Market Risk Manager, Global Markets Trading Desk

Job Summary

• Singapore
• Permanent
• BBBH812654
• Apr 12, 2022
• Competitive

Job Description
Morgan McKinley is working in partnership with a regional Corporate & Institutional Bank with strong footprints and relationship in the Asia region.

The Singapore team is looking for a Market Risk Manager to join their Risk department. Reporting to the Head of Market risk, you will be providing your subject matter expertise across Market Risk domain, supporting the Global Market Trading portfolio with asset exposure across Fixed Income, FX and Equities.

Role and responsibilities

• Partnering with Trading business and engage Front Office in a proactive manner to promote open communication between risk and trading.
• Discuss positions, P&L and risks with the desks, and communicate with Trade Floor Risk Management senior management.
• Opine on new trading strategies and product/market entry.
• Ensure annual limit reviews, limit amendments, and new business/product proposals are completed in a timely manner.
• Ensure portfolios are accurately valued through analysis of daily P&L results and oversight over Independent Price Verification process
• Identify and assess market and liquidity risks in the covered businesses, and ensure consistency with the Bank's risk appetite and the approved business mandate.
• Identify issues that require escalation to senior management and provide recommendations for resolution
• Partnering with International Risk groups - communicate with teams in global offices to ensure all relevant groups understand trading operations and risks in Asia.
• Keep abreast of developments within Trade Floor risk management and ensure department objectives are achieved for Asia.
• Stay abreast of current market and business developments in Singapore and advise Senior Management accordingly.
• Communicate with local regulatory authorities and participate in audits performed by internal audit department and others.
• Communicate the bank's strategy and direction to regulators and correspondingly update management with regulatory activity and any changes to regulations.

Key requirements

• Minimum 7 years of relevant experience in Market Risk for Trading Portfolio, preferably in banking
• Degree in finance or other quantitative discipline.
• CFA/FRM/PRM is desirable
• Strong understanding of derivatives valuation and risk sensitivities
• Knowledge of Asian capital markets through direct experience in a risk management or trading role
• Ability to work independently and without direct supervision
• Excellent communication skills
• Ability to work in a fast paced environment

Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as notification that you have not been shortlisted.

Morgan McKinley Pte Ltd, EA License No: 11C5502

Lee Boon Hou (Hagen), Registration No: R1870932

hlee@morganmckinley.com