MARKET RISK ASSOCIATE I

Banco Bilbao Vizcaya Argentaria; Hong Kong; On-site; HKD 500,000 - 800,000; Full time

Job summary

BBVA in Hong Kong is seeking a Market Risk professional to support the Equity, FX and Interest Rate desks, focusing on monitoring risk and ensuring alignment with the group's risk appetite.

The role involves developing risk reporting, analyzing VaR and sensitivities, coordinating with Front Office and Head Office, and contributing to regulatory submissions in a cross-cultural, matrix environment. Fluency in English is essential; Mandarin is a plus.

Qualifications

• University graduate or postgraduate in Risk Management, Financial Engineering, Quantitative Finance or equivalent subjects.
• 3 to 5 years experience in Market Risk management.
• FRM/CFA preferred.

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.

Skills

VaR/ES concepts

Fixed income

Equity & FX basics

Derivatives knowledge

Python

SQL

Excel VBA

Interpersonal communication

Education

University degree in Risk Management or related fields

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.

A team player.

Skills:

Interpersonal Communication