SVP/ED, Team Lead, ALM Risk, Market & Liquidity Risk, Risk Management Group | Singapore, SG

SVP/ED, Team Lead, ALM Risk, Market & Liquidity Risk, Risk Management Group

Job Purpose:
Lead a team specialising in commercial book market risk and Interest Rate Risk in the Banking Book (IRRBB). Job scope includes:

• Develop policies, governance processes and internal risk measurement methodologies
• Support risk committees and business units in matters relating to commercial book market risk management (including regulatory requirements)
• Monitor and analyse risk exposures across the Group.

• Formulate internal risk policies and develop governance and management processes, including limit setting and model/assumption reviews.
• Support risk committees in the understanding and analysis of both internal and regulatory commercial book market risk requirements, and prepare for public disclosures.
• Perform risk control functions, including regular monitoring, assessment and control of the commercial book market risk exposures across the Group.
• Manage internal and external stakeholders such as to support commercial book market risk assessment for new products and business plans, and to formulate replies to MAS queries on related matters.
• Provide advisory on commercial book market risk management matters, supporting other business and support units as well as overseas risk controllers.

• Policies & Methodology: Formulate ALM risk policies, governance, and measurement methodologies; Review internal ALM risk limits and monitoring structure; Develop and review ALM risk models and assumptions.
• Regulatory and Risk Committee Support: Keep updated on relevant regulatory requirements (e.g., IRRBB, CSRBB, and structural FX); Support risk committees in understanding the implications of regulatory rules; Provide advisory to business and other support units on related matters.
• Risk Analysis and Control: Ensure timely escalation of material risks, issues and vulnerabilities to relevant authorities; Provide analysis and prepare management reports, including both internal and regulatory measures.
• Others: Support infrastructure and other ad-hoc projects; Audit/regulatory engagement as necessary; Involvement in cross-department projects including bank-wide and industry-wide stress tests (e.g. IWST, ICAAP).

• Minimally 10 years of working experience in relevant area.
• Strong knowledge of risk management methodologies and regulatory requirements.
• Knowledge of banking products, ALM and financial reporting is a plus.
• Good degree in Accountancy / finance / statistics or similar fields.
• Experience in projects/committees requiring use of interpersonal skills.
• FRM, PRM or CFA would be an advantage.