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.
Interested Applicants, please click on Apply NOW!
We regret to inform you that only shortlisted applicants will be contacted.
Canice Sar
EA Reg No: R1329095
EA License No: 21C0434
