Market Risk Senior Manager Market Risk Senior Manager …

Citi
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Be the first to apply
Competitive
Citi
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Be the first to apply
Competitive
Citi
Market Risk Senior Manager
The Market Risk Senior Manager accomplishes results through the management of professional team(s) and department(s). Integrates subject matter and industry expertise within a defined area. Contributes to standards around which others will operate. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the entire function. Requires basic commercial awareness. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Has responsibility for volume, quality, timeliness and delivery of end results of an area. May have responsibility for planning, budgeting and policy formulation within area of expertise. Involved in short-term planning resource planning. Full management responsibility of a team, which may include management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary and terminations and may include budget approval. Responsible for measuring, monitoring and analyzing the organization's market risk exposure on a day-to-day and long-term basis for various financial products. Market risk pertains to potential loss due to market movements such as changes in interest rates, equity prices, credit spreads and foreign exchange rates. Individuals monitor trading limits and are responsible for approving transactions over certain established limits. Work with traders or trading management and recommend actions to mitigate risk. Responsible for monitoring and analyzing the organization's risk exposure by understanding the risks and rewards of the Citi products. Structures solutions to mitigate risks of those products.

Responsibilities:
  • Working with each trading desk to ensure that all relevant market risk factors are properly identified and formally captured in official risk systems
  • Working with senior risk managers in Volcker compliance program
  • Developing and maintaining an appropriate automous market risk limits framework with applicable limits and triggers
  • Automously monitor business compliance with the firm's market risk-related policies
  • Assist in credit product and muni product risk reporting and limit monitoring
  • Oversee risk exposure measurement and limit monitoring processes to ensure integrity and appropriate independence of reporting
  • Participate in the development of business-level stress testing that properly considers risk concentrations by single issuer, risk rating, sector/industry and geography; review results and assess appropriate follow-up actions
  • Participate in the ongoing development, implementation and upgrade of risk systems including CRMR/VaR, CRMR/Issuer risk, LimitCentral/Volcker, LimitCentral/issuer risk
  • Small tasks/projects which constitute direct integration with trading businesses and market in general, a fantastic learning opportunity for credit market and products
  • Working with senior mentors on well-defined mid to long term projects that require technical skills and strategic planning, enabling development in analytical capacity and critical
  • Supervising a team of junior risk staff. Contributes to decisions regarding hiring, compensation, performance appraisals, staff development, training, etc.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:
  • 6-10 years relevant experience
  • Degree in a quantitative or financial discipline.
  • • Knowledge of financial instruments and risk metrics • Quantitative skills including mathematics involved in risk estimationand modelling • Excellent written and verbal communication skills • Must be a self-starter, flexible, innovative and adaptive •Ability to work collaboratively and with people at all levels of the organization • Excellent written and verbal communication and interpersonal skills • Ability to both work collaboratively and automously; ability to navigate a complex organization • Advanced analytical skills • Excellent project management and organizational skills and capability to handle multiple projects at one time • Proficient in MS Office applications (Excel/VBA, Word, PowerPoint) and SQL
  • Programming and/or database management experience

Education:
  • Bachelor's/University degree, Master's degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - HK------------------------------------------------------
Time Type :Full time------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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