Financial Risk Management Associate

We are seeking a highly skilled and experienced Financial Risk Manager to join our Finance Team. The successful candidate will be responsible for identifying, assessing, and mitigating financial risks across the organization. This includes ensuring compliance with regulatory requirements, monitoring financial risk and capital adequacy, and developing robust risk management frameworks and strategies.

Key Responsibilities:

Develop and implement comprehensive risk management policies and procedures in line with regulatory requirements, including BASEL and BOT regulations.

Conduct regular financial risk assessments with focuses on liquidity risk and interest rate risk including the extension to scenario analyses of dynamic financial position for management's decision making.

Perform stress testing and undertake Internal Capital Adequacy Assessment Process (ICAAP) to evaluate the potential impact of adverse scenarios on the organization's financial health.

Coordinate the development and execution of recovery plans and liquidity contingency plans to ensure organizational resilience in crisis situations.

Develop and maintain a risk appetite framework and set clear guidelines for capital and market risk tolerance levels.

Oversee the asset-liability management (ALM) process to ensure balance sheet management activities are in alignment with the organization's risk appetite.

Work closely with the compliance team to ensure adherence to all relevant laws, regulations, and internal policies.

Collaborate with various departments to integrate risk management principles into business strategies and operations.

Provide regular reports to senior management and the board on the organization's risk profile, risk management activities, and compliance status.

Develop, maintain, and optimize data workflows using Power Query, Power BI, and other automation tools.

Stay abreast of emerging risks, regulatory changes, and industry best practices in financial risk management.

Qualifications:

Bachelor's degree in finance, Economics, or a related field. An advanced degree (e.g., MBA) is preferred.

Professional certification in risk management, such as the FRM (Financial Risk Manager) certificate is preferred.

Approximately of 5 years of experience in financial risk management, preferably in the banking or financial services industry is preferred.

Strong knowledge of and high familiarity with financial institution related regulations, including BASEL and BOT regulations.

Proficient in risk assessment methodologies, stress testing, and ALM techniques.

Proficient in Power Query, Excel advanced functions and automation tools such as Power Automate or VBA for workflow optimization is advantage.

Excellent analytical, problem-solving, and decision-making skills.

Strong communication and interpersonal skills, with the ability to present complex information clearly and concisely to various stakeholders.

Proficiency in risk management software and tools.

About Us

SCBX is the mothership of the financial technology business group comprising Siam Commercial Bank, SCB 10X Co., Ltd., Card X Co., Ltd., InnovestX Securities Co., Ltd., Purple Ventures Co., Ltd., and other companies. SCBX drives and powers the development and execution of strategic initiatives, with a particular emphasis on financial enterprises and digital technologies. This includes pursuing new business opportunities, M&A, strategic investments, partnerships, and divestitures. It captures some of the biggest growth opportunities with superior returns, by adapting to consumers changing behaviors and demands in a timely manner. These industries will improve the overall quality of life while serving a greater purpose. The company conducts business with flexibility and prudence in governance and risk management and has the potential to compete equally in global competitions.