FEN Jobs: ABU DHABI INVESTMENT COMPANY (ADIC)

                 ABU DHABI INVESTMENT COMPANY (ADIC)

            Quantitative Modeller and Credit Risk Manager


     The Abu Dhabi Investment Company (ADIC) invites
     applications for a Quantitative Modeller and Credit Risk
     Manager reporting to the Sr. Vice-president - Risk
     Management.


     KEY RESPONSIBILITIES:

     - Design, implement and run an in house internal rating
       based system for the company's credit book.
     - Implement Portfolio Credit risk/Credit var methodologies
       and economic capital determination.
     - Assess risks of all credit related financial instruments,
       including advanced credit structures.
     - Contribute to the design and running of a multi period
       stochastic asset and liability management model.
     - Implement numerical optimisation models for asset
       allocation that include both market and credit risk
       factors.


     MINIMUM QUALIFICATIONS:

     - Ph.D. graduate or candidate in finance, economics,
       statistics, mathematics, or econometrics.

     Competencies:
     - A very solid background in finance, statistics and
       econometrics is essential. In particular, strong academic
       and hands on experience in credit risk modelling, non
       linear optimisation techniques and financial econometrics
       is required.
     - Advanced ability to use Windows-based applications
       (including VBA programming) and a thorough knowledge of
       Matlab, Eviews or similar mathematical and econometric
       packages is necessary.
     - Excellent English report writing and communication skills
       are essential.
     - Ability to work on his/her own initiative and in a
       largely autonomous way.


     APPLICATION PROCEDURE:

     Interested candidates should send via e-mail to:

     Email:       MAILTO:jobs@adic.ae

     detailed curriculum vitae, together with a copy of his/her
     relevant publications or papers, professional or academic
     references and any evidence of relevant software knowledge
     including programmed code.


     ABOUT ADIC:

     Abu Dhabi Investment Company (ADIC) is the first investment
     company in the United Arab Emirates, and is one of the
     leading financial services firms in the region. Established
     by Emiri Decree on February 24, 1977, the company is
     majority owned by Abu Dhabi Investment Council.

     ADIC focuses its investments in four strategic sectors:
     Asset management (including alternative investments),
     Private Equity, Real Estate and Infrastructure, with a
     geographic focus on the MENA region and select
     international markets. Additionally, ADIC runs a credit
     book and capital markets activities.

     The risk management functions is responsible for
     proactively contributing to the strategic investment
     decisions of ADIC and evaluating their risk adjusted
     performance, as well as assessing, managing and reporting
     on the risks the company incurs and advising on the
     necessary economic capital levels.
Posted 3/2/08