Market Risk Specialist, Collateral Management Expert

1 month ago


Singapore Bank of Singapore Full time
Job Summary

At Bank of Singapore, we are committed to excellence in risk management. We are seeking a highly skilled Market Risk Specialist to join our Collateral Risk Management Team. The successful candidate will be responsible for managing market risks arising from collateral received in connection with client borrowing and derivative trading activities.

Key Responsibilities
  • Develop and implement quantitative models and qualitative assessment frameworks for measuring and mitigating market risk in collateralized lending and margin trading.
  • Perform data analysis, exposure quantification, risk factor mapping, scenario, sensitivity, and stress analysis studies.
  • Contribute to the design specification, logic derivation, and results verification exercises for market risk functionalities implemented in the bank's internal and external digital systems.
  • Conduct periodic review of relevant limits and controls, and document mitigation actions in adherence with the bank's internal policy, procedures, and guidelines.
  • Support new products and businesses development, evaluating and formulating viable approaches to widen business coverage and product scope while ensuring risk appetite under control.

Requirements

  • University degree in a quantitative discipline (e.g. Mathematics, Statistics, Financial Engineering etc.).
  • Professional qualification such as CFA, FRM, MFE, CQF etc is desirable.
  • 7 years or above relevant experience in market risk.
  • Advanced knowledge of key products of capital markets, understand the main risk drivers and factors, familiar with valuation of financial instruments and derivatives.
  • Advance data analysis skills, programming in Python, SQL is expected.
  • Analytical and independent thinker with good written and verbal communication skills, especially in explaining complex technical subjects in a simple/pragmatic manner to business and senior management.
  • Strong curiosity of the field, proactively seeking opportunity of learning and progress.
  • Strong team player with good communication, interpersonal, and organizational skills.


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