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VP, Market Risk Management, Macro Desk

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Job Summary

  • Singapore
  • Permanent
  • BBBH837723
  • Mar 17, 2023
  • Competitive
Job Description

Morgan McKinley is working in partnership with a Global Bank who is well known for their top tier Corporate and Investment Banking services. They are one of the well-recognized tier one houses.

Role and 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 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 of stress test scenarios, results and analysis of key drivers
  • Review new product and transactions eg (DCFX, structured products) from a market risk point of view and provide opinion to management.
  • Review market risk regulatory reporting and stress testing results submitted to Singapore regulators
  • Work with stakeholders on firm wide risk projects eg. 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.

Key requirements

  • Bachelor or Post graduate degree in a quantitative field eg. Statistics, mathematics, Engineering
  • 5-10 years' experience in market risk or related function
  • Experience in Fixed income products preferably experience in Exotics/ Hybrid IR products
  • Knowledgeable about developed and Asia emerging markets in general
  • Experience in market risk processes (eg. VAR, limits, stress testing)
  • Ability to work autonomously and willingness to get involved and take responsibility for area covered.
  • Proficiency in Excel, VBA programing
  • Strong analytical, communication and independent problem solving skills and able to deliver under tight deadlines.
  • Energetic, independent with aptitude to learn and improve processes.
  • Strong team player who can interact and work well with front office, senior risk managers and other control functions

If you are interested in the role and would like to discuss the opportunity further, please click apply now or email Hagen at for more information.

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


Consultant Details

Consultant Details

Hagen Lee
Hagen Lee