Senior Market Risk Management Officer
2 months ago
AVP/VP – Market Risk Management
Key Responsibilities:
- Oversee daily risk management activities related to fixed income, currencies, commodities (FICC), and equity portfolios, analyze significant profit and loss fluctuations, monitor Value at Risk (VaR) movements, ensure adherence to risk limits, identify critical risks, and recommend appropriate risk mitigation strategies.
- Develop and automate comprehensive risk monitoring reports on a daily, weekly, and monthly basis, incorporating various risk management metrics such as performance analysis, concentration assessments, stress testing, and VaR calculations, ensuring accuracy and timely review of risk measures.
- Design and enhance straightforward market risk models or tools to facilitate essential analyses on market conditions or position/VaR fluctuations.
- Conduct targeted investigations and analyses regarding risk, market dynamics, profit and loss evaluations, or modeling challenges as required.
- Engage regularly with Front Office trading teams to implement risk controls and ensure prompt resolution of identified issues, including limit breaches and system inadequacies.
- Assist in the drafting of policies, provide commentary on Non-Performing Assets (NPA) and Non-Banking Institutions (NBI), and support system migration efforts.
- Deliver reports to local and headquarters business units, risk management teams, and regulatory stakeholders.
- Collaborate with other corporate departments on shared interests, such as finance regarding valuation and profit and loss matters, and operations.
Requirements:
- Strong quantitative foundation in Science, Mathematics, Financial Engineering, or Risk Management; professional certifications such as CFA or FRM are advantageous.
- Proficient in Excel and VBA/Python; familiarity with SQL and database management is preferred.
- A minimum of 5 years of experience in market risk or product control roles within a global or Chinese investment banking or securities environment.
- In-depth knowledge and experience in equity and FICC markets and products, along with expertise in VaR and associated risk management tools.
- Experience with Calypso and Bloomberg risk modules is a plus.
- Effective communication skills in both English and Mandarin are essential.
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