Overview:
We are assisting our banking client in their search for an Assistant Manager in Market Risk. This role is vital for developing and implementing the Counterparty Credit Risk Management Framework to ensure that risks are effectively managed within the bank.
Key Responsibilities:
- Design, plan, and execute the Counterparty Credit Risk Management Framework to ensure comprehensive oversight of counterparty credit risk.
- Conduct daily risk assessments and management for OTC derivatives products, including foreign exchange (FX), interest rate (IR), equity, commodities, and structured products.
- Generate risk monitoring reports that encompass risk attribution analysis, concentration analysis, wrong-way risk assessments, stress testing, and the identification of material risks along with mitigation strategies.
- Collaborate with various teams to integrate risk management practices into business processes and decision-making.
- Monitor regulatory developments and assess their implications on counterparty credit risk management.
- Assist in the development and enhancement of risk models and methodologies to evaluate exposure and risk metrics.
- Provide insights and recommendations based on risk assessments to senior management and stakeholders.
Requirements:
- Bachelor's degree or higher in Finance, Financial Engineering, Risk Management, Quantitative Finance, or a related discipline is preferred.
- Professional certifications such as FRM or CFA will be considered an advantage.
- Over 3 years of relevant experience in risk management within the financial services sector is preferred.
- Strong analytical skills with a solid understanding of risk measurement and management techniques.
- Excellent communication skills in both Chinese (Cantonese and Mandarin) and English, facilitating effective collaboration with diverse teams and stakeholders.
- Ability to work independently and manage multiple responsibilities in a fast-paced environment.
- Familiarity with regulatory frameworks and risk management practices related to market risk.
If you are an experienced market risk professional seeking to contribute to a reputable banking institution, we encourage you to apply. Join a team dedicated to effective risk management and innovative financial solutions! Send your CV to Raymond Cheung to engage a confidential conversation.
