Faisal Zuberi, Sr ALM Manager

Faisal Zuberi

Sr ALM Manager

Al Rajhi Bank

Location
Saudi Arabia - Riyadh
Education
Master's degree, Finance
Experience
24 years, 10 months

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Work Experience

Total years of experience :24 years, 10 months

Sr ALM Manager at Al Rajhi Bank
  • Saudi Arabia - Riyadh
  • My current job since February 2022

Helping the head of Balance Sheet Management and Money Market manage the liquidity, Profit rate risk and capital of the bank
Enhanced funding strategy to better suit growing balance sheet
Started actively managing the capital of the bank, to ensure adequate capital to support bank’s growth
Involved actively in establishing EMTN program to support capital and funding

Head of ALM at Bank AlBilad
  • Saudi Arabia - Riyadh
  • September 2015 to January 2022

ALM MANAGER, MARKET RISK
ACTING HEAD OF MARKET RISK

Actively involved in measuring and monitoring the Treasury and Balance sheet risks and propose measures to mitigate them. The role requires in-depth involvement in ensuring compliance with Liquidity and market risk measures and active monitoring of Treasury activities including new product launches and ensuring Treasury activities are in line with Bank Liquidity and Market Risk guidelines.

MAIN RESPONSIBILITIES:

 Set up and review Internal Control limits and policies for key Investment, Liquidity and Market Risk indicators
 Monitor and oversee the preparation and monitoring of Treasury Middle Office reports to monitor various risk measures.
 Oversee the revaluation and risk analysis of Treasury Investment Portfolio
 Lead the Formulation of detailed funding strategy of the Bank, along with Treasury and Finance. Review and update the funding strategy every year.
 Conduct and lead the Liquidity and funding strategy monthly meetings with all the business group heads to plan liquidity in light of maintaining adequate liquidity and compliance with key risk measures.
 Active participation in setting Balance Sheet Budget for the bank.
 Monitor liquidity through regulatory (LCR and NSFR) and internal liquidity ratios and Market Risk Indicators.
 Enhanced Contingency Funding Plan for the Bank and conduct regular CFP tests to test operational robustness of the plan.
 Monitor and calculate Interest Rate Risk measures, IRRBB, VaR, EVE, NII sensitivity
 Keep abreast of continuously evolving Market Risk and Liquidity Risk regulatory environment
 Implement the new Market Risk regulations by Basel and SAMA as per SAMA instructions
 Developed the required behavioral models, sensitivity analysis, stress testing models for internal liquidity monitoring and ILAAP reporting
 Enhance models and system to include any new requirements in line with increasing products and Balance sheet of the Bank
 Review, update and enhance the Market Risk Governance, Framework, Policies and procedure documents in line with regulatory requirements and for enhanced monitoring and reporting.
 Ensure ICAAP and ILAAP and other regulatory reporting to SAMA and represent Market Risk in ICAAP and ILAAP bilateral discussion with the regulator (SAMA)
 Implementation of ALM and Liquidity Risk Management system and automation of manual reporting and analysis tools.
 Represent Market Risk Department in internal meetings including ALCO and present Market Risk updates.
 Involved actively in Benchmark Migration through the working group to implement new benchmarks which will replace existing local and international rate benchmarks.
 Involved in implementing FTP mechanism for the bank
 Implementation of Moody’s Enterprise Risk Management system. Leading the project, right from discussing and finalizing the business requirements, to doing the UAT and final implementation.
 Part of working group for implementation of IFRS 9 in the bank. Calculate Expected Credit Loss for Treasury Products.

ALM Manager at Abu Dhabi Commercial Bank
  • United Arab Emirates - Abu Dhabi
  • July 2012 to July 2015

ALM Manager

ALM manager with hands on experience ranging from data acquisition & modelling, analysis and reporting to ALCO. I have put in place the worksheets and systems to effectively measure the Liquidity & rate risk / Gaps and NII sensitivity. Have thorough understanding of Basel III liquidity requirements for banks and prepared excel models to calculate and track Basel III liquidity ratios. Have also defined liquidity stress scenarios and run the scenarios against the defined limits on regular basis. I have also refined & improved the FTP system and am working towards further refining the process to suit the changing local and global regulatory requirements.
My key responsibilities are:
 Backup ALCO secretary
 Measure & calculate Interest rate risk, NII sensitivity and economic value (EV)
 Calculate Liquidity gaps
 Formulating Liquidity Stress Scenarios for the Bank, while generating various Liquidity & Cash flow Scenarios & Analysis.
 Prepare monthly ALCO reports highlighting the rate & liquidity risks, NII sensitivity, key risk indicators and the performance against the defined management action trigger thresholds
 Calculation & Track Basel III liquidity ratios - LCR & NSFR; and suggest measures to help comply with the ratios
 Calculating FTP on monthly basis for FTP rate implementation on bank wide assets & liabilities
 Installation of Asset & Liability Management system. Played key role in Implementation of ALM Analysis software ‘Fermat’, commencing right from UAT and through till the Production.
 Exercising superior Working Knowledge of Fermat, comprising of Query Writing, View Generation, and Reporting.
Key Achievements
 Implementation of ALM software, right from discussing the requirements with the vendor to UAT and final implementation and working as admin of the system
 Improvised FTP to suit the changing regulatory requirements
 Prepared excel worksheets to calculate (automate) the Basel III liquidity ratios and local regulatory ratio tracking

investment manager at Abu Dhabi Commercial Bank
  • United Arab Emirates - Abu Dhabi
  • July 2010 to June 2012

Manage the Propreitary investment portfolio of the bank

Investment Advisor at Abu Dhabi Commercial Bank
  • United Arab Emirates - Abu Dhabi
  • August 2008 to June 2010

 Responsible for Investment sales revenue for Abu Dhabi & Al Ain
 Handled a team of 10-15 RMs to achieve revenue target
 Mentored and trained RMs to enable them achieve set goals
 Accompany RMs on client meetings
 Provide Global & regional Economic and Market updates to the bank wide distribution teams
 Conduct Product Trainings for Investment Products to the wealth management Teams
 Monitor Product Selection, for Wealth Management
 Roll out new investment products
 Implement Schemes and Promotions to augment Investment Product Sale via Distribution Teams of the Bank

Associate- Asset Management at The National Investor
  • United Arab Emirates - Abu Dhabi
  • March 2007 to August 2008

Entrusted with the responsibility of enhancing the AUM in Funds, Discretionary, Non-Discretionary Portfolios of the firm.
Managed relationships with Institutions and Ultra High Networth Individuals for providing investments solutions
Efficiently extended the firm’s client base to Kuwait & Oman.
Accountable for promoting structured products, Investment Banking & Private Equity products & services of the firm
Managed the discretionary portfolios of the institutional and ultra-high net worth individual clients of the firm, with the help of Portfolio Managers.
Interacted with clients to understand their requirements and according built up their investment portfolios
Maintained healthy business relationship with the institutional clients in UAE, Kuwait and Oman.
Participated in cross-selling of different products of the firm including Private Placements, Private Equity Funds, Real Estate Funds & IPOs.
Involved in deal sourcing for Investment Banking & Real Estate departments.

Relationship Manager at ICICI Bank
  • United Arab Emirates - Abu Dhabi
  • December 2004 to March 2007
Portfolio Manager - Equities at Nesco
  • Saudi Arabia - Riyadh
  • July 2000 to November 2004
Assistant Manager at RR Financial Consultants
  • India - Delhi
  • April 1999 to July 2000

Education

Master's degree, Finance
  • at Aligarh Muslim University
  • July 1999
Bachelor's degree, Physics
  • at Aligarh Muslim University
  • July 1997

B.Sc. Honours in Physics

Specialties & Skills

Market Risk
Enterprise Risk Management
Liquidity Risk
Investments
Basel Regulatory Guidelines
Asset Liability Management
Risk Management
ERM System Implementation
INVESTMENTS
STRUCTURED CREDIT

Languages

English
Expert
Arabic
Beginner
Hindi
Expert