Market Risk Management - VP / AVP
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.
- Review and prepare Liquidity & IRRBB risk reports, including regulatory reporting (e.g., LCR and NSFR), as well as ad-hoc reports for internal stakeholders (such as Global Market, Corporate Treasury, Business Units and/or Group Audit), Regulators, and Risk Committees.
- Drive engagement with internal and external stakeholders on ALM-related matters.
- Review and calibrate ALM risk limits/triggers .
- Monitor risk limits, investigate variances, and timely escalation of breaches in accordance with market risk and liquidity risk governance
- Perform data analysis to troubleshoot issues and support the resolution of data issues.
- Streamline methodologies and implement key risk measurements and assumptions to align with regulator and Group practices.
- Implement ALCO or ALCO sub-committee decisions related to asset and liability risks, stress-testing requirements, identify and enhancement of key risk measurements and assumptions.
- Participate in ALM system-related project, User Acceptance Testing (UAT), model reviews, and/or implementation of new reporting or enhancement to regulatory and internal reporting processes.
- Participate in market risk related matters or issues on risk measurement from internal and external that may arise from time to time.
- Identify process gaps, strengthen governance and controls, and gaps/weaknesses in risk processes, initiate development/refinement of risk information and facilitate resolution of any governance, controls, audit & regulatory issues.
- Maintain and review ALM-related policies & guidelines with reference to regulatory guidelines and/or Group Bank’s internal assumptions for OABB besides ensuring processes streamlining with OBMB entity.
- Performing ALM risk assessment of new products and system configuration prior to product rollout (raised under the Bank’s New Product Approval Process) on Liquidity Risk and IRRBB
- Able to execute development/refinement of risk information, data mining tools & risk analysis for assessment at granular levels.
- To coordinate and work with Corporate Treasury and Global Market on the Bank’s structural
Requirements
- Meticulous, versatile and process good interpersonal skills.
- Independent, fast learner, performance driven
- Good written and verbal communication skills.
- Committed to work assign and a team player.
- Ability to execute / implement initiatives set by section head.
- Willingness to share and work well with others to build a constructive and supportive working environment within the department.
- Proficient with MS Excel, power point and etc.
- Experience in ALM system (RCO) and ALM models will be a strong 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.