Vice President, Market Risk Management

Gravitas Recruitment Group (Global) Ltd; Hong Kong; In loco; HKD 900.000 - 1.400.000; Tempo pieno

Descrizione del lavoro

Gravitas Recruitment Group (Global) Ltd in Hong Kong seeks a Vice President, Market Risk to provide independent risk oversight of trading activities and investment portfolios. You will work closely with front-office teams and control functions to assess exposures and challenge risk-taking decisions.

The role focuses on monitoring VaR, sensitivities, stress testing and concentration exposures, developing risk policies and reporting frameworks, and collaborating with Risk Analytics, Model

Competenze

• 8+ years of relevant market risk experience.
• Strong understanding of market risk methodologies and risk drivers across asset classes.
• Proficiency in Python, SQL or other data analysis tools is preferred.
• Fluency in English and Chinese.

Mansioni

• Provide independent market risk oversight across trading desks and investment portfolios, ensuring exposures remain within approved risk appetite and limits.
• Monitor and analyse key risk measures, including Value at Risk (VaR), sensitivities, stress testing results and concentration exposures.
• Investigate limit breaches and material changes in risk exposures, escalating issues and recommending appropriate mitigating actions.
• Partner with traders and business stakeholders to assess trading strategies, new transactions and emerging market risks.
• Review new products and business initiatives, assessing their impact on market risk and the adequacy of related controls.
• Develop and enhance market risk policies, limits, methodologies and reporting frameworks.
• Design and review stress scenarios to assess portfolio vulnerabilities under adverse market conditions.
• Prepare risk reports and present key exposures, findings and recommendations to senior management and risk committees.
• Work with Risk Analytics, Model Validation, Product Control and Technology teams to strengthen risk measurement, data quality and systems.

Conoscenze

Python

SQL

Risk analytics

Formazione

Bachelor’s degree or above in Finance, Mathematics, Statistics, Economics, Financial Engineering or a related discipline

Descrizione del lavoro

Our client, a financial institution, is seeking a Vice President, Market Risk to provide independent risk oversight of its trading activities and investment portfolios. The successful candidate will work closely with front-office teams and other control functions to assess market risk exposures, challenge risk-taking decisions and maintain a robust risk management framework.

Key Responsibilities

• Provide independent market risk oversight across trading desks and investment portfolios, ensuring exposures remain within approved risk appetite and limits.
• Monitor and analyse key risk measures, including Value at Risk (VaR), sensitivities, stress testing results and concentration exposures.
• Investigate limit breaches and material changes in risk exposures, escalating issues and recommending appropriate mitigating actions.
• Partner with traders and business stakeholders to assess trading strategies, new transactions and emerging market risks.
• Review new products and business initiatives, assessing their impact on market risk and the adequacy of related controls.
• Develop and enhance market risk policies, limits, methodologies and reporting frameworks.
• Design and review stress scenarios to assess portfolio vulnerabilities under adverse market conditions.
• Prepare risk reports and present key exposures, findings and recommendations to senior management and risk committees.
• Work with Risk Analytics, Model Validation, Product Control and Technology teams to strengthen risk measurement, data quality and systems.

Requirements

• Bachelor’s degree or above in Finance, Mathematics, Statistics, Economics, Financial Engineering or a related discipline.
• At least 8 years of relevant market risk experience within banking or financial services.
• Strong understanding of financial products and their risk drivers across one or more asset classes, such as equities, fixed income, foreign exchange, rates or credit.
• Hands-on experience in risk analysis, limit monitoring, stress testing and the assessment of complex trading exposures.
• Sound knowledge of market risk methodologies, derivatives and valuation concepts.
• Familiarity with applicable regulatory requirements and market risk capital frameworks.
• Strong analytical skills, with proficiency in Python, SQL or other data analysis tools preferred.
• Ability to provide effective independent challenge while maintaining constructive relationships with front-office stakeholders.
• Strong communication, presentation and report-writing skills.
• Professional qualifications such as FRM or CFA are an advantage.
• Proficient in written and spoken English and Chinese.