Associate - Fixed Income Exotics Hybrid Market Risk Coverage (Ex-Japan)-090066008 Job Details

Job Description:
 
The Risk Coverage position will be part of the Market Risk team for Emerging Market & Exotics Hybrid The position is based in HongKong and will be primarily responsible for risk advisory and control of the Fixed Income Exotics Hybrid activities carried out of the Asia exJapan region. The risk manager will liaise with Market Risk Coverage in Asia, London and NYC, senior traders and marketers, as well as the support functions including structuring, product control, valuation, finance and technology.
 
Day to day Responsibilities:
 

    * Identify and validate risks of new and existing transactions, including extensive analysis of complex structured deals.  Work with the Front Office and functional support groups on accurate and prompt capture and representation of material risk exposures.
    * Monitor risk exposures, daily Value at Risk (VAR), weekly Stress Scenarios and confirm risk profiles changes with the Front Office.  Check exposures against current limits.  Ensure proper reflection of all exposures and provide adjustments/resolutions if otherwise.
    * Analysis and communicate portfolio / structure specific  risks - especially in non-linear products, recent historical market movements and trends and their impact on the desk's P&L to management.
    * Work closely with the front desk and fundamentals research on understanding of market conditions and magnitude/probability of potential adverse effects.
    * Coordinate with Structurer, Valuation and Quantitative Research on proper valuation of risks, focusing on adding value through risk reduction by identifying opportunities for hedging and/or diversification.
    * Work with Technology and Reporting teams on streamlining of daily risk reporting and monitoring of market risk positions.  Track progress of requested changes and enhancements.
    * Aggregation and presentation of key risk information. Risk/return analysis of portfolio performance. Inventories of peripheral risks.

Qualifications
Required Skills:

    * Track record of experience in Asia exJapan Fixed Income & FX markets and related Fixed Income / FX exotics hybrid products
    * Understanding of market risks management concepts (such as Value at Risk), Risk Capital, Stress, Limits, Drawdowns and other risk/performance metrics.
    * Strong quantitative and analytical skills, experience in economic fundamentals and modeling for Exotics Hybrid products a plus
    * Understanding of JPM systems environment (Kapital, Aladdin, Athena, etc) a plus
    * Basic understanding of finance and credit risk
    * Strong time management skills- should be able to work well under pressure managing several time sensitive deadlines
    * Strong attention to details with understanding of the broader picture
    * Excellent communications skills and be comfortable interfacing with traders and senior management.
    * Be able to work without constant supervision with a strong sense of accountability