As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
This is the broad job description of the job profile. Definitive job description should be reviewed and discussed between you and your manager.
Head, Treasury Risk Management
Why Join
As a Head, Treasury Risk Management at OCBC, you'll play a critical role in ensuring the bank's financial stability and resilience. You'll work closely with various stakeholders to identify, assess, and mitigate market risks, and contribute to the development of strategies that drive business growth. This is a challenging and rewarding role that requires strong analytical skills, business acumen, and a deep understanding of market dynamics.
How you succeed
To succeed in this role, you'll need to stay ahead of the curve in terms of market trends, regulatory requirements, and industry best practices. You'll work collaboratively with cross-functional teams to identify and assess market risks, and develop effective risk management strategies. You'll also need to communicate complex risk issues to senior management and other stakeholders, and provide actionable recommendations to inform business decisions.
What you do
- Responsible for accurate and timely preparation of management and risk committee dashboards.
- Perform annual review and alignment of risk policies to Head Office, incorporating local regulatory requirements.
- Perform back-testing and stress-testing on the bank’s market risk exposures and assess its results. Troubleshoot any observed irregularities from the Murex system.
- Review stress test parameters and implement stress testing program to comply with regulatory & internal requirements.
- Review and calibrate parameters/limits for new methodologies/market risk measurements in alignment with Group.
- Evaluate new product or product variation proposals and ensure the relevant market risk concerns are fully addressed before sign off on product approval & product launch.
- Perform market risk simulations to assess potential limit utilization on impending deals.
- Identify market risk concentrations, perform market risk analysis & monitor limit utilizations. Escalate any market risk concerns to appropriate parties in a timely manner.
- Identify & initiate development/refinement of market risk information, measurement, assumptions & risk analysis for assessment at granular levels.
- Identify gaps/weaknesses in market risk processes and facilitate resolution of any governance, controls, audit & regulatory issues.
- Responsible for UAT testing of new product, change in model, change in curves/methodologies to ensure correct risk identifications, measurements, implementations, and reporting.
- Perform FRTB analysis and ensure correct implementation and measurement of FRTB results.
- Participate in regulator requests, audit exercises, process changes and initiatives of MRM.
Who you are
- Preferably more than 8 years experience in market risk management field.
- Degree in Finance, Mathematics, Banking, Economics or related fields.
- Additional professional qualifications such as CFA or FRM will be advantage.
- Working knowledge of Market Risk/Product Control processes, FRTB, and related Bank Negara Malaysia (BNM) regulatory requirements.
- Strong knowledge in Treasury products across asset classes in terms of pricing and risk measurements.
- 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 terminals. Knowledge in VBA is an advantage.
- Familiar with front office systems (Murex) is an advantage.
- Strong people skill and excellent team player.
- Excellent planning, organizing & coordinating skills. Good interpersonal, communication, presentation & negotiation skills. Good spoken and written English with policy/report writing skills.
Who We Are
As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation.
But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.
What we offer
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
Top Skills
What We Do
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.
OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.
OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
