AVP / Senior Associate, Specialist, Market & Liquidity Risk, Risk Management Group
Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.
Traded Credit Risk Methods (TCRM) is responsible for establishing and maintaining a robust measurement and reporting process for Counterparty Credit Risk measurement of traded products for internal credit risk, customer credit risk and regulatory credit risk. The scope covers credit exposure from traded products arising from Investment Bank, Private and Consumer businesses within DBS. This role is to assist the department in carrying out analysis of traded products and related counterparty risk computation that are used to calculate Credit RWA/ROAE including XVAs.
Developing and implementing risk infrastructure related to Traded Credit Risk Methods for all products in relevant bank-wide systems, and maintaining robust data control and reporting processes. Staying updated on changing regulatory / industry/market and counterparty concentration landscape to develop and implement functional CCR and Traded Risk measurement including XVAs. Work with other teams in RMG - MLR, RMG - Credit, RMG - READ, Finance, ITT and T&M for process integration and knowledge sharing. Responsibilities
To work with the TCRM and other teams to deliver on the Key Accountabilities above. Supporting superiors in RMG - Market & Liquidity Risk and the CRO in discharging his functions to the Board.
Building and maintaining good working relationships with peers, primarily:
Other team leaders in RMG - MLR RMG - Credit RMG - READ Treasury ITT Finance Audit
and external parties:
Regulators System Vendors Requirements
Bachelor's/Master's degree in quantitative field with strong programming skills Experience in Murex, MLC and/or other equivalent system for pricing/counterparty level attributes. Expertise in Python/Java/C#/C++, BI tools & technology to develop a functional and scalable infrastructure that sustains in depth analysis and overall management reporting. Knowledge of financial traded market products including structured products in terms of pricing/risk of the product/market and related exposure impact for the counterparty/XVAs. Ability to understand concerns of, and respond to various stakeholders i.e. Front Office Desk/Traders, TCRM, MLR, Finance, T&M Ops, RMG - READ, BMS, Audit etc. Working experience ideally in an area covering traded products and/or counterparty risk and infrastructure. Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.