Exchange Risk Control Manager | Singapore, SG

Klickl Limited; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

A leading company seeks a Risk Management Specialist to monitor market data, assess risks, and ensure regulatory compliance in Singapore. The ideal candidate has a background in Financial Engineering with strong analytical skills and over 5 years of hands-on experience in market risk management. Responsibilities include designing surveillance models and collaborating with teams for risk control processes. Competitive salary and growth opportunities are available.

Qualifications

• 5+ years in financial market risk management.
• Experience in margin calculation & stress testing.
• Familiarity with exchange operations and risk control frameworks.

Responsibilities

• Monitor real-time market data to detect abnormal trading.
• Analyze extreme market events and develop contingency plans.
• Ensure compliance with regulatory requirements.

Skills

Risk Sensitivity

Data Analysis

Communication

Problem-Solving

Attention to Detail

Education

Bachelor's degree or higher in Financial Engineering, Finance, or related field

Master's degree preferred

Tools

SQL

Python

R

Tableau

Power BI

Job description

- Monitor real-time market data (e.g., prices, trading volume, open interest, volatility) to detect abnormal trading behaviors (e.g., market manipulation, insider trading, algorithmic trading failures) and systemic risks.

- Design, implement, and optimize market risk surveillance models and alert thresholds (e.g., price deviation, liquidity metrics, volatility cones, stress test scenarios).

- Administer market stability mechanisms, including circuit breakers, price limits, position limits, and large position reporting.

- Analyze extreme market events (e.g., flash crashes, liquidity droughts) and develop contingency plans.

2. Clearing & Counterparty Risk Management:

- Monitor clearing members' and clients' margin levels, position risks, and funding conditions to ensure compliance with exchange requirements.

- Assess and manage counterparty credit risks (default risks) under the central counterparty (CCP) clearing framework.

- Participate in or lead the evaluation, optimization, and stress testing of clearing margin models (e.g., SPAN/TIMS).

- Oversee daily margin calls and the execution of default management procedures.

3. Operational & Technology Risk Mitigation:

- Identify and evaluate operational risks related to trading, clearing, and data systems (e.g., system failures, cyberattacks, data inaccuracies).

- Participate in risk assessments for core system upgrades (e.g., trading/clearing engines, market data feeds) and post-deployment monitoring.

- Develop and test business continuity plans (BCP) and disaster recovery plans (DRP).

- Monitor the stability and compliance of member connectivity systems.

- Contribute to member onboarding and ongoing risk assessments, including reviews of their risk control frameworks.

- Monitor concentration risks, abnormal trading activities, and compliance among members' clients.

- Conduct preliminary analyses of risk incident reports and investigations involving members or clients.

5. Compliance & Regulatory Reporting:

- Ensure exchange risk management practices comply with regulatory requirements (e.g., CSRC, CFTC/SEC, SFC).

- Prepare and submit periodic risk reports, ad-hoc incident disclosures, and responses to regulatory inquiries.

- Track updates to global financial regulations (particularly on market/clearing risks and system resilience) and assess their impact on exchange operations.

- Continuously refine the exchange’s risk policies, procedures, and emergency protocols.

- Drive automation and AI-powered upgrades to risk systems to improve monitoring efficiency and accuracy.

- Conduct quantitative risk analysis, back-testing, and model validation.

- Collaborate with trading, clearing, technology, legal, and compliance teams to embed risk controls into business processes.

Job Requirements

1. Educational Background:

- Bachelor's degree or higher in Financial Engineering, Finance, Economics, Mathematics, Statistics, Computer Science, Risk Management, or a related field. A master's degree is preferred.

2. Work Experience:

- 5+ years of experience in financial market risk management, including at least 2-3 years in market risk, clearing risk, or trading system monitoring at exchanges, clearinghouses, risk control departments of top-tier brokerages/futures firms, large quantitative funds, or financial regulatory agencies. Must be familiar with exchange operations, trading rules, clearing processes, and core system architecture. Experience in central counterparty (CCP) risk management, algorithmic trading surveillance, or stress testing modeling is a plus.

3. Professional Knowledge & Skills:

- Financial Market Expertise:

Deep understanding of financial instruments (e.g., equities, futures, options, derivatives) and their pricing/risk characteristics. Risk Management Techniques: Proficient in market risk measurement (VaR, ES), margin calculation principles (SPAN/TIMS), stress testing, scenario analysis, and counterparty credit risk assessment (EAD, PFE, CVA).

- Strong Data Analysis & Quantitative Skills:

Advanced Excel skills; proficiency in at least one programming language for data analysis (Python or R strongly preferred). Proficient in SQL for data querying and processing. Data visualization skills (Tableau, Power BI, etc. are a plus). Experience in risk model development or validation is preferred.

- Exchange Systems & Technology:

Knowledge of trading systems (e.g., order-matching engines), clearing systems, and market data distribution mechanisms, with an awareness of risks in low-latency, high-concurrency systems.

- Regulatory Compliance:

Familiarity with relevant regulations (e.g., *Futures and Derivatives Law*, exchange rules, PFMI, EMIR, MiFID II, digital asset regulations).

4. Core Competencies:

- Risk Sensitivity & Quick Response: Ability to swiftly identify risk signals and make preliminary judgments under pressure.

- Analytical, Problem-Solving & Decision-Making Skills: Capable of handling complex, ambiguous risk scenarios and proposing effective solutions.

- Attention to Detail & Responsibility: Highly data-sensitive, meticulous, and accountable for market safety.

- Communication & Coordination: Ability to clearly and professionally communicate risk matters with internal teams (e.g., technology, business) and external stakeholders (e.g., members, regulators).

- Resilience & Adaptability: Willingness to handle events (may involve shifts or on-call duty).

- Continuous Learning: Keeps abreast of financial innovations (e.g., new derivatives, DeFi, crypto assets) and risk management advancements.

5. Preferred Qualifications:

- FRM, CFA, PRM, or similar certifications are highly desirable.

- Strong English reading and writing skills.

We would like to remind you that eFinancialCareers is a job board and does not conduct hiring or ask for payment or any financial details as part of the job application process.

If you receive any suspicious messages claiming to be from us or a hiring company, we urge you not to click on any links and not to reply to the message itself.

Instead, please report the message to our support team at [e-mail] .

It is advisable to always verify job offers directly with the hiring company.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.

China CITIC Bank International Limited (SG Branch)