Assistant Vice President / Vice President - Clearing Risk Management

Asia Pacific Exchange Pte. Ltd| Date Posted: 19-Aug-2019
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Job Nature:
Position Level:
Senior Manager, Top Management
Bachelor's / Honours, Masters / PhD

Job Description

Reporting to the Chief Risk Officer, we are currently looking for a risk professional with CCP Clearing Risk experience to join the APEX Risk Management Team.  

The Job Descriptions:

  • Perform effective and comprehensive management of APEX’s clearing risks in accordance to approved Risk policies.
  • Develop / validate appropriate risk models such as for margining, haircut, settlement pricing, stress testing for APEX Clear.
  • Perform credit scoring to rate APEX’s members and counterparties.
  • Review and update risk policies and procedures to reflect IOSCO-PFMI guidelines, regulatory requirements and direction of the Board Risk Committees.
  • Lead new initiatives such as enhancements to policies, procedures, reports, systems to support new products or risk projects.
  • Review and test APEX’s contingency plans, including default management and recovery plans to ensure smooth operability.
  • Identify new opportunities and/or gaps to improve data quality and existing reporting processes

Skills Requirements:

  • Preferably master’s degree in a numerate discipline with at least 6 to 8 years of experience managing the risks of a clearing house. 
  • Strong knowledge of risk models and methodologies
  • Strong quantitative skills, preferably with working knowledge of programming languages / software such as Python, R, Matlab, Excel, VBA
  • Strong analytical ability to analyse risk related issues and deal with complexity and ambiguity.
  • Knowledge of financial / exchange products.
  • Strong communicator with oral, written and presentation abilities in English and Mandarin (to liaise with Chinese-speaking counterparties)
  • Professional qualifications like CFA, FRM will be considered favourably
Company Overview
Asia Pacific Exchange Pte. Ltd