Market Risk Manager

Job Responsibilities

•    Identify and report key risks material to the Group and challenge the First Line to evidence that the material risks arising from their business activities have been identified, assessed, monitored and reported.
•    To review, recommend, discuss and analyse traded risk data and other financial product information with a view of setting risk parameters sufficient to protect the Group from extreme loss.
•    Identify and escalate new and emerging risks that could be material to the region.  Recommend relevant governance to control these emerging risks to help the bank to avoid big loss.
•    Monitor internal and external events material to the Group and ensure appropriate management action is being taken to mitigate their impact.
•    To create transparency and escalate in a timely manner to relevant stakeholders regarding the key exposures in the region.
•    To challenge business and control function heads to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and Risk Appetite.
•    Assist and design and oversee the implementation of relevant stress tests and scenario analysis for the GCNA region.
•    Ensure that traded risk measurement methodologies are fit-for-purpose, comprehensive and implemented with integrity.
•    Ensure that risk decisions are transparent and supporting rationales are explained in a professional courteous manner, especially when turning down proposals.
•    Responsibility for regular or ad-hoc market risk activities reports / information / analysis to management.
•    Assist and design and oversee the implementation of local risk-wide initiatives/projects such as recovery planning, ICAAP, SDST, etc.
•    Assist the implementation of Markets related reporting / projects, such as regulatory reporting and overseeing Markets risk management.
•    To address local regulatory requirements as they pertain to risk management, prudential standards and governance, conduct and operational standards.
 

Job Requirements

• Academic Qualifications: Bachelor or above degree with quantitative skills. 
• Professional Experience: Experienced Market Risk Manager with detailed knowledge and understanding of financial markets and products. 
• Membership of HK Treasury Markets Association.  If non-member, then successful candidate to apply for membership upon joining the Bank.
• Completion of internal mandatory and specific developmental training plans.
• Language: Fluent in English.

Role Specific Technical Competencies
•    Manage Risk
•    Market / Liquidity
•    Business Partnering
•    Manage Conduct
•    Relationship Management
•    Communication and Influencing Skills