Risk Specialist - Valuation (Assistant Manager/Manager)
At a glance
Manager-level Investment & Corporate Development role at Ocbc. BOS Singapore · full-time.
Pay not stated Investment & Corporate Development salary
financeroles summary, based on the employer's posting.
What you'll do
- Value exchange-traded and OTC instruments, including derivatives, each day and check that their prices are correct
- Investigate market data that crosses set limits, explain the results and keep a record when you make valuation judgments
- Work with Front Office, IAS, CRM and MRM-Collateral Evaluation to resolve valuation, model and market data issues
- Spot valuation risks in proposed products and establish suitable valuation methods and controls
- Find process changes or projects that can improve valuation accuracy and efficiency
What you bring
- A university degree in a quantitative subject
- A strong grasp of financial and structured products
- Advanced Excel ability
- At least two years in product control or operations is preferred
Who this fits
This role suits someone analytical and self-directed who works well with others and can meet tight deadlines. It is based in Singapore with a hybrid arrangement.
From the employer
Bank of Singapore opens doors to new opportunities.
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!
The successful candidate will be joining the BOS MRM-Valuation team mainly responsible for daily valuation of Exchange Traded/OTC Products including derivatives. The individual will also work closely with Front Office, IAS, CRM and MRM-Collateral Evaluation teams on valuation, model and market data related tasks and issues.
- Daily valuation of Exchange Traded/OTC Products including derivatives, price verification to ensure that the financial instruments are correctly valued. Market data which breaches the pre-determined thresholds are analyzed and explained. Exercise seasoned judgment when a call on valuation is required and ensuring audit trials are documented.
- Identify and initiate projects and process change that aid in improving the accuracy and efficiency of the valuation procedure.
- Working closely with Front Office, IWS, CRM and MRM-Collateral Evaluation team to identify and resolve valuation related issues.
- Identifying potential valuation issues in the new product approval process and recommend/implement valuation processes and controls where appropriate.
Requirements
- 2 or more years of relevant working experience in a product control/operations function preferred.
- Good University degree in quantitative discipline
- In depth understanding of financial and structured products
- Analytical, self-driven, a team player and able to work under tight timelines
- Good interpersonal and communication skills
- Advanced Excel skills are essential and experience with a functional programming language would be an advantage
Investment & Corporate Development work from LinkedIn, X, Reddit and Upwork, in one list.
Each morning you get everything that fits, strongest first.
Investment & Corporate Development
Find me workBy the team behind financeroles.