Senior Investment Manager, Asset Allocation - HSBC Insurance

Hong Kong
Jan 18, 2019
Jan 20, 2019
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Join our fast-growing Asia Wealth Management teams

HSBC Insurance provides a comprehensive range of life products and services to suit the every possible need of our personal, commercial, corporate, institutional and private banking customers. As a leader in new life insurance business and Hong Kong's largest administrator of retirement schemes, the business serves this diverse client portfolio from its management offices in Hong Kong and through a wide network of banking, consumer finance and insurance subsidiaries throughout the Asia-Pacific region.

We are currently seeking a high caliber professional to join our team as Senior Investment Manager, Asset Allocation.

Principal responsibilities​
  • Under guidance of Group Insurance Chief Investment Officer, recommend tactical asset allocation and hedging strategies within the risk limits regarding the definition of the strategic asset allocation, taking into consideration, Group Insurance's investment strategy at global and local levels, the return targets, competitive environment, risk appetite and limits of the entity, the profiles and sensitivities of the projected cash flows or ALM requirements, and the regulatory capital, economic capital, tax and accounting impacts of the recommended strategies
  • Support Group Chief Investment Officer develop tactical asset allocation framework for the management of the insurance portfolios. Tactical asset allocation framework will be used at both Group and Entity level where possible.
  • Collaborate with HSBC Global Asset Management to ensure timely and effective implementation of asset strategy. He or she will also challenge, review and facilitate the asset allocation decisions across the board.
  • Develop, advise and facilitate derivatives strategies for efficient portfolio management and hedging purposes. Develop a robust, consistent and prudent derivatives strategy platform to support business strategy and portfolio management.
  • Participate in the strategic asset allocation process and to support existing and new investment products for meeting return targets.
  • Keep abreast of global developments in the capital markets and insurance industry and changes in regulatory, actuarial and accounting regime, particularly in relation to insurance investment management and financial reporting.
  • As invitee to the Group Insurance Investment Committee and provide support and advice. Collaborate and cooperate with Group Investment at both local and global levels.

  • University graduate with solid experience in investment industry, preferably insurance companies or institutional investors, and additional professional qualifications in Financial, Actuarial or Investment, CFA or FRM can be a plus.
  • Strong quantitative and financial modeling background is preferred. Hands on experience of building Tactical Asset Allocation models for institutional portfolio management.
  • Familiarity with sophisticated derivatives instruments, solutions and applications.
  • Hands on experience and proven expertise in investment management, including managing funds for an insurance company or retirement business, ideally in an asset allocation role.
  • Broad exposure to, and expertise in a variety of asset class, including equities, fixed income, as well as derivatives and structured products, coupled with strong understanding of Insurance business and regulatory constraints.
  • Familiarity with risk management measures like VaR, tracking error, credit exposure limits.
  • Innovative strategic thinker with strong quantitative and analytical skills; including ability to think outside the box and conceive solutions to complex issues
  • Excellent communication skills and English proficiency

You'll achieve more when you join HSBC.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

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