Risk Control (AVP/VP)

Lico Resources; Singapore; On-site; SGD 180,000 - 260,000; Full time

Job summary

Lico Resources is partnering with a leading financial institution to recruit a Risk Control specialist (AVP/VP) for its Risk Management team in Singapore. The role is hands-on, second-line, focusing on counterparty credit oversight, collateral and margin adequacy, and crisis readiness.

You will monitor macro and market developments, assess how shifts affect counterparties and firm exposure, and report findings to senior leaders and risk committees.

Qualifications

• Degree in finance, economics, mathematics, engineering, risk management or related field.
• 7+ years of work experience, with at least 3 in a relevant risk area.
• Strong understanding of macro events and counterparty risk translation to firm risk.
• Excellent written and presentation skills for management and committees.

Responsibilities

• Oversee counterparty risk and monitor credit health of institutional counterparties.
• Review exposures, liquidity, funding and concentration risks continuously.
• Assess collateral/margin adequacy and test during volatile periods.
• Contribute to risk limit setting, scenario analysis and stress testing.
• Prepare committee papers and participate in risk policy reviews.

Skills

Counterparty risk

Risk management

Macro risk analysis

Communication

Education

Finance/Economics/Math/Engineering

Job description

About the Company

Our client is a listed financial institution. Its risk function is known for disciplined governance, close engagement with regulators and a collaborative culture.

The Role

Lico Resources is partnering with our client to find a Risk Control specialist (AVP or VP) for its Risk Management team. This is a hands-on, second-line role covering counterparty credit oversight, collateral and margin adequacy, and default and crisis readiness. You will track how economic shifts, market shocks and product-level factors could affect the firm's counterparties and its own exposure, and act early to contain those risks.

What You Will Do

Counterparty Oversight

• Keep a close watch on the financial health and credit standing of the firm's institutional counterparties.
• Review exposure levels, liquidity and funding positions, and concentration risk on a continuous basis.
• Spot early signs of stress and raise them to the right stakeholders without delay.
• Hold regular discussions with counterparties to understand shifts in their business model and balance sheet.
• Propose and put in place protective measures when the risk picture changes.

Markets and Collateral

• Follow global market developments, judge what they mean for the firm's risk position and recommend responses.
• Test whether collateral and margin levels remain sufficient during volatile periods.
• Contribute to periodic margin reviews, scenario and stress analysis, and the tuning of risk limits and controls.
• Trace how a market event could spread to counterparty exposures and to the firm's resilience.
• Write up findings and recommendations for senior leaders and risk committees.

Default and Crisis Readiness

• Help maintain and strengthen the firm's framework for handling a counterparty default.
• Join simulation drills, crisis exercises and recovery planning work.
• Draft and refresh the procedures, playbooks and workflows used in a default scenario.
• Work with internal teams and external parties to run readiness exercises smoothly.
• Capture lessons learnt after each exercise and drive improvements.

Policy and Engagement

• Contribute to drafting and periodic review of risk policies and procedures.
• Prepare committee papers, assessments and presentations for senior management and regulators.
• Represent the team in industry forums on risk management and market resilience.
• Partner with product, operations, legal, compliance and technology colleagues on risk projects.

What We Are Looking For

• A degree in finance, economics, mathematics, engineering, risk management, business analytics or a similar field.
• 7 or more years of work experience, including at least 3 years in a relevant risk area such as clearing or counterparty risk, securities or derivatives brokerage, risk management at a fund or asset manager, or derivatives trading support and risk.
• A good grasp of how macro and market events translate into counterparty and firm-level risk.
• Strong writing and presentation skills, with the confidence to brief senior management and committees.