Market Risk, Associate

BBVA; Hong Kong; On-site; HKD 480,000 - 720,000; Full time

Job summary

BBVA in Hong Kong seeks a Market Risk Analyst to support the Market Risk team across FX, interest rate, and equity trading desks, with a primary focus on monitoring Equity risk. You will assist senior members to ensure exposures reflect risks aligned with Madrid head office risk appetite and comply with local regulatory requirements.

You will develop and improve risk reporting, analyze VaR, sensitivities and stop-loss limits, and collaborate with Front Office and Asia teams to address data

Qualifications

• University graduate or post-graduate in Risk Management, Financial Engineering, Quantitative Finance or any equivalent/relevant subjects.
• 3 to 5 year experience in Market Risk management.
• FRM/CFA preferred.

Responsibilities

• Support the Market Risk team in monitoring trading activities across FX, rates and equity desks, focusing on equity risk.
• Assist senior members to monitor market risk exposures and ensure they reflect risks in line with Madrid head office risk appetite.
• Ensure market risk reporting and risk-control framework in Hong Kong aligns with Madrid and local regulator.
• Develop, perform and improve risk reporting; analyze and control VaR, sensitivities and stop-loss.
• Coordinate with Front Office and Asia branches; inspect market data and fix issues with Head Office.
• Provide input for regulatory reporting.

Skills

Risk measurement

VaR/ES

Derivatives awareness

Python

SQL

Education

University graduate or post-graduate in Risk Management, Financial Engineering, Quantitative Finance

Tools

Murex

Algorithmics

Bloomberg

Job description

• Support the Market Risk team in overseeing trading activities across various business lines, including Foreign Exchange (FX), Interest Rate, and Equity trading desks, with a primary focus on monitoring risks related to the Equity desk.
• Assist senior members to monitor market risk exposures and ensure these exposures reflect risks appropriately and are in line with risk appetite of Madrid head office.
• Ensure market risk reporting and risk control framework established in Hong Kong is in accordance with the framework structure implemented in Madrid head office and also with the local regulatory body.

Key Responsibilities

• Perform, develop, and improve risk reporting. Analyze and control limits on VaR, Sensitivities and Stop Loss.
• Perform ad hoc assignments and projects from time to time assigned by supervisor.
• Ensure effective communication with Front Office and the market risk team in Asia branches and the Head Office on market risk matters.
• Inspect Asian market data and collaborate with the Head Office team to fix issues if any.
• Provide input for regulatory reporting.

Job Specifications

Qualification & Experience

• University graduate or post-graduate in Risk Management, Financial Engineering, Quantitative Finance or any equivalent/relevant subjects.
• 3 to 5 year experience in Market Risk management.
• FRM/CFA preferred.

Knowledge & Skills

• Possess knowledge about risk measurement including VaR/ES, Sensitivities, Valuation Models.
• Familiar with fixed income, currency and equity derivatives and structured products.
• Familiar with market data collection and hands on experience with Murex, Algorithmics and Bloomberg is preferred.
• Proficiency in Python, SQL, Excel VBA, MS Access database.

Language

• Excellent command of both spoken and written English.
• Fluent in Mandarin is a plus.

Other Skills (e.g. Interpersonal, Communication etc)

• Strong interpersonal and communication skills.
• Professionalism and ethics.
• Able to work in a matrix reporting structure, multi-functional and cross-cultural environment.
• Well-organized and meticulous in details.
• Ability to work under pressure, strong task management skill.