Internship: Group Risk Management, Market Risk Management, Asset Liability Management

2 weeks ago


Singapore OCBC Full time

WHO WE ARE:
As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

Why Join
Gain a critical understanding of how banks manage financial risk and maintain stability. As an Asset Liability Management (ALM) Intern within Group Risk Management, you'll be at the heart of monitoring liquidity and interest rate risk, contributing to the sound management of OCBC's balance sheet.

How you succeed
To thrive in this role, you'll need a strong analytical mindset, a meticulous attention to detail, and a willingness to learn complex financial concepts. You'll excel at working with data, identifying trends, and contributing to process improvements. A proactive approach and a desire to understand the inner workings of a bank are essential.

What you do
You'll be directly involved in:

  • Assisting with risk monitoring activities, including data preparation and report generation, to understand how cashflows, assets, and liabilities behave under various scenarios.
  • Preparing and analyzing interest rate risk reports in the banking book across key metrics and under different interest rate scenarios.
  • Generating ALM risk reports for management and regulatory reporting purposes.
  • Analyzing ALM risk exposures to identify trends and understand variances.
  • Participating in user testing of the ALM system as part of system enhancements and parameter updates.

Who you work with
Group Risk Management works independently to protect, build, and drive our businesses. The team supports good decision-making with strong risk analysis and plays a crucial role in sharpening our competitive edge. Optimizing risk-adjusted returns, seeking and adopting best-in-class practices, protecting the group from unforeseen losses, and keeping risk within appetite are all key responsibilities.

Who you are
  • Currently pursuing an undergraduate or postgraduate degree.
  • Demonstrates a strong interest in understanding how banks operate and manage financial risk.
  • Possesses strong analytical skills and a meticulous attention to detail.
  • A proactive and collaborative team player with excellent communication skills.
  • Eager to learn about liquidity risk management and interest rate risk management.

Learning Objectives
This internship will provide you with:
  • A foundational understanding of asset-liability management and its importance to bank stability.
  • Hands-on experience in generating ALM risk reports and analyzing risk exposures.
  • Insights into the process of monitoring liquidity and interest rate risk.
  • Opportunities to contribute to process improvements and automation initiatives.
  • Exposure to a critical function within a leading financial institution's risk management framework.

What we offer:
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

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