Financial/Energy/Commodity Risk Management roles

For more detailed information in relation to any of the undernoted positions please contact RMR Asia Pacific on +61 8232 0050 /1425 and/ or email your interest to This e-mail address is being protected from spambots. You need JavaScript enabled to view it  quoting job ref number, accompanied with your resume and cover letter.

Risk Manager (Market Risk), listed 16th July, 2009 ref RMROO2NA)

Commodities (Metals,Coal&Coke,Cotton,Coffee and Grains ) Singapore (ref RMROO2NA)

Senior Commodities / Market Risk Professional required for Global Supply Chain Management Organisation – position based in Singapore.

Our client is a market leader in managing the global supply chain of agricultural, industrial and energy products. They operate over multiple offices across the globe managing a diversified portfolio of essential raw materials, integrating the sourcing, marketing, processing, financing and transportation.

In Singapore our client’s primary product activities centre on the sourcing and exporting of metals,coal and coke, cotton, coffee and grains.

Reporting to the Asia Regional Risk Manager , Singapore Risk Manager is responsible primarily for providing independent identification, review, analysis and monitoring of the market risks of the Corporate trading desks across their Singapore operations.
Major responsibilities include working closely with traders and trading & management, quantitative, analytics and risk technology you will ensure the completeness and accuracy of the Value at Risk, Stress calculations and timely delivery of a daily oversight report explaining positions and movements in VaR; monitoring trades throughout the day to monitor their impact on positions against limits and look for any unusual activity.

The ideal candidate for this position will be someone who has had at least 5 years commodity trading experience gained within a trading house, energy company or bank and subsequently progressed their career specifically into a Market & Commodity Risk Management role.
Candidate will ideally have had extensive and diverse knowledge in commodity risk management
of Agri Soft.

Applicant will ideally have a good knowledge of Asian markets and will understand the risks and work with the trading desks to create monitor and analyse suitable limit structures, methodologies and movements and understand how this will impact the risks held by the desks.

Applicants who have had a commercial background prior to risk and/or are currently engaged as a senior market risk analyst within a commodity trading environment will be particularly well regarded and considered for this role.

REQUIREMENTS:

  • Bachelors degree in Maths / Science / Economics/ Finance / Business / Commerce (with quantitative component)
  • Solid product knowledge of a broad range of products especially metals , coal and coke, cotton, coffee and grains.
  • Experience in Market Risk, Front Office or very strong Middle Office for a trading related business
  • Excellent Excel skills incl VBA other programming skills would be and advantage
  • Very good communicator – evidence of ability to interact and present at all levels
  • Attention to detail and strong proven analytical background
  • Fluency in English a must.
Senior Analyst (VP) - Sovereign Risk Group, listed 15th July 2009 (ref RMROO3BR)

Minimum 5 years, Singapore (ref RMROO3BR)

Job Description

Key Responsibilities

  • Managing and maintaining a high profile portfolio of sovereigns.
  • Participating in the analysis of government-related issuers.
  • Performing and presenting fundamental credit analysis on a regular basis to rating committees for maintaining or changing credit ratings.
  • Writing regular research on credit trends for specific sovereign issuers.
  • Writing topical special comments and articles.
  • Participating in regular outreach event such as investor briefings, teleconferences, seminars and third party presentations.
  • Leading or attending analytical meetings with issuers.

Requirements

  • Degree in Economics, Finance, Business and/or Public Administration
  • 5-10 years of relevant work experience in macroeconomic, country risk or financial credit analysis
  • In-depth knowledge of regional, global economic and political issues as well as sovereigns in Asia and the Middle East
  • An understanding of country-specific regulatory environments
  • Strong quantitative aptitude and proven analytical skills
  • Strong verbal and written communication skills
  • Willingness to travel primarily in the Asia and Middle East regions, and occasionally elsewhere globally
Quantitative Data Analyst/Manager – Economic Capital, listed 15th July 2009 (ref RMR004BR)

Singapore (ref RMR004BR)

Job description

Data management, systems development and quantitative analysis within the bank’s Economic Capital function

Job responsibilities

  • Manage the process of extracting data across the Bank for use in Credit Economic Capital computation
  • Manage the execution of the Economic Capital engine using the Moody’s KMV Risk Frontier system
  • Analysis economic capital results to determine risk implications and communicate with senior management
  • Business analysis and project management for the implementation of improvements to the economic capital system
  • Over time, the candidate will develop a very strong understanding of economic capital and other modern risk measurement techniques
  • The role will involve frequent interaction with business stakeholders on a high profile initiative

Experience required

Academic and professional background:

  • At least 5 years experience in banking within a risk, finance or marking analytics function
  • Strong academic background with Bachelors in a numerate subject (Maths, Natural sciences, Finance / Business, Engineering etc), a relevant masters degree would be a plus
  • Good SAS and database management skills
  • Good process improvement and process control skills

Interpersonal skills:

  • Strong verbal & written skills
  • Work under pressure with high accuracy
  • Initiative, creativity and problem solving
  • Well organized self starter
  • Rapid learner with strong interest in risk management
(VP) Audit Manager / Senior Audit Manager for Group Audit - Consumer Credit Risk Review, 15th July, 2009

Singapore (ref RMR005BR)

Job Description

Roles and Responsibilities:

  • Participate in credit risk reviews to provide independent assessment of credit portfolio quality and credit risk management process
  • Participate in the credit risk review to provide independent assessment of the Bank’s internal process to ensure capital adequacy to cover credit risk exposures
  • Review credit portfolio data and provide independent assessment of the portfolio quality
  • Review internal credit rating systems and provide independent assessment on the robustness of the rating system
  • Interact with the respective Business Units to identify gaps and improve their credit risk management process
  • Participate in the development, maintenance and improvement of credit risk review methodology and procedures
  • Participate in special review assignments related to Credit Risk Exposure or Credit Risk Management process

Reporting to:

  • Head, Credit Risk Review

Requirements:

  • Minimum of 5-7 years experience in credit risk portfolio analytics
  • Understanding of credit rating model or quantitative/statistical techniques used in credit risk management
  • Understanding of Basel II requirements
  • Understanding of consumer or corporate lending risks and practices
  • Excellent people skills and good command of communication skills
  • Excellent report writing skills
Senior Associate/Associate, Member Supervision, listed 10th July 2009 (ref RMR006BR)

Singapore (ref RMR006BR)

Job Description

You will be part of the team involved in the regular monitoring of SGX's member firms. Your main responsibilities will include reviewing the financials of the firms, conducting inspections, and formulating regulatory policies on internal controls and new business models. In addition, you will have the opportunity to co-ordinate and undertake regulatory projects.

You should have a Degree in Accountancy, Business, Finance or Banking, and have at least 2 years' experience in audit or compliance, preferably in the securities and futures industries. We are looking for committed team players with excellent analytical and communication skills.Senior Associate/Associate, Member Supervision.

Accountant, listed 10th July 2009 (ref RMR008BR)

Minimum 3 years, Singapore (ref RMR008BR)

Job Description

Responsibilities

  • Prepare local office’s monthly financial submissions and US GAAP reconciliations.
  • Ensure conformity & compliance of internal control procedures and SOX requirements.
  • Prepare local statutory accounts and liaise with external auditors on statutory audits.
  • Participate in financial system rollout project and identify opportunities to automate processes wherever possible.
  • Key contact and support to the local country director on financials and controls.

 Requirements

  • Degree in Accounting with 5 to 7 years of experience in accounting and finance of which 2 years in external auditing preferably from MNC backrgound
  • Familiar with US GAAP and SOX compliance and requirements
  • Excellent communication and interpersonal skills
  • Ability to work independently and manage multiple tasks
  • Previous experience in using SunSystems Accounting and PeopleSoft a plus
Vice President, Member Supervision – Singapore, listed 10th July 2009 (ref RMR009BR)

5-15 years, Singapore (ref RMR009BR)

Job Description:

You will be assisting the Unit Head to monitor compliance with SGX rules and regulations via risk based audits and reporting reviews. You will be part of the team involved in the processing of membership applications and registrations. Your main responsibilities will include identifying and determining members, internal control weakness. In addition, you will decide on type of actions to be taken against Members for violation of rules as well as addressing Members queries on Rules and Policies.

Skills Required:

  • You should have a Degree in Finance and Accountancy or Business.
  • 8 years of relevant experience in the futures and securities industry.
  • Knowledge and application of Securities and Futures Act and Regulations.
  • Looking for committed team players with excellent analytical and communication skills.
Credit Risk Management Advisor (fluent Mandarin & English), listed 10th July 2009 (ref RMR010BR)

Singapore (ref RMR010BR)

Our client is seeking some to be able to provide regional institutional clients across Asia with risk management advisory solutions. This includes markets risk, credit risk and operational risk.
Our client is seeking some to be able to provide regional institutional clients across Asia with risk management advisory solutions. This includes markets risk, credit risk and operational risk.

You must have a strong grasp of general and overall risk management. In particular, you need the ability to obtain a clear understanding of our clients’ credit risk management structure and processes. The capacity to communicate the complexities of risk solutions to your clients is another key
component of this interesting role.

8-10 years’ of experience with a leading global financial institution, in credit risk management or related areas, are a must.

You also have a working knowledge of global risk regulation and frameworks,like BASEL 2, understand credit processes, policies and procedures, and have a solid grasp of credit monitoring and control functions.

Familiarity with credit risk rating methodologies and management systems is also essential.

FX & Commodities Structured Products Risk Manager, listed 10th July 2009 (ref RMR011BR)

Minimum 3 years, Singapore (ref RMR011BR)

Scope:

  • Daily risk management of the structured products business focusing on FX & Commodities
  • Using an in-depth practical understanding of the risk, hedging and model issues of FX and Commodities exotics, provide risk assessment of new products requests and the book’s positions
  • Use the knowledge to review and develop market risk methodologies, reporting and reserves
  • Analysis of requests for market risk limit changes & granting of temporary limit increases within delegated authorities.
  • Develop and maintain strong working relationships with the businesses and other support functions

Technical:

  • Graduate level qualification in a numerate, quantitative discipline e.g. mathematics, engineering, statistics, financial engineering
  • At least 5-7 years experience in market risk, quantitative risk, desk quant or trading from an investment bank. Relevant trading experience would be an advantage
  • Strong structured product knowledge at the level of valuation and risk management, particularly in the area of FX and commodities
  • A good quantitative understanding of pricing models, their applications and limitations is essential

Inter-personal:

  • Independent and confident to deal with front office traders
  • Likeable and affable personality that can communicate effectively with people of diverse backgrounds and experience in front and back office
  • A team player
  • Able to handle pressure and deliver high standard work tasks in a required timeline
Associate/Assistant Vice President, Group Risk, listed 10th July 2009 (ref RMR012BR)

Singapore (ref RMR012BR)

Group Risk is the central resource for quantifying and managing the portfolio of risks taken by the Group as a whole.

Responsibilities

  • Validation of retail risk management models, including score cards, risk pools segmentation and stress testing
  • Validation of Basel II PD, LGD and EAD models
  • Review business and credit risk in terms of portfolio and process risk points
  • Recommend action plans for gap closure of risk points pertaining to portfolio and processes
  • Perform regulatory literature review
  • Examine consumer banking policy guidelines.

 

Requirements

  • At least 3 years of relevant experience in retail credit risk management, specifically in the role of model development and/or validation
  • Experience in SAS programming, including ability to write macro language
  • Ability to work independently with moderate supervision
  • Good team player

Education Level: Bachelor Degree

Job Function: Risk Management

Job Type: Full Time , Permanent

Work Experience: 3 year(s)

Back Office Solution Consultant, 12th June 2009 (ref RMR013BR)

Minimum 3 years, Hong Kong and/or Singapore (ref RMR013BR)

Propose of the role:

Increase hit rate of the sales efforts through correct positioning of Summit product offering in the pre-sales cycle focusing on the key criteria of the prospect/client and leverage against competitors by understanding their weaknesses and monitoring their activity.

Accountability:

  • Establish credibility with the client, analysis of the client’s need and position Summit product modules appropriately to ease the sales process and optimise the efficiency
  • Organise and lead product demos and workshops to assure the competitive advantages of the Summit solution is understood by the prospect
  • Preparation of RFI/RFPs to assure the Summit products / modules are presented according to the key criteria of the prospect/client
  • Advice on best practice and technology, mentoring and advising throughout all phases of the sales cycle to ensure world class solution selection
  • Collaborate with sales representatives throughout the lifecycle of the sales campaign, including exploratory meetings, demonstrations, workshops, and gap analysis to assure consistency of messages

Requirements:

Academic and Professional Qualifications

  • Degree educated

Experience

  • At least 2-3 years of relevant banking experience, preferable in capital markets or related activity e.g. consulting to the banking industry
  • Been involved in the selection and implementation of a banking solution within a financial institution is a distinct advantage
  • Experience in financial service software consulting or pre-sales support
  • Strong knowledge of financial products in particular Derivatives, Credit and Fixed Income
  • Strong Knowledge of the Back Office processes (Settlement, STP workflow, Confirmation) of the above products and collateral management process
  • Strong knowledge of the trade and position (FIFO, WAPP, WABP) accounting, IAS Hedge Accounting
  • Programming in MS Excel using VBA scripting and macros
  • Ideal candidates will have superior troubleshooting skills, excellent communication and presentation skills in both English and Chinese.
  • Ability to work independently and in teams geared to individuals who are good in multi-task.

Travel Requirements

Intensive travel within the region as well as overseas

Front Office Solution Consultant, listed 12th June 2009 (ref RMR014BR)

Minimum 3 years, Hong Kong and/or Singapore (ref RMR014BR)

Purpose of the Role:

Increase hit rate of the sales efforts through correct positioning of Summit product offering in the pre-sales cycle focusing on the key criteria of the prospect/client and leverage against competitors by understanding their weaknesses and monitoring their activity.

 

Accountability:

  • Establish credibility with the client, analysis of the client’s need and position Summit product modules appropriately to ease the sales process and optimise the efficiency
  • Organise and lead product demos and workshops to assure the competitive advantages of the Summit solution is understood by the prospect
  • Preparation of RFI/RFPs to assure the Summit products / modules are presented according to the key criteria of the prospect/client
  • Advice on best practice and technology, mentoring and advising throughout all phases of the sales cycle to ensure world class solution selection
  • Collaborate with sales representatives throughout the lifecycle of the sales campaign, including exploratory meetings, demonstrations, workshops, and gap analysis to assure consistency of messages.

Requirements:

Academic and Professional Qualifications

  • Degree educated

Experience

  • At least 2-3 years of relevant banking experience, preferable in capital markets or related activity e.g. consulting to the banking industry
  • Been involved in the selection and implementation of a banking solution within a financial institution is a distinct advantage
  • Experience in financial service software consulting or pre-sales support
  • Strong financial mathematical and statistics background
  • Strong knowledge of financial products in particular Derivatives, Credit, Fixed Income, FX
  • Strong knowledge of risk management and financial modelling (financial engineer)
  • Strong Knowledge of the risk management measures such as hedge sensitivity, Value at Risk, PFE
  • Strong knowledge of the market and credit limits
  • Programming in MS Excel using VBA scripting and macros
  • Ideal candidates will have superior troubleshooting skills, excellent communication and presentation skills in both English and Chinese.
  • Ability to work independently and in teams geared to individuals who are good in multi-task.

Travel Requirements

Intensive travel within the region as well as overseas.

Senior IT Project Managers (Credit Risk / Treasury), listed 7th Jun 2009 (ref RMR015BR)

Minimum 5 years, Singapore (ref RMR015BR)

Position Description:

  • Hold overall responsibility and accountability for the overall management and delivery of banking application projects.
  • Work in partnership with front office, group risk, finance, operations and technology to deliver projects to agreed scope, schedule, budget and quality.

 

Principal Role:

  • Prepare project feasibility studies, cost-benefit analysis and proposals and obtain required approvals from appropriate IT management and project sponsors
  • Establish project plans, resources, budgets and time-frames, and assign tasks
  • Monitor, control and report on project progress, costs, issues and risk
  • Manage vendor relationship and deliverables
  • Supervise assigned resources, provide technical advice and guidance, schedule assignments and training for development, prepare performance appraisals
  • Coordinate plans and activities with business user and technology teams
  • Evaluate and recommend purchases of software packages, hardware and service vendors where appropriate
  • Ensure work deliverables are in compliance with bank policies and regulatory requirements.
  • Plan for and oversee preparation of user documentation, training and support in new/modified applications.

Domain Knowledge for Credit Risk Project Manager:

  • Basic core banking domain knowledge is essential
  • An understanding of Business Intelligence and Data Warehouse
  • Experience in implementations in the following areas:

> Risk applications, particularly Credit Risk
> Credit Processing applications
> Central Liability applications
> Business Intelligence / Data Warehouse – Teradata, Data Stage

Domain Knowledge for Treasury Project Manager:

  • Knowledge in Treasury products/processing is essential
  • Experience in the Murex and market/credit risks applications will be an added advantage
  • Possess technical knowledge in RDBMS, Unix, AIX

Position Reports to:

Senior Project Manager, Project Management Office

Qualifications / Experience

  • Tertiary education required
  • At least 10 years as Project Manager in Information Technology, a substantial part of which are in a financial organization
  • It is a requirement for the candidate to have managed sizeable projects, viz where project resources exceed 1000 man-days, or project cost exceeding S$ 3 mil, and have stakeholders from at least 2 business departments/divisions
  • Working experience in any Banking Operations department is an advantage
  • Certification or formal training in project management is an advantage.
Murex Support Analyst, listed 22nd May 2009 (ref RMR016BR)

Minimum 3 years, Hong Kong, Singapore (ref RMR016BR)

Job Description:

This role is ideal for an individual with a strong background in Investment Banking. As the title suggests, you will support the day to day issues of our clients existing Murex platform users in Asia.

The role calls for a self starter with excellent communication and inter personal skills. To be considered for this role, you must have experience working in a trading environment with preferably a degree in technology, business or finance. Essential are hands on knowledge of Murex Project Implementation and MX Trade Support with 5years + strong technology experience with Murex in an Investment bank - preferably in a Markets environment (Essential - Interest Rate Derivatives, Commodities, FX Options. Preferred - Equities, Credit Derivatives).

Strong problem solving skills combined with superior stakeholder management capabilities make you the perfect fit for this highly responsible role. Though not essential, experience in producing relevant project documentation would be termed an asset and as such will be well regarded.

Relocation benefits may be provided to those candidates living outside Singapore.

Latin America - Risk Manager , listed 20th June, 2009 (ref RMR018NA)

Agri Commodities (Oilseeds/Grain/Ethanol/Sugar )
Location – Sao Paulo, Brazil (ref RMR018NA)

Senior Commodities / Market Risk Professional required for Global Supply Chain Management Organisation – position based in Sao Paulo, Brazil.

Our client is a market leader in managing the global supply chain of agricultural, industrial and energy products. They operate over multiple offices across the globe managing a diversified portfolio of essential raw materials, integrating the sourcing, marketing, processing, financing and transportation.

In Latin America our client’s primary product activities centre on the sourcing and exporting of oilseeds, wheat, corn, coffee, sugar, ethanol and fertiliser trading and marketing.
In addition they own and operate sugar and ethanol production facilities along with various storage facilities across South America.

Reporting to the Head of Global Risk the Latin American Risk Manager is responsible primarily for providing independent identification, review, analysis and monitoring of the market risks of the Corporate trading desks across their Latin American operations.

Major responsibilities include working closely with traders and trading & management, quantitative, analytics and risk technology you will ensure the completeness and accuracy of the Value at Risk, Stress calculations and timely delivery of a daily oversight report explaining positions and movements in VaR; monitoring trades throughout the day to monitor their impact on positions against limits and look for any unusual activity.

The ideal candidate for this position will be someone who has had at least 5 years commodity trading experience gained within a trading house, energy company or bank and subsequently progressed their career specifically into a Market & Commodity Risk Management role.

Candidate will ideally have had extensive and diverse knowledge in commodity risk management
of Agri Soft.

Applicant will ideally have a good knowledge of Latin American markets and will understand the risks and work with the trading desks to create monitor and analyse suitable limit structures, methodologies and movements and understand how this will impact the risks held by the desks. This role is at executive management level and involves managing a small team.
Applicants who have had a commercial background prior to risk will be particularly well regarded.

REQUIREMENTS:

  • Bachelors degree in Maths / Science / Economics/ Finance / Business / Commerce (with quantitative component)
  • Solid product knowledge of a broad range of products especially grains and oilseeds, corn, soybeans, coffee, cocoa, sugar.
  • Experience in Market Risk, Front Office or very strong Middle Office for a trading related business
  • Excellent Excel skills incl VBA other programming skills would be and advantage
  • Very good communicator – evidence of ability to interact and present at all levels
  • Attention to detail and strong proven analytical background
  • Fluency in Portuguese & English a must.