Job Description
Reporting to the Chief Risk Officer, we are currently looking for a risk professional with CCP Clearing Risk and modelling experience to join the Risk Management Department.
Key Duties and Responsibilities
- Manage APEX's clearing risks effectively and comprehensively in line with approved Risk policies.
- Review and update risk policies and procedures to align with IOSCO-PFMI guidelines, regulatory requirements, and directives from the Board Risk Committees.
- Maintain and improve appropriate risk models such as margining, collateral, and stress testing for APEX, which is the key responsibility for this role.
- Identify opportunities and/or gaps to enhance data quality and existing reporting processes.
- Conduct day shift and night shift duties regarding clearing risk management as per required.
- Handle end-of-day stress test reports, back test reports, liquidity risk reports, bank counterparty and Guaranty Fund reports, etc.
- Review and test APEX's contingency plans, including default management and recovery plans, to ensure smooth operability.
- Conduct credit scoring to rate APEX's members and counterparties.
- Conduct regular risk reporting, including monthly, quarterly, and annual reports.
- Execute enterprise risk management tasks as arranged by the Chief Risk Officer.
- Perform any other duties assigned by the Chief Risk Officer from time to time.
Requirements:
- University degree or above with at least 5 years of experience managing the risks of a clearing house or future brokerage, or equivalent experience.
- Good understanding of financial products such as futures and options.
- Strong knowledge of margining, risk models and methodologies.
- Strong quantitative skills, preferably with working knowledge of programming languages / software such as Excel, Python and VBA.
- Motivated and able to produce quality work under pressure.
- Strong analytical ability to analyze risk related issues and deal with complexity and ambiguity.
- Strong communicator with oral, written and presentation abilities in English and Mandarin.
- Good communication and interpersonal skills, positive team player.
- Professional qualifications like CFA, FRM will be considered favorably.
