Associate/AVP Traded Risk Specialist

As a key member of the Market, Counterparty & Liquidity Risk (MCLR) team for the Asia-Pacific and Middle East (APME) region, the Traded Risk Specialist will report directly to the Co-Heads of Control, Certification & Analysis (CCA) and Risk Framework. The successful candidate will maintain close, ongoing collaboration with the three other core pillars of the regional risk team based in Hong Kong: Risk Management, Counterparty Credit Risk (CCR), and Structured Balance Sheet Risk (SBSR). Main Responsibilities: Control, Certification & Analysis: Support the Co-Heads of CCA & Risk Framework in controlling, analyzing, and certifying traded risks across all APME desks, including Global Securities Financing, Equity Derivatives, Linear Rates/FX, IR & FX Options, Credit, and Commodities. Consolidate and certify key risk indicators (including VaR, SVaR, Stress Testing, and major Greeks) alongside daily P&L. Produce comprehensive daily risk indicator and P&L reports, providing clear risk-based P&L attribution and explanation. Risk Monitoring & Governance: Monitor and perform deep-dive analyses on limit utilization, breaches, warnings, loss alerts, VaR back-testing exceptions, significant market moves, and portfolio stress testing. Analyze, review, and comment on Volcker / French Banking Law (LBF) KPIs, Client Contribution metrics, and traded positions. Deliver consolidated risk and P&L reports to Senior Management (Risk and Front Office across the broader APME region) on a weekly, monthly, and ad-hoc basis. Stakeholder Collaboration & Projects: Partner closely with Trading, Risk Management, Risk Framework, CCR, SBSR, Finance, Operations, Internal Audit, and IT on various Product Control and Market Risk matters. Actively lead or participate in cross-platform quantitative and IT projects aimed at enhancing the existing market risk and valuation frameworks. Assist Head Office (HO) on global risk and P&L inquiries, contributing directly to global project initiatives. Represent MCLR APME in New Business initiatives, providing constructive requirements, feedback, and risk opinions. Ensure strict compliance with local and global regulatory standards governing Product Control and Market Risk (including HKMA, FBL, and Volcker Rule requirements). Required Skills: Professional Experience: Strong, proven experience in Product Control and/or Market Risk monitoring within a major investment bank. Deep exposure to derivatives and structured product activities; prior experience covering a structured desk (e.g. Equity, FX or IR Derivatives) is highly advantageous. Academic & Technical Background: A quantitative academic background (Degree in Finance, Science, Mathematics, Engineering, or a related quantitative discipline). Strong technical proficiency in coding, advanced Excel modeling, SQL, and Power BI. Familiarity with trading systems such as Sophis, Murex and Summit OTC is highly desirable. Soft Skills & Competencies: Excellent presentation, synthesis, and communication skills, with the ability to summarize complex risk metrics for senior stakeholders. Exceptional attention to detail with the ability to work independently in a fast-paced environment. Fluent in English (written and spoken). Regulatory Knowledge: Strong knowledge of current financial regulations. Professional qualifications obtained under the HKMA's Enhanced Competency Framework (ECF) are highly preferred.