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Job Description
JOB PURPOSE |
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Plays a vital role in protecting the organization from potential market-related losses, ensuring compliance with regulatory standards, and actively monitoring & reporting risk limits to maintain a sound risk management framework. This role demands an understanding of financial markets and analytical skills that help in safeguarding the organization's financial health.
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DUTIES & RESPONSIBILITIES |
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§ Conduct quantitative and qualitative assessments of market risk factors, including interest rate risk, foreign exchange risk, equity risk, and commodity risk. § Monitor market risk exposures to ensure they remain within established risk limits and take prompt action in cases of limit breaches. § Monitor daily treasury group activity and report movements at the portfolio level. § Generate market risk position reports to maintain effective oversight on market risk exposure. § Keep oversight on traders dealing limits and review their end-of-day activity report/deal summary report. § Perform stress tests and scenario analyses to assess how extreme market conditions could affect the organization's financial position. § Analyze historical market data and perform statistical modeling to forecast potential market movements and assess their impact on the company's portfolio. § Collaborate with trading desks and other relevant departments in implementing strategies to mitigate market risk. § Stay updated on market developments, economic indicators, and industry trends that could impact the organization's risk exposure. § Effectively communicate market risk findings and strategies to various stakeholders, including senior management, traders, and compliance officers. § Analyze the balance sheet to ensure all market risks are identified and understood § Coordinate with different (internal) departments to ensure automation and enhancement on market risk reporting, their accuracy, and timeliness, and ensure these systems remain up-to-date. § Develop Market risk reports for Risk Committee.
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Skills
QUALIFICATIONS & SKILLS |
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1. Bachelor’s degree in a quantitative or analytical field such as Engineering, Mathematics or Finance preferred. 2. 1 to 2 years of market risk in the banking industry 3. Analytical skills and proficiency in data analysis tools and software. 4. Knowledge of market risk management tools, Excel-based data modeling, Data extraction, and familiarity of using Bloomberg terminal is a plus. |