Associate / Senior Associate, Counterparty Risk Management

China Securities (International) Finance Holding Company Limited; Hong Kong; On-site; HKD 700,000 - 1,000,000; Full time

Job summary

China Securities (International) Finance Holding Company Limited is seeking an Associate / Senior Associate to support the Head of Risk Management in overseeing counterparty credit risk across the firm’s activities. The role involves maintaining a rigorous risk monitoring framework, developing risk policies, and ensuring exposures stay within regulatory requirements and internal risk appetite.

Responsibilities include managing policy development for OTC derivatives, monitoring counterparty

Qualifications

• Bachelor's degree in Mathematics, Finance, Economics, or related quantitative field.
• Minimum 3 years' experience in counterparty credit risk management at leading banks or securities firms
• Strong understanding of ISDA/CSA, GMRA, GMSLA agreements
• Experience with cross-border and overseas operations; familiarity with derivative products and brokerage
• Good English and Chinese communication skills (Putonghua)
• CFA and/or FRM qualification preferred
• Strong programming knowledge (VBA, Python, C++, Linux)

Responsibilities

• Assist in the development and management of policies, procedures, and systems that support the front-office for OTC derivatives and related businesses.
• Establish, review, and monitor counterparty exposure limits; ensure accurate and timely risk data in the risk management system; and produce daily risk reports.
• Contribute to enhancement of counterparty risk measurement models and risk system functionalities.
• Support onboarding of new counterparties by reviewing credit terms in ISDA Master Agreements and CSAs.
• Apply the internal credit rating model to assess and monitor counterparty creditworthiness.
• Participate in monitoring and approval processes for margin financing and other brokerage-related activities.
• Build and maintain effective working relationships with internal stakeholders and risk teams.

Skills

Counterparty risk management

Risk data analysis

Communication

Programming (VBA)

Education

Bachelor's degree in Mathematics/Finance/Economics

Tools

ISDA/CSA

GMRA/GMSLA

Python

C++

Job description

Associate / Senior Associate, Counterparty Risk Management

Support the Head of Risk Management in overseeing counterparty credit risk across the Company's activities. Maintain a rigorous risk monitoring framework to ensure exposures remain within regulatory requirements and internal risk appetite.

Key responsibilities

Assist in the development and management of policies, procedures, and systems that support the front-office for OTC derivatives and related businesses.

Establish, review, and monitor counterparty exposure limits; ensure accurate and timely risk data in the risk management system; and produce daily risk reports.

Contribute to the enhancement of counterparty risk measurement models and the continuous improvement of risk system functionalities.

Support the onboarding of new counterparties by reviewing credit terms in legal documentation, including ISDA Master Agreements and Credit Support Annexes (CSAs).

Apply the internal credit rating model to assess and monitor counterparty creditworthiness.

Participate in the monitoring and approval processes for margin financing and other brokerage-related activities.

Build and maintain effective working relationships with internal stakeholders and the risk teams.

About you

Bachelor's degree in Mathematics, Finance, Economics, or a related quantitative field

Minimum 3 years' experience in counterparty credit risk management at leading banks or securities firms

Strong understanding of legal agreements (ISDA/CSA, GMRA, GMSLA)

Strong comprehension of cross-border and overseas business operations, with expertise in derivative products and brokerage business

Candidates with less direct counterparty credit risk experience but strong familiarity with SFC margin financing rules and regulations may be considered for a focused margin-financing role.

Strong communication and interpersonal skills, including ability to explain sophisticated technical concepts in clear way is required

Broad market and finance knowledge in different asset class areas and BASEL is an advantage

Strong technical background and practical application of one (or more) of programming languages is required (VBA, Python, C++; Linux applications etc.)

CFA and/or FRM qualification preferred.

Good command of written and spoken English and Chinese including Putonghua