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VP, Market Risk Management, Wealth Management

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Job Summary

  • Singapore
  • Permanent
  • BBBH830975
  • Oct 14, 2022
  • Competitive
Job Description

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

The singapore team is looking for a VP hire to join their Market Risk team, supporting the International Wealth Management business.

Role and responsibilities

  • Responsible for the setup of adequate risk monitoring of the FX Margin trading activities.
  • Responsible for the monitoring of the FX Margin Trading activities.
  • Develop, review and implement methodologies covering haircut, margin requirement and netting rules within the Wealth Management Business.
  • Liaise with Risk Methodology Group to design and validate proposed risk methodologies.
  • Allocate haircut and margin required to eligible securities in adherence to policy and methodology.
  • Provide justifications and recommendations on haircut deviation.
  • To conduct regular reviews of securities granted haircut / margin required within the Wealth Management Business.
  • To produce regular risk reports and ad-hoc impact analysis for management review.
  • Contribute to the stress testing analysis on clients' portfolios.
  • Maintain updated operational procedures within department.
  • To participate and lead various risk projects including writing detailed risk requirements and performing User Acceptance Testing.

Key requirements

  • Diploma /Degree in Banking/Business/Economics/Finance
  • 5 7 years of relevant experience in market risk/analysis in an investment/ private bank with strong knowledge and understanding of PB business and products.
  • Experience in monitoring of FX Margin Trading activities using MarginMan or similar systems with experience in Delta Margining
  • Experience in LTV/Margin Methodology design/justification/validation
  • Able to use Bloomberg and other banking tools.
  • Advanced skills in Excel (experience with VBA would be advantageous)
  • Experience in project management is a plus

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

hlee@morganmckinley.com

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Consultant Details

Consultant Details

Hagen Lee
Hagen Lee
  • Principle Consultant | Operation & Risk