Risk Management - Counterparty Risk - VP/Director

About Us:
Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities. Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group's internationalization strategy by:
a) not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland China government’s policies and commercial intentions);
b) actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China;
c) integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.

Huatai International operates as a holding company for consolidating all of the group’s cross-border businesses and companies under one umbrella, offering a truly unified and international business platform. In recognition of such international strength, the renowned international rating agency Standard and Poor’s has assigned Huatai International a “BBB+” rating (for long term) and “A-2” (for short-term).

The counterparty risk officer plays a critical role in managing and mitigating counterparty risk for Huatai Financial Holdings (Hong Kong) Limited. The role involves assessing the creditworthiness of counterparties to ensure the firm’s exposure to default risk is minimized. A strong understanding of financial instruments such as derivatives, repos, and securities lending is essential. This position offers a unique opportunity to play a key role in safeguarding the firm’s financial stability while gaining exposure to a wide range of financial markets and products.

Job Description :

Counterparty Risk Analysis

• Perform due diligence of new and existing counterparties (banks, broker-dealers, hedge funds, corporates, etc.); Assess creditworthiness and assign internal credit ratings scores.
• Prescribe credit terms & covenants for legal documentations such as ISDA, CSA, GMRA, GMSLA etc.
• Recommend and set appropriate counterparty limits and initial margin terms.

Exposure Measurement & Monitoring

• Calculate and monitor current and potential future exposures for derivative portfolios and securities financing transactions.
• Continuously monitor counterparty exposures against approved counterparty limits and market conditions to identify potential risks.
• Oversee the collateral management process related to counterparty risk (margin calls, disputes, eligibility of collateral).
• Manage limit excesses: investigate causes, escalate breaches, and work with Front Office to remediate.

Reporting & Communication

• Prepare clear and concise risk reports. Communicate risk findings, limit breaches, and recommendations effectively to Front Office, Senior Management, and Collateral teams.
• Participate in regulatory examinations and audits.
• Contribute to the development and enhancement of risk policies and procedures.

Qualification:

• Advanced degree in Accounting, Finance, Mathematics, Engineering, or related discipline.
• Strong analytical skills for risk modeling and financial analysis.
• Solid programming skills to handle quantitative data analysis independently.
• Detail oriented and ability to multi-tasking in a fast-paced, high-pressure environment.
• Team player with strong interpersonal and stakeholder management skills.
• Proficient oral and writing skills in Mandarin and English, Cantonese is a plus.