Manager, Asset and Liability Management

Industrial Bank Co., Ltd.; Hong Kong Island; On-site; HKD 700,000 - 1,000,000; Full time

Job summary

Industrial Bank Co., Ltd. Hong Kong Branch is seeking an experienced ALM specialist to manage day-to-day balance sheet optimization, liquidity risk management, and regulatory compliance.

You will collaborate with business units on ALM issues and prepare ALCO and FTP analysis papers for senior management. The role requires a university degree in accounting/finance, at least 3 years of banking ALM or management accounting experience, and strong analytical skills.

Qualifications

• University degree in Accounting, Finance or related discipline
• Min. 3 years of banking experience in Asset & Liability Management or Management Accounting
• HKICPA/ACCA/CPA(Aust) qualifications are a plus
• CFA/FRM/CSTMP will be preferred
• Strong analytical and problem solving mindset, detail-oriented, able to work independently
• Proficient in MS Office applications; VBA/R knowledge will be preferred
• Good command of written and spoken English and Chinese (Mandarin preferred)

Responsibilities

• Manage day-to-day balance sheet to optimize profitability and minimize risk
• Collaborate with business units on ALM issues and ensure regulatory compliance
• Prepare ALCO pack and analysis papers for senior management
• Advise ALCO on optimal balance sheet structure and its impact on pricing strategies
• Support budgeting control process
• Develop, implement and manage Funds Transfer Pricing policy and process
• Maintain sound liquidity risk management with metrics, tools, limits, and stress tests
• Analyze Asset and Liability items with NII calculation
• Prepare meeting minutes for ALCO and FTP meetings
• Capable of handling HKMA or Auditor requests
• Support finance-related projects to enhance Asset & Liability and Liquidity Management

Skills

Analytical skills

Problem solving

Independent work

MS Office

VBA

R programming

English

Chinese

Mandarin

Financial analysis

Education

University degree in Accounting/Finance

Tools

MS Excel

Job description

Manage the day-to-day balance sheet to optimize the profitability and minimize the risk

Collaborate closely with business units on ALM issues and ensure the regulatory requirements are fully complied

Prepare ALCO pack and analysis paper to senior management

Advise ALCO on the optimal balance sheet structure and its impact on our pricing strategies

Support in the budgeting control process

Develop, implement and manage the Funds Transfer Pricing policy and process to ensure the effectiveness of bank's pricing strategies

Maintain a sound liquidity risk management process by governing the liquidity metrics, measurement tools, risk control limits, early warning indicators, stress tests , contingency funding plan, recovery plan etc.

Analyze Asset and Liability items with NII calculation in required dimension.

Prepare meeting minute (i.e. ALCO meeting and FTP meeting)

Capable to handle HKMA or Auditors request.

Support finance related project to enhance Asset and Liability, Liquidity Management

Requirements:

University degree or above in Accounting, Finance or other related discipline

Min. 3 years of banking experience, preferably solid experience in Asset and Liability Management or Management Accounting

Member of HKICPA, ACCA, CPA (Aust) is a plus

Relevant professional qualifications such as CFA, FRM OR CSTMP will be preferred

Strong analytical and problem solving mindset, attention to details and able to work independently

Proficient in MS office applications

Knowledge in VBA, R code will be preferred.

Good command of written and spoken English and Chinese (preferably fluent in Mandarin)

Your application will include the following questions:

• Which of the following statements best describes your right to work in Hong Kong?
• What's your expected monthly basic salary?

Established in August 1988 and headquartered in Fuzhou city in Fujian Province, Industrial Bank was the first among all banks in Mainland China to receive a financial license allowing our Financial Markets team to actively participate in the financial market businesses. The Hong Kong Branch adopts its overall strategies, goals and business philosophy of “Dedicated Service, Together We Grow”, equips itself with professional teams and advanced management systems, and generates synergies from a diverse portfolio of businesses. With Hong Kong as the core hub, we would gradually develop our international financial businesses and strive to utilize our advantages in the offshore financial market.

To expand our business in Hong Kong, we are now inviting high caliber candidates to apply for the following position.

Established in August 1988 and headquartered in Fuzhou city in Fujian Province, Industrial Bank was the first among all banks in Mainland China to receive a financial license allowing our Financial Markets team to actively participate in the financial market businesses. The Hong Kong Branch adopts its overall strategies, goals and business philosophy of “Dedicated Service, Together We Grow”, equips itself with professional teams and advanced management systems, and generates synergies from a diverse portfolio of businesses. With Hong Kong as the core hub, we would gradually develop our international financial businesses and strive to utilize our advantages in the offshore financial market.

To expand our business in Hong Kong, we are now inviting high caliber candidates to apply for the following position.