Our client, a well- established international bank based in Singapore is looking to expand their business within the Asia Pacific region. The firm is looking for a Market Risk Associate (AVP) to join them. This role is pivotal in ensuring the integrity of the company's operations and establishing risk management standards across the bank.

Please email your cv directlyin word format with job reference no. 16574 to Sophia at [HIDDEN TEXT]

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EA Licence: 16S8131

Recruiter Licence: R22104669

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Key responsibilities

Developing the Market risk strategy and governance framework in line with the Global Market risk management and regulatory framework
Developing the tools and templates to allow the effective collection, review and use of Market risk information
Perform daily risk monitoring for products ranging from Rates, FX and Credit, G10 currencies
Perform daily review of key market news and positions taken and key change
Liaise regularly with Front Office trading and structuring in the implementation of risk controls and ensure that issues identified (limit breach, incomplete or inadequate risk monitoring, system problems) are addressed in timely manner.
Ensure that daily risk and limit reports are produced timely to trading, senior management and regulatory stakeholders
Ensure VAR and capital components are reviewed, commented and signed off daily.
Review of stress test scenarios, results and provide commentaries of key drivers
Review market risk regulatory reporting and stress testing results submitted to Singapore regulators
Work closely with other divisions across the bank e.g. Credit Risk, Research, Quantitative Research, Finance, Product Control, Middle Office

Role requirements

Ideally 3 to 5 years of experience in market risk function
Possess a Bachelors/ Master's Degree and above in Finance, Financial Engineering, Economics etc.
Demonstrated experience monitoring or analysing Macro (FX and rates) products
Practical experience market risk processes (e.g. VAR limits, stress testing)
Knowledgeable about developed and AEJ emerging markets
Ability to work autonomously and willingness to get involved and take responsibility for area covered.
Proficiency in Excel, VBA, python programing preferred
Strong analytical, communication and independent problem solving skills and able to deliver under tight deadlines.

Associate/AVP (Market Risk)