1st Line Risk Analyst (VN2305)

Rex Technologies GmbH; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A financial services company in Singapore is looking for a Risk Analyst to improve the firm's risk management processes, particularly in derivatives. This role involves real-time monitoring of client positions, proactive account management, and collaboration with various functions to uphold risk policies. Candidates should have experience in risk management, excellent numerical skills, and proficiency in Microsoft Office and VBA. The position requires unique working hours from Saturday to Wednesday, ensuring operations are covered consistently.

Qualifications

• Experience in a risk management or trading role.
• Confident discussing risk scenarios and products with clients.
• Good understanding of processes and controls in Financial Markets.

Responsibilities

• Manage risk of positions intraday and overnight.
• Real-time monitoring of client positions and P&L.
• Assess onboarding clients and suitability of products.
• Proactive management of client accounts breaching risk parameters.
• Deliver on allocated projects and engage on risk improvement ideas.

Skills

Risk management

Knowledge of exchange traded derivatives

Numerical skills

Microsoft Office proficiency

VBA skills in Excel

Job description

Marex has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order‑flow management via screen, voice and DMA, plus award‑winning data, insights, and analytics.

Role Summary

We are seeking a risk analyst to evolve the firm’s 1st line risk function. With a primary focus on derivatives, the analyst will form part of a global team to ensure 24/7 monitoring on the major exchanges supported by the firm. The successful candidate will play a key role in ensuring robust risk management, monitoring exposures, and partnering with trading, structuring, and control functions to manage risk across multiple asset classes.

This position is based in Singapore. Please note, this role will requires an offset working week from Saturday to Wednesday, with Thursdays and Fridays off in lieu of the traditional weekend.

Overall Responsibilities

• Risk management of positions on an intraday and overnight basis and assessing new clients
• Real time monitoring of client / firm positions, account balance and P&L to ensure adherence to pre-defined risk parameters.
• Risk assessment of onboarding clients, suitability of products and limits, margin required, and proposal of risk set‑up. Assessment of new and existing front‑end controls, liaising with clients where appropriate
• Proactive management of client accounts in excess of pre-defined risk parameters or experiencing trading losses to bring within parameters and/ or protect the firm’s capital. Actions may include prompt communication with clients on risk parameters breached, escalation to senior management within Risk and the business.
• Administration of trading platforms to perform changes of pre-trade limits, and effect order cancellations if required.
• Analysis and approval of Give‑Ins, trade transfers, and client payments.
• Responsible for ensuring adherence to risk policies & procedures at all times and escalation of potential issues.
• Delivering on allocated projects and system development items as well as proactively engaging on risk or control improvement ideas with the wider team.
• To effectively communicate risk management principles to internal stakeholders and external clients/ counterparties.
• Bespoke assignments and risk projects as directed
• The Company may require you to carry out other duties from time to time

Competencies, Skills and Experience

• Experience in a risk management or trading role.
• Knowledge of exchange traded derivatives trade life cycle
• Confident discussing risk scenarios and products with clients.
• A strong numerical background gained in education and/or in a professional setting.
• Good understanding of processes, controls and responsibilities associated with a Financial Markets business.
• Strong Microsoft Office skills, high level VBA skills within Excel.

Company Values

Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.

Integrity - Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this, and we demand it of ourselves.

Collaborative - We work in teams - open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.

Developing our People - Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex the place ambitious, hardworking, talented people choose to build their careers.

Adaptable and Nimble - Our size and flexibility is an advantage. We are big enough to support our client’s various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.

Conduct Rules

You must:

• Act with integrity
• Act with due skill, care, and diligence
• Be open and cooperative with the FCA, the PRA and other regulators
• Pay due regard to the interests of customers and treat them fairly
• Observe proper standard of market conduct