Front Office Risk Management - Global Markets Division

Job description

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. The FORM (Front Office Risk Management) team is the first line of defence within the Global Markets Division that supports the trading and sales teams in managing financial risk (i.e. market and credit risk). The coverage spans across businesses in different international locations and financial asset classes. This is a permanent role where you will have the opportunity to collaborate closely with both the business and key business partners to drive the next stage of business growth. You will play a key role in ensuring that the risk is kept within the agreed appetite and that controls are in place to mitigate key risk events. Additionally, the role will require you to constantly adapt to changes in both the macroeconomic and regulatory environments, advising the business lines accordingly and developing new solutions for them. Responsibilities: - Support the front office desks in managing their risk utilization, proactively collaborating with the business and second line risk functions to manage down or resize risk appetites, facilitate risk and reward (i.e. profit and loss) analysis, and ensuring controls are adopted and aligned across the desks - Respond to queries and challenges from the business, second line risk functions, finance teams, auditors or regulators; ensuring sound risk management and controls are adhered to - Work with the front office, project managers and developers on the design and development of new risk management frameworks and capabilities - Drive a sustainable business growth strategy by developing new risk management approaches, tools, and analytics to create efficiencies within the team and implement better controls to cater for new products and markets Requirements 1-3 years of relevant experience in risk analytics/management Good university degree in a quantitative discipline (e.g. Financial Engineering, Computing, etc.) Strong ability deciphering data to perform quantitative analysis Analytical and independent thinker with good written and verbal communication skills; able to explain complex technical subjects in a simple straightforward manner to senior management Self-driven, able to provide creative or alternative solutions to address business problems to achieve objectives Strong team player with good interpersonal and organizational skills Flexible and adaptable to the fast-changing requirements of the business and industry 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.