VP, Global Markets Front Office Risk

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

Job summary

Charterhouse Partnership is assisting a global financial services group in Hong Kong to hire a senior Associate/VP for the Front Office Risk team. The role focuses on daily risk analysis, PnL monitoring, and risk governance across Global Markets and associated desks.

The candidate will partner with Sales, Traders and Risk functions to identify and mitigate risks, support regulatory projects, and contribute to strategy discussions in a fast-paced environment.

Qualifications

• Minimum 7 years' experience in a Trading or Risk Management role in an Investment Bank or financial institution.
• Minimum 5 years' experience in a Risk function with interaction with Sales, Traders and desk heads.
• Proven knowledge of financial market products, trading systems, counterparty and market risk, and capital markets.

Responsibilities

• Support Daily Monitoring of Financial Risks and PnL across AEJ fronts with emphasis on Credit and Equity desks.
• Collaborate with Sales, Traders, Risk and other functions to identify, measure, monitor and escalate risks to Senior Management.
• Manage stop-loss policies and work with traders on risk reductions.
• Analyze desk-level risks, market flows and trading strategies to inform GM PnL impact.
• Identify new potential risks based on macro developments and product flows.
• Ensure risks are identified, assessed and mitigated in line with governance principles.
• Contribute to special projects the team handles.

Skills

VBA/Python

Analytical skills

Strong communication

Independent worker

Problem solving

Education

Bachelor's Degree

Tools

Excel

Power BI

Job description

My client is a orate Title: Associate / Vice Presidentglobal financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, my client services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership.

Division Overview

My client's Global Markets team services financial institutions, corporates, governments, asset managers and hedge funds around the world. They act as market makers, trading in equity and fixed income securities, including currencies, interest rates and credit in cash, derivatives and structured products.

By leveraging the strength of their intellectual capital, client relationships and technology, they offer best-in-class products across a truly integrated, global cross-asset platform. A recognized leader in Asia with an international network spanning over 30 countries, they are in a unique position to offer a truly East-West service.

Department Overview

My client's Front Office Risk team covers various gamut of Risk and capital Management activities for the Global Markets business globally. The team works directly with Heads of Global Markets (Global and regionally) with the Global head of FO Risk based in New York. Team roles can be divided into three main categories:

• Front Office Risk tasks including daily analysis of GM Financial risks (Market, Counterparty, Financing Risks) and PnL and identifying potentially toxic risks and PnL drivers. These also include stop loss management for all GM traders and working with them for any risk reductions required in line with the stop loss policy.
• Capital Analysis and Planning: To analyse the regulatory capital requirement changes on a regular basis and identifying drivers of capital changes. Team also looks at developing potential trades to mitigate capital increases.
• GM Representation for special projects: Team represents global markets within various committees for new regulatory projects like BCBS239 and FRTB. It includes communicating GM requirements from these projects and ensuring they are fulfilled.

Responsibilities

• Working closely with the AEJ Front Office Risk team to support the Daily Monitoring of Financial Risks and PnL across AEJ with special focus on the Credit and Equity desks activities
• Working closely with Business (Sales and Traders), Risk and other supporting functions to ensure that all risks are identified, measured, monitored and highlighted/escalated appropriately to Senior Management and senior traders.
• Stop loss management for AEJ traders and working with them on any risk reductions required in line with the stop loss policy.
• Looking at risks taken across desks and talking to sales, traders, risk managers, and any relevant teams to understand trading strategies, market flows, and moves, as well as the present and future impact of such risk on GM PnL.
• Assisting to identify new potential risks based on what is happening in the economy or coming from our product flows.
• Ensuring that risks are both identified and assessed, and appropriate mitigation and management measures are implemented in a comprehensive, appropriate and forward-looking manner, in accordance with governance principles.
• Assisting with special projects that the team is involved in.

Requirements

• Minimum 7 years' experience in a Trading or Risk Management role in an Investment Bank or a Financial Institution.
• Minimum 5 years' experience in a Risk function conducting analysis of risks and directly interacting with Sales, Traders and desk heads.
• Proven technical knowledge of financial market products, trading systems, Counterparty and market risk, and capital markets
• Strong analytical skills, VBA/Python Coding, and Excel/Power BI skills
• A problem solver who can work independently and has strong communication skills
• Minimum a Bachelor's Degree from an accredited university