Director, Asset and Liability Management

2 weeks ago


Singapore HSBC Full time
Job description

Some careers grow faster than others.

If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Life in Singapore is the combination of AXA Singapore and HSBC Insurance. Here you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank

Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as a Director, Asset and Liability Management (ALM).

Principal Responsibilities
  • Lead ALM hedging Strategy through derivatives & hedging methodology
  • Lead tactical capital optimisation & methodology
  • Oversee the quantitative assessment of Strategic Asset Allocation (SAA) and Tactical Hedging Strategy, taking into account asset & liability matching (including asset liability duration gap) and risk & return optimization
  • Manage projects and coordinate teams in the implementation of ALM initiatives, management information (MI), capital optimisation and strategic projects
  • Support and develop ALM optimization under IFRS17 framework
  • Contribute to and evaluate new product development and new investment initiatives from local statutory solvency, IFRS17 CSM, Economic Capital and ALM point of view
  • Support group insurance ALM and local ALM teams in developing & refining ALM model and strengthening ALM and hedging capability at Group and local entities.
  • Perform cashflow projection and stress test to better understand liquidity risk of different investment initiatives on the balance sheet
  • Oversee the model governance required by Group Model Risk policy
Requirements
  • 10+ years experience in life insurance companies or consultancy firms
  • Qualified actuary
  • A clear communicator to engage with senior stakeholders across the business
  • Knowledge of IFRS17 reporting, CROSS II, Singapore or Hong Kong local regulatory solvency requirement
  • Experience in derivatives hedging and investment
  • Good understanding of Asia participating and universal life products
  • Prior ALM experience and familiar with SunGuard Asset Liabilities Stochastic (ALS) model
  • Ability to drive projects through providing appropriate project framework, clarity on content and deliverables and effectively engaging and managing stakeholders.
  • Strong influencing and communication skills and an ability to work with international and virtual teams
  • Strong quantitative and analytical skills; including ability to "think outside the box"
  • Fluent in English
  • Team player
You’ll achieve more when you join HSBC.

www.hsbc.com/careers

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.



  • Singapore Bank of China Limited, Singapore Branch Full time

    Responsibilities: To conduct in-depth analysis on the Bank’s assets and liabilities and Net Interest Margin, and monitor market conditions for close integration with the Bank’s strategy and risk appetite. To formulate development strategies on the Bank’s assets and liabilities and facilitate efficient implementation of the management policies. To...


  • Singapore Bank of China Limited, Singapore Branch Full time

    Responsibilities: To conduct in-depth analysis on the Bank’s assets and liabilities and Net Interest Margin, and monitor market conditions for close integration with the Bank’s strategy and risk appetite. To formulate development strategies on the Bank’s assets and liabilities and facilitate efficient implementation of the management...


  • Singapore BANK OF CHINA LIMITED Full time

    Roles & ResponsibilitiesResponsibilities: To conduct in-depth analysis on the Bank’s assets and liabilities and Net Interest Margin, and monitor market conditions for close integration with the Bank’s strategy and risk appetite. To formulate development strategies on the Bank’s assets and liabilities and facilitate efficient...

  • Investment Officer

    4 weeks ago


    Singapore AIA Singapore Private Limited Full time

    About the RoleThe position is primarily responsible for supporting the implementation of Chief Investment Officer's target operating model, which includes asset and liability management through company-wide Strategic Asset Allocation and Tactical Asset Allocation process. This role is expected to transform the Business Unit Investment (Asset Owner)...


  • Singapore OCBC Bank Full time

    We are seeking a highly motivated and detail-oriented Quantitative Analyst Intern to join our Asset Liability Management team at OCBC Bank in Singapore. As an intern, you will be responsible for analyzing and managing complex financial data to support our business objectives.Key Responsibilities:Analyze and develop financial models to optimize portfolio...


  • Singapore AIA Singapore Private Limited Full time

    At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone. It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial...


  • Singapore BNP Paribas Asset Management Full time

    Job SummaryWe are seeking a highly motivated and experienced Asset Management Professional to join our team at BNP Paribas Asset Management. The successful candidate will be responsible for building and maintaining relationships with institutional clients in South Asia and South East Asia, with a focus on generating new business and supporting overall...


  • Singapore BNP Paribas Asset Management Full time

    Job Title: Asset Management ProfessionalBNP Paribas Asset Management is seeking a highly skilled Asset Management Professional to join our team. The successful candidate will be responsible for developing and implementing sales plans and strategies for the Wholesale Distribution segment in Singapore and Thailand.Key Responsibilities:Develop and implement...


  • Singapore BNP Paribas Asset Management Full time

    About the RoleWe are seeking a seasoned Asset Management Professional to join our team at BNP Paribas Asset Management. The ideal candidate will have a proven track record in institutional sales and client relationship management in South Asia/South East Asia.Key Responsibilities:Work closely with our business development and client management teams to drive...


  • Singapore BNP Paribas Asset Management Full time

    Job OverviewWe are seeking an experienced Asset Development Manager to join our team at BNP Paribas Asset Management.Salary and BenefitsThe successful candidate can expect a competitive salary of $120,000 - $180,000 per annum, plus benefits including health insurance, retirement plan, and paid time off.Job DescriptionIn this role, you will be responsible for...


  • Singapore BNP Paribas Asset Management Full time

    Join BNP Paribas Asset Management as a key player in our institutional sales team. As a Business Development Manager, you will work closely with our business development and client management teams to drive new business growth and support overall business activities. Your primary focus will be on building relationships with institutional clients, including...


  • Singapore BNP Paribas Asset Management Full time

    ROLE DESCRIPTION AND PURPOSEDevelop and generate revenues with top-tier global and regional Private Banks in Asia, driving business growth and expansion.Develop sales and generate new revenues with top-tier Private Banks in the regionServicing and growing assets with existing clientsAchieving assigned sales targetsCultivating and growing client relationships...


  • Singapore BNP Paribas Asset Management Full time

    ROLE DESCRIPTION AND PURPOSEDevelop and grow business relationships with top-tier global and regional Private Banks in Asia, driving revenue growth through:Developing sales strategies and generating new revenues with top-tier Private Banks in the regionServicing and growing assets with existing clientsAchieving assigned sales targetsCultivating and growing...


  • Singapore Haitong Int'l Securities Group (Singapore) Pte Ltd Full time

    Job Title: Asset Management DirectorAt Haitong Int'l Securities Group (Singapore) Pte Ltd, we are seeking a highly skilled Asset Management Director to join our team. As a key member of our asset management business, you will be responsible for managing the design and delivery of various fund product initiatives under agreed timescales and budgets.Key...


  • Singapore JPMORGAN ASSET MANAGEMENT (SINGAPORE) LIMITED Full time

    Roles & ResponsibilitiesJPMORGAN ASSET MANAGEMENT (SINGAPORE) LIMITED is seeking a highly skilled Alternatives Investment Specialist to join our team. The successful candidate will specialize in Hedge Funds and Private Credit Solutions, with a focus on building strong relationships with institutional clients and investment consultants across APAC and Middle...


  • Singapore KB ASSET MANAGEMENT SINGAPORE PTE. LTD. Full time

    Job SummaryWe are seeking a highly motivated Fund Administration Executive to join our team at KB Asset Management Singapore PTE. LTD.About the RoleThe successful candidate will be responsible for managing daily fund operations, including accounting, reporting, investment transaction processing, and trade reconciliation.They will ensure compliance with...

  • Asset Management

    1 month ago


    Singapore BNP Paribas Asset Management Full time

    JOB CONTENT ROLE DESCRIPTION AND PURPOSE Direct and control the compliance activities of the BNPPAM Singapore business to ensure adherence to local regulatory requirements and global BNPPAM compliance standards. To represent Compliance function in the local management committees of BNPPAM Singapore. KEY RESPONSIBILITIES Seek to ensure that the local...

  • Marketing Director

    4 weeks ago


    Singapore PERSOLKelly China Full time

    Job Title: Marketing DirectorWe are seeking a highly experienced Marketing Director to join our team at PERSOLKelly China. As a key member of our marketing team, you will be responsible for developing and executing marketing strategies to drive business growth and increase brand awareness in the APAC region.Key Responsibilities:Develop and implement...


  • Singapore GOLDMAN SACHS ASSET MANAGEMENT Full time

    The Fixed Income team and Liquidity team manages over $1.6 trillion for institutions, high net worth individuals and mutual fund investors. Our global investment process is coordinated across geographic regions with representation in New York, London, Tokyo, Singapore, Sydney and China. Diversity is at the core of our ability to serve our clients and we...

  • Asset Management

    1 month ago


    Singapore BNP Paribas Asset Management Full time

    JOB CONTENT ROLE DESCRIPTION AND PURPOSE Work closely with the business development and client management teams to help BNPP AM generate new business and lend support to overall business activities. KEY RESPONSIBILITIES To work together with Regional and Singapore CRM to build our regional institutional business in the region covering Pensions,...