Market Risk, APAC - Vice President

Job Summary

Required Qualifications

• •Vice President, Market Risk
• •Global Treasury Risk Management (GTRM) team within Enterprise Risk Management (ERM)
• •independent second-line oversight of trading market risk across Markets and Treasury
• •primary focus on APAC activities
• •contributing to global risk management initiatives and governance programs
• •highly motivated senior risk professional
• •strong quantitative capabilities
• •deep knowledge of traded products and market risk management
• •ability to influence senior stakeholders across business, risk, technology, and control functions
• •Primary coverage includes APAC Foreign Exchange, Interest Rate and related derivatives trading activities
• •Lead independent second-line oversight of market risk across APAC Markets and Treasury activities
• •identifying key risk drivers, portfolio vulnerabilities, emerging risks, and areas requiring independent review and challenge
• •Monitor market risk exposures, including VaR, sensitivities, stress testing results, and limit utilization
• •ensuring material issues and exceptions are appropriately escalated
• •Establish and maintain market risk limits, controls, escalation thresholds, and governance standards
• •assessing the quality and integrity of risk data, methodologies, and reporting outputs
• •Provide independent risk assessment and challenge for new products, business initiatives, and changes in trading activity
• •Lead stress testing analysis
• •support the development, implementation, and governance of market risk frameworks, methodologies, and scenarios
• •Contribute to the enhancement of risk systems, analytics, models, tools, and reporting capabilities
• •partnering closely with model analytics, technology, and data teams
• •Support compliance with market risk regulations and regulatory initiatives, including FRTB and other applicable trading book requirements
• •contributing to regional and global governance forums
• •Build strong relationships with business, treasury, technology, operations, and control functions
• •providing leadership, guidance, and support to junior team members where appropriate
• •Bachelor's degree or higher in Finance, Economics, or a related quantitative discipline
• •7+ years of relevant experience in market risk management within a major bank, financial institution, or regulatory environment
• •Strong understanding of Foreign Exchange and Interest Rate derivatives, including forwards, swaps, NDFs, and options
• •Experience with risk measurement methodologies including VaR, sensitivities, stress testing, and back-testing
• •Experience developing analytical tools or prototypes using Python and SQL
• •Familiarity with Bloomberg, Reuters, or other market risk platforms
• •Knowledge of FRTB, trading book capital requirements, and related market risk regulations
• •Experience with equity swaps, including index and basket swap structures
• •Ability to work effectively in a global environment, partnering with teams across regions and functions
• •Hybrid work environment based in Hong Kong
• •Flexibility to collaborate with global stakeholders across multiple time zones

Desired Qualifications

• •Strong market risk expertise across Foreign Exchange, Interest Rate products, and related derivatives
• •Excellent analytical, quantitative, problem-solving, and critical-thinking skills
• •Ability to effectively challenge, influence, and partner with senior stakeholders in a risk oversight capacity
• •Strong written and verbal communication skills with the ability to explain complex concepts to both technical and non-technical audiences
• •High standards of integrity, independence, and professional judgment
• •Additional requirements Experience with equity swaps, including index and basket swap structures, is advantageous
• •Ability to work effectively in a global environment, partnering with teams across regions and functions