Risk Manager (Fixed Income)

Appc Capital Singapore Private Limited; Hong Kong; On-site; HKD 700,000 - 1,000,000; Full time

Job summary

Appc Capital Singapore Private Limited in Hong Kong seeks a markets risk professional to monitor the firm's trading-book risk daily, with a focus on fixed income, and report exposures against the approved risk appetite.

You will track limits, support new strategies, develop risk tools, and prepare analyses for senior leadership while engaging with regulators. Fluency in English and Mandarin is desirable for cross-border collaboration.

Qualifications

• 1–3 years in markets/trading risk, with direct exposure to fixed income (rates, credit, or FI derivatives)
• Hands-on exposure to trading-book market risk (monitor VaR, ES, DV01/duration, and limits)
• Solid grasp of VaR, stress testing, and risk modeling; comfortable with data/AI-enabled tools

Responsibilities

• Monitor the firm's trading-book risk daily, focusing on fixed income
• Measure and report exposures against risk appetite and limit frameworks
• Track trading limits and support new strategies and product launches
• Develop and maintain risk tools and processes for scalable risk management
• Prepare risk analyses and reports for senior leadership
• Assist regulatory communications with authorities such as HK SFC

Skills

VaR

Expected Shortfall

DV01

Risk modeling

Education

Bachelor's degree in finance/economics

Tools

AI-enabled tools

Job description

This role sits in a proprietary trading environment. You will monitor the firm's trading-book risk on a daily basis, with a particular focus on fixed income, measuring and reporting exposures against the approved risk appetite and limit frameworks.

Key responsibilities

Monitor the firm's trading-book risk on a daily basis, with a particular focus on fixed income, measuring and reporting exposures against the approved risk appetite and limit frameworks

Track trading limits and support the review of new investment strategies and the launch of new products, instruments, and market initiatives, flagging risk considerations before implementation

Support the development and upkeep of the global risk function, contributing to scalable processes and tools as the business grows

Prepare risk analysis and reporting to inform senior leadership on risk-taking, expansion plans, and capital allocation

Assist in preparing materials and responses for the Hong Kong SFC and other regulatory authorities as directed

Engage with brokers, banks, and counterparties on routine risk-related matters as directed

Apply and help enhance risk methodologies, including VaR, Expected Shortfall, stress testing, scenario analysis, and portfolio risk measurement, with attention to rates and credit risk

Support the adoption of technology and AI-enabled solutions to modernize risk monitoring, reporting, and decision-making

Escalate promptly to senior management when risk limits, policies, or governance standards are at risk of being breached

Contribute to a robust risk governance framework across global operations, balancing oversight with commercial objectives

About you

1–3 years in markets/trading risk, with direct exposure to fixed income (rates, credit, or FI derivatives)

Hands-on exposure to trading-book market risk, e.g. monitoring VaR, Expected Shortfall, DV01/duration, and limit frameworks on live fixed income positions

Good understanding of fixed income instruments and market dynamics, with a trading or front-office background preferred

Exposure to risk and/or regulators across markets is a plus

Solid grasp of VaR, stress testing, and risk modeling; comfortable with data and AI-enabled tools

Professional qualifications such as CFA, FRM, or PRM (or progress toward them) are desirable

Bachelor's degree or above in finance, economics, or related field

Confident communicator; fluent in English and Mandarin (Cantonese a plus)

Able to operate effectively in a fast-paced, global environment across time zones and multicultural teams

Experience must come from prop trading firm, or trading desk

Your application will include the following questions:

• Which of the following statements best describes your right to work in Hong Kong?
• What's your expected monthly basic salary?