Client: An established large local bank.
Location: Hong Kong
Principal responsibilities
• Management and oversight of Repo Trading (RPT), Interest Rate Trading (IRM covers Rates & Credit) and
Counterparty Exposure Management (CEM) teams in HK
• Lead the teams to deliver both financial and non-financial targets
• Formulate and drive the strategic priorities and business initiatives of RPT, IRM, CEM and GM at broader
level
• Responsible for Front Office Supervision and ensure best in class procedures with proper and effective
control are in place and implemented. E.G. ensure Key Risk Indicators reports are well scrutinized and
signed off in timely manner
• Guide and monitor the teams’ activities, perform daily front office supervision to ensure GM’s operations
are in compliance with regulatory requirement and group policies
• Formulate trading strategies for RPT, IRM, CEM and ensure the teams are running according to the plan
• Oversee the operation of RPT, IRM, CEM to ensure the overall risk position (e.g. interest rate, credit,
liquidity risk, etc) is properly managed and within the set limits
• Stakeholders management with both external (regulators, interbank counterparties) & internal (GM sales
teams, non-GM distribution channels, second line of defense, etc).
• Promote cross teams, cross businesses and cross border collaborations. Work closely with sales channels
and key stakeholders on effective product launch and strategies delivery.
• Maintain a thorough knowledge of the product areas including market liquidity, volatility, pricing and
trading strategies
• Lead RPT, IRM, CEM to provide consistent and accurate pricing service to sales force and clients, and
provide market information or insights to sales teams.
• Business dependent, monitor daily electronic trading activity and determines where certain trades should
be routed for execution, reviews all activity for accuracy of account information
• Encourage the team to fully understand, embrace RIGHT behaviors and to act according to the Value and
Purpose of the bank
• Dedicate to team members’ career development and to formulate succession plans for the critical roles
within the team
Qualifications
• University degree in Quantities Finance, Finance or Mathematics or a related discipline
• Minimum of 8 years' relevant experience in Repo and Rates, experience in Credit Trading is preferred
• People management and front office supervision experience with strong control mindset
• Good communication, interpersonal, analytical skills and detail-oriented are highly sought
• Great sense of ownership and servicing mindset to ensure efficient and effective customer service
processes and communication with top management and other departments
• Strong sense of financial and non-financial risk from trading perspective
• Proficiency in both English and Chinese
Applications:
Please send all resume and CV to CB Lim, MD, FSB Group Ltd E: cblim@fsbgroup.hk