Team Lead, Market Risk at Talenture

Job Description

• Oversee the enforcement and implementation of market risk management policies and governance frameworks
• Review and develop strategies to align the organisation's market risk management policies, frameworks, and activities with regulatory requirements
• Conduct training on market risk-related topics to develop team member's risk literacy and awareness
• Oversee the implementation of valuation modelling and analysis of market risk
• Implement and enforce market risk limit for all risk-taking business units
• Develop strategies and methodologies to mitigate potential market risk which may be beyond the organisation's risk appetite
• Conduct assurance checks on risk modelling outputs for accurate assessment of controls and risk monitoring activities
• Analyse identified legislation to determine its impact on the organisation's risk exposure and risk control requirements
• Conduct scenario analysis on potential extreme market events to identify impact on market risk to the organisation
• Conduct preliminary review and validation of valuation modelling and analytics findings to identify risk management-related insights Review risk analysis and stress testing reports to ensure accuracy of reports and propose preliminary risk mitigation strategies
• Review and ensure market risks are adequately addressed for new products, as part of new product approval processes
• Review reports and/or presentations of financial forecast findings to explain the risk positions of products
• Identify irregular market exposure positions across the organisation
• Develop regulatory reports on market risk management positions
• Serve as a market risk subject matter expert to the business.
• Develop others' understanding of market risk management through thought leadership, mentoring, and coaching.
• Interpret relevant legislation and regulations, legal documents, standards, and codes of practice relevant to the business units and their implications

Requirements

• Minimum of seven (7) years working experience in the financial services sector
• Bachelor’s Degree in Finance, Accounting, Economics, Business Administration or Legal (Master’s Degree is an additional advantage)
• Local and international certifications in Risk management, such as Certificate in Risk Management (CIRM)
• Knowledge and experience in risk functions including market, liquidity, capital etc.A broad understanding of the regulatory environment and compliance issues.
• Demonstrates ability to interpret facts, patterns, and trends to reach evidence-based decisions on the nature of risks and opportunities
• Demonstrates understanding of different report types that are available and what is required for various stakeholders.
• Demonstrates understanding of the financial reporting process and risk standards.
• Understands and is familiar with regulations and associated company policies related to internal controls and governance.
• Aware of areas of high fraud risk (e.g., procurement, contracts, payments).
• Decision making skills