Deputy General Manager (Market Risk)
- Bank of China (Hong Kong)
- China
- Nov 20, 2023
Maths
Full-time
Job Description:
Responsibilities:
- Responsible for the management of market, interest rate and liquidity risks and comprehensive risks of BOCHK Group
- Coordinate and establish the relevant risk management system of the Group, and conscientiously implement the new requirements proposed by the regulatory agencies, continuously enhance the Group's risk management capabilities, in order to support business development in a compliance manner
- Coordinate the setup of various management limits for market, interest rate and liquidity risks and organize their implementation to ensure that bank-related businesses operate within the limits approved by the board of directors or management
- Review the group-level rules and regulations involved in market, interest rate and liquidity risk management, unit-level management rules, and various operating procedures and work plans submitted by each unit to ensure that these regulations and measures are consistent with the relevant policies and procedures formulated by the bank
- Take the lead in formulating the group's risk management policy statement, risk appetite statement, recovery and disposal plan, etc., submit them to the board of directors for approval and implementation, and continuously monitor the implementation progress
- Formulate the group's risk management strategy and annual work plan, taking into account changes in the external environment, market competition, regulatory requirements, and the development requirements of the Group's frontline business, and timely adjust the group's risk management plan
- Cooperate with various risk management units to carry out comprehensive risk management, being responsible for the consolidation and sharing of risk information, and regularly report the comprehensive status of the Group's risk management to the management, board of directors and regulatory agencies
- Coordinate the secretarial work of the Board of Directors Risk Committee and the Risk Management and Internal Control Committee
Requirements:
- Bachelor degree holder or above, preferably major in economics or finance
- Minimum of 15 years of working experience in banking or risk management, of which 10 years shall be in the management of risk management team
- Have good experience in working with regulators and the set-up of risk management strategies
- With good understanding on the overall operation of the bank and the corresponding regulatory regulations
- Have extensive knowledge and experience in market risk management and financial management
- Have experience and capabilities in using risk management tools, related technologies and systems
- Proficiency in both English and Chinese (including Putonghua) with good communication skills