Market Risk Officer

Job Description

JOB PURPOSE

Plays a vital role in protecting the organization from potential market-related losses, ensuring compliance with regulatory standards, and actively monitoring & reporting risk limits to maintain a sound risk management framework. This role demands an understanding of financial markets and analytical skills that help in safeguarding the organization's financial health.

DUTIES & RESPONSIBILITIES

§ Conduct quantitative and qualitative assessments of market risk factors, including interest rate risk, foreign exchange risk, equity risk, and commodity risk.

§ Monitor market risk exposures to ensure they remain within established risk limits and take prompt action in cases of limit breaches.

§ Monitor daily treasury group activity and report movements at the portfolio level.

§ Generate market risk position reports to maintain effective oversight on market risk exposure.

§ Keep oversight on traders dealing limits and review their end-of-day activity report/deal summary report.

§ Perform stress tests and scenario analyses to assess how extreme market conditions could affect the organization's financial position.

§ Analyze historical market data and perform statistical modeling to forecast potential market movements and assess their impact on the company's portfolio.

§ Collaborate with trading desks and other relevant departments in implementing strategies to mitigate market risk.

§ Stay updated on market developments, economic indicators, and industry trends that could impact the organization's risk exposure.

§ Effectively communicate market risk findings and strategies to various stakeholders, including senior management, traders, and compliance officers.

§ Analyze the balance sheet to ensure all market risks are identified and understood

§ Coordinate with different (internal) departments to ensure automation and enhancement on market risk reporting, their accuracy, and timeliness, and ensure these systems remain up-to-date.

§ Develop Market risk reports for Risk Committee.

Preferred Candidate

Degree

Bachelor's degree / higher diploma