Head of Risk

Key Duties & Responsibilities:

• Lead the risk team to develop risk policies, procedures and risk methodologies, execution of credit control, margin calls, credit approval for margin clients of stock agency brokerage business;
• Provide comments on credit limits applications for securities and futures/options businesses;
• Provide user requirement for IT system development in respect of risks & relevant regulatory body’s rules, and perform UAT;
• Risk assessment on new products and businesses and assist in developing the risk control framework for new businesses/products including relevant risk management policies and procedures, systems and daily monitoring workflow;
• Handle regular reporting, if any, to the Regulatory body related to Risk management perspective
• Build the local risk management team to support business growth and business initiatives

Qualifications & Requirements:

• A minimum of 8-10 years of relevant experience in securities industry risk management function is a MUST;
• Bachelor or above in Risk Management, Finance, Business Administration, or related disciplines;
• Qualification in risk or financial management such as FRM or CFA is preferred;
• At least 6 years’ relevant experience in sizeable securities firms, financial institutions;
• Knowledge of credit risk management methodologies, risk control processes
• In-depth knowledge in local regulations regarding brokerage and margin business
• Experience in system implementation, project management or related tasks;
• Good command of spoken and written English is essential, Mandarin speaker is an advantage;
• Excellent communication skills and the ability to thrive in a collaborative team environment;
• High standard of work ethics, integrity, and adherence to internal control;
• Proven leadership capabilities and strong interpersonal skills; a good team player