Margin Risk - Global Private Bank

A top-tier US private bank is looking for a risk associate to join the Business Control Unit as first line of defense and manage the margin lending risk management. The selected candidate would help monitor private banking client portfolios, managing daily margin, limit excesses and collateral maintenance.

Morgan McKinley - Hong Kong - Full time

Salary: HKD45000 - HKD55000 per month

Scope and Responsibilities

  • Assist on monitoring the margin exposure level of client portfolio
  • Follow up with sales team on any margin deficit
  • Prepare relevant documentation
  • Analyse data to develop effective mitigation controls
  • Ensure consistency in risk management policies in the wealth management business
  • Partner with functional groups ie. Legal, Compliance & Operations etc. to identify business related risks
  • Support regulatory inquiries and compliance testing for the wealth management business

Requirements

  • At least 3 years of relevant working experience in private banking
  • Previous experience in a first line of defence control, credit risk or analysis would be ideal
  • Exposure in marign risk, collateral or credit lending would be an advantage
  • Product knowledge of various asset-classes such as loans, deposits, equity, fixed income, listed and OTC derivatives
  • Excellent verbal and written communication skills in English
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