VP, Counterparty Credit Risk

Responsibilities

Evaluate derivatives and financing transactions, for instance TRS and options, and monitor the corresponding counterparty credit risk exposure
Perform counterparty and credit risk analysis;
Review ISDA confirmations covering plain vanilla and structured OTC derivative transactions and those of other asset classes;
Daily monitoring of counterparty credit exposures and derivatives risk figures against approved limits and parameters;
Analyze and approve counterparty credit risks and related transactions;
Conduct regular counterparty credit reviews on detecting credit deteriorations;
Review ISDA/CSA/GMRA terms, and monitoring counterparty risk in repo and derivatives transactions;
Recommend on appropriate trading limits and guidelines;
Validation of risk functions and models used in systems;
Assist in formulating relevant risk policies

Requirements

Degree holder in Finance, Risk Management, Mathematics, Statistics, Financial Engineering or other appropriate discipline;
Minimum 4 years relevant risk management experiences in investment bank, securities or asset management firms;
Solid knowledge on counterparty credit risk assessment and derivatives risk measures (e.g. option greeks);
Familiar with industry standard Master Agreements (ISDA, GMRA), netting, collateral, close-out policies etc;
Good understanding of financial derivatives, especially on legal documentation;
FRM preferred;
Team player with willingness to communicate and share within the team;
Good problem solving ability and detail minded;
Strong proficiency of written and spoken English and Chinese (including Putonghua);
Skill to communicate with other stakeholders

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