Market Risk Manager - Senior Vice President

Hong Kong, Hong Kong
29 Sep 2022
13 Oct 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Citi Hong Kong's Market Risk Manager acts as the second line of defense for the holistic management of risk across asset classes and legal entities. Market Risk team is responsible for the oversight and monitoring of market risk. This role engages extensively with regional and global market risk management team to co-ordinate market risk taking activities across Citi's global network. Successful candidate will also be able to gain exposure working with regional and global seniors on critical projects/initiatives.

  • Oversee and monitor market Risk for Hong Kong.
  • Monitor exposures under the limit framework to ensure adherence to the market risk policies.
  • Work closely with the trading desk personnel to ensure market risk is managed in a controlled fashion, all issues are escalated in a timely manner and challenge and limits are appropriate and regularly reviewed.
  • Close co-operation with other market risk managers responsible for individual CGME products / desks / branches
  • Support Asia Portfolio Market Risk Head in evaluating legal vehicle market risk controls and framework for any new business or strategic initiatives.
  • Review Hong Kong legal vehicles market risk positions in the context of limits, mandates and pre-approved product lists. Escalation of issues, with appropriate suggested mitigations, to Hong Kong Senior Risk Management team.
  • Ensure the delivery of market risk reports/commentary to relevant Risk Committees, regulators and Senior Management.
  • Assess market risk aspects of new products for Hong Kong working in close co-operation with senior business sponsors and risk chairs for New Products Committees.
  • Prepare market risk component of Risk Appetite Statements, Stress Testing and other ad-hoc regulatory or legal entity governance projects.
  • Ensure that market risk component of relevant audits, inspections and reviews are completed successfully and address remediations as needed.
  • Ensure that any market risk follow up actions raised by internal and external audits are diligently performed.
  • Undertake global/regional critical projects and ad-hoc risk requests as they arise

  • Bachelor's/University degree , Post-graduate education in Economic, Finance, Financial Risk Management, or other quantitative discipline preferred
  • 10+ years of working experience
  • Fluent in written and spoken English, Cantonese and Mandarin
  • Experience in FRTB an advantage

  • Extensive relevant market risk experience in an international banking organization with a diverse product set (Rates and Currencies, Credit, and Equities)
  • XVA knowledge is an asset
  • Authority to command attention with Markets Trading Desks and enforce risk decisions in a relevant commercial manner but in a way, which also meets Citi's risk related policies.
  • Interaction with auditors / regulators and understanding of applicable best practice guidelines and regulations.
  • Up-to-date working knowledge of regulatory requirements and change, specifically those from Basel and local Hong Kong regulators
  • It is essential that the candidate has a proven ability to analyze and assimilate information for presentation to legal entity committees and senior management (internally and externally).
  • With experience managing own team or cross functional teams

  • Integrity, maturity, dependability
  • Ambitious and hard working
  • Positive and pro-active professional attitude
  • Ability to manage multiple demands
  • Self-driven and finds it natural to take initiative and set the agenda
  • Leads by example as a strong role model
  • Strong quantitative and analytical skills.
  • Strong interpersonal and communications skills (written / verbal) at all organizational levels.
  • Strong tenacity and resilience
  • Highly motivated, attention to detail, team oriented, organized
  • Excellent teamwork and project management skills

Job Family Group:
Risk Management
Job Family:
Market Risk
Time Type:
Full time
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