Job responsibilities:
The Analyst role within the market risk management department (Model risk team) will be in charge of performing model risk analysis, new product assessment, and technical support to product control/market risk team to monitor market risk activities undertaken by Global Markets (Trading) and Treasury (ALM) and participating UAT in various projects, e.g. Potential Future Exposure project, IRRBB, benchmark/Libor Transition project. The scope of products spans interest rate derivatives (including Interest Rate Options) and FX derivatives (including FX Options).
[Model Risk & Project Support]
- To participate UAT for Potential Future Exposure (PFE) project, e.g. run PFE simulation, calibration, backtesting, stress testing and prepare the model document
- To participate the development and maintenance of technical EUC tools for example IRRBB calculation
- Support senior staff on reviewing new market risk model application and/or product assessment for Singapore and regional branches;
- Review independent model validation report for Derivatives pricing models and market risk models;
- Prepare daily market conduct check reports for the traders/dealers e.g. off-price check;
- Support senior staffs/participate in other various projects e.g. Benchmark/Libor transition etc.
- Support Head Office’s initiatives, middle office systems implementation in Singapore and other regional branches;
- To participate in market related events and discussion within the team and provide analysis on daily risk movements;
- To participate in streamlining activities within the market risk team and other regional branches;
- Liaise with/answer inquiries from stakeholders, including Global Markets, Treasury, Front office, Back-office;
- Provide technical support to product control, market risk and liquidity risk teams.
- Support senior staff to liaise with internal / external auditors and regulators by providing necessary information/ analysis;
Job Requirements:
- Bachelor’s degree in financial engineering, mathematics, statistics, quantitative finance, Data management, economics or in quantitative related fields
- No prior experience required. Candidates with relevant internship experience may also be considered.Good knowledge of banking and derivatives products
- Experience in using Python, Power Query, Excel with VBA skills
- Good initiative and inter-personal skills, ability to work efficiently in a team and independently.
- Good communication skills (both verbal & writing) with colleagues in Singapore and regional branch.
We regret to inform that only shortlisted applicants will be notified.
Job ID: 10066541
