Banking Job – Mandarin speaking Market Risk Manager – rj

Overview

In this role you will oversee market risk for the branch, ensuring adherence to risk appetite and regulatory expectations. You will engage with senior management, traders and head office to provide analysis, governance and challenge. You will build and maintain risk measurement processes across FX, rates, repos, fixed income and derivatives, contributing to risk reporting and regulatory submissions. This is a hands-on, credibility-driven position in a cross-functional risk team with a clear impact on the branch’s risk profile.

Responsibilities

• Monitor and report market risk exposures across relevant products
• Ensure adherence to risk limits, triggers and escalation procedures
• Perform daily risk analysis (VaR, sensitivities, stress testing, scenario analysis)
• Model and monitor IRRBB and transaction FX risk
• Identify emerging risks and enhance risk measurement methodologies
• Support stress testing and scenario design
• Prepare materials for senior management and risk committees
• Contribute to regulatory submissions and SMCR compliance
• Develop and implement market risk policies, procedures and controls
• Provide independent challenge to Front Office on pricing and risk-taking
• Oversee model governance for market risk models (VaR, IRRBB, sensitivities)
• Support validation of pricing models and valuation adjustments
• Produce regular market risk reporting for branch and Head Office
• Analyze drivers and align risk measures with trading outcomes
• Monitor market developments and assess impact on risk profile
• Act as primary point of contact for market risk matters in the branch
• Collaborate with Front Office, Finance, Compliance, Internal Audit and Head Office
• Lead/adapt to ad-hoc risk initiatives and projects
• Undertake other tasks as assigned by GM, CRO or Head of Risk Management

Key requirements

• Fluent in Mandarin and English
• Market risk experience across products (FX, rates, repos, fixed income, derivatives)
• University degree in Finance, Economics, Mathematics, Engineering or related field with 4+ years in market risk/trading at a UK bank
• Desirable: MBA, CFA or similar certifications
• Strong understanding of risk measurement techniques (VaR, IRRBB, sensitivities, stress testing)
• Knowledge of fixed income, FX, derivatives pricing and risk modelling
• Experience with risk systems (Murex, Bloomberg, Risk Metrics) and Excel/Python
• Familiarity with UK regulatory framework for third-country branches
• Strong analytical, problem-solving and independent judgment
• Ability to challenge and maintain independence under SMCR
• Integrity and credible engagement with senior stakeholders

• Excellent written and verbal communication in Mandarin and English
• Strong analytical mindset
• Credible stakeholder management
• VaR
• IRRBB
• Sensitivities

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