Responsible for accurate and timely preparation of risk reports and market data update. Monitor trading activities against approved limits (e.g. VaR, stop-loss, position limits)
Provide independent second-line oversight over front office trading activities and challenge excessive or unusual risk-taking behaviour
Identify market risk concentrations, perform market risk analysis & monitor limit utilizations. Ensure timely escalation of limit breaches and remediation of actions.
Responsible for UAT testing of new products, system upgrades, change in model, change in curves/methodologies to ensure correct risk identifications, measurements, implementations, and reporting.
Perform annual review and alignment of risk policies/procedures to Head Office, incorporating local regulatory requirements.
Ensure adherence to market risk processes and regulations (e.g. Bank Negara Malaysia, MAS, Securities Commission where applicable)
Identify gaps/weaknesses in market risk processes and facilitate resolution of any governance, controls, audit & regulatory issues.
Support internal/external audit reviews and regulatory requests
Participate in process changes and initiatives of MRM.
Job Requirements:
Preferably more than 5 years experience in market risk management field.
Degree in Finance, Mathematics, Banking, Economics or related fields.
Working knowledge of Market Risk/Product Control processes and related Bank Negara Malaysia (BNM) regulatory requirements.
Good knowledge in Treasury products across asset classes with experience in handling discussion with traders.
Possess end-to-end process and control mindset. Ability to translate regulatory and policy requirements into operational workflows.
Proficiency in MS Excel, MS Powerpoint, MS Word, Bloomberg.
Familiar with front office systems (Murex), VBA and Power BI is an advantage.
Excellent team player with good communication skills.
