Head of Counterparty Credit Risk Strategy

6 days ago


Shenzhen, Guangdong, China Huatai Securities Full time

Vice President of Counterparty Credit Risk Management

Key Responsibilities:

  • Assess the creditworthiness of various counterparties, including but not limited to financial institutions, investment funds, and corporate clients.
  • Conduct thorough due diligence on potential counterparties.
  • Oversee and execute regular reporting and consolidation of counterparty credit risk at the firm level, and engage in collateral management and margin call processes, as well as the implementation of credit systems.
  • Perform evaluations of credit ratings and authorize client applications for appropriate credit limits.
  • Possess a solid understanding of OTC derivative products, variation margin, and potential future exposure.
  • Recommend and approve essential credit terms, and take part in negotiating documentation terms such as ISDA/CSA, Repo, and GSMLA.
  • Contribute to the development of counterparty credit policies and procedures, revising them as necessary.
  • Familiarity with relevant regulatory frameworks, including Basel, HKSFC, and HKMA rules.

Requirements:

  • A bachelor’s degree or higher in Risk Management, Financial Analysis, Business, or related fields; CFA or FRM certification is advantageous.
  • A minimum of 5 to 8 years of pertinent experience in counterparty credit risk management within leading financial institutions, ideally with independent approving authority.
  • Strong knowledge of financial products, including equities, futures and options, fixed income, OTC derivatives, and commodities.
  • A comprehensive understanding of credit risk management principles.
  • Team-oriented and self-driven individual.
  • Excellent verbal and written communication skills, with a strong command of both English and Chinese.


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