Senior Market Risk Analyst - Mandarin speaking

THE COMPANY:

Our client is multinational Corporate banking company, with over 13,000 branches worldwide.

THE RESPONSIBILITIES:

• To ensure that market risk exposures are accurately reported in accordance with Market Risk policy to the senior management, the business areas and other support areas as required, and to monitor on a daily basis the adherence to approved market risk limits
• To assist the senior market risk manager in maintaining and improving the risk infrastructure of the Branch: to improve reporting as required and to contribute to projects through documenting user requirements and UAT
• To assist the senior market risk manager in improving the methodology for accurately calculating market risk exposures from new and existing products and business, including portfolio market risk measures such as VaR along with an appropriate back-testing framework
• To perform stress testing and qualitative risk assessments of different business units and implement appropriate scenarios for market risk stress testing.
• To monitor news and other market information that indicates material changes in the assessment of the Branch’s market risks, and to inform the senior management and the relevant Business Areas in a timely manner
• To provide support, advice and assistance to all Business Areas on all market risk and valuation-related matters, including structuring of prospective transactions to mitigate market risk appropriately and to maximize earnings whilst minimizing risk
• To assist the senior market risk manager in liaising with Head Office regarding market risk and other risk related matters
• To assist the senior market manager on country risk management and counterparty credit risk related matters
• To assist the senior market risk manager with the internal and external auditors as required
• To act as the administrator of relevant risk and trading systems
• Reporting and escalating material risk events, including conduct risk events and conflicts of interest, or losses
• Responsibility for the provision of policy, tools, techniques and support to enable conduct and compliance risk to be managed in the first line. Conduct monitoring and reporting to assess the design and effectiveness of first line controls and ensure consistency of definitions and measurement of conduct risk. To ensure policy and processes meet legal and regulatory requirements, identify opportunities to improve the framework and collaborate with the First Line of Defence to implement and embed changes.

EXPERIENCE REQUIRED:

• Extensive knowledge of market risk measurement methodologies and advanced market risk management principles and techniques, and experience of implementing them effectively in a banking environment.
• An in-depth knowledge of a broad range of wholesale banking and treasury products, including options, and a strong understanding of their valuation; a good understanding of complex derivative/structured products’ risk and valuation would be advantageous.
• A good understanding of the PRA regulatory framework and of capital management requirements would be useful but not essential
• A good understanding of country risk management and counterparty credit risk would be useful but not essential
• Excellent communication skills in English and Mandarin, both written and verbal