Assistant Manager, Market Risk Management

OCBC Malaysia; Malaysia; On-site; MYR 120,000 - 180,000; Full time

Benefits offered by this job

Competitive salary

Flexible benefits

Learning opportunities

Community initiatives

Job summary

OCBC Malaysia is seeking an Assistant Manager in Market Risk Management to monitor risk exposures, analyse market sensitivities, and support risk management across trading activities. You will work with experienced risk professionals to develop analytical and problem-solving skills while gaining insights into modern risk practices.

The role focuses on risk analysis, front office engagement, limit monitoring, reporting, and automation using Excel, Power BI, VBA or Python.

Qualifications

• Bachelor’s degree in finance, economics, mathematics, engineering or statistics.
• Strong interest in financial markets, derivatives, and risk management.
• Proficient in Excel and Power BI.
• Experience with large datasets and data visualization is a plus.

Responsibilities

• Analyse market risk exposures and key risk drivers to identify trends and assess portfolio risk.
• Engage Front Office to understand trading activities, hedging strategies, and positions.
• Monitor risk limits, investigate breaches, document observations and escalate with stakeholders.
• Prepare risk reports, dashboards and presentations for management and risk committees.
• Perform sensitivity analyses for interest rate, credit and FX risk to assess market movements impact.
• Support data analytics and visualization efforts to enhance risk monitoring and decision-making.
• Identify opportunities to improve reporting processes and automation using Excel, Power BI, VBA or Python.
• Participate in ad-hoc market risk projects, regulatory submissions and audits.

Skills

Risk analysis

Front office engagement

Limit monitoring

Risk reporting

Sensitivity analysis

Data analytics

Process automation

Ad-hoc projects

Education

Bachelor’s degree in finance or related field

Tools

Microsoft Excel

Power BI

VBA

Python

Job description

WHO WE ARE

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

Why Join

Gain first hand exposure to how a global bank manages market risks across a diverse portfolio of financial products. As a Assistant Manager in Market Risk Management, you'll work alongside experienced market risk professionals to monitor risk exposures, analyse market sensitivities, and support risk management activities across the trading business. You'll have the opportunity to develop your analytical, quantitative, and problem-solving skills while gaining practical insights into how risk is managed in today's financial markets.

How you succeed

To excel in this role, you'll need to be intellectually curious, detail-oriented, and comfortable working with data. You'll collaborate with the team to analyse market risk exposures, investigate risk movements, and support process improvement initiatives. Your ability to interpret complex information, communicate findings clearly, and continuously seek opportunities to improve processes will be key to delivering value and building a strong foundation in market risk management.

Who You Work With

Market Risk Management plays a critical role in safeguarding the bank by monitoring and managing exposures arising from financial market activities. You'll work alongside market risk professionals responsible for overseeing trading and banking portfolios, and ensuring risks remain within approved risk appetites. You'll gain valuable exposure to risk management practices, financial products, and the interaction between market movements, portfolio performance, and risk outcomes.

What You Do

• Risk Analysis: Analyse market risk exposures, risk sensitivities and key risk drivers to identify trends, investigate significant risk movements, and assess changes in portfolio risk profiles.
• Front Office Engagement: Build effective working relationships with Front Office and relevant stakeholders to understand trading activities, hedging strategies, portfolio positioning, and emerging risk exposures.
• Limit Monitoring & Escalation: Monitor risk limit excesses and exceptions, conduct investigations, document observations, and ensure timely escalation and follow-up with relevant stakeholders.
• Risk Reporting: Support the preparation of risk reports, dashboards and presentations for management, risk committees, and other stakeholders, ensuring information is accurate, timely and insightful.
• Sensitivity Analysis: Perform analysis of interest rate, credit, foreign exchange, and other market risk sensitivities to assess the potential impact of market movements on portfolio performance.
• Data Analytics & Visualisation: Support the analysis of large datasets and contribute to the development of reporting and visualisation tools that enhance risk monitoring and decision-making.
• Process Enhancement & Automation: Identify opportunities to improve reporting processes, strengthen controls, increase operational efficiency, and support automation initiatives through tools such as Excel, Power BI, VBA or Python.
• Ad-hoc Projects: Participate in market risk initiatives, regulatory submissions, audits, system enhancements, and other projects as assigned.

Who You Are

• Bachelor’s degree in finance, Economics, Mathematics, Engineering, Statistics, or a related discipline.
• Strong interest in financial markets, treasury products, derivatives, and risk management.
• Sound understanding of financial market concepts and basic treasury products.
• Knowledge of interest rate, credit, foreign exchange, and other market risk concepts would be advantageous.
• Strong analytical, quantitative, and problem-solving skills.
• Meticulous, detail-oriented, and able to work independently with minimal supervision.
• Strong interpersonal and communication skills, with the ability to engage stakeholders effectively.
• Proficient in Microsoft Excel and Power BI.
• Familiarity with VBA, Python, AI tools, or other programming languages will be an added advantage.
• Experience working with large datasets, reporting tools, and data visualisation techniques would be advantageous.
• Effective presentation and communication skills, with the ability to translate analytical findings into meaningful insights.
• Curious and passionate about market risk management, risk analytics, and quantitative modelling.

What we offer

• Competitive base salary.
• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry-leading learning and professional development opportunities.

Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers. Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.