The Role
VP, Senior Market Risk Controller, RMD
Key Accountabilities
- Manage and lead the equity and related derivative risk analytics function by establishing market risk limit framework and performing product control, risk controls and monitoring, back testing and validation under the company's overall market risk appetites.
- Ensure market risk management practices is up to date in order to support PnL analysis, risk/pricing valuation, VaR calculation, stress testing, concentration control etc and provide solutions for risk issues.
- Participate in business initiatives and projects such as new equity-related product approval, risk system implementation and independent model validation
- Supervise and perform regular independent ETD and OTC equity product model validation, draft validation report and follow up model remediation issues
- Handling related risk tasks assigned by supervisors and back up team members for market risk control tasks
- Assist team head in providing training to junior members and reviewing market risk reports and management reports.
Skills & Experience
- Bachelor or above degree in Economics, Financial Engineering, Quantitative Finance, Statistics, Risk Management or related discipline; FRM/ CFA/ advanced studies is a plus.
- At least 10 years of experience in market risk management or related areas in financial institutions and familiar with market risk control and reporting tools, i.e. VaR, Greeks, stress testing, derivatives pricing model, FRTB, and SACCR).
- Knowledge of HK equity market (energy and base metal) as well as ETD/OTC equity and related structured products
- Strong interpersonal skills with experience in interacting with traders and coaching junior teammates.
- Good programming skills (i.e. VBA, Python or others) and able to apply in BAU tasks.
- Good communication skills in English and Chinese (including Mandarin)
Other Information
- Please apply in strict confidence with full resume, academic record, current and expected salaries.
- The personal data provided will be used for consideration of recruitment only. All personal data of unsuccessful candidate will be destroyed within 24 months.
- Candidates with Enhanced Competency Framework (ECF): please state on the CV.
About BOCI
As a leading investment bank in China and Hong Kong region, the investment banking arm of Bank of China, BOC International Holdings Limited (“BOCIâ€), is now seeking highly motivated, creative and success-oriented professional who would like to pursue the career for supporting our group.
