Market Risk Manager - Equity Derivative

StarX Capital Markets Pte. Ltd.; Singapore; On-site; SGD 120,000 - 170,000; Full time

Benefits offered by this job

Competitive remuneration

Performance-based incentives

Career development opportunities

Job summary

StarX Capital Markets Pte. Ltd. is a Singapore-based CMS license holder regulated by MAS. The firm is building an Equity Derivatives platform to serve institutional clients across China, Hong Kong and US markets, seeking an AVP/VP – Market & Counterparty Risk Manager to establish and oversee the risk framework.

The role covers market risk, counterparty risk, governance, and collaboration with Front Office and Compliance to ensure robust risk monitoring and controls in a dynamic environment.

Qualifications

• 5–8 years of relevant experience in Market Risk, Counterparty Risk or Product Control.
• Hands-on experience supporting Equity Total Return Swaps (TRS), Delta One, or OTC Equity Derivatives.
• Bachelor's degree in Finance, Mathematics, Statistics, Economics, Engineering or related quantitative discipline.

Responsibilities

• Monitor and manage market risk exposures arising from Equity Derivatives transactions.
• Perform daily risk analysis, exposure monitoring and stress testing to ensure risks stay within limits.
• Produce regular risk reports and escalate material market risk issues to senior management.
• Oversee counterparty risk, collateral management, margin monitoring and disputes with counterparties.
• Develop risk policies and governance, and improve risk framework and controls.

Skills

Market risk

Counterparty risk

Stress testing

Risk reporting

Education

Bachelor's degree in Finance/Mathematics/Economics

Job description

StarX Capital Markets Pte. Ltd. is a Singapore-based Capital Markets Services (CMS) license holder regulated by the Monetary Authority of Singapore (MAS). We provide institutional clients with a broad range of capital markets solutions, including Foreign Exchange, Derivatives, Asset Management and Futures Brokerage services.

As part of our business expansion, we are building our Equity Derivatives platform to serve institutional clients investing across China, Hong Kong and US equity markets. We are seeking an experienced AVP / VP – Market & Counterparty Risk Manager (Equity Derivatives) to establish and oversee the market and counterparty risk framework.

Job Scope

• Monitor and manage market risk exposures arising from Equity Total Return Swaps (TRS) and other Derivatives transactions.
• Perform daily risk analysis, exposure monitoring and stress testing to ensure risks remain within approved limits.
• Produce regular risk reports and provide timely escalation of material market risk issues to senior management.

2. Counterparty & Collateral Risk Management

• Monitor counterparty credit exposures and ensure compliance with approved counterparty limits.
• Oversee collateral management, margin monitoring and dispute resolution with counterparties.
• Review counterparty risk profiles and recommend appropriate risk mitigation measures where necessary.

3. Risk Governance & Controls

• Develop and maintain risk policies, procedures and control frameworks.
• Review new products and business initiatives from market and counterparty risk perspective.
• Ensure risk management practices are aligned with internal governance standards and regulatory requirements.

4. Business & Risk Partnership

• Work closely with Front Office to understand trading activities and provide independent risk oversight.
• Partner with Middle Office, Operations, Finance and Compliance to ensure effective risk monitoring and operational controls.
• Support risk management across both the Equity Derivatives and FX businesses as required, while maintaining primary responsibility for the Equity Derivatives business.

5. Risk Infrastructure & Process Improvement

• Support the implementation and enhancement of risk management systems, models and reporting tools.
• Identify opportunities to improve risk monitoring processes through automation and process optimisation.
• Participate in system testing (UAT), model validation and risk-related projects to enhance the overall risk management framework.

Requirements

• Bachelor's degree in Finance, Mathematics, Statistics, Economics, Engineering or a related quantitative discipline.
• 5–8 years of relevant experience in Market Risk, Counterparty Risk or Product Control within securities firm, prime broker or capital markets institution.
• Hands‑on experience supporting Equity Total Return Swaps (TRS), Delta One, or OTC Equity Derivatives businesses is highly preferred.
• Strong understanding of market risk, counterparty credit risk, collateral management and margin methodologies.
• Familiarity with risk reporting, exposure monitoring, stress testing and risk limit management.
• Excellent communication skills with the ability to work effectively with Front Office, Operations, Compliance and Senior Management.
• Fluent in English. Mandarin is preferred.

Why Join StarX

• Join a fast-growing Singapore-based capital markets platform with a strong institutional client franchise.
• Play a key role in building the market and counterparty risk framework for StarX's Equity Derivatives business.
• Work closely with Front Office and Senior Management in a dynamic and entrepreneurial environment.
• Competitive remuneration package with performance-based incentives and long-term career development opportunities.