Securities Finance Front Office Risk Officer (ED)

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.

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 :

• 10-15 years hands-on experience as front-office aligned financing or securities lending collateral and counterparty risk management; practical experience with actual counterparty unwind highly desired

• Numerical and detail oriented; must have working in-depth knowledge of various risk measures (eg VAR, PFE)

• Practical and solutions-focused; able to advocate for business opportunities while balancing the need for effective risk management

• Effective communication and negotiation skills essential; must demonstrate track record of operating effectively between business/revenue units and broader enterprise risk stakeholders

• Ability to calculate and present potential capital impacts (RWA, leverage, liquidity) of new business opportunities highly desired

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.