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Associate / Senior Associate - Middle Office in Control Dept

Job title: Associate / Senior Associate - Middle Office in Control Dept
Contract type: Permanent
Location: Singapore
Specialisation:
Salary: S$3,700
Start date: 07 Jan 2021
Job Reference: 51501
Contact details: Elsie Soh
Contact email: elsie.soh@jac-recruitment.com
Contact-phone: +65 6224 6864
Job published: 9 days ago

Job Description

1.            Market Risk Control Activities

·         To prepare daily reports, reviewed by management, which highlight the utilization of various market risk limits by front office. The coverage shall include daily liquidity report, intra-day and end of day’s position and profit/loss reports.

·         To reconcile data residing in the front and back systems on a daily and weekly basis.

·         To check for off-market rate transactions on a daily basis.

·         To provide various market rates required for daily revaluation in front, middle and back office systems.

·         To be responsible for the proper maintenance of selective market database in respective systems used by Middle Office.

 

2.     Credit Risk Control Activities

·         To provide administrative assistance to the respective front office units in all credit line applications to Head Office and to ensure that appropriate procedures are observed in all cases.

·         To prepare a set of daily report which monitors the utilization of various credit lines allocated to each counterparty. This report shall include settlement risk limit and the various types of bank ceilings.

·         To prepare a monthly report which monitors for adherence to the established industry limit policy of the Branch.

·         To prepare a monthly report which summarises the performances of Credit Investment Department’s activities.

·         To prepare a monthly report which reconciles the Branch credit limits and exposures with Head Office and to investigate if there are any discrepancies.

·         To ensure proper maintenance of selective credit database in OPICS and other relevant systems used by Middle Office.

 

3.      Filing of Documents

·         To maintain a neat and proper filing system that will enable easy retrieval of any required information.

·         To ensure completeness of all documents filed and they are in accordance with the Branch’s preferred filing policies and practices.

·         To be accountable for the filing of all documents related to market and credit risk monitoring.

          

    4.         Other Duties

·         To participate in ad-hoc project to enhance the risk management system and overall operational efficiency and effectiveness in the Branch.

·         To report to immediate superior/manager of any exception that breaches the Bank’s risk management policies.

·         To undertake any other work-related duties, such as voice recorder maintenance, that may be assigned by management from time to time.

 

Requirements

  • Min Diploma holder with relevant experience in financial institution
  • Proficient in MS Office
  • Strong communication and interpersonal skills
  • Able to work well in a team, self-motivated

 

 

 

We regret to inform applicants that only shortlisted candidates will be notified. Thank you for your understanding.

 

 

  

Elsie Soh Lay Ching (R1105510)
JAC Recruitment Pte Ltd (EA Lic No: 90C3026)