Price Risk Associate

This position will be joining our Market Risk Management Department, assisting the department in overseeing the front business units’ market risk, ensuring the Bank’s risk exposure within risk appetite framework, protecting the Bank with safe and sound risk management and complying with required regulations.

Job Responsibilities

Include but are not limited to:

Independent oversight and monitoring of market risk key activities

• Review and challenge Front Line Units’ market risk management practice, identify and assess the risk, and recommend mitigation measurement;
• Perform market research, analyze market data and price movements, and make recommendation on risk hedging strategies;
• Coordinate with other department to identify, measure, monitor and track market risk exposure and limits and analyze future trends;
• Enhance and improve related risk management processes and practices, make suggestions on related risk control methods and risk indicators;
• Conduct risk limit review and propose new risk limits based on global markets business development needs and market dynamics;
• Develop and improve the policies and procedures on price risk management;
• Implement and meet regulatory, Head Office and the Bank’s requirements to price risk related policies and procedures;

Support the implementation and execution of related market risk management projects

• Leverage the Bank’s infrastructure and data sources to build analytics platform to oversee the Bank’s market risk management;
• Work with Front Line Units to enhance the bank’s analytical capability and various scenario analyses;
• Build the department’s capabilities in risk data aggregation including exposure, key risk indicators and other risk metrics;
• Related risk management system construction;

Job Requirements

• Bachelor degree required; Finance or Quantitative related majors preferred
• At least 1 year of experience in finance or banking
• Sound Risk management knowledge such as trading/banking book market risk and counterparty credit risk management; regulatory and compliance knowledge; financial/ banking industry knowledge; Volcker Rule; Quantitative analytics, etc.
• Bilingual in Chinese is a plus
• Chartered Financial Analyst (CFA) or Financial Risk Management (FRM) certifications preferred

The salary range for the Associate position is $42,000-$90,000. Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.