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HK ICG Risk Market Risk Manager Issuer Risk

Description

Background:

Market Risk Management is the independent group that oversees market and liquidity risk. This role focuses on issuer risk within the APAC markets Credit trading businesses; as well as providing market risk coverage of the Emerging Market Credit Trading desk

Key Responsibilities:

Support market risk managers with assessment, analysis and approvals of Issuer Risk within their respective businesses; specifically:
Review and assess SES margin loan transactions based on risk, legal structure, liquidity, capital and expected returns, and make appropriate approval decisions and/or recommendations based this assessment
Provide Shadow Rating analysis and recommendations when applicable for unrated issuers
Review and assess Issuer Limit exceptions required to support trading opportunities identified by the business, block trades, secondary loan trading, portfolio acquisitions etc.
Review and assess Gap and Issuer Risk in structured credit products such as Leveraged Notes and unfunded TRS, as well as transactions executed under EMCT's loan origination and defeasance program
Market risk management oversight for credit trading activities, as well as involvement in other regional risk initiatives
Review and approve an appropriate market risk limit framework for Credit Trading and monitor compliance with established market risk limits/triggers
Active involvement in the new product approval
Review and analyse exposures and prepare reports for senior management, local RMC and other risk governance committees
Propose parameters and implement comprehensive stress testing scenarios at business or legal vehicle level

Qualifications

An undergraduate degree in a quantitative or financial discipline. Postgraduate qualifications and/or additional qualifications, such as CFA or Financial Risk Management (FRM) will be an advantage
Good computing skills essential, including general business applications (e.g. Microsoft Office), programming experience (e.g. Visual Basic) and database and/or advanced spreadsheet use would be preferable
Good interpersonal and communication skills, as the role requires interaction with senior management and various constituents across business and support functions
Good attention to detail and strong analytical skills
A willingness to take an active involvement in day-to-day activity and flexibility in addressing a number of projects simultaneously.
Ability to identify issues, take initiative and operate with limited supervision
Ability to work well as part of a team preferable