Job ref no.: 1900031889 (CT3124065-01#0206)
Standard Chartered Bank

Traded Risk Manager

Standard Chartered Bank

The Role Responsibilities

Business

  • To uphold the integrity of the Group's risk/return decisions, and in particular to ensure that Market Risk in the GCNA region within under Corporate and Institutional Banking (CIB) are properly assessed, that risk/return decisions are made transparently on the basis of this proper assessment and are controlled in accordance with the Group's Risk Appetite.
  • To ensure that the Group’s market risk framework for the management of market risks is appropriately and consistently applied in Hong Kong
  • To support the Treasury Markets and Financial Markets in the management of Traded Market Risk.
  • To meet local regulatory requirements as they pertain to risk management, prudential standards and governance, conduct and operational standards
  • To create transparency and escalate in a timely manner to relevant stakeholders regarding the key exposures in the region.
  • To review, recommend, discuss and analyze traded risk data and other financial product information with a view of setting risk parameters enough to protect the Group from extreme loss

Processes

  • Ensure effective management of operational risks within the Function and compliance with applicable internal policies, and external laws and regulations
  • Continuously improve the operational efficiency and effectiveness of the function
  • Assist in driving a consistent interpretation and application of market risk policies across all countries in the region.
  • Monitor on-going compliance with and effectiveness of the risk control environment

Risk Management

  • Develop proactive engagement with the business, Risk Committees in pursuit of balanced risk / return via discussions on treasury market and trading risk exposures and limits.
  • Based on company risk appetite, review and approve the trades under HK and cover GCNA region.
  • Being a SME (subject matter expert) of asset classes and leader of the Traded Risk Management for GCNA region, setting standard for sites to follow and constructive challenge FO to protect the bank
  • Assist in maintaining and developing the Function’s capabilities and skills to meet ongoing business growth, needs and plans
  • Ensure that risk decisions are transparent and supporting rationales are explained in a professional & courteous manner, especially when turning down proposals.
  • Identify and escalate new and emerging risks that could be material to the region. Recommend relevant governance to control these emerging risks to help the bank to avoid big loss.
  • Assist and design and oversee the implementation of relevant stress tests and scenario analysis for the GCNA region
  • Forward looking, taking into consideration to external events which may be material to this region. Ensure appropriate management action is being taken to mitigate their impact.
  • Uphold the integrity of risk/return decisions by challenging business and control function heads to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and Risk Appetite
  • Identify and report key risks material to the Group and challenge the First Line to evidence that the material risks arising from their business activities have been identified, assessed, monitored and reported.
  • Monitor internal and external events material to the Group and ensure appropriate management action is being taken to mitigate their impact
  • Provide new product support in terms of risk measurement, limits and monitoring. Ensure relevant risk measures, controls and process is in place before approving the launch of new products.
  • Responsibility for regular or ad hoc market risk activities reports / information / analysis to management.
  • Ensure that traded risk measurement methodologies are fit-for-purpose, comprehensive and implemented with integrity.
  • Ensure that there are appropriate and documented internal controls and procedures in place. Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations. Maintain procedures for monitoring, management and reporting of operational risks arising within area of responsibility.
  • Perform monthly KCSA/CST checking and be the representative in the OPEX meeting to ensure all operation risk issue being addressed in timely manner.
  • Chair the GCNA Business Control Meeting to coordinate all operation risk issues throughout the GCNA countries and prepare meeting material for the meeting.
  • Working with the project team to fulfill the BCBS 239 requirement and review the process in annual bases.

Governance

  • Oversight all market risk and operation risk issue within the GCNA region and formulate appropriate governance / policies for all GCNA countries.

Regulatory & Business Conduct

  • Display exemplary conduct and live by the Group’s Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Lead the Traded Risk Management to achieve the outcomes set out in the Bank’s Conduct Principles: Effective Financial Markets
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • To fulfil HKMA and PRA requirement.

Key Stakeholders

  • Hong Kong Financial Market including both Trading and TM
  • Country Compliance
  • Regional/Group Market and Counterparty Credit Risk team
  • Market Risk Analytics
  • Global Market Risk Asset Class Leads
  • Risk Functions in Country
  • Group Internal Audit
  • Regulators

Our Ideal Candidate

  • Education: Bachelor or above in Finance or Risk Management
  • Language: Fluent in English
  • TMA full member
  • FRM or CFA

Apply Now to join the Bank for those with big career ambitions.


 

More job information
Job ref no. 1900031889 (CT3124065-01#0206)
Salary
Job Function
Industry
Employment Term
  • Permanent
  • Full-time
Experience
    N/A
Career Level
  • Middle management level
Education
  • Degree
  • Master's degree