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Senior First Line Risk Manager

Employer
BNY Mellon
Location
Singapore, Singapore
Salary
Competitive
Closing date
Jul 9, 2023

View more

Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Overview

Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

We're seeking a future team member for the role of Head of APAC, First Line Risk to join our Markets First Line Risk team. This role is located in Singapore (HYBRID role).

In this role, you'll make an impact in the following ways:
  • The adequate candidate will monitor and manage Foreign Exchange and Securities Finance financial risks in partnership with 2nd Line Risk
  • In addition, the successful candidate would be leading the First Line Credit team in the region and help coordinate 1 st Line credit Underwriting for APAC clients.
  • Help lead via thought leadership on margin / haircut methodologies changes or business changes in coordination with Second Line risk and business stakeholders.
  • Optimize financial resources within the Markets businesses (CCAR optimization, Stress testing and other Risk/Capital constraints).
  • Assess the risk/reward of the existing portfolio and of new business opportunities.
  • Provide subject matter expertise, risk challenge, and analytics expertise.
  • Expand and enhance risk ownership of non-Standard collateral in principal business and help source the collateral at right margins to minimize risk. Ability to back-test and perform quantitative analysis is important for the role.

To be successful in this role, we're seeking the following:
  • Ideal candidate would have experience in Prime Brokerage risk, Repo risk or other client facing risk functions.
  • Expertise in Credit risk would be required with demonstrated experience leading in stressed market conditions.
  • Advanced degree or equivalent in a STEM subject.
  • 10 + years total work experience in a risk management capacity preferred, ideally with some of the experience in a front office capacity.

At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:
  • Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
  • Bloomberg's Gender Equality Index (GEI)
  • Best Places to Work for Disability Inclusion , Disability: IN - 100% score
  • 100 Best Workplaces for Innovators, Fast Company
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • CDP's Climate Change 'A List'

Our Benefits:

BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

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