Senior Credit and Product Control Manager

Employer
Tongfang Securities Ltd
Location
Hong Kong, Hong Kong
Salary
Competitive
Posted
May 19, 2019
Closes
Jun 18, 2019
Ref
5785944
Job Function
Credit Analysis
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Job Description
  • Develop credit, market and product risk policies and monitor the compliance of these policies;
  • Develop market risk management processes such as limit setting and monitoring, risk reporting, back-testing and stress testing;
  • Review, enhance and implement credit risk stress-testing models;
  • Handle the calculation of market risk capital charges based on individual components, e.g. value-at-risk (VaR), stressed value-at-risk and incremental risk charge;
  • Develop and handle other controls and infrastructure related to market risk management such as new product review, product control, model validation and risk data;
  • Perform independent review of product (e.g. funds, bonds) due diligence process, including product risk rating for financial products;
  • Perform due diligence and analysis on clients and counterparties that may range from individuals, corporates and institutions, with applicable regulatory guideline and/or industry best practices;
  • Prepare product due diligence/on-going due diligence, and monitor developments and conduct periodic reviews on financial products in the products approved list;
  • Monitor the collateral exposure instantly to ensure the proper actions are taken for credit risk control purpose;
  • Collect data and prepare credit proposals and reports for further analysis and decision making.

Requirements
  • Degree in Business Administration, Finance or related disciplines;
  • A degree-level education (or equivalent) in a numerate discipline - post graduate qualifications within a relevant field i.e. CFA, FRM, PRIMA would be an added advantage;
  • Minimum 8-10 year working experience related to risk management field;
  • A solid understanding of risk measurement frameworks, particularly internal risk frameworks such as Economic Capital or/and a strong knowledge of risk management metrics (e.g. VaR, Stressed VaR, IRC, Capital models, etc);
  • Proven experience in product due diligence and risk analysis;
  • Proficient in MS Office applications.

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