193 Market Risk jobs in Singapore

Your new company

This leading financial institution is renowned for its commitment to excellence and innovation in the banking sector. Our client prides itself on fostering a dynamic and inclusive work environment where employees are encouraged to grow and succeed. With a strong presence in the market, they are dedicated to providing top-notch financial services to our clients.

Your new role

As a key member of the Market Risk unit, you will play a pivotal role in ensuring that all material market risks are identified, measured, managed, and controlled prudently. You will be responsible for developing, implementing, and improving market risk methodologies, frameworks, and systems, working closely with the local treasury and risk management team. Your daily tasks will include evaluating trading and investment activities, monitoring market risks, and preparing comprehensive reports on market risk exposures and assessments. Additionally, you will manage market risk projects, support regulatory compliance, and provide essential support for anti-money laundering and counter-terrorist financing requirements. This position offers a unique opportunity to make a significant impact on the bank’s risk management strategies and contribute to the overall success of our organization.

What you'll need to succeed

In order for you to be successful in this position you will have:

• Bachelor’s degree in Finance, Accounting, Mathematics or a related field
• Minimum of 4 years of experience in market risk or quantitative analysis within the financial services industry
• Sound knowledge and experience in trading and market risk methodologies
• Excellent analytical and problem-solving skills
• Strong communication and interpersonal skills

What you'll get in return

In return for your dedication and hard work, you will be rewarded with:

• A highly competitive salary and benefits package
• Opportunities for professional development and career advancement
• A supportive and collaborative work environment
• The chance to make a significant impact on the organisation’s risk framework

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.

If this job isn't quite right for you but you are looking for a new Governance position, please contact Jet Wong at +65 6027 2245 or email for a confidential discussion on your career.

EA Registration No. R24124357

Company Registration No. 200609504D

EA License No. 07C3924

• Client in Singapore is looking for an experienced business analyst for the core Treasury IT team to support the bank's treasury division for the business with Commodities, Credit Derivatives, FXD, IRD, FX, MM, Fixed Income products in Singapore, Thailand, Indonesia, Malaysia, China and its overseas branches across the globe.
  This role is for the Global Markets Programme - Risk Project implementation using Murex v3. The role is based in Singapore and requires interaction with users and stake holders in Singapore & overseas.
  The system analyst role is responsible for the delivery of strategic projects or tactical changes for the bank's treasury division. The focus is on the roll out of the Murex - Risk related deliveries for the bank and branches. The role requires the successful candidate to gather requirements, work with the vendors and drive the testing with the end users to ensure a successful deployment of the project.
• Responsibilities:Understand Murex MRA/MLC and Modules.
  • Report/Datamart configuration and development using MRA views, LRB and conventional creation class
  • PL SQL scripting, EOD processing (using Control M) and optimization of scripts
  • Build a strong relationship and manage expectations with users and stake holders.
• Mandatory Skills:Market Risk
  Murex Market Risk Limits (MRAL)
  
• Mandatory Skills Description:• 3-6 years of experience with Murex
  • Self-motivated risk management professional with an interest in delivering strategic change solutions to enable effective solutions around traded risk management
  • Good understanding of key market risk concepts (eg. traded products, VaR, stress testing, risk/limit management)
  • Strong technical knowledge specially in Murex domain
  • Good business domain knowledge of banking & trading book
  • Good understanding of datamart and simulation module in GMP
  • Track record in developing and delivering IT capabilities for a multi-national/regional company with annual budgetary responsibility
  • Highly effective communicating with technical stakeholders, proficient communicating with non-technical stakeholders
  • Good problem solving, analytical, synthesis, system thinking and solutioning skills
  • Ability to identify, monitor and manage project risks, issues and dependencies, and agree appropriate solutions with sponsors and key stakeholders
  • Strong influencing skills to achieve alignment up and down the organization
  • Experience in implementing large-scale, highly available applications or other large project implementation
  • Proven result-oriented person with a focus on delivery
  • Good understanding and experience in software development cycle
• Nice-to-Have Skills Description:• Experience in VaR, MRA, MRE Configurations
  • Understanding of the model assignments, Market data, Rate curves etc.
  • Understanding of simulations and datamart module
  • Strong technical & functional background.
  • Bachelor's or Maters degree in computer science, engineering or in Finance domain
  • Related professional/technical qualification will be advantageous although not mandatory

Hartree Risk Management is the group that measures and monitors the trading, hedging, and marketing activities while providing transparency to Senior Management of the underlying risks on a consistent basis across the company. We are seeking a motivated and analytical individual to join our Market Risk team as a Quantitative Developer. This role offers a unique opportunity to gain hands-on experience in quantitative finance and software development within a dynamic and fast-paced environment. The successful candidate will work closely with experienced professionals to assist in the development, implementation, and testing of quantitative models and risk management tools used to assess market risk exposures.

Responsibilities

• To understand risk analytics requirements and translate them into technical specifications for quantitative models and risk management systems.
• Design, develop, and maintain software applications and libraries for pricing derivatives, risk metrics, and scenario analysis.
• Implement and test quantitative models in development and production environments to ensure accuracy and reliability of results.
• Test and validate to ensure the quality and integrity of developed software, including identifying and resolving issues as needed.
• Work closely with team members to document processes, procedures, and technical specifications for developed systems and models.
• Stay informed about industry trends, best practices, and regulatory requirements related tomarket risk management and quantitative finance.
• Participate in team meetings, training sessions, and other learning opportunities to enhance knowledge and skills in quantitative finance and software development.

Required Qualifications

• 3 to 5 years experience in financial software development
• Bachelor's or advanced degree in Computer Science, Mathematics, Finance, or a related quantitative field.
• Strong programming skills in languages such as Python, with a solid understanding of software development principles and practices.
• Interest in financial markets, derivatives pricing, and risk management concepts, with coursework or projects related to quantitative finance preferred.
• Basic knowledge of quantitative finance techniques, including stochastic calculus, numerical methods, and statistical analysis.
• Excellent analytical and problem-solving skills, with the ability to learn quickly and apply new concepts effectively.
• Strong communication and teamwork skills, with the ability to collaborate effectively with cross-functional teams.

Hartree Risk Management is the group that measures and monitors the trading, hedging, and marketing activities while providing transparency to Senior Management of the underlying risks on a consistent basis across the company. We are seeking a motivated and analytical individual to join our Market Risk team as a Quantitative Developer. This role offers a unique opportunity to gain hands-on experience in quantitative finance and software development within a dynamic and fast-paced environment. The successful candidate will work closely with experienced professionals to assist in the development, implementation, and testing of quantitative models and risk management tools used to assess market risk exposures.

Responsibilities

• To understand risk analytics requirements and translate them into technical specifications for quantitative models and risk management systems.
• Design, develop, and maintain software applications and libraries for pricing derivatives, risk metrics, and scenario analysis.
• Implement and test quantitative models in development and production environments to ensure accuracy and reliability of results.
• Test and validate to ensure the quality and integrity of developed software, including identifying and resolving issues as needed.
• Work closely with team members to document processes, procedures, and technical specifications for developed systems and models.
• Stay informed about industry trends, best practices, and regulatory requirements related tomarket risk management and quantitative finance.
• Participate in team meetings, training sessions, and other learning opportunities to enhance knowledge and skills in quantitative finance and software development.

Required Qualifications

• 3 to 5 years experience in financial software development
• Bachelor's or advanced degree in Computer Science, Mathematics, Finance, or a related quantitative field.
• Strong programming skills in languages such as Python, with a solid understanding of software development principles and practices.
• Interest in financial markets, derivatives pricing, and risk management concepts, with coursework or projects related to quantitative finance preferred.
• Basic knowledge of quantitative finance techniques, including stochastic calculus, numerical methods, and statistical analysis.
• Excellent analytical and problem-solving skills, with the ability to learn quickly and apply new concepts effectively.
• Strong communication and teamwork skills, with the ability to collaborate effectively with cross-functional teams.

Senior Market Risk Analyst, Singapore

Our client is a global energy trading firm. The trade in Power, LNG and Coal across Europe, APAC and North America.

They are expanding their Market Risk Team due to the volume of trades; they have expanded some of their traded product lines.

They have a great culture with fantastic work life balance. They are in the office 3 days per week and work from home 2 days per week. They offer competitive pay and have a history of consistent profitability which is shared across their bonuses. They are a great learning environment and have a strong track record at retaining staff.

Job Description:

· Managing the daily PnL for traders across all products

· Preparing daily, weekly and monthly market risk reports

· VaR calculations

· Options and stress testing

· Support with the digitalisation and automation of workflows in the team with the support of the Tech and Quant team

Key Qualifications and Experience:

· 5 to 10 years’ Experience in a Market Risk trading environment

· A background in middle office supporting front office trading activites

· Good knowledge of both paper and physical trading

· Proficient in Power BI, Python and VBA

• Techno functional skills are required for this role

• Ability to lead a team of Market data analysts

• Deep subject matter of capital markets market data domain across asset classes

• With direct experiences in Market Data Domain as part of the Enterprise Architecture.

• Well versed in enterprise architecture methodologies for Market Data Domain.

• With NeoXam DataHub, Markit or any other EDM specific product and development experiences to lead the design of Data model, establish as golden Data Source and distribute data to downstream systems at bank’s enterprise level.

• Develop a Market Data Services Enterprise architecture blueprint. Establish framework and standards of Data Sourcing from external vendors, Data Quality Check, Data transformation and Distribution to multiple systems across all platforms.

• Analyse user (front to back office) requirements and formulate functional and technical design documents.

• Work with Client internal Change Control Management for deployment of changes.

• Work closely with internal infrastructure and security teams for implementations.

• Implement NeoXam’s, DataHub software solutions at an enterprise level.

• Client in Singapore is looking for an experienced business analyst for the core Treasury IT team to support the bank's treasury division for the business with Commodities, Credit Derivatives, FXD, IRD, FX, MM, Fixed Income products in Singapore, Thailand, Indonesia, Malaysia, China and its overseas branches across the globe.
  This role is for the Global Markets Programme - Risk Project implementation using Murex v3. The role is based in Singapore and requires interaction with users and stake holders in Singapore & overseas.
  The system analyst role is responsible for the delivery of strategic projects or tactical changes for the bank's treasury division. The focus is on the roll out of the Murex - Risk related deliveries for the bank and branches. The role requires the successful candidate to gather requirements, work with the vendors and drive the testing with the end users to ensure a successful deployment of the project.
• Responsibilities:Understand Murex MRA/MLC and Modules.
  • Report/Datamart configuration and development using MRA views, LRB and conventional creation class
  • PL SQL scripting, EOD processing (using Control M) and optimization of scripts
  • Build a strong relationship and manage expectations with users and stake holders.
• Mandatory Skills:Market Risk
  Murex Market Risk Limits (MRAL)
  
• Mandatory Skills Description:• 3-6 years of experience with Murex
  • Self-motivated risk management professional with an interest in delivering strategic change solutions to enable effective solutions around traded risk management
  • Good understanding of key market risk concepts (eg. traded products, VaR, stress testing, risk/limit management)
  • Strong technical knowledge specially in Murex domain
  • Good business domain knowledge of banking & trading book
  • Good understanding of datamart and simulation module in GMP
  • Track record in developing and delivering IT capabilities for a multi-national/regional company with annual budgetary responsibility
  • Highly effective communicating with technical stakeholders, proficient communicating with non-technical stakeholders
  • Good problem solving, analytical, synthesis, system thinking and solutioning skills
  • Ability to identify, monitor and manage project risks, issues and dependencies, and agree appropriate solutions with sponsors and key stakeholders
  • Strong influencing skills to achieve alignment up and down the organization
  • Experience in implementing large-scale, highly available applications or other large project implementation
  • Proven result-oriented person with a focus on delivery
  • Good understanding and experience in software development cycle
• Nice-to-Have Skills Description:• Experience in VaR, MRA, MRE Configurations
  • Understanding of the model assignments, Market data, Rate curves etc.
  • Understanding of simulations and datamart module
  • Strong technical & functional background.
  • Bachelor's or Maters degree in computer science, engineering or in Finance domain
  • Related professional/technical qualification will be advantageous although not mandatory

Roles & Responsibilities:

• Responsible for effective monitoring, early warning and reporting of the trading books under his/her responsibility. To communicate effectively with front and back office personnel, as well as to ensure completeness and accuracy of data in the CXL system. On a daily basis in accordance to the Company policies, to compute, monitor, analyse and report the exposure of the books, ensuring that the exposures are under the approved limits. Effective monitoring and understanding of market so as to mitigate potential risk events that the Company may encounter.
• Perform monthly closing tasks as required for the books under his/her responsibility, and provide analysis for the profit and loss position for the books. Also to assist in the drafting of various reports as requested by the Risk Management Committee.
• Perform back testing, scenario testing and stress testing on a periodic basis or when necessary. For new businesses or activities relating to the books under his/her responsibility, to perform relevant market analysis and recommend mitigating controls as necessary.
• Gather and compile daily mark to market prices and any relevant data and information for dissemination to relevant personnel and uploading of the data into CXL system. Also to perform End-of-Day operations in CXL system.
• Perform weekly gathering and compilation, analysis and reporting of market data and developments.
• Responsible for the hedging business of the account in charge, including but not limited to the review and monitoring of the hedging strategy, the evaluation of the hedging effectiveness, the accuracy and rationality of the hedging ratio calculation, the review of the monthly, quarterly and annual reports of the hedging business, and the compliance inspection etc.
• Other tasks as assigned by the Head of Risk Management.

Requirements:

• Bachelor in Business/ Economics/ Finance/ related field or equivalent.
• Candidates with strong overall qualifications are preferred, especially those with basic work experience related to risk management in the oil trading industry.
• Good ethics and professional conduct, and with strong sense of responsibility and teamwork spirit.
• Good organisational, time management skills and stress tolerance with proven ability to manage multiple priorities.
• Excellent command of the English and Chinese languages (as the position needs to frequently communicate with English/Chinese-speaking stakeholders verbally/ in writing as well as to prepare and proof-read English/Chinese official documents and presentations whenever appropriate).

Upskills Downtown Core, Central Singapore Community Development Council, Singapore

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Upskills provides expert financial software consulting for investment banks and leading financial institutions across Asia Pacific, Middle East, and Europe. With extensive expertise in cash and derivatives markets, we deliver smart, efficient solutions. As a Market Risk System Analyst, you will:

1. Analyze user requirements and assist in test execution.
2. Prepare functional specifications, collaborate with developers, and execute test cases (e.g., deal booking, event execution in SIT, UAT).
3. Communicate effectively with project managers, developers, business users, and vendors.
4. Perform requirement analysis in Middle Office for various asset classes.
5. Understand product requirements, propose solutions, and support rollouts.
6. Gather requirements for VaR modules, MRAL reporting, FRTB computation, and reporting in Murex.
7. Identify business solutions, validate technical options, and lead/test signoffs.

1. Master's or Bachelor's in Financial Engineering, Applied Finance, Computer Science, or related fields.
2. At least 3 years of experience with Murex Middle Office and Risk modules.
3. Knowledge of financial markets and derivatives, trade lifecycle management.
4. Proficiency with Linux, Unix, Shell Scripting.
5. Strong analytical, organizational, and communication skills.
6. Motivated to learn and proactive in approach.

• Seniority level: Executive
• Employment type: Full-time
• Job function: Information Technology
• Industry: Capital Markets

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