Risk Manager - Asset Management Malaysia

HSBC Bank (M) Berhad
Kuala Lumpur, Malaysia
Jul 19, 2019
Jul 25, 2019
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
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Global Asset Management

Global Asset Management, the investment management business of the HSBC Group, serves HSBC's worldwide customer base of retail and private clients, intermediaries, corporates and institutions invested in both segregated accounts and pooled funds. Global Asset Management fulfils its purpose of connecting HSBC's clients with investment opportunities around the world through an international network of offices in approximately 30 countries, delivering global capabilities with local market insight.

We are now inviting qualified individuals to join this team in the role of Risk Manager.

Principal Responsibilities:

  • The Risk Manager is responsible for leading the Asset Management Risk function of the Malaysian entity to ensure that all the risks within Asset management Malaysia are being identified, assessed, monitored and controlled per the local regulation, HSBC Group standards and market best practices to protect the clients, employees, assets and reputation of the company and support the growth of the assets, their profitability and sustainability.
  • The Risk Manager will directly support the ASP CRO and contribute to put in place the appropriate and sustainable risk oversight with the right level of engagement with the business in a continuous and proactive manner.
  • Risks include but is not limited to investment risk, counterparty credit risk, operational risk, liquidity risk, information risk, legal and regulatory risk as well as overall reputational risk to the business from any source.
  • Implement risk policies to ensure the Malaysian entity operates within AMG's approved risk appetite in achieving the strategic goals and growth.
  • Put in place the agreed risk governance framework including appropriate committees and governance forums.
  • Engage with peers risk stakeholders across Asset management entities to set up an effective oversight of the delegated investment management activities in accordance with internal policies and Malaysian regulation and requirements, especially in regards to investment risk monitoring.
  • Monitor, report and escalate in the appropriate risk forum any exception for further discussion and decision.
  • Engage with our customers/colleagues and stakeholders to build a trust-based relationship and deliver an effective feedback and support, enabling continual development and service improvement while protecting them.
  • Ensure risk policies and governance frameworks are appropriately implemented in their corresponding business.
  • Promote the use of risk management processes, tools and thoughts to fully embed the risk management framework across the entity and ultimately ensure the 3 lines of Defence model implementation and embedding

  • Robust understanding and in-depth knowledge in regards to the management and monitoring of different types of risk: liquidity, market, counterparty, valuation and pricing of instruments: creation and/or development of improved diversified and complete risk metrics, methodologies, framework, processes and systems based on in-depth knowledge and experience.
  • Ability to translate the understanding of regulatory and/or internal principles and policy into more complex actions and output: creation of exposure metrics using or developing a model, development of practical processes and processes, establishing methodology for determining risk exposure limits.
  • Ability to establish credibility, authority and influence with the key stakeholders, while developing engagement and communication with them
  • Educational background: Graduate degree in Finance or related discipline, professional certification (CFA,FRM, PRM) is a plus.
  • Professional experience: Senior experience in asset management industry, preferably in risk and control functions, within an international work environment
  • Solid finance knowledge of financial instruments and their valuations mechanisms, familiar with Shariah requirements and principles.
  • General understanding of the local legal and regulatory frameworks.
  • Ability to multitask and work under pressure, sometimes with tight deadlines, curious, well-organized, analytical and numerical skills, team-player but ability to work independently and take initiatives.

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