Market Risk Officer (Interest Rate Risk & Treasury Risk Management, Bank)

We are seeking a Market Risk Officer to join the Risk Management Department of a banking institution.

The successful candidate will be responsible for monitoring, analysing, and controlling market risk exposures, with a focus on interest rate risk in the banking book (IRRBB), treasury risk, and market risk limits monitoring.

This role involves performing risk analysis, stress testing, limit monitoring, data validation, and regulatory reporting, while working closely with Treasury, Front Office, Risk, Finance, and senior management stakeholders.

The ideal candidate should have strong knowledge of market risk management, treasury products, derivatives, and banking book risk metrics, with strong analytical and stakeholder management skills.

Key Responsibilities

• Evaluate and monitor interest rate risk in the banking book (IRRBB)
• Analyse market risk exposures across treasury trading and banking book portfolios
• Monitor key risk metrics including PV01, VaR, EVE, NII, and stress loss impacts

• Perform market risk limit monitoring, limit utilisation tracking, and periodic limit review
• Ensure all trading and banking activities operate within approved risk appetite and limits
• Escalate and report limit breaches and risk exceptions in a timely manner
• Work closely with Treasury and Front Office to resolve risk breaches

• Conduct regular stress testing and scenario analysis on market risk exposures
• Analyse impact of interest rate movements, FX volatility, and market shocks
• Support ICAAP / IWST / regulatory stress testing exercises
• Provide insights on risk sensitivities and potential portfolio impacts

• Prepare timely market risk reports for management and regulatory purposes
• Produce daily / weekly / monthly risk dashboards and MI reports
• Prepare materials for Risk Management Committees and ALCO meetings, including:presentation slidesrisk analysis summariesmeeting minutes support

• Perform risk data validation and reconciliation across systems
• Support development and enhancement of risk reporting tools, templates, and dashboards
• Assist in automation initiatives using Excel, VBA, or system enhancements
• Improve data quality and ensure accuracy of risk reporting inputs

• Work closely with:Treasury Front OfficeMarket Risk teamFinance and ALM teamsIT / System teamsSenior management and committees
• Provide clear explanation of risk metrics, exposures, and breaches

• Support compliance with MAS regulations (including MAS 637), IRRBB requirements, and Pillar 3 disclosures
• Assist in regulatory submissions and audit requests
• Ensure adherence to internal risk governance and control frameworks