Financial Risk Manager

1 week ago

Singapore ABAXX SINGAPORE PTE. LTD. Full time
We are seeking a highly skilled and experienced Financial Risk Manager to join our team at Abaxx Exchange and Clearinghouse. The ideal candidate will be responsible for identifying, analyzing, and mitigating financial risks associated with commodity trading activities. This role requires a deep understanding of financial markets, risk management practices, and commodity trading operations. He/she will also be guiding and mentoring a small team of analysts, ensuring high-quality risk analysis and reporting. The role will play a critical role in ensuring the stability and profitability of our trading activities by implementing effective risk management strategies.
Key Responsibilities
Risk Identification, Assessment and Monitoring
  • Identify and assess financial risks (market, credit, liquidity, operational).
    • Conduct risk assessments for new and existing products.
    • Develop and maintain risk assessment models.
    • Monitor daily trading activities for compliance with risk limits.
    • Prepare risk reports for senior management.
    • Assess counterparty credit risk and maintain internal rating models.

Product Analytics and Market Analysis
  • Analyze trading products' performance and risk characteristics.
  • Conduct market analysis to track trends and price movements.
  • Develop analytical reports and dashboards for KPIs and risk metrics.
  • Provide insights for strategic decision-making.

Risk Mitigation and Management
  • Develop risk mitigation strategies and action plans.
  • Collaborate with trading, operations, and compliance teams.
  • Manage counterparty exposure, set credit limits, and require collateral.

Stress Testing, Scenario Analysis, Backtesting and Margin Breach Investigation
  • Conduct stress tests and scenario analyses to evaluate market impact.
  • Adjust risk limits and strategies based on analysis results.
  • Perform backtesting of risk models and validate methodologies.
  • Investigate margin breaches, determine root causes, and implement corrective actions.

Margin and Guaranty Fund Management
  • Determine and adjust margin rates for commodities.
  • Ensure margin adequacy during physical delivery.
  • Calculate and manage the guaranty fund size and contributions from clearing members.

Regulatory Compliance
  • Ensure compliance with relevant regulatory requirements.
  • Stay updated on regulatory changes and impacts.

Participation in New Product Development
  • Collaborate on new product development, providing risk management input.
  • Ensure compliance with risk policies and regulations.

People Management and Team Development
  • Provide guidance and mentorship to a small team of analysts.
  • Review and ensure the quality of their risk analysis, reports, and models.
  • Support professional development through coaching and feedback

Continuous Improvement
  • Review and enhance risk management policies and systems.
  • Identify ways to improve risk processes and tools.

Qualifications
  • Bachelor's degree in Finance, Economics, Business, or related field; Master's or professional certification (CFA, FRM) preferred.
  • Minimum 7 years of financial risk management experience in a commodity trading environment.
  • Strong understanding of commodity markets and trading operations.
  • Proficiency in risk assessment tools, financial modeling, and quantitative analysis.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong communication and presentation abilities.
  • Knowledge of regulatory requirements and compliance in the commodity trading industry preferred
  • Ability to work in a fast-paced, dynamic environment and manage multiple tasks simultaneously.

  • Copy of Associate Director, Financial Risk Advisory

    4 weeks ago

    Singapore Chatham Financial Full time

    Overview We don't simply hire employees. We invest in them. When you work at Chatham, we empower you — offering professional development opportunities to help you grow in your career, no matter if you\'ve been here for five months or 15 years. Chatham has worked hard to create a distinct work environment that values people, teamwork, integrity, and client...

  • Copy of Associate Director, Financial Risk Advisory

    4 weeks ago

    Singapore Chatham Financial Full time

    Overview We don't simply hire employees. We invest in them. When you work at Chatham, we empower you - offering professional development opportunities to help you grow in your career, no matter if you've been here for five months or 15 years. Chatham has worked hard to create a distinct work environment that values people, teamwork, integrity, and client...

  • Associate Director, Financial Risk Advisory

    4 days ago

    Singapore Chatham Financial Full time

    Overview We don’t simply hire employees. We invest in them. When you work at Chatham, we empower you — offering professional development opportunities to help you grow in your career. Chatham values people, teamwork, integrity, and client service, and you will have opportunities to partner with talented subject matter experts, work on complex projects,...

  • Associate Director, Financial Risk Advisory

    1 week ago

    Singapore Chatham Financial Full time

    Overview We don’t simply hire employees. We invest in them. When you work at Chatham, we empower you — offering professional development opportunities to help you grow in your career. Chatham values people, teamwork, integrity, and client service, and you will have opportunities to partner with talented subject matter experts, work on complex projects,...

  • Risk Manager

    2 weeks ago

    Singapore Yongan International Financial (Singapore) Pte Ltd Full time

    Yongan International Financial (Singapore) Pte Ltd SingaporePosted 2 hours ago In-Office Permanent S$8k - S$10k - Yongan International Financial (Singapore) is seeking a seasoned Risk Management professional to take up an active and important role of the setting up of the organization's Risk Management office in Singapore. This is a unique opportunity, where...

  • Financial Risk Manager

    4 days ago

    Singapore Abaxx Commodity Futures Exchange and Clearinghouse Full time

    HR Director @ Abaxx Exchange | HR Management We are seeking a highly skilled and experienced Financial Risk Manager to join our team at Abaxx Exchange and Clearinghouse. The ideal candidate will be responsible for identifying, analyzing, and mitigating financial risks associated with commodity trading activities. This role requires a deep understanding of...

  • Financial Risk Manager

    6 days ago

    Singapore Abaxx Commodity Futures Exchange and Clearinghouse Full time

    HR Director @ Abaxx Exchange | HR Management We are seeking a highly skilled and experienced Financial Risk Manager to join our team at Abaxx Exchange and Clearinghouse. The ideal candidate will be responsible for identifying, analyzing, and mitigating financial risks associated with commodity trading activities. This role requires a deep understanding of...

  • Risk and Governance Executive

    2 weeks ago

    Singapore Straits Financial Full time

    **Job Description**: - Provide 2nd line governance oversight and management of operational, counterparty, environmental, market, regulatory and other risks, in relation to the business within the Group. In collaboration with stakeholders, map out and maintain front to back end-to-end process flow. Develop and maintain risk management and control...

  • Financial Risk Manager

    2 weeks ago

    Singapore Abaxx Technologies Full time

    **Key Responsibilities** - ** Risk Identification, Assessment and Monitoring** - Identify and assess financial risks (market, credit, liquidity, operational). - Conduct risk assessments for new and existing products. - Develop and maintain risk assessment models. - Monitor daily trading activities for compliance with risk limits. - Prepare risk reports for...

  • Financial Advisor

    2 weeks ago

    Singapore VWA Financial Services Full time

    We are looking for motivated and driven individuals to join our team as Financial Advisors. In this role, you will provide clients with personalized financial guidance, helping them achieve their life goals through sound financial planning, risk management, and wealth-building strategies. This is an exciting opportunity for individuals who are passionate...