Title: Senior Manager, Treasury Risk Location: Dubai
About the ClientOur client, a leading bank, is seeking a Senior Manager, Treasury Risk to join their team. In this role, you’ll help shape and contribute toward risk strategy, liaising with senior leaders in the business.
Key Responsibilities: Oversee derivatives portfolio valuation and monthly customer-facing valuations.Implement and enhance market risk metrics: VaR, DV01, CS01, Potential Future Exposure (PFE).Maintain, back-test, and validate models (XVA, IRRBB, market risk, counterparty credit risk).Design and execute stress scenarios for investment and trading portfolios.Analyse interest rate, FX, liquidity, and other risk sensitivities.Produce regular risk reports for Senior Management and ALCO, covering market, IRRBB, liquidity, and counterparty exposure.Collaborate with Treasury to challenge and guide risk-taking strategies.Ensure timely remediation of audit, regulatory, and compliance findings.Review and validate risk inputs for new treasury products from both market and counterparty credit perspectives.Maintain and enhance capital and risk models (market, counterparty, IRRBB).Develop policies covering Market Risk, IRRBB, and Counterparty Risk.
Requirements: At least 10 years in senior treasury or market risk roles at major banks or financial institutions.Strong expertise in treasury products, derivative valuation, and risk management frameworks, especially Basel III/liquidity standardsHands‑on experience with risk tools and techniques: VaR, stress testing, XVA, IRRBB, DV01/CS01, etc.Proficiency in systems such as Bloomberg/ReutersExcellent communication, analytical mindset, and ability to collaborate with senior stakeholders.