VP, Asset Liability Management, Market Risk Management

OCBC Group; Singapore; On-site; SGD 180,000 - 260,000; Full time

Benefits offered by this job

Competitive base salary

Holistic benefits package

Learning and development opportunities

Job summary

OCBC Group is seeking an experienced ALM professional to manage and improve risk reporting for balance sheet risk. You will lead a small team, synthesize complex ALM metrics, and present insights to senior management across multiple committees.

The role emphasizes collaboration with corporate treasury, global markets, and overseas risk units, driving data quality, automation, and innovative reporting practices within a regulated framework.

Qualifications

• 8–10 years of experience in IRRBB or SFX risk management.
• Ability to present risk and balance sheet information to senior management.
• Strong stakeholder management and communication skills.
• Proficiency in Excel; coding or automation a plus.

Responsibilities

• Generate and review ALM risk reports for management and regulatory reporting, with opportunity to lead and mentor a small team.
• Analyze ALM risk exposures to determine trends and variances in exposures.
• Contribute to stress testing as part of enterprise-wide and thematic stress tests.
• Review and assess new product proposals from an ALM risk perspective, ensuring alignment with risk appetite, policies, and regulatory requirements.
• Engage with business units on risk appetite, strategies and positions.
• Represent ALM at committees to present topics including risk assessments and limit reviews.
• Review ALM risk limits, triggers, and utilization, including calibration and breaches remediation actions.
• Drive process enhancements and innovation to improve reporting, data quality, and insights via automation and dashboards.
• Conduct regular reviews of ALM methodologies, assumptions, and policies to ensure regulatory alignment.

Skills

ALM risk reporting

Stakeholder management

Excel proficiency

Analytics

Tools

Excel

Dashboarding

Automation

Job description

WHO WE ARE

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

Role Summary

This is a role within the Asset Liability Management team under the Group Risk Management division. You will have the opportunity to contribute to the management of the Bank’s balance sheet structure, interest rate and liquidity requirements, through the measurement, management and analysis of asset liability risks.

How You Succeed

To excel in this role, you should have the experience and solid understanding of concepts and regulatory standards involving asset liability risk. These could be in the areas of interest rate risk in the banking book (IRRBB) or structural foreign exchange (SFX) risk management. You should have a good control mindset, be comfortable working with handling data and systems, and have the ability to present risk and balance sheet information into clear, concise insights for senior management and committees. Strong analytical, communication, and presentation skills are essential.

What You Do

• Generation and review of ALM risk reports for management and regulatory reporting, with opportunity to lead and mentor a small team responsible for risk reporting and analytics
• Analyse ALM risk exposures to determine trends and the basis of variances in exposures
• Contribute to stress testing as part of enterprise-wide and thematic stress tests
• Review and assess new product proposals from an ALM risk perspective, ensuring alignment with risk appetite, policies, and regulatory requirements
• Engage with business units (e.g. corporate treasury, global markets, overseas risk and treasury units) on risk appetite, strategies and positions
• Represent ALM at various committees to present various topics including risk assessments, key developments and limit reviews
• Review ALM risk limits, triggers, and utilization, including the assessment of limit calibrations, breaches, and remediation actions
• Drive process enhancements and innovation initiatives to improve reporting efficiency, data quality, and management insights through automation, dashboarding, and the adoption of AI solutions
• Conduct regular reviews of ALM methodologies, assumptions, and policies to ensure alignment with regulatory expectations, industry developments, and best practices
• Participate in user testing of the ALM system as part of system enhancements and parameter updates

Who You Are

• At least 8 - 10 years of related experience in the reporting and management of IRRBB or SFX risk management, for e.g. related to repricing gap, PV01, NII and EVE
• Ability to synthesize risk and balance sheet information into clear and concise presentations for senior management and committees
• Strong stakeholder management and communication skills, with the ability to engage stakeholders across various functions
• Analytical, attentive to detail, and comfortable with handling data on Microsoft Excel and presenting results in tabular and chart format
• Coding, dashboarding and automation skills would be a plus

What we offer

Competitive base salary.

• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry-leading learning and professional development opportunities.

Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers. Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.