VP - Risk Management (Margin Financing)

ICBC International Holdings Limited; Hong Kong; On-site; HKD 900,000 - 1,200,000; Full time

Job summary

ICBC International Holdings Limited in Hong Kong is seeking an AVP in Risk Management - Operations to provide expert support to the risk management of Sales & Trading, including margin financing, stock brokerage, futures brokerage, stock borrowing & lending, Repo and TRS businesses.

You will conduct periodic stress tests, develop risk policies and procedures, coordinate with Head Office, and assist regulators during inspections, with training and compliance duties.

Qualifications

• University Degree in Finance, Economics, Risk Management, Accounting or Business related.
• 8-10 years or above relevant experience.
• Good command of both spoken and written English and Chinese (Mandarin / Cantonese).
• Preferably CFA /FRM holder.
• Deep understanding of SFC regulatory requirements and financial products including equities, derivatives, and structured products.

Responsibilities

• Provide expert support to the overall risk management of Sales & Trading, including execution of risk management function of margin financing risk management, stock brokerage risk management, Future & Option brokerage, stock borrowing & lending, Repo and TRS business;
• Conduct periodic stress tests on stock margin portfolios and futures brokerage business, ensuring alignment with the latest SFC guidelines for securities margin financing and dealing in Futures Contracts;
• Develop and enhance risk management policies, operational procedures, and risk systems.
• Coordinate with Head Office, ensure the full compliance of the requirements from Head Office;
• Provide support to regulators (e.g. SFC, HKEX etc) ‘s Off-site and on-site inspection on behalf of Risk Management Department;
• Organize and coordinate business training and research activities;
• Attend and take all relevant compliance and risk training; fulfill all compliance responsibilities as required for the job, and comply with regulatory requirements and internal guidelines to complete all tasks assigned.

Skills

Risk management

Regulatory knowledge

Bilingual English/Chinese

Attention to detail

Education

Finance/Economics/Risk Management/Accounting/Business degree

Tools

iAsia

Hundsun

TTL

Esunny

Job description

Provide expert support to the overall risk management of Sales & Trading, including but not limited to the execution of risk management function of margin financing risk management, stock brokerage risk management, Future & Option brokerage, stock borrowing & lending , Repo and TRS business;

Conduct periodic stress tests on stock margin portfolios and futures brokerage business, ensuring alignment with the latest SFC guidelines for securities margin financing and dealing in Futures Contracts;

Develop and enhance risk management policies, operational procedures, and risk systems.

Coordinate with Head Office, ensure the full compliance of the requirements from Head Office;

Provide support to regulators (e.g. SFC, HKEX etc) ‘s Off-site and on-site inspection on behalf of Risk Management Department;

Organize and coordinate business training and research activities;

Attend and take all relevant compliance and risk training; fulfill all compliance responsibilities as required for the job, and comply with regulatory requirements and internal guidelines to complete all tasks assigned.

Requirements

University Degree in Finance, Economics, Risk Management, Accounting or Business related;

8-10 years or above relevant experience;

Good command of both spoken and written English and Chinese (Mandarin / Cantonese);

Diligent ,committed and able to fulfill all compliance responsibilities with a high level of integrity;

Preferably CFA /FRM holder;

Deep understanding of SFC regulatory requirements and financial products including equities, derivatives, and structured products;

Proficiency in risk control modules of major securities and futures front-to-back office systems (e.g. iAsia, Hundsun, TTL, Esunny etc).

ICBC International Holdings Limited (“ICBC International”) is a wholly-owned subsidiary of ICBC in Hong Kong. As a Hong Kong incorporated and based company, ICBC International leverages the premier brand, strong capital base, extensive clients' base and advanced financial products. It is exposed to capital markets and provides financing clients with services in four product lines; corporate financing, investment business, sales & trading and asset management. ICBC International also offers market research services covering global macro economy, international financial markets, environmental protection, medical care and other hot industries.

ICBC International Holdings Limited (“ICBC International”) is a wholly-owned subsidiary of ICBC in Hong Kong. As a Hong Kong incorporated and based company, ICBC International leverages the premier brand, strong capital base, extensive clients' base and advanced financial products. It is exposed to capital markets and provides financing clients with services in four product lines; corporate financing, investment business, sales & trading and asset management. ICBC International also offers market research services covering global macro economy, international financial markets, environmental protection, medical care and other hot industries.

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