VP- Risk Analyst - Front Office Trading Risk

Permanent contract|Hong Kong|Risks

VP- Risk Analyst - Front Office Trading Risk

Hong Kong, Hong Kong Permanent contract Risks


Responsibilities : 

Counterparty risks:

  • Central clearing houses: the candidate would contribute to supervise risks taken at central clearing houses, monitor exposures, perform mandatory regular reviews, request ad-hoc limit increases and participate into firedrills.
  • Monitoring of counterparty risks metrics: the candidate would help liaise with RSR in Europe, EQD/RSR and RISQ in Asia to improve the overall monitoring credit exposures with main client counterparts.

Market risks:

  • Equity Linear activities (indexation, financing): As this is a major activity for Asia with many requests for new business developments, the candidate would contribute to handle some market risk limit increases (e.g. delta, delta repli, FX rolling increases); liaise with risk management teams to have these requests approved, and monitor the exposures.
  • Fixed-income Linear activities (Japan, G10, emerging markets):  the candidate would help to supervise these businesses and manage their limit requests.
  • Monitoring of metric consumptions (VaR, Stressed VaR and Stress-Tests) and limit overshoots: the candidate would participate in monitoring limits’ usage and market risk exposures to avoid breaches. 
  • One-off approval of small transactions: on specific occasions, the candidate would be involved in approving small one-off transactions.

Transversal tasks:

  • The candidate would help the team in its role of reporting to the management (weekly PnL report to Paris, monthly recap of risks, one-off mid-day recap in case of market event/crash, etc.). 

Profile required

  • Background: Master degree in mathematics, physics or finance.
  • Some basic knowledge about financial derivatives securities and the general principles of non-arbitrage pricing
  • Some experience in risk management or on a trading floor
  • Have a good analytical mindset for reviewing one-off transactions and assessing market limit increase requests from traders,
  • Be able to identify hidden or not obvious potential risks for the Bank, to understand their consequences and propose risk mitigants,
  • Some little writing skills in English are highly appreciated,
  • Be able to engage in difficult negotiations with senior traders and risk managers.

Business insight

Company Description
Societe Generale is one of the leading European financial services groups. Founded in 1864, we have been playing a vital role in the economy for over 150 years. With more than 148,000 employees based in 76 countries worldwide, we accompany 32 million clients throughout the world on a daily basis. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth.

ASIA-PACIFIC (ASIA), as one of the Business Units of Societe Generale, operates in 12 locations across the Asia Pacific region, employing over 2,500 employees with the regional headquarter located in Hong Kong. Our activities here are centered on Societe Generale's Global Banking & Investor Solutions pole (GBIS), a major growth engine for the Group and a key pillar of Societe Generale's universal banking model. Our expertise in Asia Pacific ranges from Corporate & Investment Banking (Advisory, Financing and Global Markets) to Asset Management, Global Transaction Banking and specialised financial services like Equipment & Vendor Finance and Vehicle Leasing & Fleet Management. In addition, Societe Generale's Global Solution Centre (SGGSC) in Bangalore and Chennai offers customised business solutions to the Societe Generale Group globally including ASIA.

Department Description

MARK/RSR’s (Risk & Scarce Resources) primary responsibility is to help capital markets management in APAC to supervise market and counterparty risks taken by activities in Asia. The role of the team includes to help businesses get approvals from the risk management department to develop their activities and monitor exposures to avoid limit breaches. RSR covers both equity and fixed-income markets. Risks supervised are mainly market and counterparty risks. In its role, the team works closely with the central RSR team located in the headquarters in Europe.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 21000I6E
Entity: SG Securities (HK) Limited
Starting date: 2021/08/02
Publication date: 2021/06/04