VP / Director level market risk position with leading global investment bank in Singapore
A top global investment bank is looking for a VP - Director level market risk manager to develop its risk platform.
You will be responsible for the commodities desk for risk and report directly into the Global Head of Commodities for the bank. The role will work closely with the front office commodities traders, developing the PnL of the commodities business and be the first point of contact for all market risk issues.
The position will involve creating and maintaining key relationships with traders, finance, the global risk team and the board of directors on improving the companies risk systems to ensure the integration of risk as a business partner and not a control function. This role requires an individual who can lead key projects in developing the risk platform of the company.
The main responsibilities for this role are:
- Challenge and support the trading desk in relation to proposed new deals and strategies (in particular for complex physical strategies).
- Take ownership of the Risk system set-up and drive improvements via projects
- Value added risk analysis of trading strategies.
- Ensure an appropriate daily check and documentation of forward curves used for position valuation against available market data from Information Services, Journals, and Brokers.
- Supervision of the preparation of position and PL reports for the trading desk’s books on a daily and monthly basis.
- Play a key part in a number of varied projects across the business.
- Provision of detailed analysis of risk measures, positions, PL and trading strategies for traders, finance and Senior Management.
- Monitoring and improving risk system interfaces.
- Reporting, enhancing and providing insights into key risk and performance metrics, such as VaR (Value-at-Risk), for Global commodity and product trading businesses
- Educating key stakeholders, including senior management, about risk concepts
- Ensure integrity and consistency of market risk monitoring and limit management
The successful candidate is likely to have the following background:
- Significant experience of the global commodities market
- Previous market risk experience and/or an understanding of Trading an advantage
- Ideally experience of team management or demonstrable experience of managing project teams
- Good communication skills – must be able to understand others’ perspectives and relate complex ideas to different groups, including senior management.
- The ability to challenge proposals constructively to help ensure they are robust, whilst maintaining excellent working relationships
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