Description
Collateral Risk Management Team oversees the management of market risks arising from collateral received in connection with BoS client’s borrowing against security and derivative trading activities. The team’s objective is to manage risk efficiently and effectively so as to protect the bank’s financial returns and sustain business growth. The team is responsible for both the development of the methodology, parametric approach, policy and procedures as well as the operationalization, implementation and day to day risk monitoring, action taking and business support.
Roles and Responsibilities:
- Participate in conducting research, review and development of the quantitative model and qualitative assessment framework for measuring and mitigating market risk in collateralised lending and margin trading.
- Perform data analysis, exposure quantification, risk factor mapping, scenario, sensitivity and stress analysis studies
- Contribute to the design specification, logic derivation, results verification exercises for market risk functionalities implemented in the bank’s internal and external digital systems across various infrastructure and platforms.
- Conduct periodic review of the relevant limit and control, carry out documentation and rationalization of the mitigation actions in adherence with the bank’s internal policy, procedures and guidelines.
- Support new products and businesses development. Evaluate and formulate viable approach to help widen business coverage and product scope while ensuring risk appetite under control.
Requirements:
- University degree in a quantitative discipline (e.g. Mathematics, Statistics, Financial Engineering etc.)
- Professional qualification such as CFA, FRM, MFE, CQF etc is desirable
- 7 years or above relevant experience in market risk
- Advanced knowledge of key products of capital markets. Understand the main risk drivers and factors. Familiar with valuation of the financial instruments and derivatives.
- Advance data analysis skills. Programming in Python, SQL is expected.
- Analytical and independent thinker with good written and verbal communication skills especially in explaining complex technical subjects in a simple/pragmatic manner to business and senior management.
- Strong curiosity of the field, proactively seeking opportunity of learning and progress.
- Strong team player with good communication, interpersonal and organizational skills
