Market Risk Manager

2 weeks ago

Central Singapore QCP Full time

Established in 2017, QCP is one of the first digital asset trading firms in Singapore, with a vision to partner the next generation of investors to unlock institutional opportunities in digital assets.

QCP brings to clients deep expertise gained from thriving through multiple market cycles.

A global market maker in digital asset derivatives with a vast network of liquidity providers and counterparties, we are shaping the future of digital asset markets through greater access and efficiency.


We offer a range of tailored derivatives and spot trading as well as structured solutions to institutional, professional and accredited investors.

We also provide 24/7 liquidity across various markets in partnership with various exchanges and platforms.


QCP is headquartered in Singapore and is supported by a strong team of professionals in trading, business development, operations, risk and compliance teams.


Responsibilities


This role will join the risk team in developing and rolling out risk models and monitoring risk limits for both internal and regulatory use.

The team comprises of two Risk Analysts and a Risk Quant.

  • Assist Head of Risk to develop, document, prototype and test risk models for quantifying the firm's overall risk exposure on the market making books, as well as the various quantitative and discretionary prop books.
  • Rolling out and monitoring agreed market risk frameworks for the management of market risks
  • Ensure relevant risk measures, controls and processes are in place, and to run a daily monitoring and reporting process to stakeholders in an accurate and timely fashion.
  • Ensure that risk decisions are transparent and supporting rationales are explained in a professional courteous manner, especially when turning down proposals.
  • Responsible for regular or adhoc market risk activities reports / information / analysis to management.
  • Support new product approval process through market risk identification, risk measurement, limits setting and monitoring for breaches.
  • Assist Head of Risk in managing QCP's risk profile and managing regulatory relationships to ensure compliance with regulatory requirements and alignment with regulatory developments.
  • Reports to the Head of Risk.
  • Market Risk Management
  • Ensure that the existing market risk framework for the management of market risks is appropriately and consistently applied.
  • Ensure that market risks are properly assessed and that risk/return decisions are made transparently on the basis of this proper assessment, and risks are controlled in accordance with the risk appetite and thresholds.
  • Ensure that traded risk measurement methodologies are fitforpurpose, comprehensive and implemented with integrity.
  • Review, recommend, discuss, and analyse traded market risk data and other financial product information, pertaining to cryptocurrencies spot and derivative trading, with a view of formulating and developing strategies to reduce and mitigate risks.
  • Collaborate on the design and implementation of relevant stress tests and scenario analysis for the desks.
  • Understand the various positions taken the firm and perform a realtime monitoring of the VaR, CVaR, and stress tests for all trading desks.
  • Other Risks Arising from Crypto Market Changes
  • Identify and report material risks to the Head of Risk and challenge the businesses with evidence that the material risks arising from their business activities have been identified, assessed, monitored, and reported.
  • Create transparency and escalate in a timely manner to relevant stakeholders regarding the key exposures in the various blockchain layers.
  • Identify and escalate new and emerging risks that could be material to the business. Recommend relevant controls to manage these emerging risks to avoid big losses.
  • Monitor internal and external events material to the firm and ensure appropriate management action is being taken to mitigate their impact.
  • Monitor client accounts and positions for breaches of any terms or margins offered.

Requirements:

  • Experienced market risk manager with indepth knowledge and understanding of options and FX/interest rate derivative.
  • Basic coding experience in Python/R for prototyping risk models.
  • Deep interest in crypto and basic understanding of protocols/mechanisms in the various DeFi sectors including but not limited to option vaults, borrowing/lending, Automated Market Making, etc.
  • Understanding of the mechanics of the crypto derivatives market including the perpetual futures market, term futures market and options markets
  • Keen to learn more about the various cryptocurrencies and their idiosyncrasies.
  • Comfortable working in a startup culture with a flat structure and open working concept

Benefits
The Environment We Offer

As a growing firm with a tightly-knit team, we respect and listen to all our employees. You will get the chance to make an impact by having your voice heard by everyone, including the management

  • Market Risk Manager

    2 weeks ago

    Singapore Kerry Consulting Full time

    Description: VaR, stress testing, exposure Excellent team dynamics Coverage of physical and derivatives trading portfolioDescriptionThis is an established commodities group with an impressive portfolio of assets, along with an extensive trading presence in the region. Its LNG business division is looking to further strengthen its market risk management...

  • FRM - Stress Testing & Risk Data Management, Vice President

    2 weeks ago

    Singapore Risk & Insurance Management Society Inc Full time

    Firm Risk Management (FRM") FRM supports Morgan Stanley (the Firm") in achieving its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of financial risks, including credit, market, liquidity, and...

  • Market Risk Manager

    2 weeks ago

    Singapore TENTEN Partners Pte. Ltd. Full time

    My client is a young securities trading house offering both traditional products and digital assets looking for a dynamic individual to join their expanding team.Responsibilities: Monitor and assess market trends, pricing models, and trading activities. Develop and implement risk management strategies and policies. Conduct risk assessments, stress tests, and...

  • Business Development Manager

    2 weeks ago

    Singapore Risk Solutions Full time

    Why Work for UsIn LexisNexis Risk Solutions, Global companies and governmental entities rely on us to solve their most complex data challenges. Our employees collaborate to reduce risks and create opportunities for customers in more than 100 countries. We're adaptable, curious and ambitious. That's why here, you'll have the freedom to drive change, the trust...

  • Business Development Manager

    2 weeks ago

    Singapore Risk Solutions Full time

    Are you an experienced consultative sales professional who loves selling to the banking and financial services industry?Are you motivated to achieve targets and goals?About the Role Achieve revenue targets through new business attainment and support upsell opportunities in partnership with generalist team Establishes relationships with key seniorlevel...

  • Market and Liquidity Risk Manager

    4 weeks ago

    Singapore GREEN LINK DIGITAL BANK PTE. LTD. Full time

    Roles & ResponsibilitiesAbout UsGreen Link Digital Bank is Singapore's inaugural wholesale digital bank focusing on supply chain finance, mainly serving MSMEs and aiming to help MSMEs grow and improve digitization.This role is to cover the entire process of managing market and liquidity risk within the enterprise risk team. A key responsibility is to...

  • Market and Liquidity Risk Manager

    1 month ago

    Singapore GREEN LINK DIGITAL BANK PTE. LTD. Full time

    Roles & ResponsibilitiesAbout UsGreen Link Digital Bank is Singapore's inaugural wholesale digital bank focusing on supply chain finance, mainly serving MSMEs and aiming to help MSMEs grow and improve digitization.This role is to cover the entire process of managing market and liquidity risk within the enterprise risk team. A key responsibility is to...

  • Market and Liquidity Risk Manager

    2 weeks ago

    Singapore GREEN LINK DIGITAL BANK PTE. LTD. Full time

    Roles & ResponsibilitiesAbout UsGreen Link Digital Bank is a leading wholesale digital bank in Singapore, dedicated to providing supply chain finance solutions to MSMEs. The bank focuses on fostering growth and enhancing digitization for MSMEs.This position involves overseeing the management of market and liquidity risk within the enterprise risk team. One...

  • Risk Manager/ Senior

    4 weeks ago

    Singapore The Edge Partnership Full time

      Key Responsibilities: Risk Analysis and Mitigation: Implement and oversee the measurement, monitoring, and management of credit and counterparty risks for selected product lines. Analyze risk reports, develop mitigation strategies, and actively participate in risk assessment and trading strategy meetings. Reporting and Compliance: Regularly review and...

  • Assistant Manager, Market Risk

    1 month ago

    Singapore SUMITOMO MITSUI BANKING CORPORATION SINGAPORE BRANCH Full time

    Roles & ResponsibilitiesJob ResponsibilitiesPrimary duties: to manage reporting accuracy and control across APAC Learn to use/operate various in-house systems to support daily market evaluation Responsible for timely generation and processing of all risk management related reports- daily, monthly, quarterly, annual accurately. Work closely with internal...

  • Market Risk Management Executive

    2 months ago

    Singapore CHINA OFFSHORE OIL (SINGAPORE) INTERNATIONAL PTE LTD Full time

    Roles & ResponsibilitiesJob Description: Analyse P&L of paper deals and match physical and paper deals according to hedging strategies Verify daily statements of banks and calculate margin call Conduct scenario analysis/stress testing and VaR calculations Assess portfolio positions and prepare timely report and commentaries Maintain active...

  • Senior Engagement Manager

    2 weeks ago

    Singapore Risk Solutions Full time

    About the roleAs a Senior Engagement Manager, you'll work on an ongoing basis with our largest customers to drive the utilization of the LexisNexis Digital Identity Network to create positive business outcomes.You'll pair with Strategic Account Managers to identify and explore opportunities to leverage LexisNexis Risk Solutions data and services to protect...

  • Market Risk Analyst

    2 weeks ago

    Singapore ONYX SG PTE. LTD. Full time

    MARKET RISK ANALYSTOur client, a Chinese petrochemical company engaged in the production and distribution of various petroleum and chemical products with more than 3 billion (USD) in operating revenue is currently seeking for a Market Risk Analyst due to expansion.Reporting to the Risk Manager, the Market Risk Analyst will be responsible for the overall...

  • Market Risk

    2 weeks ago

    Singapore THREE FINS PTE. LTD. Full time

    About UsBitMEX stands as a globally leading exchange for crypto derivatives, offering traders a professional-grade trading platform. Since its inception in 2014, BitMEX has maintained an impeccable security record with "no coin lost, ever".Our platform caters to cryptocurrency derivatives traders by providing low latency, deep liquidity, and maximum...

  • AVP, Market Risk

    1 month ago

    Singapore SUMITOMO MITSUI BANKING CORPORATION SINGAPORE BRANCH Full time

    Roles & ResponsibilitiesResponsibilities: To support review of market risk policies & procedures of APAC offices To review requests from APAC treasury departments to change market risk limits To support Head Office in implementation of market risk requirements such as FRTB and IRRBB To support review of new product applications in APAC Offices To...

  • Avp, Market Risk

    2 weeks ago

    Singapore Sumitomo Mitsui Banking Corporation Full time

    Sumitomo Mitsui Banking Corporation SingaporePosted 3 hours ago Permanent CompetitiveManage risk controls- monitor compliance to market and liquidity risk management requirements and limits.- review and validate market data of treasury products- perform surveillances and checks on transactions, trade activities based on established procedures- consolidate...

  • Market Risk Analyst

    2 weeks ago

    Singapore ENERFO PTE. LTD. Full time

    Market Risk AnalystThis role will conduct day to day market risk monitoring in Enerfo business activities to analyze and report market risk that impacts organization capital and earnings. The Market Risk Analyst would have to work closely with stakeholders in various countries. There are opportunities to gain exposures to other risk disciplines.Main...

  • Market Risk Analyst

    4 weeks ago

    SINGAPORE ENGIE Full time

    Market Risk Officer (Global Risk Analytics) About US (GEMS):ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE's assets and contributing to value creation. ENGIE is a global reference in low-carbon energy and services...

  • Market Risk Analyst

    2 months ago

    SINGAPORE ENGIE Full time

    Market Risk Officer (Global Risk Analytics) About US (GEMS):ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE's assets and contributing to value creation. ENGIE is a global reference in low-carbon energy and services...

  • Market Risk Analyst

    2 weeks ago

    Singapore ONYX SG PTE. LTD. Full time

    Our Client is an Oil & Gas Trading MNC located in the CBD area, currently seeks a Market Risk Analyst to join their teamReporting to the Risk Manager, the incumbent will be working in a team of 10 staffs. He / She will be responsible in market analysis and market risk management which includes preparing periodic market update, analyse and compile prices, P&L...