ALM, Market and Liquidity Risk Consultant - Cairo

ALM, Market and Liquidity Risk Consultant - Cairo

Prometeia is a global firm of quantitative experts and software engineers, dedicated to applying financial modelling, economic research, and data science to solve complex business and regulatory challenges.

Our mission is to combine academic excellence with industry experience, integrating macro-economic research, quantitative analysis, business consulting and software development. This distinctive mix of competences has made Prometeia a leading company in Risk, Asset and Wealth Management solutions across Europe, Africa and Middle East.

As a leading provider of Risk Management solutions in the EMEA market, Prometeia is looking to strengthen its International Delivery Team for Egypt & North Africa, by hiring Financial Risk Consultants with proven experience in the fields of ALM, Market and Liquidity Risk Management.

PROMETEIA OVERVIEW

Prometeia creates value by integrating analytical models, customer data, market feeds and economic scenarios to support decision-making processes and regulatory compliance.

The Enterprise Risk Management (ERM) is the largest of Prometeia business areas and is the cornerstone of Prometeia’s reputation in the international market. The thematic areas covered by the ERM Area include:

• Credit Risk;
• ALM, Market and Liquidity Risk;
• Climate Risk & ESG Programs;
• Risk & Performance Integration;
• Governance, Risk & Compliance;
• Credit Intelligence Optimization & Strategy;
• Pricing & Financial Engineering;

PROMETEIA EGYPTIAN BRANCH

The Cairo Office is being established with the aim of serving as central ‘hub’ for the delivery of Risk Management projects in Egypt and North Africa.

Founded in 2018, the Egyptian Risk Team has the mission of consolidating the leadership of Prometeia in one of the key geographies in which our group has operated over the past decade.

In the particular field of ALM, Market and Liquidity Risk, Prometeia already collaborates with primary banks in Egypt and GCC countries through a local team of 15+ resources.

RESPONSIBILITIES

The successful candidate will collaborate with a specialized team of business consultants and risk advisors, operating within different projects in the field of Financial Risk Management.

His / her main responsibility will include:

• Implementation of ALM and Liquidity Risk solutions, including input data interfaces, parameterization and reporting layers;
• Integration of ALM and Liquidity Risk solutions with the Bank’s internal processes: ALCO, Regulatory Reporting, ICAAP and Stress Testing, internal decision-making cycles;
• Test and renationalization of systems results, from a business and economic perspective;
• Training and education to the Bank’s functional experts;
• Methodological advisory for the evolution of quantitative metrics to be included in the Risk assessment processes.
• Support in the definition of hedging and funding strategies, optimization of the Bank’s balance sheet structure, in line with managerial and regulatory constrains (e.g. LCR/NSFR, etc.)

TECHNICAL COMPETENCES REQUIRED

The ideal candidates had developed 2-5 years of experience in one of the following areas:

• Asset & Liability Management;
• Funding & Liquidity Risk Management;
• Interest Rate Risk Analysis;
• Fund Transfer Pricing & Margin Attribution;
• Treasury Risk analysis and simulations;
• ICAAP and ILAAP;
• Implementation of analytics for Treasury and Risk departments;

PROJECT SKILLS REQUIRED

• Effective communicator in a multi-national and multi-discipline environment;
• Demostrable experience of delivering ALM, Market and Liquidity Risk Management projects;
• Knowledge of Banking portfolios, accounting principles, prudential regulatory framework (CBE, BCBS, International Accounting Principles, etc.);
• Self-motivated, effective under pressure and willing to take initiative;
• Strong analytical skills with acute attention to detail;
• Assertive and excellent communication, presentation and inter-personal skills;
• Time management skills to meet required deadlines;
• Practical application of statistical modelling techniques;
• Experience in using mathematical/statistical computing software or other data mining skills;
• Excellent Microsoft Office skills e.g. Excel, Word, PowerPoint and Access;

OTHER SKILLS REQUIRED

• Fluency in English and Arabic languages is mandatory (at least C1);
• Proficiency in Italian or French is considered a strong plus;
• Strong attention to details and technicalities;
• Excellent organizational and technical skills;
• Teamwork attitude, flexibility and proactivity;
• Problem solving skills and good interpersonal skills.

LOCATION

Cairo, Egypt

WHAT WE OFFER:

REMOTE WORKING

Flexibility is an intrinsic value of the way we work. At Prometeia, smart working is an organizational method based on trust, which results in benefits in terms of work/life balance, impact on the environment and optimization of company results, through autonomy and empowerment of people.

PEOPLE PROGRAM

Our evaluation system is based on the full enhancement of people and their continuous dialogue as a stimulus for regular, mutual professional and personal growth. Transparent discussions between managers and team members are set up within the projects, where reciprocal and timely feedback is exchanged. The process is fully digitalized and aimed at continuously improving the development trajectory of the individual and the company.

TRAINING

Prometeia means ongoing training. We provide an average of 11 days of training per year to our people, in-person and online. Particular attention is paid to younger colleagues, who are the protagonists of dedicated growth programs, and to the continuous sharing and internal transfer of know-how and skills. On-the-job training is also important, through immediate and direct confrontation with the market.

WIN/WIN POLICY

If you are one of our employees, and you recommend a person who is later recruited, you are entitled to a financial bonus! This is an important opportunity to contribute to the growth of Prometeia as a whole, by attracting acknowledged market professionals and new tech talents.

COMMUNITY

Our Community is extremely diverse, as are the skills of the people who are part of it and who share its values, and the individuals and organizations that are directly or indirectly involved in our activities. Clients, People of the Group, Alumni, Institutions, Academia, non-profit entities with which we actively collaborate, are stakeholders representing a great value for us, in terms of trust and collaboration.

DIVERSITY

We promote and respect equal opportunities and consider differences as a value. Diversity & Inclusion are fundamental values: from the selection phase to everyday life, also through dedicated training moments to develop individual sensitivities and unicities.

IMPACT

We responsibly take an active role towards the environment, the territories and the communities in which we operate. Our Headquarter in Bologna has obtained the Leed Gold Certification, one of the highest awards that recognizes the performance of the building in terms of energy and water savings, reduction of CO2 emissions, improvement of the ecological quality of the interior, materials and resources used. In the Sustainability Report we report the results achieved within the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda that, drafted by the United Nations in 2016, we have been supporting since 2020.