VP, Market Risk

Job description

Our client, a leading financial institution - is looking for a VP, Market Risk for their firm.

Key Responsibilities

• Oversee risk management tasks, including but not limited to Value at Risk (VaR), Profit & Loss (P&L) analysis, and position calculations.
• Manage market and liquidity risk for all treasury-related activities, ensuring effective monitoring of system characteristics, reviewing pricing models for derivatives and financial products, and implementing necessary improvements.
• Conduct risk management tests, including back-testing and stress testing.
• Lead and coordinate quantitative analysis, risk evaluations, and reporting for new product initiatives, collaborating with the Head Office for product approvals.
• Assess the risk profile in the APAC region and provide strategic advice on market and liquidity risk management to optimize risk and profitability for the bank.
• Serve as the primary liaison with the Head Office and other relevant parties on all technical risk management matters, including the transmission of data and information for reporting purposes.

Job Requirements

• Bachelor's or Master's degree in Quantitative Finance, Financial Engineering, or a related field.
• Minimum of 5 years of relevant experience in a corporate or commercial banking environment.
• In-depth understanding of financial products, pricing model methodologies, and the ability to interpret pricing and risk models.
• Strong analytical skills with a solid foundation in market and liquidity risk.
• Proficiency in programming (VBA and/or SQL) is preferred.
• Excellent communication skills and the ability to collaborate effectively with front office, back office, and head office teams.