Head of Middle Office

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Middle Office, Banking | Kuala Lumpur, Malaysia | MYR 250,000 per annum | 19 May 2020

Head of Middle Office

(20023_DL)

Specialisation: Financial Services/Banking, Risk

Email Daesi

Location: Kuala Lumpur, Malaysia
Salary: MYR 240,000-252,000 per annum
Type: Permanent
Posted On: 19th May 2020

Client Background & Role Summary:

Our client is a medium-sized progressive bank with foreign ownership.

Key Responsibilities:

  • Independent monitoring of treasury activities covering:
    • Capital Market Instruments (Government-backed securities and Private Debt Securities);
    • Money Market Instruments;
    • Foreign Exchange Transactions;
    • Derivatives and Structured Products.
  • Develop, implement and maintain a robust risk monitoring and reporting framework to ensure adherence to the approved policies and risk limits (where applicable):
    • Portfolio/Position Limits;
    • Stop-Loss Limits;
    • Sensitivity Limits, e.g. PV01 Limits;
    • Fl/Non-Fl Counterparty Limits (on behalf of Group Credit Risk);
    • Option Delta/Vega/Gamma Risk Limits;
    • Value-at-Risk Limits.
  • Provide risk exposure reports and management reports/ dashboard, e.g.:
    • Daily Compliance Report;
    • Daily Bond Portfolio Reports;
    • Monthly/Periodic Market Risk Dashboards;
    • Monthly GALCO Updates.
  • Identify, follow-up and escalate risk limit excesses / breaches / exceptions (if any) to the Management for informed decision making / ratification.
  • Perform independent revaluation of treasury positions / instruments and conducting stress tests on Trading Book positions.
  • Update risk limit files within the Treasury system (Murex).
  • Escalate and follow-up on system support issues / inquiries with GIS and the system vendors (e.g. Murex, BondWeb, Bloomberg, Reuters).
  • Participate as one of the core Working Group members for the new Treasury products.
  • Assist the Head of Group Market Risk and the Group Chief Risk Officer to plan and implement various risk management initiatives / assignments to strengthen the Group’s risk management capabilities.

Requirements:

  • Tertiary Graduate or Qualified Professional with at least 5 years experience in banking and financial industry, with exposure to risk management/internal audit/treasury dealing and operations/accounting.
  • Experience in the front-line as trader (treasury products) as well as back-end experience in governance and risk management preferred.
  • Knowledge of treasury products/operations, as well as strong business understanding.
  • Knowledge of market and liquidity risk management approaches/techniques.
  • Knowledge of relevant regulations governing treasury operations and risk management.
  • Awareness of best practices and market trends.
  • Strong analytical and problem solving skills with aptitude for logic.
  • Effective communication skills, both written and oral. Good interpersonal skills.
  • Resourceful and adaptable in a changing environment.
  • Good planning and organization skills to meet objectives within stipulated deadlines.

If you are interested, kindly email your updated resume to Daesi at daesi.loh@mindmerge.com.my or click “Apply Now”. Regretfully, only shortlisted candidates will be contacted. Thank you!