Risk Deputy Manager

Key Responsibilities

1. Evaluate, monitor, and analyze market risk exposures, including interest rate risk in the banking book (IRRBB), Treasury products, and financial derivatives.
2. Perform daily product control activities, including Treasury transaction verification, trade cancellation monitoring, data reconciliation, off-market rate monitoring, P&L production and analysis, MTM valuation, and hedge accounting effectiveness testing.
3. Monitor, review, and maintain approved risk limits, including limit utilization, traders' and counterparties' limits, and timely escalation of limit breaches.
4. Conduct stress testing, scenario analysis, and risk assessments to identify potential market risks and support risk management decisions.
5. Develop, validate, and enhance risk management systems, reports, templates, and data controls to ensure data accuracy and operational efficiency.
6. Prepare timely risk reports, management presentations, committee papers, and meeting minutes for Risk Management Committees.
7. Review and update market risk and product control policies, procedures, and internal controls, and assess new or existing financial products and services.
8. Perform periodic maintenance of trading systems, including user access rights and system controls, and collaborate with relevant stakeholders to support risk management initiatives.
9. Perform any other duties assigned from time to time.

Job Requirements

Education

• Recognized bachelor's degree or above in Finance, Mathematics, Economics, or a related discipline.
• Professional certifications such as FRM, PRM, or CFA will be an advantage.

Working Experience

• Minimum 2 years of relevant experience in Market Risk Management, Product Control, Treasury Risk, or related functions within the banking industry.
• Strong knowledge of Treasury products, financial derivatives, market risk management, and interest rate risk.
• Experience with Bloomberg Terminal, Reuters Eikon, or other Treasury/Risk systems will be an advantage.

Language

• Proficient in Business English and Mandarin to communicate with Mandarin-speaking stakeholders.

Technical Skills & Competencies

• Proficient in Microsoft Excel; knowledge of VBA, Access, or financial modelling is an advantage.
• Strong analytical, problem-solving, and interpersonal skills.
• Ability to work independently, manage multiple priorities, and perform effectively under pressure and tight deadlines.