Vice President - Quantitative Risk Management
Hong Kong Exchanges and Clearing
- Hong Kong
- Permanent
- Full-time
Connecting capital, ideas, inspiration and innovation for deeper, more diverse and liquid global capital markets; providing greater choice and opportunity for our customers, each and every day.HKEX is a purpose-driven company. Our commitment to the long-term development of our business and our markets is articulated in our purpose: "To Connect, Promote and Progress our Markets and the Communities they support for the prosperity of all."Job Summary: We are seeking a highly analytical and detail-oriented Quantitative Analyst to join our team in Shanghai. The Quantitative Analyst will be responsible for developing, implementing, and maintaining the risk analytical models, especially VaR/ES models to measure and monitor risks across the organization.Job Duties:
- Develop, maintain and improve the VaR models to ensure accurate measurement of market risk exposures
- Analyse and interpret market data to identify trends and potential risks
- Work closely with risk management, business analysis, IT development, and other stakeholders to provide insight on the risk profile of trading positions
- Conduct stress testing to assess the impact of potential market scenarios on the portfolio.
- Analyse portfolio risk metrics and provide regular reports to senior management.
- Collaborate with other risk teams to ensure alignment of risk metrics and methodologies across the organization.
- Continuously monitor and evaluate the performance of VaR models and suggest improvements or adjustments as necessary.
- A Master/PhD degree in a highly quantitative field (Physics, Mathematics, Financial Engineering, Electrical Engineering, Statistics etc.).
- At least 5 years of relevant work experience in the risk quant analysis or development with a focus on VaR.
- Strong analytical and problem-solving skills with a deep understanding of financial markets and exchange traded products.
- Have solid experience in coding and be proficient in Python.
- Good communication skills with the ability to explain complex ideas to non-technical stakeholders.
- Experiences in managing a team of quants and quant developers are desirable.
- Self-motivated and able to work independently as well as in a team-oriented environment.
- Fluent in English.