Market Risk Monitoring Team Leader

Overview

Market Risk Monitoring Team Leader at

Muqassa (Securities Clearing Center Company) . Responsibilities

Carry out daily operations assigned for the Department to comply with the CCP’s standards. Prepare timely and accurate functional reports to meet the requirements, objectives and standards of the Department and the CCP. Ensure the satisfaction of internal and external customers to address their needs in a courteous and timely manner. Ensure monitoring on the market and clearing members. Develop and update risk management policies and procedures. Support in the risk system tests of key applications, bug fixes, enhancements and upgrades, deployment and maintenance. Design and create process flow design of Risk processes and process and report automation. Support business development and other business-related or regulatory changes with risk assessment and impact analysis. Manage Internal Ratings exercise for members and counterparties including limit setting. Support in default management process : hedging, auctions, position close out and process testing. Key Accountabilities

Carry out daily operations assigned for the department to comply with the company’s standards. Prepare timely and accurate department reports to meet the requirements, objectives, and standards of the company and the department. Ensure the satisfaction of internal and external customers to address their needs in a courteous and timely manner. Follow all relevant policies, procedures, and processes to ensure work is carried out in a controlled and consistent manner. Identify opportunities for continuous improvement of processes, cost effectiveness, and productivity. Promote adherence to policies, procedures, processes, and instructions within the organization. Maintain positive relationships with colleagues and represent the company professionally. Qualifications

Education and Certifications

A Bachelor’s degree in Finance, Economics, Statistics, or Econometrics; a graduate degree in the above fields or another quantitative field is preferred. Knowledge and Experience

4+ years of experience in treasury middle office and / or risk management of a financial institution. Skills Required

A Professional Qualification in Risk Management (e.g., FRM or PRM) is preferred. Familiarity with quantitative modeling, such as Value at Risk calculation methodologies. Proficiency in MS Office (especially Excel and Power BI) and proficiency in one or more of R, Python, VBA, Matlab, SQL, etc. Knowledge of Saudi Arabian or GCC capital markets; knowledge of financial products, especially derivatives, is an advantage. Excellent communication skills in both Arabic and English. Proactive, detail-oriented, and a good team player. Seniority level

Mid-Senior level Employment type

Full-time Job function

Analyst, Project Management, and Other Industries Capital Markets and Investment Banking

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