Senior Product Control AVP: Valuation & Risk (Derivatives)

Ambition; Hong Kong; On-site; HKD 72,000 - 88,000; Full time

Benefits offered by this job

Competitive compensation

Job summary

Ambition is seeking a Product Control AVP in Hong Kong to oversee independent valuation, P&L control and risk monitoring of a diverse portfolio including OTC derivatives and offshore assets. This role suits candidates with investment banking or banking finance background aiming to broaden governance, valuation methodologies and control transformation initiatives.

Fluency in English required; Mandarin a plus.

Qualifications

• Minimum 3 years' experience in Product Control, Valuation Control, Market Risk, Quantitative Finance, or related Finance functions within banks, investment banks, securities firms, or financial institutions.

Responsibilities

• Perform daily Product Control and Valuation Control for offshore assets and OTC derivatives.
• Conduct independent price verification (IPV), P&L analysis, position reconciliation, and market data validation.
• Support end-to-end valuation governance processes, including model reviews, methodology assessments, parameter monitoring, and valuation adjustments.
• Monitor financial asset performance and provide insightful analysis on risk and return throughout the product lifecycle.
• Perform transaction-level review and P&L attribution analysis to identify performance drivers and emerging risks.
• Develop and implement intelligent monitoring solutions and automation tools to enhance risk identification and control efficiency.
• Participate in finance and product control system enhancement projects and contribute to process optimization initiatives.
• Review and strengthen internal controls, policies, and operational procedures.
• Partner closely with Front Office, Risk, Operations, Technology, and Finance stakeholders on valuation and control-related matters.

Skills

Analytical mindset

Problem-solving

Communication

Detail-oriented

Education

Bachelor's Degree in Financial Engineering / Mathematics / Physics / Quantitative Finance / Statistics / Economics

CFA or FRM (preferred)

Tools

Python

Java

SQL

VBA

Job description

Ambition is seeking a Product Control AVP in Hong Kong to oversee independent valuation, P&L control and risk monitoring of a diverse portfolio including OTC derivatives and offshore assets. This role suits candidates with investment banking or banking finance background aiming to broaden governance, valuation methodologies and control transformation initiatives.

Fluency in English required; Mandarin a plus.