Financial Risk Management Expert for OTC Clear Services

1 month ago


Hong Kong, Central and Western District, Hong Kong SAR China Hong Kong Exchanges and Clearing Limited Full time
Company Overview:
Hong Kong Exchanges and Clearing Limited is a leading financial market operator, connecting capital, ideas, inspiration, and innovation for deeper, more diverse, and liquid global capital markets. Our purpose-driven company commitment to the long-term development of our business and markets is articulated in our purpose: "To Connect, Promote, and Progress our Markets and the Communities they support for the prosperity of all."

Salary: The estimated annual salary for this position is around $120,000-$180,000 based on industry standards, considering the role's responsibilities, required skills, and qualifications, as well as the cost of living in Hong Kong.

Job Description: This exciting opportunity is an excellent chance to gain exposure to HKEX's clearing houses, focusing on Hong Kong's OTC centrally cleared financial markets and risk management by joining a 2nd line risk team performing an important role in support of HKEX's services. The role has extensive exposure to senior risk management, providing a unique opportunity to demonstrate a strong understanding of the risks facing a complex, systemically important financial institution, as well as in-depth experience of fixed income / fx / rates derivatives and the risk and operational processes required to support them. Embedded within the Group Enterprise Risk Management - Enterprise Risk Analytics team, this role will be primarily responsible for OTC Clear and HKEX related risk analysis across all risk domains.

Key Responsibilities:

• Perform the 2nd line risk management activities, with a focus on the OTC Clear, across all financial and non-financial risk areas.
• Review new product and service proposals pertaining to the OTC Clear service or related areas alongside other 2nd line teams.
• Define and produce risk monitoring and reporting to support the OTC Clear CRO with Board reporting responsibilities.
• Drive the alignment of the risk management approaches and policies for the OTC Clear in accordance with the Group Risk Appetite and regulations across jurisdictions.
• Create new tools/techniques that can enhance the group level risk monitoring.
• Develop research papers to advance standards and strategies of enterprise risk topics at HKEX

Requirements:

• At least 6 years of relevant experience in fixed income risk and general risk management within a financial institution.
• Master's degree or equivalent in finance, economics, mathematics, or a related discipline.
• Proficient with data analysis and management report writing.
• Professional risk qualification (or studying towards) would be beneficial (e.g. CFA, FRM).
• Relevant working experience in an Exchange or Clearing House and familiarity with the requirements of CPMI-IOSCO.
• Experience with developing or validating risk policies.

Benefits: As an equal opportunities employer, HKEX values diversity and supports various initiatives to foster a positive work environment. With a standard 40-hour workweek and a competitive salary range, this role offers a unique opportunity to grow professionally and contribute to the success of a leading financial market operator.

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