HK ICG Risk Market Risk Manager Issuer Risk

Full-time

Posted 

Technical Skills

  • Compliance
  • Financial Risk
  • Liquidity Risk
  • Market Risk
  • Stress testing
  • Visual Basic

Job Description

HK ICG Risk Market Risk Manager Issuer Risk

Location: APAC-HKG-Hong Kong-Hong Kong

Background:

  • Market Risk Management is the independent group that oversees market and liquidity risk. This role focuses on issuer risk within the APAC markets Credit trading businesses; as well as providing market risk coverage of the Emerging Market Credit Trading desk

Key Responsibilities:

  • Support market risk managers with assessment, analysis and approvals of Issuer Risk within their respective businesses; specifically:
  • Review and assess SES margin loan transactions based on risk, legal structure, liquidity, capital and expected returns, and make appropriate approval decisions and/or recommendations based this assessment
  • Provide Shadow Rating analysis and recommendations when applicable for unrated issuers
  • Review and assess Issuer Limit exceptions required to support trading opportunities identified by the business, block trades, secondary loan trading, portfolio acquisitions etc.
  • Review and assess Gap and Issuer Risk in structured credit products such as Leveraged Notes and unfunded TRS, as well as transactions executed under EMCT’s loan origination and defeasance program
  • Market risk management oversight for credit trading activities, as well as involvement in other regional risk initiatives
  • Review and approve an appropriate market risk limit framework for Credit Trading and monitor compliance with established market risk limits/triggers
  • Active involvement in the new product approval
  • Review and analyse exposures and prepare reports for senior management, local RMC and other risk governance committees
  • Propose parameters and implement comprehensive stress testing scenarios at business or legal vehicle level

Qualifications

  • An undergraduate degree in a quantitative or financial discipline. Postgraduate qualifications and/or additional qualifications, such as CFA or Financial Risk Management (FRM) will be an advantage
  • Good computing skills essential, including general business applications (e.g. Microsoft Office), programming experience (e.g. Visual Basic) and database and/or advanced spreadsheet use would be preferable
  • Good interpersonal and communication skills, as the role requires interaction with senior management and various constituents across business and support functions
  • Good attention to detail and strong analytical skills
  • A willingness to take an active involvement in day-to-day activity and flexibility in addressing a number of projects simultaneously. 
  • Ability to identify issues, take initiative and operate with limited supervision
  • Ability to work well as part of a team preferable
Employment TypeFull-time
Education LevelBachelor
QualificationCertified Financial Risk Manager (FRM), CFA Level III / CFA Charterholder
LanguageEnglish
CitibankFinancial Services, Retail and Commercial Banking

50/F, Champion Tower 3 Garden Road Central, Hong Kong

directions_walk12 mins walk from Admiralty Station