Manager, Market and Liquidity Risk

Futu Holdings Limited; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

Futu Holdings Limited is seeking a senior risk professional to manage market and liquidity risk for bank products, with a focus on Treasury and structured products. The role involves modelling, stress testing, policy maintenance and comprehensive ALCO reporting.

The ideal candidate has 4–6 years in banking risk, strong knowledge of treasury products, regulatory reporting, and programming skills (VBA, Python, SAS). Fluency in English and Chinese is preferred, with HK-based responsibilities.

Qualifications

• Degree in Finance, Risk Management, Statistics or related disciplines.
• Professional qualification such as CFA/FRM is advantageous.
• Minimum 4–6 years in banking, asset liability management or market and liquidity risk management.
• Solid knowledge of treasury structured products including risk analysis, limits and monitoring.
• Experience with HKMA regulatory reporting (MA(BS)12A IRRBB) and liquidity ratios (LMR/LCR/NSFR).
• Experience in prepayment behavior modelling and early withdrawal of deposits.

Responsibilities

• Work with Finance, Treasury and other departments on market and liquidity risk issues for bank products focusing on treasury and structured products.
• Monitor and report market and liquidity risk positions per policies and limits.
• Implement stress testing programs and regularly review methodologies and scenarios.
• Prepare regular and ad-hoc risk reports to ALCO, senior management and regulators.
• Update and maintain risk policies and procedures as business and regulatory requirements evolve.
• Participate in new product initiatives and risk governance for the Bank.

Skills

Market risk

Liquidity risk

ALCO reporting

VBA

Python

SAS

Regulatory reporting

English

Chinese

Treasury systems

Education

Finance degree

Risk management certification

CFA/FRM advantage

Tools

Bloomberg

MUREX

SUMMIT

Excel

SAS

Python

Job description

• Work closely with Finance, Treasury and other relevant departments on market risk and liquidity risk related issues for bank products with focus on Treasury products and structured products
• Monitor and report the Bank's market and liquidity risk position following the requirements of relevant policies and limits
• Implement the market risk and liquidity risk stress test program (including but not limited to derivation of stress test parameters from internal historical data) with regular review on suitability and appropriateness of methodologies, parameters and scenario settings
• Prepare regular and ad-hoc market risk and liquidity risk reports to ALCO, senior management and regulators
• Update, maintain and review market risk and liquidity risk policies and procedures based on business development and regulatory requirement
• Participate the new product and new business initiatives for the Bank

• Work closely with Finance, Treasury and other relevant departments on market risk and liquidity risk related issues for bank products with focus on Treasury products and structured products
• Monitor and report the Bank's market and liquidity risk position following the requirements of relevant policies and limits
• Implement the market risk and liquidity risk stress test program (including but not limited to derivation of stress test parameters from internal historical data) with regular review on suitability and appropriateness of methodologies, parameters and scenario settings
• Prepare regular and ad-hoc market risk and liquidity risk reports to ALCO, senior management and regulators
• Update, maintain and review market risk and liquidity risk policies and procedures based on business development and regulatory requirement
• Participate the new product and new business initiatives for the Bank

Requirements

• Degree holder in Finance, Risk Management, Statistics or related disciplines
• Professional qualification in CFA, FRM or equivalent will be an advantage
• Minimum 4-6 years' experience in the banking industry in asset liability management or market and liquidity risk management
• Solid knowledge on Treasury structured product including but not limited to market risk analysis (trade level and portfolio level), market risk limits setting and monitoring, counterparty credit risk analysis etc. Knowledge on structured product for other asset class like equity will be an advantage
• Experience with HKMA regulatory reporting like MA(BS)12A (IRRBB) and regulatory liquidity ratio like LMR/LCR/NSFR
• Experience in behavior modelling for prepayment of loan products and early withdraw of deposit
• Self-motivated and willing to work under pressure
• Good command of both written and spoken English and Chinese
• Hands on experience in programming using VBA, Python, SAS etc
• Hands on experience in Treasury system (Bloomberg, MUREX, SUMMIT etc.) for Treasury plain vanilla and structured products