APAC Market Risk, Assistant Vice President
1650 State Street Asia Limited
Get a reply from this employer
Your resume and cover letter, tailored to exactly what they’re hiring for.
Job summary
State Street Corp in Hong Kong seeks an Assistant Vice President, Market Risk for the Global Treasury Risk Management team. You will support second-line oversight of trading market risk across APAC, contributing to risk monitoring, reporting, and governance in a global financial institution.
You will engage with risk managers, traders, and model specialists, applying quantitative risk measurement and regulatory knowledge while advancing risk analytics and governance initiatives.
Qualifications
- Bachelor's degree or higher in Finance, Economics, or related quantitative discipline.
- 3+ years of experience in market risk management, treasury risk, quantitative risk, or related discipline within a financial institution.
- Familiarity with Foreign Exchange and Interest Rate products, including forwards, swaps, NDFs, and options.
- Knowledge of equity swaps, including equity index and basket swap structures, is advantageous.
- Understanding of risk measurement methodologies including VaR, sensitivities, stress testing, and back-testing.
- Experience or demonstrated capability in developing analytical tools, reports, or prototypes using Python and SQL.
- Familiarity with Bloomberg, Reuters, or similar market data and risk platforms preferred.
- Knowledge of FRTB, Market Risk Rule, Volcker Rule, or other market risk regulatory frameworks is advantageous.
Responsibilities
- Support independent second-line oversight of market risk across APAC Markets and Treasury activities, monitoring risk exposures and identifying significant risk drivers, portfolio vulnerabilities, and emerging risks.
- Monitor market risk measures including VaR, sensitivities, stress testing results, and limit utilization, investigating material movements, exceptions, and anomalies.
- Analyze risk data, position information, and reporting outputs to support the accuracy, integrity, and effectiveness of market risk monitoring and governance processes.
- Perform stress-testing analysis and support the development of stress-testing scenarios, methodologies, documentation, and portfolio risk assessments.
- Support independent risk reviews of new products, business initiatives, and changes to trading activities.
- Contribute to the enhancement of market risk systems, analytics, tools, and reporting processes, including testing, implementation support, requirements gathering, and data validation activities.
- Assist with regulatory initiatives and market risk framework enhancements, including activities related to FRTB, the Market Risk Rule, Volcker Rule, and other applicable regulatory requirements.
- Build strong working relationships with stakeholders across risk, business, technology, operations, and control functions while contributing to risk governance, reporting, and project initiatives.
Skills
Education
Tools
Job description
We are looking for an Assistant Vice President, Market Risk to join the Global Treasury Risk Management (GTRM) team within Enterprise Risk Management (ERM). In this role, you will support independent second-line oversight of trading market risk across Markets and Treasury activities, with a primary focus on the APAC region. You will contribute to regional and global risk monitoring, analysis, reporting, governance, and strategic risk initiatives. This is an excellent opportunity for a motivated market risk professional to develop expertise across risk oversight, quantitative risk measurement, regulatory initiatives, and risk governance while working closely with experienced risk managers, traders, model specialists, and business stakeholders across a global financial institution.
Global Treasury Risk Management (GTRM) provides independent second-line oversight of trading market risk across the Markets and Treasury divisions, as well as capital, liquidity, and investment risk oversight of Treasury banking book activities. As part of Enterprise Risk Management, the team plays a critical role in safeguarding the firm's financial resilience, strengthening risk governance, and ensuring adherence to regulatory expectations globally. In this role, you will help ensure that market risks are appropriately identified, measured, monitored, challenged, and governed across a complex global organization. You will also contribute to enhancements in risk frameworks, regulatory initiatives, risk analytics, and market risk infrastructure supporting the firm's trading activities.
- Support independent second-line oversight of market risk across APAC Markets and Treasury activities, monitoring risk exposures and identifying significant risk drivers, portfolio vulnerabilities, and emerging risks.
- Monitor market risk measures including VaR, sensitivities, stress testing results, and limit utilization, investigating material movements, exceptions, and anomalies.
- Analyze risk data, position information, and reporting outputs to support the accuracy, integrity, and effectiveness of market risk monitoring and governance processes.
- Perform stress-testing analysis and support the development of stress-testing scenarios, methodologies, documentation, and portfolio risk assessments.
- Support independent risk reviews of new products, business initiatives, and changes to trading activities.
- Contribute to the enhancement of market risk systems, analytics, tools, and reporting processes, including testing, implementation support, requirements gathering, and data validation activities.
- Assist with regulatory initiatives and market risk framework enhancements, including activities related to FRTB, the Market Risk Rule, Volcker Rule, and other applicable regulatory requirements.
- Build strong working relationships with stakeholders across risk, business, technology, operations, and control functions while contributing to risk governance, reporting, and project initiatives.
Strong analytical and quantitative problem-solving skills.
Interest in market risk measurement, traded products, risk systems, regulatory requirements, and risk governance.
Ability to investigate complex risk movements, data issues, and calculation outputs with attention to detail.
Strong communication and documentation skills, with the ability to present analysis clearly to both technical and non-technical stakeholders.
Ability to collaborate effectively across risk, business, technology, and operational teams.
High standards of integrity, independence, and professional conduct.
Bachelor's degree or higher in Finance, Economics, or a related quantitative discipline.
3+ years of experience in market risk management, treasury risk, quantitative risk, or a related discipline within a financial institution.
Familiarity with Foreign Exchange and Interest Rate products, including forwards, swaps, NDFs, and options.
Knowledge of equity swaps, including equity index and basket swap structures, is advantageous.
Understanding of risk measurement methodologies including VaR, sensitivities, stress testing, and back-testing.
Experience or demonstrated capability in developing analytical tools, reports, or prototypes using Python and SQL.
Familiarity with Bloomberg, Reuters, or similar market data and risk platforms preferred.
Knowledge of FRTB, Market Risk Rule, Volcker Rule, or other market risk regulatory frameworks is advantageous.
Ability to work effectively in a collaborative and globally distributed environment.
Strong organizational skills and ability to manage multiple priorities in a dynamic environment.
Willingness to learn, develop technical expertise, and contribute to continuous improvement initiatives.
Hybrid work environment based in Hong Kong. Flexibility to collaborate with global stakeholders across multiple time zones.
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
We consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Read our CEO Statement
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement
'/%3e%3cpath%20d='M101.744%2012.4726L102.894%2016.1947L99.0021%2013.2201L101.744%2012.4726ZM105.3%208.40937H100.488L99.0026%203.59473L97.5116%208.41047L92.7%208.40385L96.5965%2011.3834L95.1055%2016.1942L99.0021%2013.2196L101.408%2011.3834L105.3%208.40992V8.40937Z'%20fill='white'/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_5593_1381'%20x1='90'%20y1='9.44471'%20x2='99'%20y2='9.44471'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%2300AD70'/%3e%3cstop%20offset='0.998594'%20stop-color='%2300B67A'/%3e%3cstop%20offset='1'%20stop-color='%23DCDCE6'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e){kind=small}
