Risk Manager Market and Liquidity

**Responsibilities**

**Market Risk Management**:

- Monitor, assess, and report market risks related to the bank’s financial products, including interest rate, foreign exchange, fixed income, and derivatives.
- Develop and maintain risk measurement models such as Value-at-Risk (VaR), stress testing, and scenario analysis to assess market risks across diverse financial instruments.
- Collaborate with ALCO and other departments to present findings and recommend strategies to mitigate risks.
- Monitor the performance of the trading book and non-trading portfolios and ensure alignment with risk limits.
- Prepare regular reports and presentations for senior management on the bank’s market risk profile and any significant changes.

**Liquidity Risk Management**:

- Assess and monitor the bank’s liquidity risk by analysing cash flow projections, funding sources, and asset-liability management strategies.
- Implement liquidity risk models and stress tests to ensure the bank maintains adequate liquidity in both normal and stressed conditions.
- Monitor liquidity indicators such as MLA, LDR, liquidity gap, cash flow behavioural analysis to ensure regulatory compliance with liquidity requirements.
- Work collaboratively with the ALCO to provide insights into liquidity buffers and funding strategies.

**Interest Rate Risk in the Banking Book (IRRBB)**:

- Monitor IRRBB and its impact on the banking book, ensuring appropriate strategies to manage interest rate exposures.
- Use stress testing and scenario analysis to evaluate the impact of interest rate movements on the balance sheet.
- Collaborate with ALCO and other stakeholders to align IRRBB management with the overall asset-liability management (ALM) strategy.

**Digitalization and Automation in Risk Management**:

- Identify opportunities to enhance market and liquidity risk management processes through digital tools, automation, and data analytics.
- Participate in automation initiatives, using Robotic Process Automation (RPA) and programming tools to streamline risk management processes across risks teams.
- Collaborate with various risks teams to automate manual processes, reduce errors, and increase operational efficiency using RPA and programming tools.
- Participate in the building and implementation of data-base and machine learning techniques.
- Work with IT and risks teams to design and implement BI and programming tools to develop digital dashboards for risk monitoring and reporting, enabling seamless collaboration across all risk functions.

**Standard Operating Procedures (SOP)**:

- Develop, update, and maintain Standard Operating Procedures (SOPs) for Market Risk, Liquidity Risk, Interest Rate Risk, as well as automation workflows.
- Ensure that SOPs are aligned with industry best practices, regulatory standards, and internal policies.

**ALCO Participation**:

- Participate in ALCO meetings, providing detailed risk analysis on market risk, liquidity risk, IRRBB, and financial products.
- Collaborate with ALCO members to drive asset-liability management (ALM) strategies that align with the bank’s risk appetite and financial goals.
- Prepare reports and presentations for ALCO on key risk metrics, liquidity strategies, and new product evaluations.

**Other Risk Management Responsibilities**:

- Ensure continuous compliance with internal and regulatory risk management policies, working closely with relevant risk teams to ensure robust governance.
- Participate in cross-functional projects that enhance the bank’s risk management framework, including data analytics, reporting automation, and regulatory compliance

**Requirements**:

- Bachelor’s or Master’s degree in Finance, Risk Management, Economics, Data Science, or related fields.
- Minimum 5 years of experience in market risk, liquidity risk, or related financial risk management roles. Prior exposure to digital transformation or digital tools in risk management is preferred.
- Strong understanding of financial products such as derivatives, bonds, structured products, and their associated risks.
- Expertise in pricing and valuation techniques for financial instruments.
- Proficiency in risk modeling (VaR, stress testing, IRRBB models) and regulatory frameworks (Basel IV, HKMA, MAS).
- Experience with RPA tools and automation platforms, business Intelligence tools as well as data analytics programming tools and database (e.g., Python, R, Power BI, VBA, SQL).
- Demonstrated experience in delivering automation initiatives, particularly in using VBA and RPA to optimize workflows in Risks teams.
- Ability to work collaboratively with cross-functional teams to deliver innovative risk solutions.
- Strong ability to analyse complex data and provide insights into market risk, liquidity risk, and IRRBB exposures.
- Experience in implementing RPA and use of VBA to improve operational efficiency and streamline processes across different risk functions.
- Strong verbal and written communication skil