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

Senior Quant Risk Analyst
Negotiable, Hamburg

My clients, who are a large energy business, are looking for the right person to fill the positio...

Apply now
Risk Officer - Metals
Negotiable, Zug

A highly specialist Commodity Trading house are seeking a dynamic individual to join their Risk f...

Apply now
Fraud Risk Business Analytics Manager
US$120000 - US$160000 per year, Cleveland

A leading Regional Bank who is looking to hire a Fraud Risk Management Business Analytics Manager...

Apply now
Third Party Risk Governance Manager
US$100000 - US$120000 per year, New York City

A leading International Bank is looking to hire a Third Party Risk Governance Analyst. In this ro...

Apply now
Portfolio Manager - Systematic Equities - Hedge Fund
US$500000 - US$1000000 per year, Los Angeles

Portfolio Manager - Quantitative Equity - Hedge Fund A multi-billion dollar hedge fund client of ...

Apply now
Quantitative Model Development - Securitized Products
Negotiable, New York City

A top international investment bank is looking to hire a VP Quantitative Modeler integral to thei...

Apply now
SVP - Senior Operational Risk Manager - Consumer Lending
Negotiable, Wilmington

A leading consumer bank recently wrapped up a new round of product approvals and is now seeking a...

Apply now
Quantitative Risk Analyst - Macro Trading
Negotiable, New York City

An industry leading systematic Hedge Fund is looking to build out their Macro book and is activel...

Apply now
VP - Model Risk (cloud technologies)
US$150000 - US$150001 per year, New York City

Responsibilities: Lead the continuous oversight of the model risk management framework in additio...

Apply now