- Generating trading risk reports timely and accurately
- Daily analysis of market risk position exposures and sensitivities, as well as limit monitoring for all products including interest risk, FX, commodity and equity risk asset classes
- Perform VaR, stress testing and backtesting, including ICAAP and regulatory stress test
- Prepare monthly reports, ALCO report, market risk capital report and management executive summary for trading book
- Works with Front Office traders, Business Management Support, IT, Finance, Back Office and Head Office on any issues related to market risk
- Responsible for market risk monitoring tools development and reporting process enhancement
- Participate in projects, process change, treasury system UAT and new product testing
- Assist in regular review of market risk limit and mandate to ensure adherence to market risk policies and guidelines.
- Assist in timely review of market risk policies, guidelines and risk governance process to ensure adherence to market risk framework
- Degree with major in Risk Management, Financial Engineering, Quantitative Finance/ Economics, Actuarial, Statistics, Engineering or related discipline
- Ideally someone with 1 - 5 years of experience within market risk or trading risk management
- Proficiency in VBA programing is definitely a MUST. Strong knowledge in MS Office application e.g. Excel
- Knowledge of treasury product pricing, market risk methodology and trading risk attribution
- Experience with front office treasury system application and risk sensitivity testing
- Experience with market risk system application and reporting tools development
- Strong quantitative skills, IT savvy with good technical/ analytic mindset, possession of good communication and problem-solving skills
- Self-starter, ability to work independently and a dynamic team player. Ability to multi-task and work well under pressure with commitment to deliver
Market Risk Management, Risk Management - Kuala Lumpur, Malaysia - United Overseas Bank
Description
Market Risk Management, Risk Management
Posting Date: 15-May-2023 Location:Kuala Lumpur, Wilayah Persekutuan, MY
Company: United Overseas Bank (Malaysia) BhdAbout UOB
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices.
Our history spans more than 80 years. Over this time, we have been guided by our values — Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.
About the Department
The Credit and Risk Management function is comprised of three teams: Risk Management, Credit and Special Asset Management. We manage the risks arising from the Group's business activities within the risk appetite established by the Board. This involves identifying and evaluating the risks, developing effective risk governance and strategies as well as providing independent assessment of the overall risk profile.
Job Responsibilities
Job Requirements