Risk Specialist - Valuation (Assistant Manager/Manager)

Bank of Singapore, Asia’s Global Private Bank; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Bank of Singapore invites applications for a valuation-focused professional to join the BOS MRM-Valuation team. The role emphasizes daily valuation of Exchange Traded/OTC products, including derivatives, with close collaboration across Front Office, IAS, CRM and MRM-Collateral Evaluation.

The ideal candidate has a quantitative degree, at least two years in product control or operations, and strong Excel skills.

Qualifications

• 2+ years of relevant working experience in a product control/operations function.
• Degree in quantitative discipline.
• In-depth understanding of financial and structured products.
• Analytical, self-driven, a team player and able to work under tight timelines.
• Good interpersonal and communication skills.
• Advanced Excel skills; knowledge of a functional programming language is a plus.

Responsibilities

• Daily valuation of Exchange Traded/OTC Products including derivatives, price verification to ensure accurate valuation.
• Market data breaches are analyzed and explained; audit trails are documented.
• Identify and initiate projects to improve valuation accuracy and efficiency.
• Work closely with Front Office, IWS, CRM and MRM-Collateral Evaluation to resolve valuation issues.

Skills

Analytical

Team player

Communication skills

Advanced Excel

Programming knowledge

Education

Quantitative degree

Tools

Excel

Job description

Bank of Singapore opens doors to new opportunities.

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

The successful candidate will be joining the BOS MRM-Valuation team mainly responsible for daily valuation of Exchange Traded/OTC Products including derivatives. The individual will also work closely with Front Office, IAS, CRM and MRM-Collateral Evaluation teams on valuation, model and market data related tasks and issues.

• Daily valuation of Exchange Traded/OTC Products including derivatives, price verification to ensure that the financial instruments are correctly valued. Market data which breaches the pre-determined thresholds are analyzed and explained. Exercise seasoned judgment when a call on valuation is required and ensuring audit trials are documented.
• Identify and initiate projects and process change that aid in improving the accuracy and efficiency of the valuation procedure.
• Working closely with Front Office, IWS, CRM and MRM-Collateral Evaluation team to identify and resolve valuation related issues.
• Identifying potential valuation issues in the new product approval process and recommend/implement valuation processes and controls where appropriate.

Requirements

• 2 or more years of relevant working experience in a product control/operations function preferred.
• Good University degree in quantitative discipline
• In depth understanding of financial and structured products
• Analytical, self-driven, a team player and able to work under tight timelines
• Good interpersonal and communication skills
• Advanced Excel skills are essential and experience with a functional programming language would be an advantage