Project Lead | Market Risk & Product Control BU | Risk SBU | September 2025

Joining MCB’s Risk Strategic Business Unit (SBU) offers a unique opportunity to contribute to high-impact initiatives while building a strong foundation for a career in banking and financial risk management.

Our Market Risk & Product Control BU operates in a dynamic and fast-evolving environment, driven by ambitious growth and innovation initiatives from the trading business. As our Financial Markets SBU explores new opportunities across asset classes, geographies, and trading strategies, the need for robust risk management capabilities is key to moving forward with the business. To support this transformation, we are seeking a Project Lead who will play a pivotal role in delivering strategic project risk initiatives around our market risk and Asset & Liability (ALM) risk frameworks and ensuring alignment with regulatory and operational standards.

We Are Looking For:

Job vacancy: Project Lead

In This Role You Will:

• Collaborate closely with Risk Subject Matter Experts (SMEs) to define and document business requirements;
• Drive end-to-end project execution, from small-scale enhancements to large IT projects;
• Provide expert guidance to stakeholders on the deployment and integration of market risk and ALM risk solutions based on industry standards;
• Ensure timely delivery by managing cross-functional stakeholders and maintaining clear communication channels;
• Identify and implement opportunities to automate routine risk processes;
• Monitor project progress, risks, and issues, ensuring appropriate escalation and resolution;
• Evaluate and facilitate the transfer of operational activities to strategic partners within the Bank to improve efficiency.

To succeed, you will be required to demonstrate the following competencies:

• Make good and timely decisions that keep the organization moving forward;
• Relate openly and comfortably with internal and external stakeholders at different level and maintain productive relationships with a wide variety of people and from a range of backgrounds;
• Adapt approach and demeanor in real time to match the shifting demands of different situations;
• Develop and deliver multi-mode communications that convey a clear understanding of the unique needs of different audiences and convey information clearly, concisely, and professionally when speaking or writing;
• Create new and better ways for the organization to be successful;
• Learn through experimentation when tackling new problems, using both successes and failures as learning fodder;
• Plan and prioritize work to meet commitments aligned with organizational goals.

We are looking for candidates who have at least:

Either

• A completed degree in Finance, Risk Management, Economics, Project Management or a related field;
• Minimum 5 years of experience in Market Risk, ALM Risk, Product Control, Capital Markets, or broader Financial Services.

Or

• Minimum 7 years of experience in Market Risk, ALM Risk, Product Control, Capital Markets, or broader Financial Services.

And

• Strong understanding of Market Risk concepts and processes, including P&L attribution, Value-at-Risk (VaR), risk sensitivities, and stress testing. Experience in Liquidity Risk—particularly with metrics such as LCR and NSFR—is highly valued;
• Familiarity with pricers, trade booking systems, and applications such as Calypso or RCO Moody’s is considered a strong advantage;
• Solid knowledge of financial instruments and derivatives, including Futures, Fixed Income Derivatives, and FX Derivatives;
• Understanding of IT processes within Risk functions, including system implementation and process automation;
• Proven track record in leading or contributing to large-scale transformation projects, including implementation of new financial products, automation of manual processes and decommissioning of legacy systems or reports;
• Ability to manage and deliver through cross-functional teams, including working effectively in global and culturally diverse environments;
• Demonstrated experience in project management, particularly in delivering risk-related initiatives across the full project lifecycle (initiation, planning, execution, monitoring, and closure).

A combination of both qualification & experience will be considered.

Should this opportunity match your career aspirations, skills and competencies, click on ‘Apply’ to complete your online application.

Please ensure all required information is accurately entered in relevant sections. Any incomplete application will not be considered. Kindly attach a complete CV when applying.

Note that candidates under consideration for this position will be required to provide 2 professional references.

As part of the recruitment process, shortlisted candidate(s) will be required to provide a valid Certificate of Character of less than 3 months.

The deadline for submission of application is 25 October 2025.

Management reserves the right not to appoint anyone following this advert.