At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group's global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!
Review and recommend collateral haircut, derivative margining methodology and stress testing including the documentation, enhance risk analytics, collateral haircut parameters/margin requirements and its model implementation in line with industry standards
Identify and mitigate any gaps in current practices, processes and policies
Streamline and tighten existing BAU controls and ensure that, at a minimum, market best-practices are observed
Perform process reengineering/reviews of processes to improve efficiency/productivity and customer experience
Promotes collaboration and teamwork with Front Office and other relevant stakeholders (Product Management Group including dealers, structurers etc.) to deepen their risk awareness and to assist them in the risk mitigation strategies
Provide guidance and support to Senior Management on Collateral Management specifically on Product, Market and Regulatory Risk matters.
Lead re-engineering process as part of bank digital transformation journey. Partake change initiatives and projects relating to market risk or risk management.
Good and relevant University degree, preferably in fields of quantitative finance/financial engineering, financial risk management or equivalent
At least 5-12 years of relevant working experience in cross-asset market risk (analytics) or product (marketable securities) evaluation, direct private banking risk or product management experiences are advantages
Good knowledge of financial products (multiple asset classes) including financial derivatives and structured products, valuation of assets and securities and collateral lending value experience
Matured and experienced to deal effectively with senior managers and regulator
Experience in project management and change initiatives
Good collaborative and interpersonal skills to interact effectively with other departments
Strong presentation and communication (verbal and written) skills
Strong analytical and quantitative skills
Proficient IT skills i.e. MS Excel/Access, SQL, Bloomberg/Reuters/IHS Markit/Refinitiv, FX Margin Man. Knowledge in BI tool or Project Management such as QlikView, Agile/Scrum is considered as advantage.