Risk Manager (FICC/ Equity Market/ Product Control)

Employer
Guotai Junan (Hong Kong) Limited
Location
Hong Kong
Salary
Competitive
Posted
Sep 15, 2017
Closes
Oct 22, 2017
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors

Responsibilities:

FICC

  • Perform day-to-day assessment of positions, analyze large P/L events (Brexit, US election), VaR movement and identify new risk, ensure the limits are well monitored and properly reported;
  • Review and set trading compliance rules for trading books;
  • Assist in the test, development and modification of internal tail risk calculator for structures products transactions;
  • Validate and test key risk metrics in BRM, MARS and risk system;
  • Preparation of monthly risk reports on FICC or Asset Management;
  • Consolidate & analyze aggregated stressed loss calculation for FICC and Asset Management; and
  • Analyze the liquidity risk of FICC and Asset Management products.

Equity Market

  • Identify, monitor and manage market risk exposure, including pre-trade approval and post trade risk report;
  • Work closely with Front Office & Senior Risk management to analyze and explain market risk and PnL movements;
  • Execute market risk policies and guidelines on different business lines. Contribute to the improvement of the existing market risk management to ensure market risk can be efficiently captured and managed; and
  • Maintain and develop market risk analysis and reporting frameworks and produce management reports and analysis reports.
  • Ideal Profile: Trade approval experience on trading floor.

Product Control

  • Daily P&L production for FICC and Equity derivative trading desks, mainly covering China and other Asia markets;
  • Work closely with trading desk, trade support, risk management on a daily basis to ensure accurate P&L reporting and analysis;
  • Investigate and resolve P&L and valuation discrepancies between trading desk and product control, and be able to explain to the trading desk accordingly;
  • P&L commentary of business units including P&L attribution analysis;
  • Coordinate or formulate control policies and procedures;
  • Support new business initiatives and design P&L reporting for new products;
  • Ensure use of proper model for trade valuation; and
  • Reserve calculation and be able to justify trading desk.

Requirements:

  • Quantitative background in Science/Mathematics/Financial Engineering/Risk Management, CFA/FRM is a plus;
  • Minimum 3-8 years of Market Risk experience within investment banking/ brokerage/ security house / asset management / hedge fund
  • Strong knowledge and working experience on equity, FICC and derivative products;
  • Basic knowledge in asset valuation, e.g. bonds, options, TRS, etc;
  • Superior Excel and Access skills including VBA programming;
  • Be able to communicate effectively across all levels, especially to trading desks;
  • Strong analytical skills and highly numerate. Sound understanding of quantitative concepts relating to Greeks, P&L explain, VaR and stress testing;
  • Ability to multi-task in a fast-paced environment, work well under pressure with commitment to deliver under tight deadlines;
  • Modeling skills, preferred with good programming skills; 
  • Strong team player; and
  • Good command of written and spoken Chinese and English; Proficiency in Putonghua is a must.

We offer an attractive remuneration package to the right candidate. Interested parties please forward your full resume with availability, expected salary to hr@gtjas.com.hk or send it to 27/F., Low Block, Grand Millennium Plaza, 181 Queen's Road, Central, Hong Kong.

(Data collected will be kept strictly confidential and used for recruitment purpose only.)