Risk Management Specialist
1 week ago
As a key member of the Tangspac team, the Risk Management Specialist will play a critical role in ensuring the effective management of risks across the organization. This includes Counterparty Risk, Operational Risk, Market Risk, and Credit Risk, with a focus on Counterparty Risk Management and Enterprise Risk Management.
Key Responsibilities:
Develop and maintain an appropriate and effective Risk Management Framework for the local entity, promoting a sound risk management culture.
Collaborate closely with the Risk Management Department in Hong Kong to ensure the Singapore entity's risks are managed effectively in a holistic manner.
Counterparty Risk:
Liaise with Business Unit and Legal on negotiation of OTC derivatives documentation.
Participate in the analysis of Counterparty Risk, Concentration Risk, and Sensitivity Risk.
Monitor and manage risk exposures at a counterparty, product, and portfolio level.
Participate in collateral management tasks.
Operational Risk:
Ensure the Singapore entity's adherence to relevant Policies and Standards with proper risk governance, and timely identify, escalate, and manage operational risk events.
Market Risk and Credit Risk:
Ensure proper oversight and management of the entity's Market and Credit risk by leveraging the expertise and resources of the Market Risk and Credit Risk teams in Hong Kong, and ensure compliance with local regulations.
Responsible for ad-hoc risk projects for the entity.
Qualifications:
Bachelor's degree or above, majoring in Risk Management, Accounting, Finance, Business Administration, or related disciplines. Holder of FRM or CFA is preferred.
7 years of experience in Risk Management, with experience in Counterparty Risk Management in a trading setting. Experience in other risk disciplines such as Operational Risk Management and/or Market Risk will be a great plus.
Able to work independently and communicate with stakeholders such as business teams, Legal/Compliance, Finance/Treasury, and head office.
In-depth knowledge of Global Markets products, such as Securities, Fixed Income, Listed & OTC Derivatives, and Structured Products.
Strong problem-solving, analytical, and communication skills.
Strong business awareness and understanding of OTC Derivatives trade lifecycle and message workflow.
Good command of spoken and written English and Chinese (Mandarin).
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