Vp, Alm Risk Control - Singapore - DBS Bank

DBS Bank

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Business Function
Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.

This role sits within the Assets & Liabilities Management (ALM) Risk Control team.

The role encompasses handling of controller duties, such as risk monitoring and control of business units as well as ad-hoc project assignments, with a focus on Commercial Book Market Risk.

Responsibilities

Perform risk assessment to ensure risks are actively identified with appropriate measurement, monitoring and control. Tasks include assessment of new product requirements and impact arising from new regulatory requirements.
Responsible for limit monitoring, investigation and escalation of breaches. Liaise with business partners to understand proposed strategies.
Perform risk profile and stress testing analysis for internal and regulatory reporting.
Assess and participate in commercial book market risk capture system enhancements.

Key Accountabilities:

Handle risk control and advisory matters such as new product assessments, limit monitoring, analysis and escalation.
Risk profile analysis and reporting to senior management.
Support adhoc regulatory / audit requests.
Participate in adhoc project assignments such as enhancement of reporting/source system changes/upgrades.

Requirements:

Minimum 8 years of working experience, of which, at least 3 years of relevant experience in market risk / asset liability management role in a bank.
Good understanding on prevailing regulatory requirements on IRRBB Standards.
Practical experience in data and system enhancements / implementation.
Excellent communication and interpersonal skills.
Good team player, resultoriented with strong sense of ownership.

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

Primary Location:
Singapore-DBS Asia Central

Job:
Risk Management

Schedule:
Regular

Employee Status:

Full-time

Job Posting:
Aug 17, 2023, 9:05:40 PM