored, and controlled to mitigate operational risks.

Key Responsibilities

Collateral Management

• Validate margin calls and respond to counterparty margin calls in a timely manner.
• Seek margin from counterparties in accordance with contractual agreements.
• Ensure valuation statements are sent to all customers as per legal documentation.
• Perform portfolio reconciliation on a timely basis.
• Review collateral management documentation including CSA, GMRA, and IM CTA for Middle Office review.
• Escalate all collateral disputes to the Head of Middle Office and Market Risk Management.
• Highlight valuation issues to the Head of Middle Office and Market Risk Management.

Risk Control & Compliance

• Provide assurance to the GCRO through the Head of Market and Liquidity Risk and Head of Market Risk Management that all collateral management processes have been identified and monitored.
• Ensure proper controls are in place to mitigate operational risks.
• Ensure the business operates within approved bank policy.
• Ensure all regulatory reporting is performed in a timely manner.

Strategic & Operational Alignment

• Act in consonance with the Group's vision and mission to facilitate organizational objectives of growing stronger.
• Optimize risk-adjusted performance of Global Markets to achieve the bank's business plans.
• Own projects pertaining to collateral management and client servicing.
• Carry out process improvements using Murex as the key systems enabler.

Stakeholder Management & Collaboration

• Work closely with Middle Office and Risk Control for daily validation of market and static data, collateral, and risk reports.
• Partner with Market Risk Analytics team on risk methodologies and market data.
• Liaise actively with Group Finance and Product Control to ensure correct reflection of risk-adjusted returns and alignment of accounting with risk practices.

Qualifications & Experience

• Bachelor's degree in Finance or Economics.
• 1–3 years' experience in the banking sector in similar positions in Middle Office, Collateral Management, Market Risk, or Treasury function.
• Extensive experience working on the Murex platform for market risk management.
• Knowledge of financial markets and multiple asset classes: FX, fixed income, equities, and commodities.
• Professional certification such as FRM or CFA is an added advantage.

Skills & Competencies

• Collateral Management.
• Margin Call Validation.
• Portfolio Reconciliation.
• Regulatory Reporting.
• Market Risk Management.
• Treasury Operations.
• Murex Platform.
• CSA, GMRA, and IM CTA Documentation Review.
• Client Servicing.
• Financial Markets Knowledge (FX, Fixed Income, Equities, Commodities).
• Process Improvement.
• Stakeholder Management.
• Risk Control.
• Product Control.
• Interpersonal Communication.
• Ability to work accurately under pressure to tight deadlines.
• Strong inter-personal skills to interact confidently with senior management.