Enterprise Risk Management

Learn more about the different projects we offer and its details such as pre-requisites, duration, deliverables, etc.

January 2024 - June 2024 

There are no projects available for this period.

May 2024 - July 2024

Validation of Advanced Derivatives Valuation/Risk Models and Market Research on Cloud-Based Risk System
Department Risk Management
Description of Project Validation of advanced derivatives valuation/risk models: The candidate will be involved in the validation of valuation/risk methodologies for advanced financial instruments including derivatives. He/she will also be involved in reconciliation of valuation discrepancies across different systems as well as analyse and identify factors contributing to valuation differences.  Market research on cloud-based risk system: The candidate will be conducting market research on commercial cloud-based risk systems. He/she will be involved in the evaluation and comparison of key functionalities across different risk systems and identification of best-in-class risk systems.
Expected deliverables for the project

Validation of advanced derivatives valuation/risk models:

  • Establish and replication of valuation methodologies using a variety of tools including but not limited to spreadsheet, VBA, python programming language etc.
  • Identification of key factors contributing to valuation differences and suggest new approaches to enhancing valuation validation. 

Market research on cloud-based risk system:

  • Presentation on comparison between different commercial cloud-based risk systems and assessment of the methodologies and practical usefulness of the new risk functionalities/solutions.
Experience and/or skills that the intern(s) may gain from the internship 1. Opportunity to be part of an exciting project analysing how advanced financial instruments are priced, risk-modelled and validated in real world settings with practical constrains. 
2. Gain exposure to the pertinent investment challenges in today’s fast-evolving landscape and the analytics required to support effective and agile risk management. Understand the pros/cons of present-day risk systems and advantages of state-of-the art cloud-based risk systems in managing investment portfolio risk. Gain experience with setup, operationalising and usage of risk systems. This will translate into practical experience in the financial industry. 
3. Opportunity to understand how investments and risk management are conducted at one of the top central banks in the world. 
4. Opportunity to develop and refine stakeholder engagement and presentation skills.
Pre-requisites preferred from the intern(s)

University degree in financial engineering, quantitative finance or financial maths.

Apply Now Apply here . Shortlisted candidates can expect to be notified within a month from the date of application.

July 2024 - December 2024

Macroprudential Surveillance and Risk Scan of the Insurance Sector
Department Insurance
Description of Project To support the division in executing macroprudential surveillance and supervision tools (e.g. industry-wide stress testing, top-down stress testing, own risk and solvency assessment, industry scans), with the view to help insurance supervisors in the department to better detect and understand the risks and vulnerabilities of the insurance industry and come up with supervisory actions can be taken early if necessary.
Expected deliverables for the project To support the division in executing macroprudential surveillance and supervision tools (e.g. industry-wide stress testing, top-down stress testing, own risk and solvency assessment, industry scans), with the view to help insurance supervisors in the department to better detect and understand the risks and vulnerabilities of the insurance industry and come up with supervisory actions can be taken early if necessary. Analysis of the results of the stress testing and risk assessment/scans performed, and preparation of presentation slides on the key findings.
Experience and/or skills that the intern(s) may gain from the internship - Have a greater insight on the work/analysis that is performed by Insurance Department in regulating and supervising insurers in Singapore
- Build up knowledge on the regulatory and supervisory frameworks that are in place 
- Develop a better understanding of the various types of insurance sectors in Singapore and the risks faced by each of them
- Hone communication skills in distilling key findings and presenting in a manner that is succinct and easily understood
Pre-requisites preferred from the intern(s) - Second year undergraduate with major in business/accounting/economics with preferably specialisation in Actuarial Science, or Risk Management & Insurance.
- Proficient with the use of Microsoft Office Excel, Powerpoint etc. Knowledge in Excel VBA, Tableau will be useful.
Apply Now Apply here . Shortlisted candidates can expect to be notified within a month from the date of application.