APAC Equity Risk Strategist (AVP)

Citi; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

Citi in Hong Kong seeks an APAC Equity Market Risk Manager (AVP) to measure, monitor, and analyze risk for the APAC Equities business, with emphasis on Cash Equities and Prime Delta One. You will integrate quantitative methods and market knowledge to drive risk insights and challenge trading desks.

Key responsibilities include stress testing, VaR analytics, P&L analysis, and developing automation in risk reporting using Python.

Qualifications

• 3-5 years relevant experience in market risk management, quantitative risk analytics, or equity derivatives/prime/cash trading floor support
• Strong understanding of APAC Equities markets, with specific familiarity in Cash Equities and Prime Business (with Delta One)
• Proficient quantitative skills and practical knowledge of risk methodologies (Historical Simulation VaR, SVaR, Expected Shortfall, stress testing, and Greeks: Delta, Dividend, Borrow, etc)
• Proficient in Python for data manipulation, risk analytics, and automation; strong SQL and advanced MS Office skills (Excel/VBA)
• Proven ability to perform deep data and P&L analysis, formulate independent risk opinions, and provide credible challenge to front-office stakeholders
• Excellent written and verbal communication and diplomacy skills, with the ability to articulate complex quantitative concepts to various levels of seniority
• Excellent project management, organizational, and problem-solving skills with capability to handle multiple priorities in a dynamic trading floor environment
• Professional certifications such as FRM or CFA are an advantage

Responsibilities

• Stay close to the market by actively monitoring daily market risk exposures, market developments, and P&L drivers across APAC Cash Equities and Prime books
• Work with trading desks to ensure that all relevant equity risk factors are properly identified and captured in official risk systems
• Perform quantitative risk analysis and portfolio evaluations utilizing Historical Simulation VaR, Stressed VaR (SVaR), Expected Shortfall, and granular sensitivity/Greek metrics (E.g. delta, dividend, borrow, etc)
• Provide proactive, credible risk challenge to trading desks and front-office partners regarding outsized risk concentrations, basis risk, liquidity constraints, and trading strategies
• Assist senior risk managers in evaluating, structuring, and approving non-standard transactions, complex derivatives, and bespoke client financing arrangements
• Conduct risk limit monitoring, investigate limit breaches, and coordinate with trading desks on timely limit excess remediation and escalation
• Participate in the design, development, and execution of business-level stress testing and scenario analysis that properly considers regional market shocks, liquidity shortfalls, and concentration risks; review results and recommend follow-up actions
• Facilitate high-quality risk reporting and analysis to provide transparent, independent risk insights for senior risk committees and management
• Utilize Python and data analytics tools to automate risk reporting pipelines, enhance data analysis, and support portfolio risk modeling
• Participate in the ongoing development, implementation, and upgrade of core market risk systems and quantitative risk infrastructure
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding the firm, its clients, and assets by driving compliance with applicable policies, laws, and regulations, applying sound ethical judgment, and escalating control issues with transparency

Skills

Market risk analytics

Python

SQL

Communication

Risk modeling

Stress testing

Education

Bachelor's/University degree in a quantitative or financial discipline

Tools

Python

SQL

Excel/VBA

Job description

Citi in Hong Kong seeks an APAC Equity Market Risk Manager (AVP) to measure, monitor, and analyze risk for the APAC Equities business, with emphasis on Cash Equities and Prime Delta One. You will integrate quantitative methods and market knowledge to drive risk insights and challenge trading desks.

Key responsibilities include stress testing, VaR analytics, P&L analysis, and developing automation in risk reporting using Python.