Market Risk Analyst

QCP is Asia's leading digital asset partner, empowering clients to seamlessly integrate digital assets into their portfolios.

We offer a comprehensive range of solutions - from spot on/off ramping and fixed income strategies to vanilla options and bespoke exotics.

Driven by the vision to be the most trusted partner in digital asset markets, we provide innovative solutions that make digital assets a core component of every portfolio, balance sheet, and treasury.

Since our founding in 2017, we have witnessed the potential of digital assets to transform financial markets and the world at large. We exist at the centre of change, successfully navigating three market cycles and bridging institutional and crypto ecosystems.

We work to build trusted partnerships, putting client success and care at the heart of everything that we do.

Responsibilities

Group Risk Management is looking to hire a Market Risk Analyst to participate in covering the Singapore based business in Digital Assets Flow and Options Market Marking, CVA and Treasury. The risk analyst will also be responsible for overseeing day to day market risk management governance processes and covering regulatory reporting as well as maintaining market risk oversight on Singapore legal entities. The successful candidate will gain experience across Rates, FX and Credit as well as Crypto / Digital Assets products and derivative markets.

• Support the Head of Risk in terms of their daily risk monitoring.
• Daily review of key market news and positions taken and key changes.
• Liaise regularly with Front Office trading and structuring in the implementation of risk controls and ensure that issues identified (limit breach, incomplete or inadequate risk monitoring, system problems) are addressed in a timely manner.
• Ensure that daily risk and limit reports are produced timely to trading, senior management and regulatory stakeholders.
• Ensure VAR and capital components are reviewed, commented and signed off daily.
• Review of stress test scenarios, results and provide commentaries of key drivers.
• Review market risk regulatory reporting and stress testing results submitted to Singapore regulators.
• Work closely and manage relationships with groups outside of Market Risk, such as Credit Risk, Research, Quantitative Development, Finance, Product Control, Middle Office, Market Risk Technology, Compliance, and Internal Audit.

Requirements

• Minimum 5 years of experience in market risk function.
• Experience in Macro (FX and rates) and derivative products including vanilla options essential.
• Working knowledge of derivative pricing models and exotic derivative products and complex structured derivatives preferred.
• Experience in market risk processes (e.g. VAR, limits, stress testing).
• Bachelor or Post graduate degree in a quantitative field preferred.
• Knowledgeable about Crypto/Digital Asset markets.
• Ability to work autonomously and willingness to get involved and take responsibility for area covered.
• Proficiency in Excel, VBA, python programming preferred.
• Strong analytical, communication and independent problem solving skills and able to deliver under tight deadlines.
• Energetic, independent with aptitude to learn and improve processes.
• Strong team player who can interact and work well with front office, senior risk managers and other control functions.

Benefits

The Environment We Offer

As a growing firm with a tightly-knit team, we respect and listen to all our employees. You will get the chance to make an impact by having your voice heard by everyone, including the management.

Our employees enjoy a high level of autonomy at work. We focus on substance, not form - as long as you can perform, you will be recognized and rewarded. We are also dedicated to supporting our staff and ensuring they develop holistically to maximize their potential in the long term.

We also provide flexible working arrangements as required and a casual and fun environment to boot!