Risk Management Specialist
2 days ago
The Monetary Authority Of Singapore is seeking a highly skilled Risk Management Specialist to support the supervision of financial institutions' trading activities and management of attendant risks.
This role presents an exciting opportunity to join a dynamic team in charge of evaluating banks' front office controls, risk management, and valuation processes and methodologies. As a Risk Management Specialist, you will be responsible for:
Key Responsibilities
• Evaluating banks' front office controls, risk management, and valuation processes and methodologies, as well as their valuation, market, and counterparty risk models.
• Identifying system-wide risks in the banking sector by analysing regulatory risk returns and developing risk indicators using supervisory and publicly available data.
• Researching into new risk management techniques and frameworks in response to market developments;
• Providing consultation in the areas of risk analytics, risk modelling, and valuation practices to other departments within MAS.
Requirements
• At least 1 year of experience in front office or market risk management with a financial institution.
• Strong interest in developments in the financial markets.
• Good knowledge of financial products and their related financial risks.
• Proficient in the use of analytical tools/software.
• Inquisitive, analytical, quantitative, and has an eye for detail.
• Ability to communicate technical knowledge well, both spoken and in writing.
• Relevant certification in Quantitative Finance or professional qualifications like CFA, PRM, or FRM will be advantageous.
What We Offer
• A competitive salary ranging from SGD $120,000 to SGD $180,000 per annum, depending on experience.
• A comprehensive benefits package including medical, dental, and optical coverage, as well as life insurance and retirement plans.
About Us
The Monetary Authority Of Singapore is the central bank and financial regulator of Singapore. We are responsible for promoting financial stability and ensuring the integrity of the financial system.
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