Global Market Risk Director - Rates, FX & Commodities

Huatai International Financial Holdings Company Limited; Singapore; On-site; SGD 180,000 - 260,000; Full time

Job summary

Huatai International Financial Holdings Company Limited seeks a senior market risk professional to oversee risk governance across rates, FX, and commodities. The role emphasizes new product approvals, stress testing, and PnL analysis for senior management, with collaboration across Front Office teams.

Ideal candidates bring 5–10 years in market risk or related areas, strong Excel/VBA, Python, and Mandarin-English communication, in a global banking context.

Qualifications

• Quantitative background in Science/Mathematics/Financial Engineering/Risk Management.
• Strong Excel and VBA; Python is a plus.
• 5–10 years in market risk, treasury risk or product control at global banks.
• Experience with rates, FX, commodities, VaR tools.
• Excellent English and Mandarin communication.

Responsibilities

• Work on the new product approval process from a market risk perspective.
• Formulate stress scenarios and quantify potential losses in trading portfolios.
• Conduct in-depth ad-hoc PnL analysis for senior management.
• Oversee daily risk management of rates, FX and commodities positions.
• Supervise juniors to design, automate, and manage risk monitoring reports with VaR and related metrics.
• FRTB or Basel 2.5 experience in market risk governance.
• Partner with Front Office trading teams to implement risk controls.

Skills

Quantitative background

Excel

Python

VBA

English/Mandarin communication

Education

CFA/FRM (plus)

Tools

SQL

Job description

About Us

Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities. Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group's internationalization strategy by:

• not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland China government’s policies and commercial intentions);
• actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China;
• integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.
  
  

About Us

Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities. Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group's internationalization strategy by:

• not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland China government’s policies and commercial intentions);
• actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China;
• integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.
  
  

Huatai International operates as a holding company for consolidating all of the group’s cross-border businesses and companies under one umbrella, offering a truly unified and international business platform. In recognition of such international strength, the renowned international rating agency Standard and Poor’s has assigned Huatai International a “BBB+” rating (for long term) and “A-2” (for short-term).

Key Responsibilities

• Work on the new product approval process from a market risk perspective, ensuring comprehensive risk assessments and alignment with regulatory and firm-wide standards;
• Formulate stress scenarios and quantify potential losses in trading portfolios stemming from major market shifts, leveraging stress testing or other advanced market risk analytics tools;
• Conduct in-depth ad-hoc PnL analysis for senior management, providing strategic insights and recommendations to inform decision-making;
• Oversee daily risk management of rates, FX and commodities positions, including analysis of significant PnL events, VaR fluctuations, limit monitoring, and reporting; identify key risks and drive the implementation of effective mitigation strategies;
• Supervise juniors to design, automate, and manage the production of risk monitoring reports (daily, weekly, monthly), incorporating advanced metrics such as performance attribution, concentration analysis, stress testing, beta, and VaR calculations; ensure accuracy, timeliness, and regular review to support proactive risk oversight;
• FRTB or Basel 2.5 experience related to the market risk management framework and governance;
• Foster strong partnerships with Front Office trading teams to implement and refine risk controls, promptly addressing issues such as limit breaches, gaps in monitoring, or system deficiencies to maintain robust risk governance;
  
  

Requirements

• Quantitative background in Science/Mathematics/Financial Engineering/Risk Management, CFA/FRM is a plus;
• Strong excel and VBA/Python skills are a must; other IT skills e.g. SQL and database, are preferred;
• 5-10 years working experience in market risk, treasury risk or product control function in a global investment bank or top Chinese securities house;
• Sound knowledge and experience in the rates, FX and commodities products, VaR and related risk management tools;
• Excellent communication skills in English and Mandarin;