OCBC Bank | AVP/VP/ED, Counterparty Credit Risk Management Analyst

Responsibilities

• As a Counterparty Credit Risk Management Specialist at OCBC, you will play a critical role in managing the bank's exposure to counterparty credit risk.
• You will have the opportunity to work with a team of experienced professionals to identify, assess, and mitigate potential risks, and contribute to the bank's overall risk management strategy.
• This role offers a unique blend of analytical and strategic thinking, and the chance to make a meaningful impact on the bank's operations.
• To succeed in this role, you will need to develop a deep understanding of the bank's counterparty credit risk management framework and policies.
• You will need to analyze complex data sets, identify potential risks, and develop effective mitigation strategies.
• You will also need to collaborate with various stakeholders, including traders, risk managers, and senior management, to ensure that risk management decisions are informed and effective.
• Work in friendly, supportive teams.
• Build lasting value in your community.
• Leveraging technology and creativity to become a future-ready learning organisation.
• Help people grow their assets, business, and investments.
• Take your learning as far as you can.
• Manage counterparty credit risk (CCR) arising from the Group’s derivatives portfolio, security financing portfolio and provide analytical support to credit approvers and business on transaction flows, and portfolio analysis.
• Support development and maintenance of methodology, models and framework applicable to counterparty pre-settlement risk, settlement risk, concentration risk within derivative portfolio and collateral pool.
• Monitor the Bank’s counterparty credit risk from Global Market portfolios, perform risk analysis at both counterparty level and portfolio level to capture and highlight concentration risk, correlation risk and other non-conventional risks which are not captured in financial models.
• Conduct system testing and exposure validation exercises, including investigation of data discrepancies.
• Prepare and maintain relevant model, methodology and procedure documentation.
• Engage and coordinate with key stakeholders across Business, Technology, Operations, and other Risk Control functions on system development (enhancement), data integrity, exposure investigations and process improvements.
• Programming and computing skills with Microsoft office suite and database applications would be advantageous.

Who you are

• AVP Rank: More than 6 years of relevant experience in counterparty credit risk management or similar analytical roles.
• VP Rank: More than 10 years of relevant experience in counterparty credit risk management or similar analytical roles.
• ED Rank: More than 12 years of relevant experience in counterparty credit risk management or similar analytical roles.
• Experience in managing security financing business of prime brokerage portfolio or wealth management portfolio will be an advantage.
• Good understanding of derivatives products and strong analytical and problem-solving skills.
• Able to work with stakeholders, with a balanced, open-mind and a one-Bank perspective.
• Strong communicator with excellent influencing skills and positive energy, able to work independently, proactively and a team player.

OCBC Bank

OCBC Bank is an employer hiring in India (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in India are mostly in Ocbc Singapore and Bos Singapore.

• Industry: BFSI / Investments / Insurance