AVP / VP, Market Risk, Risk Management

CHINA CITIC BANK INTERNATIONAL LIMITED Singapore Branch; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A financial institution is seeking an experienced professional for market risk management in Singapore. The role includes monitoring market risks, evaluating trading activities, and ensuring compliance with regulatory standards. Candidates should have a degree in finance and 6-10 years of experience in market risk management. Proficiency in VBA and Bloomberg is essential. This position offers an opportunity to work closely with both local and head office teams.

Qualifications

• 6 to 10 years in market risk management or quantitative analysis.
• Sound knowledge in trading and market risk methodologies.
• Good knowledge of VBA and Bloomberg.

Responsibilities

• Monitor and manage market and liquidity risks prudently.
• Evaluate daily trading activities and market risk exposures.
• Prepare reports for market risk assessments and controls.

Skills

Market risk methodologies

Quantitative analysis

VBA

Bloomberg

Asset and liability management

Education

Degree in Finance, Applied Finance, Mathematics, Risk Management

Tools

Murex

Job description

Job Purpose:

To monitor, analyse, manage and report on the market and liquidity risks of Singapore Branch on a prudent and timely basis.

Job Responsibilities:

• Ensure all material market risks are identified, measured, managed and controlled prudently, including the development, implementation and improvisation of market risk methodologies, framework and systems, working closely with local Treasury staff and the Head Office Risk team.
• Evaluate daily trading and investment activities, including marked to market, value-at-risk as well as market risk capital usage and exposures.
• Monitor and control market risks in accordance to the risk framework and policies as set forth by Singapore Branch and Head Office.
• Evaluate, summarize and prepare reports for market risk exposures, assessment and controls including stress testing, for the Head of Risk, Singapore ALCO and Head Office on a timely basis.
• Project management for market risks projects in close coordination with the Singapore office, Head Office and where required, Parent office in China.
• Provide support for regulatory compliance and reporting to the Monetary Authority of Singapore (“MAS”) and the Hong Kong Monetary Authority (“HKMA”).
• To perform assignments from time to time as required by management.
  
  AML/CTF Responsibilities
• Support frontline and adhere to anti-money laundering / counter terrorist financing requirement and sanction risks controls in accordance with regulatory standards and CNCBI policies.

Job Requirements:

• Degree Holder in Finance, Applied Finance, Mathematics, Risk Management, Statistics, Business Administration or related disciplines with advanced degree being a plus.
• 6 to 10 years or more in market risk management/quantitative analysis in a financial institution or in a consulting capacity.
• Sound knowledge/experience in trading, market risk methodologies, securities and derivatives valuations and methodologies, and structured products.
• Knowledge/experience in asset and liability management.
• Good knowledge of VBA, Bloomberg and familiarity with Murex.