Equity Derivatives Risk Expert, APAC

Millennium

Hong Kong

On-site

HKD 600,000 - 1,000,000

Full time

14 days+

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Job summary

Millennium is seeking an experienced professional to join the Equity Volatility risk team in APAC, primarily based in Hong Kong. You will help drive the risk management framework for equity derivatives portfolios, monitor performance drivers, and support risk reporting in a fast-paced trading environment.

Ideal candidates will have 4+ years in equity derivatives/trading or risk, with exposure to options, variance swaps, VIX, and cross-asset experience.

Qualifications

4 years+ of experience in equity derivatives, structuring, trading or risk.
Exposure to options, variance swaps, VIX derivatives, delta one or related products is helpful.
Cross-asset exposure across rates, FX or commodities is a plus.

Responsibilities

Support the application of the firm’s risk management framework across equity derivatives products.
Assist in monitoring P&L and explain performance drivers.
Help monitor VAR, stress, scenario, and other risk limits and escalations.
Contribute to regular portfolio risk reporting and capital usage.
Assist in identifying concentrations, vulnerabilities, and changing market risks across portfolios.
Maintain a forward outlook on markets and event risks.
Work with technology teams to improve risk tools and analytics.
Help build and enhance models and tools used to monitor risk and explain P&L drivers across products.