VP Market Risk Manager

An exciting VP Market Risk Manager job has just become available at a reputable global bank based in Singapore. In this role, you will be reporting to the Executive Director - Head of Market Risk.

About the VP Market Risk Manager Role:
In this role, you will develop the market risk strategy and governance framework as well as establish the risk services to support the business areas' management of market risk.

Key Responsibilities:

• Daily review of key market news and positions taken and key changes
• Devise risk control framework suitable for Front Office strategy and product range to ensure risk taking is aligned with the firm's risk appetite and policies
• Liaise regularly with front office trading and structuring in the implementation of risk controls and ensure that issues identified (limit breach, incomplete or inadequate risk monitoring, system problems) are addressed in a timely manner
• Produce daily risk report and limits reports timely to trading, senior management and regulatory stakeholders
• Conduct scenario analysis and review of structured/ hybrid portfolio and implement necessary risk control frameworks
• Ensure VAR and capital components are reviewed and signed off daily
• Review stress test scenarios, results and analysis of key drivers
• Review new product and transactions (e.g. DCFX, structured products) from a market risk point of view and provide opinion to the management
• Review market risk regulatory reporting and stress testing results submitted to Singapore regulators
• Work with stakeholders on firm wide risk projects e.g. FRTB and VAR system development in terms of design and testing
• Work closely and manage relationships with groups outside of market risk, such as credit risk, research, quantitative research, finance, product control, middle office, market risk technology, regulatory, and internal audit

To succeed in this VP Market Risk Manager role, you must have at least 5 - 10 years of market risk analysis experience and at least three years in a supervisory or managerial positions.

Key Requirements:

• Bachelor's or postgraduate degree – preferably related in a quantitative field e.g. statistics, mathematics, engineering
• Experience in fixed income products preferably experience in Exotics/Hybrid IR products
• Knowledgeable about developed and AEJ emerging markets in general
• Strong team player who can interact and work well with front office, senior risk managers and other control functions
• Strong analytical, communication and independent problem-solving skills and able to deliver under tight deadlines
• Proficiency in Excel, VBA programming

This esteemed company is a leading global bank that provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries.

If you are driven and want to take the next step in your career, this VP Market Risk Manager role is for you.

Apply now to learn more about this opportunity.

Do note that we will only be in touch if your application is shortlisted.

Robert Walters (Singapore) Pte Ltd

ROC No.: 199706961E | EA Licence No.: 03C5451

EA Registration No.: R22111401 Nina Natasha Boschung