About this role
We’re hiring a Risk Manager to monitor risk on our bond and interest rate swap trading. This position will cover our prop trading desks and multi-strategy fund, working closely with our global team.
Key Responsibilities
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Monitor daily trading-book risk on bonds, repo and interest rate swaps, including DV01/PV01, duration, curve and credit spread exposure, against approved limits.
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Produce the daily risk report and limit log, reconcile positions, and independently verify bond and swap valuations.
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Run stress tests and scenario analysis (curve shifts, spread widening, liquidity shocks), and prepare monthly risk packs covering VaR, Expected Shortfall and P&L attribution.
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Monitor counterparty and margin risk (credit lines, repo haircuts, collateral, margin calls), and liaise with brokers, banks and counterparties.
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Review new strategies and products before launch, and escalate limit or policy breaches promptly to senior management.
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Support HK SFC and other regulatory requests, and help automate risk reporting using Excel/VBA, Python or AI tools.
Requirements
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2–4 years in trading risk control, with direct fixed income exposure (bonds, repo, IRS or other rates/credit derivatives).
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Background from a securities firm FICC or fixed income proprietary desk (券商固收自营), bond-focused private fund, hedge fund, prop firm or futures risk subsidiary.
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Hands-on experience with VaR, Expected Shortfall, DV01/duration and limit monitoring on live positions.
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Advanced Excel (VBA/macros). Python or SQL is a plus.
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CFA, FRM or PRM (or in progress) desirable. Bachelor’s degree or above in finance, economics, mathematics or a related field.
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Fluent English and Mandarin.
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Meticulous, resilient under pressure, and comfortable challenging traders, when needed.