The bank for a changing world

Junior Risk Officer

Contract

Standard / Permanent

Location

SG-Singapore-Singapore

Job function

COMPLIANCE AND PERMANENT CONTROL

Reference

CIBFUNC00478

Position Purpose

As a member of the Risk WM team contributing towards the duties and responsibilities relating to credit risk management aspects linked to the Wealth Management métier in Singapore.

Key Responsibilities

·         Provide support to Credit Committee in preparation & distribution of Minutes and contribute to the implementation of credit decision

·         Contribute to the creation of risk exposures reporting, regulatory reporting, management dashboard and ad-hoc reporting requirements

·          Analyse risks related to irregularities such as shortfall, limit excess, unauthorised trades and verify relevance and efficiency of WM action plans

·         Contribute to perform ex-post controls and monitoring of irregularities

·          Analyse portfolio evolution, including a prospective view aiming at quantify potential losses through stress-testing

·          Review and control financing ratios of collateral such as shares, bonds, mutual funds, structured products etc in accordance to Risk Policies

·         Review and analyse securities and derivatives using market risk tools

·         Contribute to validation of New Activities and Products, as well as eligibility of assets, from a counterparty and credit risk standpoint and ensure compliance with Group Credit and Risk Policies.

·         Participate and work with different stakeholders on system enhancement projects

·         Actively contribute to support the team and Credit Officer in other related tasks

 

Competencies (Technical / Behavioral)

·         Strong academic background & analytical skills

·         Knowledge of financial products and associated risks is an advantage.

·         A team player with good communication and information sharing skills

·         Proficient in MS Excel.

·         Fluent in English.


Specific Qualifications Required

·         Bachelor’s Degree in Finance or Business preferably with 2 - 3 years’ working experience in a financial institution or related position.