Risk Manager (Securities Brokerage)

We are seeking an experienced Risk Manager to join our securities brokerage business in Singapore. The role is responsible for overseeing the firm’s overall risk management framework, ensuring effective identification, assessment, monitoring, and mitigation of risks across trading, operational, market, credit, and compliance risk areas.

This role also provides regional leadership and oversight of risk team members in both Singapore and Malaysia, ensuring consistent risk standards and governance across entities.

Key Responsibilities

1. Risk Management Framework

• Develop, implement, and maintain the firm’s enterprise risk management (ERM) framework.
• Ensure risk policies and procedures are aligned with regulatory requirements and business strategy.
• Regularly review and enhance risk controls to reflect market and business changes.

2. Market & Trading Risk Oversight

• Monitor trading activities across brokerage platforms to ensure adherence to risk limits.
• Oversee market risk exposures including derivatives, equities, and structured products.
• Review margin requirements, leverage usage, and client exposure limits.

3. Credit & Counterparty Risk

• Monitor client credit exposure and margin financing activities.
• Assess counterparty risk exposure and ensure adequate safeguards are in place.
• Work closely with operations and finance teams on risk escalation and mitigation.

4. Operational Risk Management

• Identify and assess operational risks across business processes and systems.
• Ensure proper incident reporting, investigation, and remediation.
• Maintain internal control standards and risk mitigation procedures.

5. Regulatory Compliance Support

• Work closely with compliance teams to ensure adherence to MAS regulations and applicable regional requirements.
• Support regulatory audits, inspections, and reporting requirements.
• Ensure risk policies are aligned with regulatory expectations for brokerage operations.

6. Regional Team Leadership (Singapore & Malaysia)

• Supervise and guide risk team members in both Singapore and Malaysia.
• Ensure consistent application of risk policies across regions.
• Provide training, mentorship, and performance management for regional team members.
• Coordinate cross-border risk monitoring and reporting activities.

7. Reporting & Governance

• Prepare regular risk reports for senior management and board committees.
• Provide risk insights and escalation of key risk issues.
• Support risk committee meetings and governance processes.

Requirements

• Bachelor’s degree in Finance, Risk Management, Accounting, Economics, or related discipline.
• Minimum 6–10 years of experience in risk management within securities brokerage, investment banking, asset management, or financial services.
• Strong understanding of market risk, credit risk, and operational risk in brokerage environments.
• Familiarity with margin trading, derivatives, and electronic trading platforms.
• Experience working in a regulated MAS environment (Singapore) is highly preferred.
• Proven leadership experience managing regional or multi-country teams.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication and stakeholder management skills.
• Ability to work in a fast-paced, high-volume trading environment.