386 Market Risk Management jobs in Singapore

• REQ
• 26/08/2025
• Financial Risk
• Singapore, Singapore
• ING Bank

ING Wholesale Banking in Singapore

We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial eperts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client's perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.

Job Profile Summary

Trading Risk Management is responsible for the daily measurement, control and assessment of the market risk profile and profit & loss of the trading books and provides advice to senior management on risk positions. The department is arranged to mimic the financial markets business lines / asset classes structure within ING. This set up is further supported by global squads that work across locations focusing on a specific asset class / desk, and the team members are epected to be a part of such squads.

This role covers the market risk and product control responsibilities for the Credit Trading and Structured Financing desks that operate out of Singapore. It involves monitoring and reporting risk eposures against the bank's approved risk appetite, mandates and limits. In addition, product control activities like PL reporting, analysis and calculation of independent valuation adjustments / reserves are part of this role. The role sits under a wider team covering other asset classes. The team has a joint responsibility to deliver on the miscellaneous requirements for reporting/control and to participate in system project rollouts, regulatory deliverables and new product initiatives.

Job Responsibilities:

Recurring

• Ensure timely delivery of accurate daily VaR, Risk and P&L report.
• Perform Risk analysis independently and collaboratively within the team.
  Ensure trading limit ecesses are rectified/e- plained or escalated.
  Backtest the VaR and highlight/e- plain outliers.
• Ensure timely escalation & resolution of booking or market data errors, if any, that impact efficient risk management and valuations.
• Keep track of market developments/changes and its impact on trading strategy highlighting changes and issues to local management as well as direct discussion with Front Office personnel.
• Preparation of monthly risk meeting for Risk and P&L discussions among Front Office, TRM and Finance.

Others

• Participate in system enhancements and IT projects for the desk.
• Be a member of global asset class Risk squad that works across locations on deliverables around specific asset classes in a consistent manner.
• Support senior team members and the manager in any new product or one-off trade approvals.
• Provide market risk assessment to senior stakeholders in the business while also taking on ad hoc tasks, as allocated by the team lead.
• Independently engage with the traders for BAU Risk and PL matters.

What we're looking for:

• You have a Bachelor's/Master's degree in Finance, Business, or related fields (Economics, Mathematics, etc.).
  You have 3+ years of e- perience in Market Risk management.
• You have foundational understanding of linear derivatives and/or financing products (repos, TRS) including related market risk items like the Greeks & market data.
  You have good VBA knowledge, with ability to work with e- isting code and encode/troubleshoot simple VBA/macros, basic SQL knowledge is a plus.
• You have strong analytical skills and good communication skills.
• You bring a proactive mindset to work with a willingness to learn new products, processes and asset classes.

Your place of work

Eplore the area

Questions? Just ask

Nagushan Manickam

Bij ING willen we het beste uit mensen halen. Daarom hebben we een inclusieve cultuur waarin iedereen de kans krijgt om te groeien en een verschil te maken voor onze klanten en de samenleving. Diversiteit, gelijkheid en inclusie staan bij ons altijd voorop. We behan iedereen eerlijk, ongeacht leeftijd, geslacht, genderidentiteit, culturele achtergrond, ervaring, geloof, ras, etniciteit, beperking, gezinssituatie, seksuele geaardheid, sociale afkomst of wat dan ook. Heb je hulp nodig of kunnen we iets voor je doen tijdens je sollicitatie of gesprek? Neem dan contact op met de recruiter die bij de vacature vermeld staat. We werken graag samen met jou om het proces eerlijk en toegankelijk te maken. Lees hier meer over hoe wij staan voor diversiteit, inclusie en erbij horen.

As a Global Markets Professional, you will be working closely with clients to facilitate buying and selling of financial instruments. This role involves extracting market data from various sources to inform decisions across the business.

1. This position requires strong analytical skills to provide clients with information on recent market trends and offer trades at competitive prices.
2. You will be responsible for promoting products and trading opportunities to clients based on their individual needs and investment styles.

We are looking for individuals with excellent communication skills, both written and verbal. Proficiency in financial software and systems is also essential.

This role offers a comprehensive benefits package, including professional development opportunities and a competitive salary.

This is an exciting opportunity to join a dynamic team and contribute to the success of our Global Markets business.

We are seeking a talented Financial Markets Trader to join our team. As a key member of our organization, you will be responsible for executing derivatives and forward/future contracts trading instructions.

To excel in this role, you should possess a minimum Bachelor degree in finance, economics, math or a related field. Strong knowledge of financial markets, eagerness to learn and adapt in a fast-paced environment is essential. Basic knowledge of futures and options is also necessary.

This position offers a clear career development path with structured training and mentorship. Our traders work with cutting-edge AI tools in a dynamic, collaborative environment that fosters innovation and growth. If you have experience with hedging, derivatives, strategy development, algorithmic trading, structured products, valuation, dynamics, proprietary trading, risk management, economics, mentorship, or team-oriented approaches, we want to hear from you.

Join a leading financial services firm in Singapore as a Front-End UI Engineer and play a key role in shaping innovative, high-performance digital products. You'll collaborate within a dynamic Agile, cross-functional team, taking ownership from design to deployment, and championing Continuous Integration, Deployment, and Improvement.

This is an opportunity to work on cutting-edge technology in a supportive, growth-focused environment, where your expertise in UI engineering and passion for building exceptional user experiences will have a real impact.

• Partner with Architects/Principals to build UI front end solutions aligned with IT strategy.
• Mentor and support team members.
• Collaborate with QA to ensure quality delivery through testing, reviews, and best practices.
• Experiment with technologies and methodologies to identify optimal solutions.
• Deliver against functional and non-functional requirements.
• Take ownership of key features, driving them to completion.
• Communicate progress effectively, raising blockers early to minimize delays.

• UI Engineering expertise: React (16–19+), Typescript (4/5+), JavaScript (ES6+), GraphQL Apollo 3.8+, HTML5, CSS, OOP design principles.
• Strong experience with UI libraries (Material UI, Ant Design).
• Test automation (Selenium, Cypress, or similar); integration and regression testing.
• Performance optimization and web security best practices.
• Build tools: Webpack, Vite; CI/CD pipelines; GitHub/GitLab.
• Code quality tools (SonarQube) and issue tracking (Jira).
• UX/UI design with cross-browser compatibility.
• Agile delivery experience, excellent communication, and collaboration with remote teams.
• Full SDLC involvement from design to post-release support.
• Strong attention to detail, problem-solving, and ability to manage multiple priorities.
• Design collaboration tools (Figma).
• Knowledge of financial/trading platforms.
• .NET Framework and relational database experience.
• API development, AWS services, serverless, microservices.
• TDD/BDD methodologies.
• Storybook for UI component design.

Attach your Resume ASAP, Interviews being arranged from 15/09 onwards

Adam Davies

Partner

Technology 'recruitment & search'

Menrva Group, Singapore

Registered Agent R

Company EA License 19S9808

Company Registration K

Business Function

As an Asian leader in treasury operations, DBS Global Financial Markets (GFM) extends a broad range of capabilities ranging from trading, structuring and sales in foreign exchange, interest rates, money market, credit, equity, commodities, bonds, derivatives and securities. We are a key player in various regional markets and actively make market, structure, originate, innovate and distribute a wide range of products.

Our extensive network in Asia and our growing Asian focused franchises helps expand our product outreach and deepen product penetration. Altogether, our specialists are working across our expanding branch network to offer a full range of products and exceptional levels of services to clients investing and hedging in the global markets.

Responsibilities

• Operate in the front office as a licensed representative of a fund manager
• Maximize fund performance with the best execution of orders in an accurate and efficient manner
• Monitor risks in the portfolio
• Gain exposure to portfolio construction, positioning, re-balancing and monitoring
• Support all aspects of risk and control environments
• Liaise with internal teams (Finance, Risk and Compliance) to ensure approach is consistent with global practices for controls, oversight, risk and portfolio management
• Ensure the accuracy of the Net Asset Value
• Assist in corporate action election andin ad hoc tasks, where necessary

Requirements

• Bachelor Degree in a related discipline with at least 2 years of experience in the finance space and some product knowledge in Fixed Income, Equity and Derivatives.
• An understanding in fund structures will be an advantage. Candidates who have an aptitude to numbers, spreadsheets and problem solving, are strongly encouraged to apply.
• Independent, with good communication and coordination skills
• Prepared to lead operational improvements and change
• Self-starter with the ability to work independently with minimal supervision
• High proficiency in Microsoft Excel and experience with automation tools (e.g. VBA, Python, etc.) would be an advantage
• Thrive in a fast-paced environment where every day presents new challenges and adept at multitasking

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

ASSET_MANAGEMENT

Business Function
Global Financial Market Operation (GFMO) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In GFMO, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Job Purpose
We are looking for candidate who are highly motivated and a team player to support GFM on Fixed income, FX & OTC derivatives products etc.
Key Accountabilities
Provide end to end OTC transaction life cycle reporting support for T&M derivatives products
Ensure confirmation accuracy and timely issuance
Risk Control, reduction in ageing confirmation and eliminate/refine legacy processes
Build a data driven culture with data analytic capabilities
Support new products initiatives on existing/new system capabilities
Responsibilities
Coverage
Core: Trade Confirmation issuance, Trade Confirmation Affirmation, Trade Events Notification
Secondary: Trade Repository Reporting, Central Password Issuance, Advisory on ISDA Negotiation related to Operations, Board Resolution Documentation, MIS reporting
Service Support Centres: Hub (Sin) Spokes (Branches: HK, SE, TW, LON, Labuan), (Subsi: HK, TW, CN, Macau, IN, Sin Holdco)
Clients Base: Inter-bank, Fictive ( FI, Insurance etc), Corporate Treasury Product Assets
Classes: Vanilla FX spot, Money Market, Structured Loan/Deposits (CLI, PCI), Fixed Income, OTC Derivatives for FX, Rates, Equity, Carbon, Crypto and Commodity.
Trade Confirmations issuance
Trade economic affirm on executed trades without trade sources (Reuter, email trade execution, Term-sheet, Broker etc)
Run trades execution report to account for the trade confirmation issuance
Draft those trade confirmations not on Swift or Electronic Affirmed trades. Ensure the right ISDA template to use as per the Fx & Derivative Documentation Policy
Monitor the queue of the Electronic Affirmed Platform to confirm all trades, investigate and escalation for those do not affirm
Validate the paper trade confirmations, register the trades in Control List and deliver the trades confirmation in Ideal 3, Email attached Doc, Post mail
Reconcile auto-generate paper trade confirmations and release them accordingly
Record trades not draft/release by T 1with comment on cause of delays in DCFC and ORMU Weekly Report
Follow up those dispute trade confirmations not issue in DCFC, WCFC/MCFC and escalate with report per Escalation Ladder Matrix.
Password protected on all trade confirmations delivered by Email doc attached
Scan and Library the Out-going trade confirmations respectively
Trade Confirmation Affirmation
Check and affirm all incoming trade confirmations in Risk System, MX, BO Confirm status
Investigate on the discrepancies and escalate to the respective stakeholder for action. Record the Disputed Trade Confirmation in the Confirmation Database for monitoring and follow up actions.
Trace on those trade confirmation not receive/not acknowledge accordingly and escalate per Escalation Ladder Matrix.
Weekly reporting on those unaffirmed aged trades to Team Lead/Manager and respectively Spokes for action/escalation
Scan and Library the affirmed trade confirmations
For inter-entity trades where trade confirmations need not be issued, run the inter-entity Trade Reconciliation, check on the unmatched and mismatched trades, investigate, raise/trace for trade match. Escalate on those aged items.
Run and investigate on the reconciliation between the Electronic Affirmed trades in Electronic system e.g. MarkitWire, Dsmatch with Risk System MX. Escalate on aged unsolved items
Engage Business, Sales, Traders, RMs on those aged unaffirmed trade confirmations with follow up action register in the Doc Database
Signature verification per Signature Mandate of Clients’ Board Resolution for those returned corporate paper confirmations. Investigate and follow up on any irregular signatories etc.
Prepare the weekly Unaffirmed Aged Confirmation Report for escalation and tracers
Prepare the monthly trended Unaffirmed Aged Confirmation Report to ORMU with comment.
Trade Events Notification
Extract the trade events execution from Risk System, MX. Match with trade source, prepare the Notification
Any dispute, investigate and escalate to the respectively traders/Sales and Processing Team
Monitor and register all aged the unaffirmed Notification for escalation
Scan, release, signature verification and Library on those outgoing and returns trade Notifications
Issuance of Failure to Pay (FTP) and monitor the acknowledgement
Issuance of Novation Letter for Assigned trades. Reconcile the Assigned trades with Transferor
Manage the documentation and execution for trade compression by triOptima-triResolve
Attend to Corporate/Credit Events documentation issuance and affirmation per ISDA protocol and or Industry practice.
Secondary Central Password Issuance
Cover for Hub and Spokes. Each clients will be issued a single password to be use by all teams (Hub/spokes) to protect the documents
Generate , issue and controlled the registered the Password
Manage the renewal per the Email Policy and ISS Password Issuance Guideline
Attend and investigate on the any Password dispute.
Advisory on ISDA Negotiation related to Operations
Review and approve on all deviations on ISDA negotiation on-boarding related to Trade Confirmation
Update ISDA Agreement to Risk System MX. Include the other Master Agreement being DBS Master, etc.
Facilitate the negotiation of ISDA on-boarding by furnishing details of live trade o/s to Legal
Engaging and negotiating supplementary Master Agreement with ISDA counterparts to facilitate trade confirmation in compliance to ISDA confirmation issuance by Swift.
Trading Account Opening –Board Resolution (BR) Documentation
Read and manage the Board Resolution related to Trades terms for acknowledgement
Clarify and trace with Relationship Manager for missing board resolution
Furnish aged report on missing and disputed board resolution to trades term to COE Clients and RM/Sales.
Library all the board resolution Documentation
Client Support on Trade Confirmation Related issue by Spokes
Attend to Query by Spokes
Investigate and assisted Spokes on issue related to Trade Confirmation, Password issuance and Risk reporting
Requirements
Preferably Degree holder in Banking and Finance
Min 1-3 years of banking experience
Experience in various back-office operation functions which includes processing, reconciliations, confirmation, etc
Good understanding of the end-to-end transaction lifecycle of OTC products
Proficient in MS Excel, VBA and Python are added advantage
Good understanding of GenAI
Team player who can work independently
Able to work in fast paced environment
Willing to work on splits Ops locations
Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
#J-18808-Ljbffr

Job Description - VP, Operational Risk, COO Office, Global Financial Markets (WD78268)
Business Function
As a leader in treasury operations, DBS provides extensive capabilities in foreign exchange, derivatives, money markets, and securities trading for corporate and financial institution clients. DBS engages in a comprehensive range of product offerings, including foreign exchange, interest rates, and structured derivatives.
Global Financial Markets (GFM) delivers holistic solutions to address clients' hedging and investment needs, with a strong regional focus. GFM has a proven track record in providing innovative wealth management solutions to individual investors. The unit is a market leader in SGD and regional products, supported by excellent, customer-driven research capabilities and cutting-edge risk management technology and systems.
Responsibilities
Lead and facilitate Risk Reviews with business stakeholders, highlighting key risk and control issues and trends.
Design, implement, and conduct Quality Assurance Reviews on critical controls to ensure process effectiveness.
Champion and cultivate a robust risk culture across Global Financial Markets (GFM).
Provide operational risk oversight and support for all GFM locations.
Develop, maintain, and effectively communicate operational risk documentation, including mandates, policies, standards, and process maps, within the unit.
Ensure rigorous implementation and compliance with operational risk policies and standards, escalating significant issues to unit management as required.
Drive the automation and digitalization of Risk Control monitoring and reporting processes.
Collaborate with business and support units to enhance processes and systems, supporting product and business requirements in sales, trading, new product development, and operational risk areas.
Initiate and implement improvements to front office processes to ensure adherence to internal policies and regulatory requirements.
Requirements
A minimum of 10 years of professional experience, preferably within a treasury environment.
Comprehensive understanding of treasury products and the associated operational risks within the treasury landscape.
Direct experience and knowledge of Global Markets businesses in areas such as Product Control, Middle Office Operations, and Risk is highly desirable.
Demonstrated ability to think strategically while also ensuring end-to-end execution.
Excellent written and oral communication skills, with the ability to interact effectively with individuals at all organizational levels.
Sound organizational skills and a disciplined approach to planning and delivering against deadlines.
Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
#J-18808-Ljbffr

• REQ
• 23/09/2025
• Trainee
• Singapore, Singapore
• ING Bank

Why ING?

The world of banking is changing faster than ever. That's why we at ING are always broadening our horizons. Our people have a forward-thinking mentality, a strong can-do spirit and enjoy working in an agile environment.

ING in Asia Pacific

In Asia Pacific, ING offers wholesale banking across 11 markets, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, the Philippines, Singapore, South Korea, Taiwan, and Vietnam.

ING offers both retail and wholesale banking services in Australia. ING's regional presence includes a 13% stake in Bank of Beijing, China and a 30% stake in TMBThanachart Bank in Thailand.

Singapore is the regional headquarters for ING's Wholesale Banking (WB) business in Asia, which includes all WB business lines such as Financial Markets, Strategic Products, Sectors, Lending and Transaction Services and other support functions.

Function Overview

We offer different internship opportunities in different departments and locations of our Wholesale bank. This vacancy focuses on positions within the Financial Markets (FM) And Group Treasury (GT) Product Control function.

Product control is critical to safeguarding financial integrity and regulatory compliance, managing operational risks, and enabling informed decision making across trading activities. Under Product Control, the team ensures that the valuation of financial instruments, balance sheet, and profit and loss of trading and banking books within Financial Markets are measured, controlled and reported in accordance to IFRS accounting and regulatory standards.

Duties and responsibilities

Singapore is the regional hub for ING, including for product control activities. There are a number of different Financial Markets and Group Treasury desks controlled/supported by Product Control including Rates, Money Markets, Credit, F, Commodities, Structured products, Non-linear derivatives, etc.

The internship would cover:

• Daily P&L reporting and risk-based P&L analysis in terms of market risk factors
• Working on ad hoc ongoing projects related to product and valuation control
• Consolidation of Daily P&L reporting for the Asia region.
• Assisting the team lead in specific valuation and P&L analysis as and when required

There would be eposure to policies and procedures governing this desk, which in turn are based on a number of items including SO, key control testing, audit, IFRS accounting standards, regulations, bank's risk management philosophy, current economic climate, etc.

What do we ask of you? (Skills & Specifications)

• Major in Finance/Accounting and/or Quantitative Finance streams (is a plus)
• Good written and oral communication skills
• Should have sufficient knowledge of MS Ecel
• VBA / coding knowledge is a plus
• Compliance and integrity
• Good time management and adaptability
• Collaborative and be pro-active in helping the team

What would you gain from this internship?

Eposures to various Financial Market and Group Treasury businesses which includes their respective P&L attribution, product control and valuation management framework within the bank.

Need more information?

For information on ING Wholesale Bank, visit

For information on careers, visit

This is a si-month full-time Internship positionstarting from January 2026.

Your place of work

Eplore the area

Questions? Just ask

Jaya Bharath Patel

Bij ING willen we het beste uit mensen halen. Daarom hebben we een inclusieve cultuur waarin iedereen de kans krijgt om te groeien en een verschil te maken voor onze klanten en de samenleving. Diversiteit, gelijkheid en inclusie staan bij ons altijd voorop. We behan iedereen eerlijk, ongeacht leeftijd, geslacht, genderidentiteit, culturele achtergrond, ervaring, geloof, ras, etniciteit, beperking, gezinssituatie, seksuele geaardheid, sociale afkomst of wat dan ook. Heb je hulp nodig of kunnen we iets voor je doen tijdens je sollicitatie of gesprek? Neem dan contact op met de recruiter die bij de vacature vermeld staat. We werken graag samen met jou om het proces eerlijk en toegankelijk te maken. Lees hier meer over hoe wij staan voor diversiteit, inclusie en erbij horen.

Business Function

Group Operations enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group Operations, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

About the Role:

We are seeking a highly motivated and detail-oriented Equity Derivatives Operations Specialist to join our dynamic team. This role offers a unique opportunity to leverage your expertise in equity derivatives operations while exploring the potential of Generative AI to streamline and enhance our processes. You will play a crucial role in ensuring the accurate and efficient processing of transactions, while actively contributing to the development and implementation of AI-driven solutions.

AI-Driven Automation: Collaborate with in-house developers to design, develop, and implement a system to automate tasks systematically, robustly, and scalable. This includes exploring the use of Generative AI to optimize various aspects of the operational workflow.

Responsibilities:

• Regulatory Compliance: Develop a comprehensive understanding of US IRS 871m regulations and ensure all processes adhere to these requirements.
• Product Knowledge: Build a strong foundation in various equity products and positions, including cash equities, plain and exotic equity/index options, and share borrowing and lending.
• Collaboration and Business Understanding: Work closely with Treasury & Markets and Tax teams to understand business needs and incorporate these into operational processes.
• Transaction Processing & Reconciliation: Perform periodic documenting, reporting, and withholding tax calculations; execute checking and reconciliation procedures; and submit tax filings to the IRS. Actively seek opportunities to improve the calculation/reporting process through automation.
• Structured Product Deal Management:
• Manage the deal validation process for Equity Structured Products in Murex (Equity Linked Notes, Equity Accumulators, SIPs).
• Perform pre-settlement confirmations with counterparties and authorize payments via AMH.
• Execute fixing procedures to determine structured deal payoffs.
• Monitor valuation/expiration/barrier knocks for potential payouts.
• Reconcile nostro accounts and general ledgers, manage failed trades, and reconcile trade positions between T&M risk systems and other bank deposit systems.
• Configure instruments/indices.
• Create structured product calculators as a secondary control check.

Requirements

• Preferably Degree holder in Banking and Finance/ Accounting
• Minimum 3 years of banking/accounting/ tax experience, specifically in the equity derivatives operations
• Product knowledge of Cash Equities in global markets, plain and exotic equity / index option and share borrowing and lending
• Experience in various back-office operation functions which includes processing, reconciliations, settlements etc
• Good understanding of the end-to-end transaction management processes, predominantly in Structured products
• Knowledge in Funding and SWIFT MT540, MT541, MT542, MT543, MT202
• Ability to use MS Excel (and Excel macros), MS Access or VBA.
• Ability to work with large data sets
• Relevant knowledge of IRC Section 871(m) regulations will be an added advantage
• Team player who can work independently, collaborating with different teams and work under pressure/ tight timeline
• Willing to work on splits Ops locations.

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.