Derivatives Risk Lead: Market, Counterparty & Models

Shenwan Hongyuan (International) Holdings Limited; Hong Kong; On-site; HKD 900,000 - 1,800,000; Full time

Job summary

Shenwan Hongyuan (International) Holdings Limited seeks a risk professional to oversee market and counterparty risk in OTC derivatives, including options and equity swaps. You will monitor risk, validate models, and prepare independent reports on strategies and clients.

You will also help improve systems and controls, verify margins, and support the SFC-11 license application with regulatory data requirements, using strong Excel/VBA/Python skills and fluent Chinese/English communication.

Qualifications

• Bachelor's degree or above, with priority to financial engineering, finance, math, statistics, accounting, computer science or related fields.
• At least 2 years (VP: 5 years) of relevant work experience in overseas securities and financial institutions; familiar with derivatives risk management, valuation models, VaR and related risk management knowledge.
• Familiar with derivative valuation models (option pricing, Greeks, swap valuation), VaR, stress testing, scenario analysis, and other risk measurement methods; knowledge of counterparty credit risk management.
• Solid Excel/VBA/Python skills; able to independently complete risk measurement, data analysis and automated report development.
• Strong logical thinking, meticulous, independent judgment and critical thinking.
• Strong teamwork, communication and organizational skills; proactive and resilient under stress.
• Strong sense of responsibility, risk control awareness and professional ethics.
• Good written and oral communication in Chinese and English.

Responsibilities

• Identify, assess, measure, monitor and provide early warning of market risk, counterparty credit risk, and liquidity risk in OTC derivatives such as options and equity swaps.
• Manage counterparty risk including access, credit assessment, margin verification, concentration monitoring and ISDA/CSA risk controls.
• Issue independent reports on derivatives strategies, plans, and new clients; provide risk assessment opinions and participate in business access review.
• Assist in formulating and improving systems, procedures and processes for derivatives business and ensure alignment with group HQ systems.
• Assist in evaluating financial models, provide opinions on strategy and valuation models, and perform backtesting and recalculation.
• Support preparation for SFC-11 license application and regulatory data requirements like HKTR reporting.
• Complete other tasks as assigned.

Skills

Derivatives risk

VaR

Python

Excel VBA

Education

Bachelor's degree or above in Finance/Math/CS

Tools

Excel

VBA

Python

Job description

Shenwan Hongyuan (International) Holdings Limited seeks a risk professional to oversee market and counterparty risk in OTC derivatives, including options and equity swaps. You will monitor risk, validate models, and prepare independent reports on strategies and clients.

You will also help improve systems and controls, verify margins, and support the SFC-11 license application with regulatory data requirements, using strong Excel/VBA/Python skills and fluent Chinese/English communication.