Emerging Markets & Cross Asset Non-Linear Trader

Responsible for Emerging Markets & Cross Asset Non-Linear Trading for Asia and market risk management for CA-CIB within the authorised trading limits and delegated trader mandate, i.e. the risk parameters and designated currency and product limits.

Also, responsible for liaising with the CA-CIB Sales Network, to provide our customer base with superior service and expertise for distributing, pricing, and risk management solutions.

Key Responsibilities

• Financial performance of the trading books within the business line, interims of the generation of revenues, utilization of capital and balance sheet and overall performance targets (excluding allocated costs and management overhead).
• Product development in all areas of responsibility, especially on local currencies and on shore offshore activities.
• Manage Global Markets Trading business within the delegated risk parameters.
• Ensure compliance of the business line with all regulatory and other policies, procedures and guidelines.
• When in the context of global book ensure smooth coordination with appropriate trading desks to ensure pricing consistency and appropriate local execution and hedging.

Strategy and Business Planning

• Formulate risk management strategies by analyzing the latest market data both daily and longer term
• Make efforts to remain aware of all economic and financial data likely to affect the market, and on market specific changes and developments.
• Daily Trading & Administrative Responsibilities
• Actively communicate market movements in designated markets to other team members in order to ensure whole desk is privy to all relevant information.
• Price and execute for both new products as well as specific client transactions. Pricing must ensure that the Bank is adequately compensated for the level of principal risk and the amount of balance sheet it dedicates to specific transactions.
• Timely record and enter all transactions into front office trading systems in line with applicable trading procedures in effect.
• Provide best efforts in a timely fashion to resolve all trade errors as reported by Back Office.

Management and Reporting

• Asia Emerging Markets & Cross Asset Non-Linear Traders report directly to the Head of Asia Non-Linear Trading on the progress of the business and any specific issues that arise.
• Provide technical support and direction to more junior staff as appropriate.
• Ensure that the Management of GMT are made fully aware in a timely fashion of all matters that might have a material impact on the GMT local or global non-linear trading group performance, risk position or compliance with legal or regulatory requirements.
• Liaise closely with global overseas offices, Paris, London.

Control

• Responsible for provision and monitoring of adequate internal controls within the Global Markets HK non-linear trading organization, ensuring effective identification, management and control of market and operational risks, clear segregation of duties and full trade reconciliation procedures within the front office where appropriate.
• Ensure any warning signals of problems emerging in the business are followed up ensure appropriate investigation and any appropriate remedial action.
• Address, in the suggested timeframe, any points or recommendations made by internal or external auditors or regulators.

Risk

• Ensure adherence to the overall risk limits, including both credit and market risk, as set for Global Markets non-linear trading.
• Ensure adequate systems and information flow to allow monitoring and management of these risks.
• Ensure that other categories of risk to which the Company is exposed (e.g. legal, operational, and reputational risk) are identified to the extent possible within the trading function. Such risks should then be delegated, documented and managed as appropriate within acceptable levels.
• Risks manage the trading books for which responsible. Maintain such risks within the risk limits delegated by Market Risk together with any additional limits imposed by GMT management.

Bachelors Degree, preferably in a Mathematical / Scientific area, or A-levels followed by appropriate market relevant working experience.

• Experience in financial products related trading/ risk management activities.
• Experience in trading and risk managing a trading book, where applicable.
• Excellent communication skills and able to coordinate effectively with other Senior Managers, Sales, Structurers and Quants.
• Ability to think quickly, make decisions using good judgement and prioritize in busy trading situations.
• Thorough knowledge of financial derivatives including market liquidity (ability to enter or exit a position) and volatility (magnitude / speed of price change), pricing and trading/hedging strategies.
• Strong numerical, analytical and spreadsheet skills.