Job Purpose :
Support and work closely with the Head Market & Traded Credit Risk to develop and implement market & traded credit risk management policies, processes, computations and procedures.

Key Result Areas
The job holder would oversee the following results areas:

Ensure compliance to CBUAE's

'Regulations & Standards'

on matters of Market Risk and/or Counterparty Credit Risk (if required).

Enhance and periodically track the KPIs included in the TCMs ' Risk Appetite Statement' (RAS)

as set by senior-management/Board.

Ensure appropriate

valuation techniques

are being applied on

products/instruments

subject to mark to market mechanism (fair value through profit & loss accounting) including assessment of need for any fair valuation reserves, credit valuation adjustments, prudent valuation adjustments etc.

Ensure adequate controls are established and maintained around usage...