Financial Risk Management Expert for OTC Clear Services

21 hours 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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