VP/AVP, Counterparty Credit Risk Specialist, Risk Management Group

Employer
DBS Bank Limited
Location
Singapore, Singapore
Salary
Competitive
Posted
17 Sep 2022
Closes
01 Oct 2022
Ref
16904401
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Business Function

Risk Management Group works closely with our business partners to manage the bank's risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure.

Job Purpose

Traded Credit Risk Methods (TCRM) is responsible for establishing and maintaining a robust measurement and reporting process for counterparty credit risk measurement of traded products for internal, regulatory, and customer counterparty risks across the global markets and private banking businesses within DBS. This role supports the department in the risk analysis and measurement of traded from a counterparty risk perspective. TCRM collaborates widely with other functions such as Sales & Trading, Credit, Finance, Legal, Technology, Operations to ensure accurate and timely measurement of counterparty credit risk in DBS to achieve win-win outcomes and sustainable returns as a bank.

Responsibilities
  • Collaborate with business and risk stakeholders to measure and monitor counterparty risk from derivatives and securities financing transactions
  • Analyse structured transactions from counterparty risk perspective
  • Review, monitor, and stress test portfolio counterparty credit exposures to identify potential vulnerabilities
  • Develop and implement counterparty risk methodologies for across traditional and alternate asset classes
  • Support new product approvals, digital adoptions, and credit policy review
Experience
  • Working experience with derivatives and traded products in market risk/counterparty credit risk management/front office
  • Experience in Murex, MLC and/or other equivalent system for pricing/counterparty level attributes is advantageous
Requirements
  • Bachelor's/Master's degree in quantitative field
  • Strong knowledge of derivatives and traded products in terms of pricing/risk of the product/market and credit exposure implications
  • Working knowledge in programming and data analysis (Python/C#/VBA/BI tools) to develop functional and scalable infrastructure to support analysis and management reporting
  • Ability to communicate and collaborate well with various stakeholders to find win-win solutions to problems, coupled with a strong desire to learn, improve, and contribute
Work Relationship
  • Supporting seniors in RMG-Credit and the CRO in discharging his functions to the Board.
  • Building and maintaining good working relationships with peers, primarily:
    • T&M, WM Businesses
    • RMG - Market & Liquidity Risk
    • RMG - READ
    • ITT
    • Finance
    • Audit
  • and external parties:
    • Regulators
    • System Vendors

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