Market Risk Professional

Leadingnation; Hong Kong; On-site; HKD 900,000 - 1,400,000; Full time

Job summary

Leadingnation in Hong Kong is seeking an experienced liquidity risk specialist to monitor regulatory and internal liquidity requirements, including LCR, NSFR, LMR and CFR. You will review funding assumptions, conduct stress testing and report to ALCO and Board committees.

The ideal candidate has 5+ years of experience in liquidity risk within banks or financial institutions, strong HKMA knowledge and fluent English/Chinese communication. Cantonese/Putonghua preferred.

Qualifications

• Degree in Finance, Economics, or quantitative field.
• ≥5 years in liquidity risk within a bank or financial institution.
• Professional qualifications such as CFA/FRM/CPA advantageous.
• Strong HKMA liquidity rules knowledge incl LM-1/LM-2.
• Strong LCR, NSFR, LMR, CFR knowledge and liquidity risk appetite.
• Excellent English/Chinese written and verbal skills; Putonghua preferred.

Responsibilities

• Monitor regulatory and internal liquidity requirements (LCR, NSFR, LMR, CFR etc.).
• Review liquidity-risk assumptions and methodologies (deposits, facilities, prepayments, collateral).
• Conduct, coordinate and review liquidity stress testing and scenarios.
• Monitor IRRBB exposures from EVE and NII perspectives.
• Review IRRBB exposures by currency, product, portfolio, and entity.
• Prepare risk reports for ALCO, senior management, committees, and Board papers.
• Liaise with Treasury, Finance, Operations, IT and Head Office for data accuracy and timely reporting.

Skills

Liquidity risk

ALM

IRRBB

Treasury risk

Balance-sheet management

Stress testing

Regulatory reporting

Data analysis

Communication skills

English/Chinese bilingual

Education

University degree in Finance/Quantitative discipline

Tools

Regulatory reports systems

Job description

Responsibilities:

• Monitor and assess compliance with applicable regulatory and internal liquidity requirements, including LCR, NSFR, LMR, CFR and other liquidity ratios, limits, triggers and early-warning indicators, as applicable to the Bank.
• Review the appropriateness of liquidity-risk assumptions and methodologies, including deposit run-off, drawdown of committed facilities, loan prepayments, contingent liabilities, secured-funding haircuts, collateral outflows, derivative-related cash flows, funding rollover assumptions and asset-monetization capacity.
• Conduct, coordinate and review liquidity stress testing. Assess the adequacy of stress scenarios, assumptions, liquidity-survival metrics, management actions and remediation plans under idiosyncratic, market-wide, combined and multi-currency stress events.
• Monitor, measure and report the Bank’s IRRBB exposures from both Economic Value of Equity (“EVE”) and Net Interest Income (“NII”) perspectives.
• Review IRRBB exposures by material currency, product, portfolio, business unit and legal entity, with particular attention to non-maturity deposits, fixed-rate loans and mortgages, investment securities, wholesale funding, managed-rate products and hedging derivatives.
• Prepare clear, timely risk reports, dashboards and committee papers for ALCO, senior management, Risk Management Committee and Board/Board Risk Committee. Highlight key exposures, risk trends, limit utilization, stress-test results, material assumptions, etc.
• Liaise closely with Treasury, Finance, Operations, IT, business units and Head Office functions to ensure the completeness, timeliness, consistency and accuracy of risk data, regulatory returns and management information.

Requirements:

• University degree or above in Finance, Economics, Accounting, Mathematics, Statistics, Risk Management or another relevant quantitative discipline.
• At least 5 years of relevant experience in a commercial bank, regulatory authority, or financial institution, with substantial practical exposure to liquidity risk, ALM, IRRBB, Treasury risk, balance-sheet management.
• Professional qualifications such as CFA, FRM, CPA/ACCA, actuarial qualification or equivalent are advantageous.
• Sound knowledge of HKMA liquidity-risk requirements, including the Bank’s applicable regulatory liquidity standards and reporting obligations, as well as HKMA Supervisory Policy Manual modules LM-1 and LM-2.
• Strong understanding of LCR, NSFR, LMR, CFR, liquidity-risk appetite, funding-concentration risk, cash-flow mismatch, intraday liquidity, liquidity buffer management, liquidity stress testing and Contingency Funding Plan governance.
• Strong knowledge of HKMA and Basel principles for IRRBB, including EVE and NII metrics, standardised interest-rate shock scenarios, supervisory expectations for non-maturity deposits, behavioural optionality, stress testing, outlier assessment and capital adequacy considerations.
• Excellent written and verbal communication skills in English/Chinese; proficiency in Chinese and Putonghua is preferred.

Applicants who are not contacted within 8 weeks may consider their applications unsuccessful and their personal data will be retained by the bank for a period up to two years.

All information provided by applicants will be used for recruitment purposes only and will be used strictly in accordance with the bank's personal data policies, a copy of which will be provided upon request.