Responsible for identifying, monitoring and managing market risks.
Make risk transparent through in depth and insightful position, PnL and risk analysis through daily risk exposure& PnL reporting.
Conduct Trading Book Parameter & Off-Market Rate Monitoring to ensure that market risk limits are followed by front office.
Perform daily marked-to-market valuation for GMIM products.
Perform Back-to-Back checking of all structured deposits/products and financial products transacted by structuring team and sales team.
Reconcile trading book and banking book P/L and Net Open Position between front office and back office.
Assess market risk of new product/services and ensure that its impact on the Banks’ overall risk profile are adequately identified and can be well monitored. Give inputs from market risk perspective for new products to be launched during the new product program review process.
Maintain Market Risk policy, guidelines, limits and ensuring that overall market risk management and control framework is in line with group and regulatory requirements.
Use and manage risk models through model maintenance and daily reporting of Value-at-Risk and associated analysis.
Ensure that stress test of trading book positions is adequate on a daily basis and continuously enhancing stress test quality.
Work with other departments (e.g. Operations, Finance) to ensure that market risk exposures and risk performance indicators are properly and promptly monitored.
Ensure any anomalies are escalated to the appropriate level(s) of authority for notation and management.
Prepare all market risk management related reports for management review.
Continually streamline the working process and participate in project UAT if needed.
Bachelor Degree holder or above, major in Risk Management, accounting or financial related.
More than 6 years' of relevant experience in market risk management, product control, middle office and/or trading experience.
Has rich experience of risk management and business-related knowledge. CFA or FRM certificate holder is preferable.
Fluent in both written and spoken English.
Good IT/PC skills, proficient in Excel and preferably in Databases as well. Experience with Murex and strong VBA skill is preferred.
Ability to work well across teams/functions and under high pressure.