Advise management on traded market risk arising from activities of business units, and develop risk management processes to mitigate these risks and enable conscious and responsible risk-taking
Ensure traded market risk taken by Business Units complies with the letter and spirit of the Group Risk Appetite Framework and support top-down Management targets
Offer value-added advice to front office on risk management and business matters so that Business deems IBMR as a business partner and not a mere compliance functions
Foster a mutually respectful relationship between Market Risk and the trading business / all external stakeholders.
Advise management on potential market risks arising from the activities of business units and take measures to pre-emptively address these risks.
Ensure all material traded market risks are identified, measured, managed and communicated.
Develop and maintain risk measurement methodologies, risk limit and control framework.
Monitor compliance with trading activities within risk limits and policy, ensure all breaches are investigated, documented, communicated and remedial actions are in place
Provide analysis and commentary for market risk, profitability and business issues.
Ownership (including discretionary changes) of market data inputs and scenarios shocks in risk systems.
IBMR lead for risk assessment of new product development and product variations for trading instruments.
Develop subject matter expertise in one asset class (fixed income, FX, equity and structured products) and risk management techniques and tools.
Develop the ability to relate market developments and movements to potential risk implications to AmBank Group traded market risk portfolios.
Ensure product manager under supervision receives adequate training and knowledge transfer to perform his/her role.
Job Requirements
Degree in Mathematics, Banking, Finance, Economics, Accounting or any other related field.
5-7 years experience in traded market risk or a related field
