About this role
Key Areas of Responsibilities
• Review counterparty risk and keep counterparty risk is under the control
• Review and assess credit exposures deriving from OTC transactions
• Assist in review and negotiation of credit terms within Master agreements (i.e. ISDA, GMRA, GMSLA)
• Review and assign appropriate internal credit rating
• Familiar with Prime Brokerage business, especially on the model of rule base margining, Portfolio Stress, Model calibration and validation for linear and nonlinear products
• Review DVP/FOP risk and ensure DVP/FOP risk under well control
• Review and assess credit exposures deriving from Institution Equity business
• Familiar with Institution Equity business and perform regular monitoring for early risk identification
• Prepare credit files and write ups, review credit limit applications and make appropriate recommendations to senior management for higher approval delegation
• Prepare daily credit reports and monitor credit exposures. Resolve issues when exceptions occur and properly escalate to senior team members as necessary
• Monitor for adverse news which could potentially deteriorate counterparty / issuer credit quality
• Produce Risk Committee and Management reports
• Review and update procedures
• Support ad-hoc requests from business and other internal clients
Requirements
• 5-10 years of relevant risk management experience in Brokerage / Financial institution
• Master’s degree holder in Finance, Business or related discipline
• Possess good knowledge of financial products (i.e. Equities, Futures & Options, OTC derivatives)
• Sound understanding of credit risk management, able to identify relevant exposures from different products
• Experienced with credit review and write-ups
• A good team player, quick learner, self-motivated with strong sense of responsibility and discipline;
• Proficient in Excel / Macro/SQL
• Good command of written and spoken English, Chinese (Mandarin and Cantonese)
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