Market Risk Specialist - Banking Domain

Role - Market Risk Analyst / Market Risk Sr. AnalystYears of experience: 2-5 yearsLocation: DubaiCore Responsibilities – On monitoring and reportingReview the data and reports related to the following -Tracking risk metrics like Value-at-Risk (VaR), Expected Shortfall, and sensitivity analyses on a daily basis across trading and banking books.Limit management monitoring for exposure against established risk limits, promptly escalating any breaches to senior management.Reporting & Compliance: Prepare and/ or review daily, weekly risk dashboards for internal consumption and regulatory requirements.Additional responsibilities – may ariseStress Testing: Conduct or review output from scenario analyses to gauge how adverse market movements, interest rate shifts, and liquidity crises affect the bank's capital adequacy and profitability.System & Model Validation: Assist in back-testing risk models, ensuring the accuracy of market data, and supporting the upgrade of treasury and riskQualifications & SkillsEducation: Bachelor’s or Master’s degree in Finance, Economics, Financial Engineering, Mathematics, or a related quantitative field.Certifications good to have: FRM, CFATechnical Skills: (Mandatory) Advanced MS Excel is a baseline requirement. (Good to have) Proficiency in Python, SQL, or R and familiarity with risk engines and Bloomberg/Reuters terminals are highly advantageousFinancial Knowledge:Deep understanding of global markets and instruments (FI/ Derivatives, FX, Equities)Deep understanding of market risk concepts and models