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AVP/ VP, Market & Quantitative Risk Management

  • 1st Line Risk Model & Framework Development
  • Mix of Technical and Projects Responsibilities
  • Expanding Financial Institutionwith Decision-making in Hong Kong

Our client is a fast-expanding Financial Institution with a solid focus in developing the Asia Financial Markets businesses. As part of strategic growth, the group is seeking a number of high-calibre Market Risk and Quantitative Risk Management professionals to join the Business in a 1st line function, based in Hong Kong.

The key responsibilities for this position are as follows:

  • Assist the Leader in Market & Quantitative Risk Management across risk modelling, quantitative analysis, programming, pricing models and project management.
  • Perform market risk monitoring and market risk analysis for the cash equity and derivatives market.
  • Manage margin parameters and conduct product impact analysis.
  • Develop or enhance model and stress testing framework, risk policies, procedures and controls.
  • Develop market risk analytical tools, processes and tools for test automation.
  • Create test cases to test the risk calculation engines and conduct results validations.
  • Work closely with 2nd line of defence risk management teams to formulate risk proposals, support model enhancement activities for market and quantitative risk monitoring and model risk control.
  • Lead or participate in risk management projects, system changes, user acceptance testing and documentation.
  • Communicate effectively any identified model risk issues and remediation approaches.
  • Liaise with internal risk management teams and regulators on new risk initiatives.
  • Promote risk awareness and best practices across the local and regional teams.

Successful applicants will have the following skills and experience:

  • Degree qualified in quantitative finance, risk management, mathematics, engineering, computer science.
  • VP requires 8 – 10 years / AVP requires 5 – 7 years relevant experience in quantitative risk, market risk, counterparty risk, clearing risk, model risk, and / or model development.
  • Strong understanding of pricing and sensitivity analysis on derivative products.
  • Broad financial markets products knowledge, equities, derivatives, futures, options, structured products.
  • Proficient with Excel, VBA, Python, Java, Matlab and / or SQL.
  • Excellent communication skills with fluency in English.

Information provided is for recruitment purposes only.

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