Associate, Trading Risk & Reporting, Quant Trading Team

P2P; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading financial services firm in Singapore is looking for a Risk Associate. This role involves daily monitoring of P&L and Risk, preparing analytical reports for management, and contributing to risk management frameworks. Candidates should have a degree in a quantitative discipline, at least 3 years of experience, and be proficient in Python and SQL. This is an exciting opportunity to work in the Quant Trading business with a focus on innovation in cryptocurrency and blockchain.

Qualifications

• Minimum 3 years of relevant experience in Product Control, Market Risk Management, or Model Validation.
• Broad understanding of financial products, knowledge of crypto is a plus.

Responsibilities

• Daily monitoring and reporting of P&L and Risk.
• Prepare trading performance reports for senior management.
• Develop trading risk management framework and policies.

Skills

Proficient in Python

SQL

Strong analytical skills

Attention to detail

Education

Degree in quantitative discipline

Professional qualification (CPA, CFA, FRM)

Job description

We are recruiting for a Risk Associate to expand our in-business Risk and Reporting control function for the global Quant Trading business. Quant Trading business covers a variety of trading desks across cash, derivatives, volatility trading and others. This role will cover both P&L reporting and Risk monitoring with direct interaction with trading desks, central Finance team and other control functions.

Responsibilities:

• Responsible for daily monitoring and reporting of P&L and Risk, with commentaries of key drivers
• Prepare trading performance reports and analyses for senior management
• Contribute to the development of the trading risk management framework, drafting of risk policies and procedures for new and existing businesses, ensuring compliance with relevant regulatory requirements
• Perform quantitative risk analysis on market risk (e.g. VaR, stress testing, scenario analysis), with insightful commentaries to traders and senior management
• Set up and review trading limits systematically using scripting tools
• Monitor funding risk and ensure integrity of balance sheet capital funding and usage
• Work with trading desks to implement risk controls and ensure breaches are addressed on a timely basis and properly escalated
• Contribute to enhancing the control environment, work with quant developers to build automated trading controls, scripts and dashboards to monitor trading positions and balances real-time

Requirements:

• Degree or above in a quantitative discipline, with professional qualification such as CPA, CFA, FRM an added advantage
• Minimum 3 years of relevant working experience such as Product Control, Market Risk Management, Model Validation, with hands-on experience
• Broad understanding of financial products, knowledge of crypto products is a plus
• Proficient in Python and SQL
• Strong analytical skills, detailed oriented
• Hands-on, passionate about building, a product owner who can drive an initiative from start to finish
• Passionate about cryptocurrency and blockchain