Fixed Income Risk Analyst: Bonds, Rates & VaR

Appc Capital Singapore Private Limited; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Job summary

Appc Capital Singapore Private Limited seeks an experienced risk control professional with fixed income exposure to monitor daily risk, produce reports, and verify valuations. You will run stress tests, monitor margin risk, and liaise with brokers while supporting regulatory requests.

The role requires 2–4 years in trading risk control, strong Excel VBA skills, and familiarity with VaR/ES. Fluency in English and Mandarin is essential, with CFA/FRM/PRM desirable.

Qualifications

• 2–4 years in trading risk control.
• Direct fixed income exposure.
• Experience with VaR and Expected Shortfall.
• DV01 and duration monitoring on live positions.
• Advanced Excel (VBA/macros).
• Python or SQL is a plus.
• CFA, FRM or PRM desirable.
• Bachelor's degree or above in finance, economics, mathematics or a related field.
• Fluent English and Mandarin.
• Meticulous and able to challenge traders.

Responsibilities

• Monitor daily trading-book risk on bonds, repo and IRS against approved limits.
• Produce the daily risk report and limit log, reconcile positions, and independently verify bond and swap valuations.
• Run stress tests and scenario analysis and prepare monthly risk packs (VaR, ES, P&L attribution).
• Monitor counterparty and margin risk and liaise with brokers, banks and counterparties.
• Review new strategies and products before launch and escalate breaches to senior management.
• Support regulatory requests and help automate risk reporting using Excel/VBA, Python or AI tools.

Skills

Fixed income risk control

VaR & ES

DV01 & duration

Excel VBA

Python

Mandarin

Education

Finance/Econ/Math degree

Tools

Excel VBA

Python

SQL

Job description

Appc Capital Singapore Private Limited seeks an experienced risk control professional with fixed income exposure to monitor daily risk, produce reports, and verify valuations. You will run stress tests, monitor margin risk, and liaise with brokers while supporting regulatory requests.

The role requires 2–4 years in trading risk control, strong Excel VBA skills, and familiarity with VaR/ES. Fluency in English and Mandarin is essential, with CFA/FRM/PRM desirable.