Assistant Manager to SM, Credit Monitoring (Counterparty Credit Risk)

Job Responsibilities

• Design, plan and implement the counterparty credit control measures and policies to ensure the counterparty credit risk ("CCR"), especially securities financing transactions and bond investment in the Bank is adequately and appropriately managed.

• Responsible for the implementation of CCR exposure measurement and daily credit control measures

• Responsible for drafting of credit policies, manuals, and procedures to facilitate Credit Committee's oversight and management

• Participate the development and review of CCR exposure measurement model, CCR stress testing model, CVA model  and Variable Margin/Initial Margin model and collateral management

• Provide assistance in new product review and assessment from CCR perspective, and regulatory examination and auditing tasks

• Perform ad-hoc tasks as assigned

Job Requirement

• Bachelor's Degree or above with majors in Risk Management, Statistics, Quantitative Finance (or other quantitative related stream).  MPhil and PhD are also preferred

• FRM or CFA holder (or candidate) is preferred

• Experience or knowledge in programming skills

• Strong communication skills and independent working

• Familiar with HKMA SPM CR-G-13 and CR-G-13

• Good command of both spoken and written Chinese (including Putonghua) and English