Banking Jobs In UAE - ADCB Bank careers - banki jobs
Abu Dhabi Commercial Bank announces a bank job in UAE via its Linkedin page
Data Scientist Treasury ALM
Job Purpose
- To develop quantitative analytics that optimize the Bank’s interest rate and liquidity positions.
- To monitor and statistically model client behaviour on non-maturing deposits (current and saving accounts) and loan prepayment behaviour.
Job Description
- Develop, automate and present fit for purpose statistical models that have an impact across the balance sheet (Net Interest Income and Economic Value Requirements).
- Leverage data and use scientific techniques to model client behaviour on non-maturing deposits (current and saving accounts), in addition to understanding loan prepayment behaviour across the Bank’s lending products.
- Using big data analytics, extend and enhance the existing preliminary statistical models.
- Monitor model performance and communicate results to stakeholders.
- Propose model changes as necessary with recalibration/redevelopment, support by sensitivity testing, back testing and fundamental driver analyses.
- Keep abreast of latest market developments on balance behavioralisation. Translate and extend the existing models in order to optimise funding value.
Job Requirements
- 2 to 5 years of relevant working experience in financial modelling, ALM or balance sheet management.
- Advance degree in (Quantitative) Finance, Econometrics, Mathematics, Physics or similar academic programs.
- Financial Risk Manager (FRM) or Chartered Financial Analyst (CFA) certification with strong quant abilities or actuary is an advantage.
- Experience with VBA (excel), R, or Python is a must. SQL is a plus.
- Experience with ALM / Risk software solutions such as QRM or FIS is preferred.
- Clear communication (with ability to explain complex concepts) and proficient interpersonal skills.
- Able to work under pressure in a focused and precise manner.
- Self-starter with the ability, agility and motivation for self-learning.