Market Risk Officer

  • Competitive
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Societe Generale
  • 18 Aug 18 2018-08-18

Market Risk Officer


Environment

As part of Market Risk department in Asia, BMC teams frame market risks from the desks originating transactions from Asia (either local booking or global booking). The teams are organized by asset classes (Credit - Equity/CTY - Fixed Income), measurement of the counterparty risk is managed by a forth dedicated team. He/She reports to the Head of Market Risk and functionally to the Head of RISQ/MAR/BMC/RFE.

Scope

RISQ/ASI/MAR/BMC frames market risks of SGCIB Asia business lines linked to Rates (including non linear product), Forex and Emerging coming from SG Asia business lines.

Mission


Main Accountabilities


• Oversee activity and exposures to market risk for the framed activities of SG Asia, and provide the local and global management with sound analysis and reporting;
• Provide a framework of limits/thresholds for the market risk according to the delegation set-up; according to the local and global delegation framework
• Analyze transactions and provide authorization according to the local and global framework ;
• Collaborate with the global projects or the global governance leads by BMC, CAR, GFR, CME;
• Define, in collaboration with the global team, measures and methodologies to assess market risks and counterparty risks while combining market and counterparty expertise;
• Contribute to the definition of valorization methods of market transactions;
• Contribute to the definition of internal regulatory model, including the analysis of the model outcomes;
• Be vigilant on other types of risk.

Mission details


1) Provide a framework of limits/thresholds for the market risks on the framed perimeter

• Define the appropriate metric to frame the activity
• Propose limits/thresholds coherent with SG group and SG Asia risk appetite
• Assess FO requests on limits/thresholds increase / decrease
• Review the framework on a regular basis
• Define measures and methodologies in coordination with Paris;

2) Exposure/Market monitoring

• Follow-up of the positions, the market and execute market intelligence (including regulatory changes)
• Discuss with FO at both desk level and FO management at region level
• Alert about key event simultaneously ASIA and global management, including regional CRO and/or RISQ/MAR/DIR and/or RISQ/MAR/BMC
• Contributes to key reports and instructs Management requests
• Set up relationships with local partners (MACC, DFIN teams for example)

3) Analyze transactions

• Analyze transactions outside of FO delegation, in cooperation with the other RISQ/ASI department and/or with the global teams when necessary
• Assess the transaction and provide the assessment memo according to Market Risk standard
• Inform the global and local management when the transaction is in your delegation
• Present the assessment to the global and local management when the transaction is outside your delegation

4) Collaborate with the global projects or the global governance

• Contribute to the regular comments of the ASIA Market Risk Committee and participate or lead specific focuses for management reporting when requested
• Participate to the Income Attribution process according to the policies and procedure
• Participate to the Internal models Backtesting and Analysis according to the policies and procedure
• Collaborate to any other ASIA or global projects lead when requested

Profile

Degree and level of Autonomy

Job requiring:
- A Good knowledge of the market operation, and the issues related to the measurement and follow-up of the PnL, IA, market and credit risks allowing to work autonomously
- To take a lot of decisions or initiatives, and to implement good coordination and partnership skills.

Internal & External contacts
In contact with various teams:
- Other RISQ/MAR teams
- Support functions: OPER and ITEC.
- The Front Office

Specific context
Trading floor environment

Education
Post graduate degree from good university in finance, economics, or mathematics

Experience
Significant experience RISQ, FO, DFIN (between 3-5 years)

Languages
English as the main language

Technical Skills

Good quantitative skills
Strong knowledge of the market and the instruments of the business line oversee
Understanding of the regulatory and compliance environment
Good communication with traders, support functions and global teams outside Asia.

Personal abilities

Analysis and synthesis skills
Ability to prepare decisions and if necessary support them at different levels of hierarchy
Solution-focused, business oriented and proactive
Strong risk culture and reliable professional conduct
Pragmatism
Good communication skills
Team spirit