Market Risk Controller (Assistant Vice President), Market & Liquidity Risk (Commodity Trading), Risk Management Group recruitment
DBS is a leading financial services group in Asia, with over 200 branches across 15 markets. Headquartered and listed in Singapore, DBS is a market leader in Singapore with over four million customers and also has a growing presence in the three key Asian axes of growth, namely, Greater China, Southeast Asia and South Asia. The bank's strong capital position, as well as "AA-" and "Aa1" credit ratings that are among the highest in the Asia-Pacific region, earned it Global Finance's "Safest Bank in Asia" accolade for three consecutive years, in 2009, 2010 and 2011.
Group Risk is the central resource for quantifying and managing the portfolio of risks taken by the Group as a whole. You will be required to provide support and development to market risk systems
Responsibilities
- Liaise with the business on market updates and exposure analysis, review and setting of limits, portfolio creation, new business initiatives, business mandates
- Responsible for limit monitoring, investigation and escalation of excesses
- Risk surveillance, discovery, analysis vulnerability escalation
- Stress testing scenario design and update
- Provide direction and lend support to other teams where required
- Support / facilitate Board and Senior Management to fulfil their governance and oversight roles and responsibilities
- Investigation of breaches and large incremental changes in Sensitivity, VaR and other Risk metrics
- Perform UAT review for the various systems
- Participate in ad-hoc projects with the objective of improving and streamlining risk metrics reporting
- Assist in any audit related matters
Requirements
- Degree holder / Professional qualification
- Minimum 4 years relevant work experience
- Prior experience in market risk control or risk reporting or product control in a similar-sized bank
- Good product knowledge of commodity products, preferably also IR / FX / Equity products
Please click on "Apply online" and search for Job Ref: CRT/CMO/1110/0003
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements.