AVP/VP - Clearing Risk
Job description
An international clearing house is seeking a talented risk professional in their risk management department. They provide innovate solutions to a diverse range of global investors, committed to drive success in a derivatives trading. As an ideal candidate, you will be overseeing and managing clearing risk in alignment with approved risk policies. You will play a crucial role in enhancing policies, procedures, and systems, supporting new products and risk projects.
Responsibilities:
Assist in the comprehensive management of clearing risks in alignment with approved risk policies.
Contribute to the review and update of risk policies and procedures, reflecting industry guidelines and regulatory requirements.
Support initiatives to enhance policies, procedures, and systems, aligning them with new products or risk projects.
Collaborate in identifying opportunities to improve data quality and streamline existing reporting processes.
Contribute to night shift duties, including end-of-day margin call verification and calculation of special margins.
Assist in the generation of end-of-day stress test reports, back test reports, and liquidity reports.
Support the upload of relevant files onto internal and external websites.
Contribute to the development and validation of risk models for margining, haircut, and settlement pricing.
Assist in credit scoring activities to assess the creditworthiness of members and counterparties.
Collaborate in reviewing and testing contingency plans, including default management and recovery plans.
Undertake additional responsibilities as assigned by Team Lead and departmental leadership.
Requirements:
University degree and above in a numerate discipline.
2 to 4 years of experience in risk management, preferably in a clearing house or financial institution.
Solid understanding of financial products, including futures and options.
Familiarity with risk models and methodologies.
Basic quantitative skills, with a willingness to learn and develop proficiency.
Motivated individual capable of delivering quality work within established timelines.
Analytical mindset to address risk-related issues and navigate complexity.
Effective communicator with proficiency in English.
Team player with good interpersonal skills.
Candidates with additional professional qualifications (e.g., CFA, FRM) will be considered favorably.
Salary: $120k (Negotiable)
If you are interested in this role or would like to have a confidential discussion, please click "Apply Now" or contact Vanessa at functions@tenten-partners.com
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