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Head, Market Risk Quant - Banking

  • Location: Singapore
  • Salary: Negotiable per annum
  • Job Type:Permanent

Posted 14 days ago

  • Sector: Technology
  • Function: Operations
  • Contact: Shreeya Bhan
  • Expiry Date: 15 December 2023
  • Job Ref: JN -112023-482421

Our client is a leading Bank, currently seeking a highly skilled and experienced Head of Market Risk Analytics to lead their group team.

They are idealy looking for someone with a strong quantitative background, deep expertise in market risk models, and a proven track record in managing large, globally distributed teams.

Key Responsibilities:

Model Development and Validation:

  • Develop, validate, and enhance portfolio market risk models and methodologies.
  • Ensure compliance with regulatory requirements, particularly in relation to VaR, FRTB, and other relevant market risk models.
  • Drive continuous improvement and innovation in market risk modeling processes.

Regulatory Compliance and Stakeholder Management:

  • Interact effectively with regulators to communicate and address market risk-related matters.
  • Collaborate with internal stakeholders including risk management, audit, and front office quant teams to align strategies and ensure comprehensive risk understanding.

Model Performance Monitoring:

  • Establish and maintain robust model performance monitoring frameworks.
  • Implement regular assessments to ensure the accuracy and effectiveness of market risk models.

Team Management:

  • Lead and manage a large, globally distributed team of quantitative analysts.
  • Foster a collaborative and high-performance culture, providing mentorship and professional development opportunities.


  • Advanced degree in a quantitative discipline (e.g., Finance, Mathematics, Statistics, or related field).
  • Proven experience in developing, validating, and implementing market risk models, with in-depth knowledge of VaR, FRTB, and similar methodologies.
  • Strong understanding of regulatory requirements and industry best practices related to market risk management.
  • Demonstrated experience in effectively managing relationships with regulators and internal stakeholders.
  • Excellent leadership and people management skills, with a track record of successfully leading teams.
  • Strong communication skills, both written and verbal.
  • Ability to thrive in a dynamic and fast-paced environment.

We thank you for your interest in this position and regret that only shortlisted candidates will be notified

Argyll Scott Singapore Pte Ltd

EA License No. 16S8105

Shreeya Bhan

EA Reg No: R1983436

Argyll Scott Asia is acting as an Employment Agency in relation to this vacancy.