Primary Objective:

• Prepare risk reports, analyze and provide commentaries in meeting pack with respect to interest rate risk in the banking book.
• Ensure interest rate risk in the banking book is appropriately and accurately captured and monitored, and risk methodologies applied.
• Monitor interest rate risk in the banking book exposures to ensure compliance with risk thresholds.
• Support GALCO, GCRC, IB RMC and respective entities’ BRC and Board with respect to interest rate in the banking book.
• Provide support to manage and ensure successful implementation of ALM projects.

Key Responsibilities:

Strategy and Planning

• Provide support to Head, Group Interest Rate Risk Management & Reporting and Section Head, Group Interest Rate Risk Reporting to ensure timely completion and accuracy of ALM risk management reporting; and compliance of risk thresholds to ensure effective risk control.
• Maintain appropriate relationship with internal stakeholders to ensure ALM risk management is embedded in business strategy or business plan for a risk oriented practice or culture.

Risk Reporting

• Obtain data information sources, prepare accurate and timely reports to regulatory bodies, GALCO, GCRC, IB RMC and respective entities’ BRC and Board with respect to interest rate in the banking book.
• Provide basic analysis and commentaries on the movements of assets and liabilities to keep relevant stakeholders better informed of the current state of profile.
• Monitor, track compliance of risk thresholds and escalate risk limits breaches and follow up action plans to reduce excessive risk exposures and ensure prompt correction of risk exposure.
• Execute to resolve identified internal/external audit findings to ensure compliance.
• Provide accurate & timely data information to other ALM units or other business/functional units for analysis.
• Prepare and maintain Operational Manuals and user guides for good governance to ensure continuity of operations in the event of emergencies.
• Collate relevant data for setting interest rate risk in the banking book limits & thresholds to support business growth within the Bank’s risk appetite.
• Back-up reporting analyst job functions in his or her absence.
• Any other duties that may be assigned by GCRO, Head of Group ALM, Head of Group Interest Rate Risk Management & Reporting or Section Head, Group Interest Rate Risk Reporting from time to time.

• 1 - 2 years of professional experience in Risk Management, Treasury, Asset Liability Management or Finance operations; preferably with strong interest rate risk management.

• Strong understanding of accounting and prudential regulations
• Strong understanding of Group ALM financial reports and ALM techniques
• Strong communication, writing and influential skills to direct & influence other business lines
• Strong analytical and relationship/team building skills
• Acquire strong Microsoft office tools in excel, word and power point
• Flexible & able to quickly adapt to different & difficult situations

Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards