Risk Analyst - Market Risk

CICC; Hong Kong; On-site; HKD 1,200,000 - 2,000,000; Full time

Job summary

CICC seeks a senior Market Risk leader in Hong Kong to develop and implement risk strategies aligned with the firm’s risk appetite and regulatory guidelines. You will monitor exposures across asset classes and drive governance of risk controls.

The role includes stress testing, scenario analysis, and presenting risk reports to senior management and risk committees. You will collaborate with business units on market trends, pricing models, and hedging strategies, while mentoring the Market Risk

Qualifications

• Master's degree or above in finance, economics, mathematics, or a related field.
• 10–15 years of market risk management experience in investment banks or financial institutions.
• Deep understanding of financial markets, products, risk management techniques, and pricing models.
• Solid knowledge of regulatory frameworks related to market risk management.
• Proficiency in quantitative analysis, risk modeling, and statistical tools.
• Strong analytical and problem-solving skills to identify complex market risks.
• Proven leadership and ability to collaborate with stakeholders at all levels.
• Excellent communication in Chinese and English; certifications like FRM/CFA/CQF desirable.

Responsibilities

• Develop and implement market risk strategies aligned with the firm's risk appetite and regulatory guidelines.
• Monitor and assess market risk exposures across asset classes.
• Conduct stress testing, scenario analysis, and sensitivity analysis to identify risks and impacts.
• Provide risk-related advice and recommendations to senior management, including risk limits and hedging strategies.
• Collaborate with business units to analyze market trends, pricing models, and risk factors.
• Stay updated on industry best practices, market developments, and regulatory changes.
• Prepare and present risk reports to senior management, risk committees, and regulators.
• Provide leadership, guidance and trainings to Market Risk coverage members.
• Enhance risk models and pricing/margin models in risk systems; conduct rigorous testing for model development.

Skills

Market risk management

Quantitative analysis

Risk modeling

Leadership

Communication

Bilingual Chinese/English

Regulatory knowledge

Problem solving

Collaboration

Education

Master's degree or above in finance/economics/math

Job description

Responsibilities

• Develop and implement market risk management strategies in line with the firm's risk appetite and regulatory guidelines; Develop and maintain market risk policies, procedures, and controls, and ensure their effective implementation;
• Monitor and assess market risk exposures across various asset classes;
• Conduct stress testing, scenario analysis, and sensitivity analysis to identify potential risks and their impact on the firm's portfolio;
• Provide risk-related advice and recommendations to senior management, including risk limits, risk mitigation strategies, and hedging strategies;
• Collaborate with business units and other stakeholders to analyze and understand market trends, pricing models, and risk factors;
• Stay updated on industry best practices, market developments, and regulatory changes related to market risk management;
• Prepare and present risk reports and presentations to senior management, risk committees, and regulatory bodies;
• Provide leadership, guidance and trainings to the Market Risk coverage members;
• Enhance market/counterparty credit risk models, OTC derivatives pricing and margin models in risk systems; Conduct rigorous analysis and testing as part of risk model development and enhancement;

Qualifications

• Master's degree or above in finance, economics, mathematics, or a related field;
• 10-15 years of relevant market risk management experience within an investment bank or financial institution;
• In-depth understanding of financial markets, products, and risk management techniques and pricing models;
• Sound knowledge of regulatory frameworks and requirements related to market risk management;
• Proficiency in quantitative analysis, risk modeling, and statistical tools;
• Sound and solid analytical and problem-solving skills, with the ability to identify and assess complex market risks;
• Proven leadership and team management skills, with the ability to effectively collaborate with stakeholders at all levels;
• Capable to convey complex concepts in a clear and concise manner with solid communication and presentation skills;
• Good verbal and written communication skills in both Chinese and English;
• Professional certifications such as FRM or CFA or CQF are desirable.

Disclaimer:

CICC is committed to fostering an environment of equity and diversity. We recognize the importance of fair treatment in all aspects of our business, from recruitment and hiring to professional development and advancement.

CICC aims to build an inclusive workplace that values the diverse backgrounds, ideas, and cultures of our employees. We strive to create an environment where every employee feels heard, supported, and empowered to contribute to the company's growth and success. By leveraging our collective strengths, we aim to drive innovation and achieve excellence in the industry.

It is CICC’s responsibility to provide equal employment opportunities to all prospective employees, regardless of race, ethnicity, gender, age, disability, or any other characteristics protected by law.

The preceding job description has been designed to indicate the general nature and level of the work to be performed by employees within this classification. It is not intended to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.