Market Risk System Analyst

BOUNTEOUSXACCOLITE SINGAPORE PTE. LTD.; Singapore; On-site; SGD 80,000 - 130,000; Full time

Job summary

Bounteous is seeking a Market Risk System Analyst for a 6-month contract in Singapore. This role involves leading the implementation of an Enterprise Data Management system for Market and Referential Data across the banking division, requiring extensive financial industry experience and techno-functional skills.

Qualifications

• 7+ years of experience in relevant domains, especially in financial services.
• Experience in core Market Risk modules and FRTB implementations preferred.

Responsibilities

• Analyze business requirements and provide solution designs.
• Work with technology teams to deliver system solutions.
• Collaborate with stakeholders for prioritization and system improvements.

Skills

Business Analysis

Techno-Functional Skills

Communication Skills

Problem Solving

Organizational Skills

Tools

Murex

Job description

About The Role

Bounteous is a premier end-to-end digital transformation consultancy dedicated to partnering with ambitious brands to create digital solutions for today’s complex challenges and tomorrow’s opportunities. With uncompromising standards for technical and domain expertise, we deliver innovative and strategic solutions in Strategy, Analytics, Digital Engineering, Cloud, Data & AI, Experience Design, and Marketing.

One of key Financial Services clients is looking for a Market Risk System Analyst for a 6 month contract position based in Singapore.

Job Description

Group Technology and Operations (GTO) Global Markets IT division in Singapore is looking for an experienced System Analyst to join its dynamic derivatives development team to lead in providing solutions as Enterprise Market Data Services bank-wide covering Treasury, Risks, Financial, Wholesale and Retail banking across all countries.

Enterprise Market Data Services

Key focus is to build an Enterprise Data Management (EDM) system for Market and Referential Data across bank wide to acquire, extract, transform and distribute static and pricing data from vendors such as Bloomberg, Reuters & Super-D. Asset class coverage includes, but not limited to, Equities, Interest-Rates, FX & Commodities. The platform will become the bank’s overall Enterprise Rates systems distributing data across Retail, Wholesale and Global Markets banking.

Requirements

• 7+ years’ experience in relevant domain

· Manage and analyse business requirements into a solution design, managing user requirements workshops and formulation of an overall solution design, modelling transactions through the system to ensure that the business requirements are met.

· Hands-on Techno-Functional role to analysis and propose solutions for business issues, process changes and functional requirements.

· Work with different technology teams across infrastructure, and other divisions to deliver system solutions for the business.

· Collaborate with stakeholders on their priorities, needs as well as system improvements.

· Build a strong relationship and manage expectations with users and stake holders

Functional Requirements

Techno functional skills are required for this role including:

• Experience working in the financial industry with relevant experience in business analysis or in core Market Risk module and project implementation.
• Previous experience on implementing Fundamental Review of Trading Book (FRTB SA and IMA) SIMM(Standard Initial Margining Model), xVA is preferred.
• Candidate must have thorough understanding of regulation on “Minimum requirement of Market Risk capital charge”
• Must have working understanding of Murex module with atleast 7 years of specific experience in MRE, MRA, Murex Limit Controller and Simulation and pricing modules
• Other good to have skill sets include margining, collateral or related credit risk methodologies
• Experience in managing and delivery of trading platforms for Treasury products on a global scale, integrated within the organizations treasury product systems.
• Strong team player with excellent communication & inter-personal skills.
• Strong problem solver who can question and understand proposed solutions and business drivers.
• Strong organizational and leadership skills

What's on Offer

Bounteous brings together 5000+ employees spanning North America, APAC, and EMEA, and partnerships with leading technology providers. Through advanced digital engineering, technology solutions, and data-driven digital experiences, we create exceptional and efficient business impact and help our clients win.

Bounteous is focused on promoting an inclusive environment and is proud to be an equal opportunity employer. We celebrate the different viewpoints and experiences our diverse group of team members bring to Bounteous. Bounteous does not discriminate on the basis of race, religion, colour, sex, gender identity, sexual orientation, age, physical or mental disability, national origin, or any other status protected under state, or local law.