Millar Associates – APAC Job Opportunities recruitment

1)  Front Office CVA Quant Analyst, Investment Bank, Singapore, Salary package to attract the best! (Ref: CVA-2905)

A leading front office Quant Analytics group is actively looking to hire a Credit Value Adjustment (CVA) Quant Analyst as part of a growth hire within the business. This is an excellent opportunity to join an expanding bank in a booming financial centre, offering low taxes and excellent career opportunities!

KEY SKILLS EXPERIENCE:
• Prior quantitative experience working on CVA models
• Exposure to Counterparty Credit, CVA pricing modelling
• Strong understanding of stochastic calculus and probability
• PhD / MSc educated in a quant field (Maths, Physics, Engineering, Comp Finance)
• Excellent programming skills in C++, VBA, Java
• Hands-on approach to analytics
• Excellent communication skills

2)  Senior Model Validation Quant – Equity Derivatives, Investment Bank, Singapore, SGD Highly Competitive Salary! (Ref: MVQE-2905)

Situated in the dynamic, low tax country of Singapore, this fast-growing Investment Bank seeks to recruit an experienced Quantitative Risk Analyst to work on Model Validation for expanding Equities business, in a respected quant team.

KEY RESPONSIBILITIES:
• Validate developed models and pricing functions.
• Verify that validated models have been implemented correctly
• Ensure validation work is documented and can be reproduced
• Ensure good relationships with front office quant and IT support groups
• Provide timely validations of functions

KEY SKILLS EXPERIENCE:
• Over 4yrs in Model Validation and / or quantitative modelling within Equity Derivatives
• Market risk management and measurement techniques
• Good understanding of financial markets products
• Strong mathematical, analytical, problem solving learning skills
• Ideally PhD educated (MSc minimum) in a numerate discipline (Math, Physics, Engineering, Comp Finance).
• Excellent programming skills in C++ and VBA

3)  Head of Asset Liability Management, Investment Bank, Singapore, SGD Highly Competitive Salary Package! (Ref: HALM-1105)

This leading Investment Bank in Singapore seeks to recruit a senior Risk Manager to lead a large team in the group-wide oversight of ALM, for Funding Liquidity Risk, Balance sheet management and Funds transfer pricing. You will need excellent Liquidity Risk experience, strong team leadership abilities and be comfortable liaising with management at the highest levels.

ALM TEAM RESPONSIBILITIES:
• Formulate the bank’s Liquidity Risk Management policy, triggers, limits
• Formulate behavioural assumptions for the liquidity reports under going concern, stress other scenarios
• Ensure policy compliance by all relevant entities
• Implement initiatives to ensure compliance with new and impending Liquidity regulations
• Report liquidity positions to the Group ALCO Board Risk Committee monthly
• Prepare reports for Regulatory Liquidity Return submissions
• Generate daily monthly Liquidity reports and escalate breaches of limits

KEY SKILLS EXPERIENCE:
• Over 8yrs experience in Market, Liquidity, ALM or Treasury Risk
• Solid experience of ALM policies, methodologies, models, reporting limits monitoring
• Able to provide risk management support to ALCO for Funding Liquidity Risk, Structural IR FX Risk, Funds Transfer Pricing policies methodologies
• Oversee group-wide Basel 3 compliance for Liquidity ratios
• Clearly communicate complex risk concepts across Finance, Treasury, etc.
• Team management experience essential. (Team size 15-20 people)

4)  Head Quant Analyst – Model Val, Counterparty Credit Product Control, Investment Bank, Singapore, (SGD) Excellent salary package to attract the best! (Ref: HQMV-0503)

One of the largest financial services groups in Asia seeks to expand its Risk Management business with the hire of a Head Quant Analyst to manage its Model Validation, Counterparty Credit Product Control business. This is a key hire for the bank and will give the successful applicant the opportunity to build a large team covering EM Rates FX, as well as Credit Equity trading!

KEY SKILLS EXPERIENCE:
• Over 10yrs experience in a Model Validation or Front Office Quant role
• Ideally PhD educated in a quantitative field (Physics, Maths, Financial Engineering)
• Experience with EM Rates FX, Credit Equity Derivatives trading
• Good knowledge of Counterparty Credit exposure analytics Product Control
• Strong mathematical, analytical, problem solving learning skills
• Strong programming skills in C++, VBA, Java, Matlab
• Management experience

5)  Model Validation Quant Analyst – all asset classes!, 1 year contract (renewable), Leading Global Investment Bank, Singapore, up to SGD 150k base + benefits (Ref: CMQ-0303)

An excellent opportunity to join this dynamic global investment bank in a highly attractive low-tax country as it seeks to build its Risk department with the hire of a Model Validation Quant on a 1 year contract. This role will offer a tremendous opportunity for growth as you will cover a range of products across Rates, FX, Commodities Equities!

KEY RESPONSIBILITIES:
• Validate internally/externally developed models and pricing functions with reference to academic literature, existing models and/or numerical verification.
• Verify that validated models have been implemented correctly in other environments (e.g., third party software) or via independent implementation (in C++ / VBA).
• Ensure all validation work is well documented, transparent and can be reproduced.
• Maintain productive working relationships with front office quant and IT support groups
• Provide timely validations of functions

KEY SKILLS REQUIREMENTS:
• Minimum of 2yrs proven experience in either a Model Validation or Front Office Quant role
• Good understanding of market risk management and measurement techniques
• Sound understanding of financial markets and dealing activities
• Strong mathematical, analytical, problem solving learning skills
• Ideally PhD educated (MSc minimum) in a numerate discipline e.g. Math, Physics, Engineering, Computational Finance.
• Excellent programming skills in C++ and VBA

6)  Front Office FX Quant Analyst, Top-tier Global Investment Bank, Singapore, SGD Excellent Salary Package! (Ref: FXQA-2801)

This leading Global Investment Bank, viewed as one of the strongest players in Asia, seeks to expand its business with the hire of an experienced Quant Analyst to model and implement FX products for their Singapore business.

KEY RESPONSIBILITIES:
• Model implement parametric local vol, local-stoch vol, and Jump Diffusion models
• Provide trading with models for structured and vanilla exotic option products
• Develop mathematical models for pricing new and existing products
• Implement and support models for the risk management and front office pricing system
• Assist the trading team in pricing and assessing the risk

KEY REQUIREMENTS:
• Up to 6yrs experience in Front Office Quant Analytics role (ideally FX)
• PhD / DEA educated in Numerical field (Finite Methods, Numerical Analysis etc)
• A strong background solving and implementing PDE’s is essential (Monte Carlo experience not essential)
• Experience of vanilla exotics pricing (PDE, Local Stoch Vol, Heston, SABR, Mixed Smile, Range Accrual products), Vol Surface Modelling (Malz, SABR, modified SABR etc) Model Calibration
• Hands on experience on Heston calibration, and its parameter estimation
• Able to explain complex ideas in a clear manner
• Team-player, willing to share ideas learn from others
• Exceptional programming skills in C++

To apply for any of the above roles, send your CV to the following address, stating the reference number of the role you are interested in. financial@millarassociates.com

If you are looking for work but do not see the role you want above, send us your CV, stating what you are looking for and one of our experienced consultants will be happy to assist you!