Responsibilities:
- Daily review of key market news and positions taken and key changes
- Devise risk control framework suitable for Front Office strategy and product range to ensure risk taking is aligned with the firm's risk appetite and policies.
- 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.
- Produce daily risk report and limits reports timely to trading, senior management and regulatory stakeholders
- Conduct scenario analysis and review of structured/ hybrid portfolio and implement necessary risk control frameworks.
- Ensure VAR and capital components are reviewed and signed off daily.
- Review of stress test scenarios, results and analysis of key drivers
- Review new product and transactions eg (DCFX, structured products) from a market risk point of view and provide opinion to management.
- Review market risk regulatory reporting and stress testing results submitted to Singapore regulators
- Work with stakeholders on firm wide risk projects eg. FRTB and VAR system development in terms of design and testing.
- Work closely and manage relationships with groups outside of Market Risk, such as Credit Risk, Research, Quantitative Research, Finance, Product Control, Middle Office, Market Risk Technology, Regulatory, and Internal Audit.
Requirements:
- 10-15 years of experience in market risk
- Experience in Fixed income and Exotics/Hybrid IR products
- Experience in market risk processes (eg. VAR, limits, stress testing)
- Bachelor or Post graduate degree in a quantitative field eg. Statistics, Mathematics, Engineering
- Knowledgeable about developed and local emerging markets
- Ability to work autonomously and willingness to get involved and take responsibility for area covered.
- Proficiency in Excel, VBA programing
Profile Search & Selection is Asia’s leading search & selection firm, providing collaborative solutions to financial services, commercial and professional services clients.
Across our offices in Hong Kong, Singapore, Shanghai and Beijing, we provide access to a longstanding network throughout Asia, bolstered by a team of consultants and in-house researchers with specialist expertise at the sector and functional level. From market intelligence to executive search, we use robust tools to find and secure the right leaders for your organisation, and offer key market insights to inform your talent strategy.
In February 2020, Profile joined forces with WilsonHCG, an award-winning, global leader in total talent solutions. With a global presence spanning 65+ countries and six continents, WilsonHCG provides a full suite of configurable talent services, including recruitment process outsourcing (RPO), executive search, contingent talent solutions and technology advisory.
By expanding our presence, we can not only better serve our clients at a local level throughout Asia, but also across North America, Europe, the Middle East, and Africa. Together, we provide our clients access to a single provider with capabilities across the globe.
Let us help you take the next step in your career. Click here to learn more: www.profileasia.com
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