Risk Manager | Market and Liquidity

Responsibilities

Market Risk Management:

• Monitor, assess, and report market risks related to the bank’s financial products, including interest rate, foreign exchange, fixed income, and derivatives.
• Develop and maintain risk measurement models such as Value-at-Risk (VaR), stress testing, and scenario analysis to assess market risks across diverse financial instruments.
• Collaborate with ALCO and other departments to present findings and recommend strategies to mitigate risks.
• Monitor the performance of the trading book and non-trading portfolios and ensure alignment with risk limits.
• Prepare regular reports and presentations for senior management on the bank’s market risk profile and any significant changes.

Liquidity Risk Management:

• Assess and monitor the bank’s liquidity risk by analysing cash flow projections, funding sources, and asset-liability management strategies.
• Implement liquidity risk models and stress tests to ensure the bank maintains adequate liquidity in both normal and stressed conditions.
• Monitor liquidity indicators such as MLA, LDR, liquidity gap, cash flow behavioural analysis to ensure regulatory compliance with liquidity requirements.
• Work collaboratively with the ALCO to provide insights into liquidity buffers and funding strategies.

Interest Rate Risk:

• Monitor interest rate risk in both trading book and the banking book, ensuring appropriate strategies to manage interest rate exposures.
• Use stress testing and scenario analysis to evaluate the impact of interest rate movements on the balance sheet.
• Collaborate with ALCO and other stakeholders to align interest rate risk management with the overall asset-liability management strategy.

Standard Operating Procedures (SOP):

• Develop, update, and maintain Standard Operating Procedures (SOPs) for Market Risk, Liquidity Risk, Interest Rate Risk.
• Ensure that SOPs are aligned with industry best practices, regulatory standards, and internal policies.

ALCO Participation:

• Participate in ALCO meetings, providing detailed risk analysis on market risk, liquidity risk, interest rate risk, and financial products.
• Prepare reports and presentations for ALCO on key risk metrics, liquidity strategies, and new product evaluation.

Other Risk Management Responsibilities:

• Ensure continuous compliance with internal and regulatory / risk management policies, working closely with relevant risk teams to ensure robust governance.
• Participate in cross-functional projects that enhance the bank’s risk management framework, including data analytics, reporting automation, and regulatory compliance.

Requirements

• Bachelor’s or Master’s degree in Finance, Risk Management, Economics, Data Science, or related fields.
• Minimum 6 years of experience in market risk, liquidity risk, or related financial risk management roles.
• Strong understanding of financial products such as derivatives, bonds, and their associated risks.
• Expertise in pricing and valuation techniques for financial instruments.
• Proficiency in risk modeling (VaR, stress testing, IRRBB models) and regulatory frameworks (Basel IV, HKMA, MAS) is preferred.
• Ability to work collaboratively with cross-functional teams to deliver innovative risk solutions.
• Good ability to analyse complex data and provide insights into market risk, liquidity risk, and interest rate risk exposures.
• Experience in use of VBA to improve operational efficiency and streamline processes.
• Good verbal and written communication skills for presenting risk assessments to stakeholders and cross-functional teams.