Market Risk Manager - Standard Chartered Bank

Job Description

To identify, measure, limit and monitor market, liquidity and applicable trading risk exposures taken in-country.

Key Roles & Responsibilities

• Support Regional Manager in providing leadership, set direction and oversee the market risk function in area of responsibility. 
• Develop proactive engagement with business in pursuit of balanced risk / return positions via discussions on market, liquidity and applicable trading risk limits. 
• Advisory capacity for Market Risk limits (trading, ALM and Liquidity) and on limits issues (applications and excesses). This includes monitoring the applicability of the limits, policies and procedures to the local context. 
• Ensure all market risks activities are identified and monitored on a timely basis. This includes timely investigation and reporting of limit excesses for approval by the Regional/Group office. 
• Review and analyze key exposures, limits and their utilisation in view of prevailing market conditions. 
• Implement Group Market Risk Price and Liquidity policies as well as Group Treasury policies on FTP & Liquidity. 
• Develop proactive engagement with country ALCO and Risk Committee in pursuit of sustainable and profitable balance sheet growth. 
• Provide analysis of risk exposures, market commentaries, analysis of variances to Regional and Group Market Risk Office as and when required. 
• Set local subsidiary and / or regulatory limits via the relevant local risk committee, after due consultation with the relevant global product risk teams. 
• Contribute towards development of the Group’s strategic risk management capability and risk/return assessments and benchmarks. 
• Establish and maintain control framework to ensure compliance with internal policies, procedures, CAD1/CAD2 requirements, Codes, and applicable external laws and regulations. 
• Ensure that there are appropriate and documented internal controls and procedures in place.  Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations. 
• Maintain appropriate relationships with Regulators and Rating agencies and liaise with internal / external auditors. 

Overall management accountability for: 

• Daily administrative matters of the local Market Risk management 
• Maintenance of relationship with local Business Units in particular Financial Markets to provide market risk support 
• Implement sound controls and consistent processes.

Qualifications & Skills

• University graduate in a quantitative discipline. 
• Certification in finance or risk related professional qualification, e.g. FRM, CFA, CPA, ACCA, CA, preferred. 
• Must possess good understanding of market risk concepts and application, ability to assess risk and approriate levels of return with atleast 5 years relevant experience in risk management function of a bank. 
• Good knowledge of Financial Markets products, bank balance sheet management and other risk management concepts. 
• Excellent analytical skills and sound judgement in a rapidly changing and often stressful environment. 
• Good business acumen and multicultural sensitivity. 
• Demonstrated supervisory and project coordination skills 
• Must possess good verbal and written communication skills 

Must have an in-depth knowledge of: 

• market, liquidity and applicable trading risk models and methodologies 
• market, liquidity and applicable trading risk regulations and guidelines 
• workings of financial markets 
• trading and risk management system platforms

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