Wells Fargo Bank

APAC Market Liquidity and Counterparty Risk Analyst

Wells Fargo Bank
Full Time
Senior (6-10 years)
Bachelor
English, Japanese

Job Description

APAC Market Liquidity and Counterparty Risk Analyst

 
1.Main function of the job:
The APAC Regional Risk group is responsible for the risk governance, leadership, and oversight of all activities in the region, ensuring compliance with established risk programs and policies on behalf of the Regional Risk Executive.  The Risk Analyst will support the APAC Market, Liquidity, and Counterparty Risk Manager in managing Wells Fargo’s regional risk strategy as it relates to Market Risk, Liquidity Risk, and Counterparty Credit Risk. The role will focus in particular on credit analysis of counterparties in APAC (mostly non-bank financial institutions) which are not covered by any other line of business.2.          Location: Hong Kong  
3.            Responsibilities:
  • Underwrite credit and approve traded product limits for counterparties in APAC which are not covered by any other line of business. Counterparty types include Hedge Funds, Asset Managers, Broker/Dealers and Insurance Companies.
  • preparation of credit packages and annual reviews;
  • working with multiple sales/trading desks to understand the business and risks being undertaken with these counterparties;
  • Performing ongoing monitoring of counterparty quality and exposures including investigating trade excesses and exposure variations; limit increases; quarterly certification of existing ratings.
  • conducting due diligence calls
  • Negotiating or providing guidance in the negotiation of ISDA/CSAs, GMRAs/MRAs
  • Take responsibility for developing region specific counterparty risk reports
  • Daily monitoring of market, liquidity and counterparty risk limits
  • Providing assistance in reviewing and coordinating new or modified initiatives or product processes in relation to risk matters arising from the growth and continued expansion of APAC’s Wholesale businesses
 
4.            Skills/Experience Requirements:
  • University Degree
  • 6+ years’ experience in credit underwriting/analysis  or market (fixed income) & liquidity risk management
  • Experience in dealing with traded products including derivatives, financing trades and structures
  • Strong Microsoft Office skills – Excel/PowerPoint/Word
  • Strong verbal and written communication skills in English and strong Japanese reading skills
  • Ability to partner with a wide range of colleagues including sales, trading, legal, operations
  • Strong analytical and process skills
  • Ability to write, organize, and present information in a clear and understandable format to a wide range of audiences
  • Ability to multi-task and  work on a variety of time-sensitive tasks / meet deadlines
 
5. Skills/Experience Preferred:
  • Prior capital markets risk experience in a global financial institution
  • Experience covering the Japanese  market
  • Experience in credit underwriting/analysis  of hedge funds, money funds, non-bank financial institutions
  • Experience negotiating legal documentation (ISDAs/CSAs, GMRAs/ MRAs)

Requirements

Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
 

Technical Skills

  • Capital Markets
  • Counterparty Risk
  • Credit Analysis
  • Credit Risk
  • Derivatives
  • Due Diligence
  • Fixed Income
  • Formatting
  • Hedge Funds
  • Liquidity Risk
  • Market Risk
  • Microsoft Excel
  • Microsoft Powerpoint
  • Microsoft Word
  • Negotiation
  • Risk Reporting
  • Sales
  • Underwriting