Senior Associate
1 day ago
Overview
We are assisting a prestigious corporate bank in their search for a Senior Associate focused on Market Risk Management. This role is essential for supporting the bank's risk management framework and ensuring adherence to regulatory standards. The ideal candidate will possess a strong analytical mindset and a deep interest in market dynamics.
Job Responsibilities
- Oversee daily market risk assessments and profit & loss (P&L) reporting, ensuring accurate analysis and monitoring to support effective risk management.
- Conduct P&L attribution analysis to understand the drivers of profit and loss related to market risk.
- Execute and assess the effectiveness of the stress testing program and perform backtesting for Value at Risk (VaR) metrics.
- Evaluate trading limits and contribute to Asset & Liability Management (ALM) reporting, ensuring alignment with the bank's risk appetite.
- Carry out Product Due Diligence (PDD) and Product Risk Review (PRR) duties to assess the risk profiles of new and existing products.
- Collaborate with cross-functional teams to ensure that risk management practices are integrated into the bank's strategic initiatives.
- Develop and enhance risk models and tools using advanced Excel functions and VBA programming.
- Utilize Bloomberg to extract and analyze financial data, providing critical insights for informed risk management decisions.
- Prepare comprehensive reports and presentations to communicate risk findings and recommendations to senior management and stakeholders.
- Stay abreast of market trends, regulatory developments, and industry best practices in risk management.
Requirements
- 1-2 years of experience in risk management or investment management within the financial industry.
- FRM or CFA candidate or holder is preferred.
- Proficiency in Macro/VBA programming in MS Excel and experience using Bloomberg is essential.
- Strong analytical skills with attention to detail and the ability to interpret complex data.
- Excellent command of written and spoken English and Chinese, with proficiency in Mandarin being particularly advantageous.
If you are a proactive professional passionate about market risk management and eager to contribute to a dynamic team, we invite you to apply. Please submit your CV with your contact details to Raymond for a confidential discussion.
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