Associate Director, Credit Risk
- Employer
- Elysian Executive Solution
- Location
- Hong Kong, Hong Kong
- Salary
- Negotiable
- Closing date
- Nov 15, 2022
View more
- Job Function
- Credit Analysis
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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Associate Director, Credit Risk/ Counterparty Risk
Job Description
• Review counterparty risk and keep counterparty risk under the control
• Review and assess credit exposures deriving from OTC transactions
• Review and assign appropriate internal credit rating
• Familiar with Prime Brokerage business, especially on the model of rule base margining, Portfolio Stress, Model calibration and validation for linear and nonlinear products
• Prepare credit files and write ups, review credit limit applications and make appropriate recommendations to senior management for higher approval delegation
• Assist in review and negotiation of credit terms within Master agreements (i.e. ISDA, GMRA, GMSLA)
• Prepare daily credit reports and monitor credit exposures. Resolve issues when exceptions occur and properly escalate to senior team members as necessary
• Monitor for adverse news which could potentially deteriorate counterparty / issuer credit quality
• Produce Risk Committee and Management reports
• Review and update procedures
• Support ad-hoc requests from business and other internal clients
Requirements
• 6+ years of relevant risk management experience in Brokerage / Financial institution (Candidates with less experience will be considered as Associate)
• Bachelor Degree holder in Finance, Business or related discipline
• Possess good knowledge of financial products (i.e. Equities, Futures & Options, FICC, OTC derivatives)
• Sound understanding of credit risk management, able to identify relevant exposures from different products
• Experienced with credit review and write-ups
• A good team player, quick learner, self-motivated with strong sense of responsibility and discipline;
• Proficient in Excel / Macro
• Good command of written and spoken English, Chinese (Mandarin and Cantonese)
Job Description
• Review counterparty risk and keep counterparty risk under the control
• Review and assess credit exposures deriving from OTC transactions
• Review and assign appropriate internal credit rating
• Familiar with Prime Brokerage business, especially on the model of rule base margining, Portfolio Stress, Model calibration and validation for linear and nonlinear products
• Prepare credit files and write ups, review credit limit applications and make appropriate recommendations to senior management for higher approval delegation
• Assist in review and negotiation of credit terms within Master agreements (i.e. ISDA, GMRA, GMSLA)
• Prepare daily credit reports and monitor credit exposures. Resolve issues when exceptions occur and properly escalate to senior team members as necessary
• Monitor for adverse news which could potentially deteriorate counterparty / issuer credit quality
• Produce Risk Committee and Management reports
• Review and update procedures
• Support ad-hoc requests from business and other internal clients
Requirements
• 6+ years of relevant risk management experience in Brokerage / Financial institution (Candidates with less experience will be considered as Associate)
• Bachelor Degree holder in Finance, Business or related discipline
• Possess good knowledge of financial products (i.e. Equities, Futures & Options, FICC, OTC derivatives)
• Sound understanding of credit risk management, able to identify relevant exposures from different products
• Experienced with credit review and write-ups
• A good team player, quick learner, self-motivated with strong sense of responsibility and discipline;
• Proficient in Excel / Macro
• Good command of written and spoken English, Chinese (Mandarin and Cantonese)
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