Our client, a prestigious and globally recognized financial institution, is seeking a Market Risk and Product Control Officer to join their Risk Management Department.
Main Tasks and Duties:
Daily Product Control:
- Perform daily trade verification, P&L production, reconciliation, and analysis.
- Conduct MTM (mark-to-market) valuation of financial instruments.
- Monitor and control all approved limits, escalating breaches as necessary.
- Conduct off-market rate monitoring, trade cancellation checks, and amendment verifications, escalating issues appropriately.
Market Risk Monitoring:
- Perform daily market risk limit monitoring and reporting to various stakeholders.
- Analyze and escalate breaches, maintaining and updating Excel templates.
Compliance and Maintenance:
- Conduct periodic maintenance and updates of trader and counterparty limits, user access rights, and folder control in trading systems.
- Review and update product control-related policies and procedures regularly.
- Assist with AML/CFT manual.
Client Interaction and Support:
- Maintain close and continuous contact with customers and monitor the industries in which they operate.
- Proactively manage deteriorating credits and identify cross-sell opportunities.
Project Management:
- Participate in and lead ad-hoc projects as assigned by the Team Leader or Department Manager.
- Assess new and existing financial services and products.
Job Requirements:
- Recognized bachelor's degree or above, preferably in Finance, Accounting, or related disciplines.
- At least 1 to 2 years of relevant experience in a similar capacity, with experience in risk management or product control being advantageous.
- Proficiency in English and Fluency in Mandarin to liaise with Chinese-speaking stakeholders and counterparties.
- Strong knowledge of Treasury products and derivatives, including valuation and market conventions.
- Proficiency in financial modeling and MS Office, with the ability to read and write VBA code.
- Experience with Bloomberg Terminal and Reuters Eikon is a plus.
- Certifications such as FRM, PRM, or CFA are advantageous.
- Excellent verbal communication and interpersonal skills to handle stakeholders across multiple departments.
- Ability to work independently under pressure and meet tight deadlines.
- Strong analytical skills and business acumen.
- Team player with a proactive and results-oriented approach.
Greenlane is a recruiting firm based in Singapore, specializing in banking, trading, tech, and other industries.
EA Licence No.: 20C0261 | Registration No.: R23118854
