AVP, Market Risk Management, Group Risk Management AVP, Market Risk Management, Group Risk Management …

OCBC Bank
in Singapore
Permanent, Full time
Be the first to apply
Competitive
OCBC Bank
in Singapore
Permanent, Full time
Be the first to apply
Competitive
OCBC Bank
AVP, Market Risk Management, Group Risk Management
OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world's most highly-rated banks, with an Aa1 rating from Moody's. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World's Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

Division Description
Group Risk Management (GRM) is an independent function responsible for ensuring that risk management practices at OCBC Bank are effective and comprehensive.
GRM builds and drives the Bank's businesses through an integrated risk management approach relying on strong risk analytics to support strategic business decision-making and to create a competitive edge for the Group.

Team Description
The Risk Control & Analysis team (MRM-RCA) within Market Risk Management (MRM) is tasked with ensuring that that all market risks arising from the trading and asset liability management activities of Global Treasury are properly identified, measured, monitored, analyzed and where necessary, escalated in an appropriate and timely manner. The role of MRM-RCA also spans stress testing and back testing Treasury's portfolios in order to aid risk discovery and understand the performance of the bank's Value-At-Risk (VaR) model.

Role Overview:
The candidate should have experience in backtesting analysis, maintenance of historical market data and well versed with market risk sensitivities of Treasury derivatives products. As part of the role, he/she is expected to:
  • Support market risk sensitivities reconciliation against counterparty for Standard Initial Margin Model (SIMM) differences
  • Responsible for SIMM backtesting analysis, reporting and maintenance of required historical market data
  • Participate in SIMM related enhancement, projects and new products
  • Engage subsidiaries on their market risk exposure and support them on any market risk aspects
  • Develop, display and disseminate a thorough understanding of risk exposures and market changes that impact various risks of the portfolio
  • Work with the various sub-team leads to improve existing processes to enhance efficiencies and robustness
  • Assist the team on management of policies and procedures


Qualifications
The ideal Candidate will meet the following requirements:

  • Able to work independently with minimal supervision and to liaise with key internal and external stakeholders
  • Ability to multi-task and is resourceful and self-initiated
  • Meticulous, discreet and possess good interpersonal skills
  • Knowledge on Market Risk Management : Understanding of market risk metrics, reporting and processes

At OCBC, we recognise your drive, passion and talent. We will bring out the best in you and empower you to excel. Fulfil your life goals and career ambitions with us.

*We regret that only shortlisted Candidates will be notified.
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