Risk Management

Risk Management

“As we grow and develop our financial sector to serve the needs in the real economy, we must take proper risk management. At the macro level, to maintain our resilience, we must also be prepared for major disruptions in the global financial markets,” Singapore Finance Minister Heng Swee Keat said in an industry event.

​“An ounce of prevention is worth a pound of cure.” This sentiment is the reason that risk management exists. In global markets that are increasingly marked by volatility and subject to complex social, political and economic change, risk management is more crucial than ever to keep companies out of the red and into the black. Risk management teams identify, evaluate and prioritise risks and act to minimise and control adverse events or maximise opportunities that come with disruption. 

Following the global financial crisis, risk management teams have become increasingly important to help protect financial markets and prevent firms experiencing further fines and sanctions. The Monetary Authority of Singapore (MAS) fined 42 financial institutions a total of S$16.8 million for the period between July 1, 2017 and Dec 31, 2018 for market abuse, financial services misconduct and money laundering-related breaches. Important trends suggest that risk management is set to experience even more sweeping change in the next decade. 

A recent report by McKinsey & Company explains how the role of risk management will change in the coming years. Today, about half of the risk management employees are dedicated to risk-related operational processes such as credit administration, while 15% work in analytics. The reports forecasts that by 2025, these numbers will be closer to 25 and 40%, respectively. 

The growth in the numbers employed within risk management looks to be significantly higher than other industries.  

Risk Management Jobs

IT Risk Manager
US$120000 - US$140000 per year, Dallas

Responsibilities: 1st and/or 2nd LOD experience in IT risk management within a large financial...

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Head of Investment Risk
Negotiable, New York

An exclusive asset manager is seeking an exceptional individual to join the investments team par...

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Expert Regulatory Risk
Negotiable, Berlin

Expert Regulatory Risk Our client, one of Germany's largest banking groups, is currently looking...

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IT Audit Manager
US$100000 - US$150000 per year, Dallas

Responsibilities: Responsible for the management of a portfolio of audit assignments to ensu...

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Senior ALM & Capital Model Validator
Negotiable, Amsterdam

Your working environment: The ALM & Capital Model team validates the models employed for managin...

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Quantitative Risk Modeler - Energy Trading
Negotiable, Germany

A leading Germany energy company is seeking a highly motivated Quantitative Risk Modeler to join ...

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Senior Credit Risk Model Expert
Negotiable, Amsterdam

As a Medior/Senior Model Risk Expert, you will be responsible of rolling out the model risk manag...

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Senior Quantitative Analyst
Negotiable, Düsseldorf

The Quantitative Methods team is responsible for defining and developing the methods that support...

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Senior Model Risk Manager
Negotiable, Frankfurt am Main

The role is in the Model Risk Management Group. Responsibilities of this position include perform...

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