Job Description

OUR CLIENT

Mid-sized Bank

LOCATION

Central

HIGHLIGHTS

Nurturing and cohesive environment Excellent benefits including extensive medical and insurance coverage 3 mins walk from MRT Station with several affordable F&B and retail shops in vicinity

Responsibilities:

1. Market Risk Management

Monitor and analyze

market risk exposures (interest rate, FX, equity, commodity risks).

Assess risk metrics

such as Value-at-Risk (VaR), stress testing, sensitivity analysis, and back-testing.

Develop and enhance

market risk models in compliance with MAS guidelines.

Set and monitor risk limits

across trading and banking books, escalate breaches. Work closely with trading desks to understand risk drivers and P&L fluctuations. Ensure alignment with Basel III / IV and FRTB (Fundamental Review of the Trading Book) requirements.

2. Liquidity Risk Management

Monitor liquidity positions

, including LCR (Liquidity Coverage Ratio) and NSFR (Net Stable Funding Ratio).

Evaluate daily cash flow projections

, funding gaps, and maturity mismatch. Participate in

contingency funding planning

, stress scenarios, and recovery planning. Collaborate with Treasury to assess and manage funding needs and strategies. Ensure compliance with MAS 649 (Liquidity Risk Management Requirements).

3. Regulatory Compliance & Reporting

Ensure all market and liquidity risk activities comply with

MAS regulations

. Prepare and review

regulatory submissions

, including MAS 610/1003, MAS 649, etc. Liaise with auditors, regulators (MAS), and internal compliance teams during audits or reviews.

4. Risk Governance & Framework Enhancement

Support the development and maintenance of

risk management frameworks

, policies, and procedures. Contribute to risk governance forums (e.g., ALCO, risk committees). Engage in model validation, policy updates, and risk appetite statement reviews.

5. Systems and Analytics

Use risk systems like

Murex, Bloomberg, QRM, or RiskWatch

for risk monitoring and reporting. Work with technology teams to automate processes and improve data quality and analytics. Understand data lineage and ensure data integrity for risk reporting.

6. Cross-Functional Collaboration

Partner with Front Office, Finance, Treasury, Compliance, and IT to align risk management efforts. Provide risk input on

new product approvals (NPAs)

or business initiatives. Participate in projects like

digital transformation

, sustainability risk integration (ESG), and stress testing exercises.

Qualification:

Degree in Finance, Economics, Mathematics, or related fields. Professional certifications (e.g., FRM, CFA, PRM) are highly valued. 6-10 years' experience in market or liquidity risk, preferably in a regional/international bank. Strong knowledge of MAS regulations and global risk standards (Basel, IFRS, etc.). Proficiency in Excel, VBA, SQL; Python or R is a plus for data analysis. Strong communication skills for risk reporting and stakeholder management.






We regret to inform you that only shortlisted applicants will be contacted.





Canice Sar





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