Market Risk Compliance Analyst
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About the role
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. Roles and Responsibilities Responsible for accurate and timely preparation of risk reports and market data update. Monitor trading activities against approved limits (e.g. VaR, stop-loss, position limits) Provide independent second-line oversight over front office trading activities and challenge excessive or unusual risk-taking behaviour Identify market risk concentrations, perform market risk analysis & monitor limit utilizations. Ensure timely escalation of limit breaches and remediation of actions. Responsible for UAT testing of new products, system upgrades, change in model, change in curves/methodologies to ensure correct risk identifications, measurements, implementations, and reporting. Perform annual review and alignment of risk policies/procedures to Head Office, incorporating local regulatory requirements. Ensure adherence to market risk processes and regulations (e.g. Bank Negara Malaysia, MAS, Securities Commission where applicable) Identify gaps/weaknesses in market risk processes and facilitate resolution of any governance, controls, audit & regulatory issues. Support internal/external audit reviews and regulatory requests Participate in process changes and initiatives of MRM.