Market Risk Manager, Credit Trading

  • Competitive
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Morgan McKinley Hong Kong
  • 22 Jul 18 2018-07-22

Market Risk Manager, Credit Trading

Job description

The credit trading market risk function covers a wide range of strategies and products from debt capital markets to cash to bespoke financing solutions. As part of the team, you will be involved in all the activities:

  • Devise risk control framework suitable for each Front Office strategy and product range to ensure risk taking is aligned with the firm's risk appetite and policies.
  • Liaise regularly with Front Office trading and structuring in the implementation of risk controls and ensure that issues identified (limit breach, incomplete or inadequate risk monitoring, system problems) are addressed in timely manner.
  • Advise senior business and risk management on market risk related issues. Including portfolio concentrations, market changes and issuer exposures.
  • Conduct ad hoc investigations and analysis into risk, market, or modeling issues as needed.
  • Provide reporting to local and global Business, Risk, and Regulatory stakeholders.
  • Provide analysis of risks and capital (both economic and regulatory).
  • Ensure VaR and capital calculations are correct and reviewed in a timely manner.
  • Collaborate with other corporate functions on issues of common interest (e.g. Finance on valuation and P&L, operations).
  • Review new product proposals from a market risk point of view and provide opinion to management.
  • Review new trades and trading activity (and provide approvals where required).

Key Experience & Skills
  • At least 4 years working experience in a risk, front office, or control related function in financial services institutions with focus on credit products.
  • Experience analyzing Asian issuers from a Credit Risk perspective.
  • Knowledge of Asian markets and credit products.
  • Ability to work independently.
  • Willingness to get involved and take responsibility for area covered.
  • Ability to withstand pressure and exercise independent judgment.
  • VBA, SQL and database skills.