OUR CLIENT
Mid-sized Bank
LOCATION
Central
HIGHLIGHTS
Nurturing and cohesive environment
Excellent benefits including extensive medical and insurance coverage
3 mins walk from MRT Station with several affordable F&B and retail shops in vicinity
Responsibilities:
1.
Market Risk Management
- Monitor and analyze market risk exposures (interest rate, FX, equity, commodity risks).
- Assess risk metrics such as Value-at-Risk (VaR), stress testing, sensitivity analysis, and back-testing.
- Develop and enhance market risk models in compliance with MAS guidelines.
- Set and monitor risk limits across trading and banking books, escalate breaches.
- Work closely with trading desks to understand risk drivers and P&L fluctuations.
- Ensure alignment with Basel III / IV and FRTB (Fundamental Review of the Trading Book) requirements.
2.
Liquidity Risk Management
- Monitor liquidity positions , including LCR (Liquidity Coverage Ratio) and NSFR (Net Stable Funding Ratio).
- Evaluate daily cash flow projections , funding gaps, and maturity mismatch.
- Participate in contingency funding planning , stress scenarios, and recovery planning.
- Collaborate with Treasury to assess and manage funding needs and strategies.
- Ensure compliance with MAS 649 (Liquidity Risk Management Requirements).
3.
Regulatory Compliance & Reporting
- Ensure all market and liquidity risk activities comply with MAS regulations .
- Prepare and review regulatory submissions , including MAS 610/1003, MAS 649, etc.
- Liaise with auditors, regulators (MAS), and internal compliance teams during audits or reviews.
4.
Risk Governance & Framework Enhancement
- Support the development and maintenance of risk management frameworks , policies, and procedures.
- Contribute to risk governance forums (e.g., ALCO, risk committees).
- Engage in model validation, policy updates, and risk appetite statement reviews.
5.
Systems and Analytics
- Use risk systems like Murex, Bloomberg, QRM, or RiskWatch for risk monitoring and reporting.
- Work with technology teams to automate processes and improve data quality and analytics.
- Understand data lineage and ensure data integrity for risk reporting.
6.
Cross-Functional Collaboration
- Partner with Front Office, Finance, Treasury, Compliance, and IT to align risk management efforts.
- Provide risk input on new product approvals (NPAs) or business initiatives.
- Participate in projects like digital transformation , sustainability risk integration (ESG), and stress testing exercises.
Qualification:
- Degree in Finance, Economics, Mathematics, or related fields.
- Professional certifications (e.g., FRM, CFA, PRM) are highly valued.
- 6–10 years' experience in market or liquidity risk, preferably in a regional/international bank.
- Strong knowledge of MAS regulations and global risk standards (Basel, IFRS, etc.).
- Proficiency in Excel, VBA, SQL; Python or R is a plus for data analysis.
- Strong communication skills for risk reporting and stakeholder management.
We regret to inform you that only shortlisted applicants will be contacted.
Canice Sar
EA Reg No: R
EA License No: 21C0434