Associate, Investment Risk Management (1-Year Contract)

Monetary Authority of Singapore (MAS); Singapore; On-site; SGD 45,000 - 75,000; Full time

Job summary

Join a forward-thinking institution as an investment risk management associate, where your skills will contribute to shaping Singapore’s economic landscape. You will design and automate processes for collateral management, ensuring efficiency and scalability. Collaborate with stakeholders to refine policies and leverage IT solutions for enhanced operations. This role offers a unique opportunity to gain insights into investment risk management at a central bank, with training in collateral management and performance metrics. If you're detail-oriented and passionate about finance, this is the perfect opportunity for you.

Qualifications

• Bachelor's degree in relevant fields preferred, fresh graduates considered.
• Proficiency in Excel VBA and Python is essential.

Responsibilities

• Design and automate processes for collateral policy implementation.
• Create dashboards for monitoring macroeconomic developments.

Skills

Excel VBA

Python

Attention to Detail

Communication Skills

Education

Bachelor's degree in finance/computing/data science and analytics/risk management

Tools

Tableau

Job description

What The Role Is

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.

As central bank, MAS promotes sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector.

As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education.

MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.

Join us now, if you have a genuine interest in making an impact to help shape Singapore’s economic and financial landscape.

What You Will Be Working On

We are seeking a diligent, meticulous and detail-oriented investment risk management associate to join our investment risk & performance management division. You will be part of a team that manages the risk of MAS’ portfolios.

The Primary Task Will Be To Design, Develop And Automate a Process That Effectively Implements Our Collateral Policy Framework For Residential Mortgages And Other Asset Classes, Prioritising Efficiency And Scalability. This Will Include

• Developing automated solutions for collateral policy implementation e.g. for collateral haircut computation;
• Processing collateral submissions from financial institutions in accordance with policy guidelines using the developed automated solutions;
• Collaborating with internal stakeholders and financial institutions to refine our collateral framework policies; and
• Identifying opportunities to leverage IT solutions to enhance internal processes.
  
  
  

You could also be given the opportunity to be involved in other risk management initiatives, including:

• Creating decision-useful dashboards and templates for the monitoring and tracking of macroeconomic and geopolitical developments;
• Partnering with internal stakeholders to inform on the state of climate reporting and to discover useful datasets for the purpose of assessing climate-related financial risks; and
• Develop custom reports to monitor exposures and risk limits of MAS’ various externally managed investment portfolios.
  
  
  

The role will offer you an opportunity to understand how investment risk management is implemented in a central bank and reserve manager. This will include specific exposure and training in collateral management and other aspects of investment risk and performance management.

What We Are Looking For

• Bachelor’s degree in finance/computing/data science and analytics/risk management or a related field. Fresh graduates with the suitable requirements will be considered.
• Proficiency in programming languages such as Excel VBA and Python required.
• Knowledge of Tableau would be an advantage.
• Experience in collateral management within banking, asset management or financial services is a plus.
• Strong attention to detail and accuracy in work delivery.
• Excellent communication and interpersonal skills.
• Only Singaporeans may apply for this position due to the role being security sensitive.
• As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment.
• All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.