Morgan McKinley is working in partnership with a Multinational Corporate Bank who are well known for their Corporate Lending and Financial Markets business in the APAC region.
The Singapore team is looking to hire an Associate to join their Market Risk department. Reporting to the Team Head, you will be be part of a team covering the non-linear products, specifically within the structured rates and credit space, providing expertise to monitor and analyze P&L and market risk exposure on a day-to-day basis.
Role and responsibilities
Ensure timely delivery of accurate daily P&L, VaR and Risk report
Perform P&L attribution and Risk analysis independently
Ensure excesses are rectified/explained or escalated
Backtest the VaR and highlight/explain outliers
Review accurate booking of trades & Notes according to one-off approval conditions to enable efficient risk management and balance sheet valuation
Keep track of market developments/changes and its impact on trading strategy highlighting changes and issues to local management as well as direct discussion with Front Office personnel
Ensure suitable escalations of system issues in cooperation with other teams and FO staff
Ensure Front Office to General Ledger reconciliation is reviewed (Balance Sheet position and P&L)
Preparation of monthly risk meeting for Risk and P&L discussions among Front Office, MRM and Finance
Perform reserves calculations and independent price testing and review global booking for accuracy and completeness
Key requirements
Bachelor/Master's degree in Mathematics, Financial Engineering or another related field
3-5 years of experience in Market Risk and Quant analytics of Non-linear products
Strong analytical skills and good communication skills
Relevant experience across product control / middle office experience would be considered
Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as notification that you have not been shortlisted.
Morgan McKinley Pte Ltd, EA License No: 11C5502
Lee Boon Hou (Hagen), Registration No: R1870932
hlee@morganmckinley.com
Beware of fraud agents! do not pay money to get a job
MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.