Your new company
Our client is a top tier Chinese retail bank, this position is under the Financial Markets Management Department, 1.5 line of defence which will closely work with the traders.
Your new role
- Develop and launch derivative products, such as fixed income and foreign exchange (FX) derivatives, within the Global Markets division. Collaborate with key stakeholders to oversee the product go-live process.
- Conduct product due diligence and perform comprehensive risk assessments as part of the product development cycle. Covering various risk areas including credit, market, compliance, cybersecurity, and legal. Prepare detailed due diligence reports and present key findings to relevant departments.
- Drive project management initiatives and enhance processes by working closely with internal stakeholders, including technical, compliance, and operations teams. Ensure that all derivative products meet the regulatory requirements of HKMA CR-G-14 (Margin Rules).
- Ensure compliance with regulatory requirements by monitoring daily initial margin (IM), variation margin (VM), and collateral concentration limits. Collaborate with other teams, such as traders and margin operations, to resolve any discrepancies related to collateral.
What you'll need to succeed
- Bachelor's or Master's degree in finance, economics, or a related field.
- Extensive experience in risk management within the financial industry, preferably within a Chinese firm.
- In-depth knowledge of margin rules, ISDA negotiations, product due diligence, and treasury products.
- Familiarity with Chinese regulatory requirements and compliance frameworks.
- Strong analytical and quantitative skills, with proficiency in risk assessment methodologies.
What you'll get in return
- Competitive compensation and benefits.
- Opportunities for professional growth.
- A collaborative and supportive work environment.
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call Natalie Choi at +852 2230 7485 now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your career.