About the role
AI summarisedThis is a front office risk officer role at a major Singapore bank, focusing on securities finance trading products. The role involves managing credit and collateral risk, supporting new business acquisition, and coordinating with various internal teams and external counterparties.
BusinessFull-timeGeneral
Key Responsibilities
- Manage front office risk activities (credit and collateral) supporting Securities Finance Trading products (SBL, Delta 1, Repo)
- Support new business acquisition efforts – perform portfolio analysis and counterparty credit review
- Lead new client/counterparty/product approval proposals to Enterprise Risk; negotiate terms/notional limits
- Input on legal negotiation – own decision rights on collateral and counterparty credit risk-related terms
- Work with Enterprise Risk to establish risk framework, risk appetite and limits for Securities Finance business
- Design and maintain collateral eligibility criteria in line with Enterprise Risk framework and policy; implement and monitor compliance with tri-party collateral agents; conduct regular reviews and update of eligibility criteria in-line with changing market conditions
- Support business expansion initiatives (new collateral types, new counterparty types, new jurisdictions)
- Coordination with Operations and Client Services to ensure daily collateral adequacy and margins requirements are met
- Conduct close and continuous monitoring on counterparty credit standing and event impact analysis, lead outreach and regular risk update calls with clients and counterparties
- Establish and maintain collateral liquidation and counterparty unwind playbook; participate in regular stress-testing and counterparty default exercise to maintain operational readiness
- Lead person for counterparty wind-down and collateral liquidation process; centrally coordinate with Client Service, Operations, Enterprise Risk, Legal, execution desks, custodians and tri-party collateral agents to unwind collateral portfolio
Requirements
- Degree in Finance, Economics, Business or related field
- Minimum 10 years of experience in risk management within Securities Finance or related products
- Strong understanding of SBL, Delta 1, Repo products and associated risks
- Experience in counterparty credit analysis and collateral management
- Proven ability to negotiate legal terms related to collateral and credit risk
- Familiarity with tri-party collateral agents and margin processes
- Excellent analytical and portfolio analysis skills
- Strong communication and stakeholder management skills
- Ability to work under pressure and manage multiple priorities
- Experience with stress testing and default exercises