Job Description

About the role

At ANZ our purpose is to shape a world where people and communities thrive. We\'re making this happen by improving the sustainability and financial wellbeing of our customers - whether they\'re buying a home, building a business or saving for things big or small

The Senior Manager, Traded Market Risk is critical to making this happen and will have market risk oversight of the commodities asset class and will manage risk across Energy (including Emissions), Agriculture, and Precious Metals.

This role will assist the Deputy Head of Traded Market Risk in complying with the regulatory obligations for APS116. The role in global in coverage as it covers traders operating out of Australia, Hong Kong, China, Singapore and London

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This role is accountable for:

• Monitoring of the traded market risks under the Commodities business line ensuring all material market risks are identified, measured and managed including VaR, Stress testing, Limit management and accurate and timely attribution of financial performance
• Understand limitations of models and risk metrics, controls and any compensating controls required
• On-going enhancement of the stress testing framework for Global risks and pockets of risks affecting individual regions Highlighting pockets of risk to senior management
• Proactive rate source identification and maintenance
• Mitigate unexpected traded market risk losses from the Commodities trading business globally, across the existing product lines including Energy, Agriculture and Precious Metals
• Assist with limit framework development and management for market risks associated with the Commodities trading business.
• Ensure market risk capital is accurate and efficient -optimize Market Risk capital and pro-actively forecast changes
• Ensure all policies and limits are effective, including considering benchmark controls and oversight, while supporting revenue generation
• Support any local regulatory and audit (including conduct risk) matters and ensure they are well managed in a timely manner
• Support a strong risk culture where risk appetite and business strategy are aligned
• Understanding of the current and future regulatory requirements, including any changes to Benchmark methodologies within the region
• Compliance training completed on time
• Call out any issues observed in areas which may not be part of direct responsibility such as operational and compliance risks
• Improve / automate Market Risk processes according to best practices in the industry
• Assist in the development of new products, such as voluntary carbon trading, where ANZ aspires to be a market leader.

Location: Singapore

Role Type: Permanent, Full Time

What will you bring?

To grow and be successful in this role, you will ideally bring the following:

Graduate degree in a quantitative discipline (e.g. Maths, Science, Engineering, Quant Finance), together with strong business acumen, a commercial approach and experience in understanding & identifying risk.

Extensive experience in markets risk management or commodities exposure (front or middle office).

Banking experience, in particular in Markets or Markets Risk, preferred.

Strong analytical and problem-solving skills and ability to adapt to rapidly changing environment.

Solid understanding the of the Commodities products, trading activities, economic fundamentals of factors that could impact market prices etc.

Sound technical knowledge of market risks across linear and non linear products. Highly numerate.

Good stakeholder management skills in dealing with front office, Finance etc.

Strong written and verbal communication skills; Ability to work as part of a Global team

Knowledge and awareness of regulatory change impacting market risk

Ability to communicate effectively and manage regulatory & audit requirements

You\'re not expected to have 100% of these skills. At ANZ a growth mindset is at the heart of our culture, so if you have most of these things in your toolbox, we\'d love to hear from you.

So, why join us?

There\'s something special about being part of ANZ. From the moment you join us, you\'re part of a team working towards a common goal: improving the financial wellbeing and sustainability of our millions of customers.

But it\'s not just our customers who will feel your impact. You\'ll feel it too. Because at ANZ, you\'ll have the resources and community you need to take the next big step in your career, towards even bigger things in the future.

We offer a range of benefits tailored to the countries in which we operate including Health and Wellbeing programs and flexible working arrangements. That\'s just one the reasons\' we were voted one of Singapore\'s top employers for 2023 by The Straits Times

You\'ll also enjoy working in a diverse and inclusive workplace where the different backgrounds, perspectives and life experiences of our people are celebrated. We encourage you to talk to us about any adjustments you may require to our recruitment process or the role itself. If you are a candidate with a disability, let us know how we can provide you with additional support.

To find out more about working at ANZ or to view other opportunities visit You may apply for this role by visiting ANZ Careers and searching for reference number 41958

Job Posting End Date

22/06/2023, 11.59pm, (Melbourne Australia)

ANZ