Market Risk AVP

Job description

Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded. A leading global financial institution is seeking an Assistant Vice President Market Risk Management to join its Asia Market Risk Management Team in Hong Kong. This pivotal position places you at the centre of market risk monitoring, with a focus on rates and credit desks, structured financing trade risk analysis, illiquid asset risk measurements, issuer risk assessment, and portfolio stress analysis. You will be empowered to collaborate with both regional and global teams, ensuring alignment with global risk appetite while upholding high standards across regions. The organisation is committed to fostering a supportive environment where your expertise will contribute directly to the success of the team. With flexible working opportunities and access to ongoing training, this position provides a platform for professional growth and development within a knowledgeable network of industry experts. If you are looking for a role where your input shapes key decisions and your career can flourish in a collaborative setting, this opportunity offers the perfect blend of challenge, support, and advancement. Join a highly collaborative Asia Market Risk Management Team where your input will shape key decisions on market risk monitoring for rates and credit products, allowing you to make a meaningful impact on the organisation’s overall risk profile. Benefit from flexible working opportunities and continuous training designed to support your career progression in a globally recognised financial institution that values knowledge sharing and professional development. Work closely with regional and global teams, contributing to international projects that enhance risk standards and efficiency across multiple markets while building strong connections within a diverse network of industry professionals. What you'll do: As Assistant Vice President Market Risk Management based in Hong Kong, you will play an integral role in safeguarding the organisation’s interests by overseeing market risks associated with rates and credit products. Your day-to-day activities will involve close collaboration with sales and trading teams, preparing detailed dashboards that track performance indicators, reviewing mandates, assessing exposures, escalating critical issues when necessary, measuring illiquid asset valuations, conducting issuer assessments for structured transactions, performing stress tests on portfolios, designing insightful reporting tools, supporting both local initiatives and international projects, and working across functions to drive collective success. Your ability to communicate complex data clearly will be essential in ensuring that senior management remains informed about emerging risks. By leveraging your quantitative skills and product knowledge, you will help maintain rigorous standards while contributing positively to a culture of teamwork. Success in this role requires not only technical proficiency but also adaptability, excellent interpersonal skills, attention to detail, prioritisation abilities under pressure, fluency in English (and ideally another Asian language), as well as a collaborative mindset that thrives within multicultural environments. Collaborate extensively with the Asia sales and trading team to manage and monitor market risk for rates and credit products throughout the region, ensuring risks are identified and addressed promptly through effective communication and teamwork. Review and prepare daily dashboards and reports, closely tracking portfolio performance and market triggers related to the Asia portfolio while proactively monitoring and challenging the portfolio risks and profit-and-loss drivers. Critically assess trading mandates as well as daily portfolio risks, concentration levels, and exposures to ensure compliance with internal standards while maintaining robust controls over all activities. Escalate major market events or distressed conditions promptly to senior management for timely attention and effective decision-making that safeguards organisational interests. Measure valuation of illiquid assets and calculate potential stress losses to maintain robust risk controls that protect against adverse market movements. Undertake comprehensive issuer risk assessments for structured transaction approvals, ensuring all relevant factors are considered before providing recommendations. Conduct regular and ad-hoc reviews of portfolios, including concentration risk assessments and stress tests to safeguard against adverse market movements by identifying vulnerabilities early. Design innovative risk dashboards and reports that facilitate effective monitoring of key metrics across portfolios, supporting informed decision-making at all levels of the organisation. Collaborate with Regional and Global Market Risk Management teams to ensure consistent application of global risk appetite policies and uphold high standards across all regions through shared best practices. Support local projects as well as international assignments led by local and global market risk management functions, contributing expertise to enhance overall risk management efficiency. What you bring: Your proven background in market risk management equips you perfectly for the responsibilities of Assistant Vice President Market Risk Management. You bring not only technical expertise but also a collaborative spirit that enhances team performance. Your deep understanding of rates and credit products enables you to identify nuanced risks quickly. Experience with capital adequacy frameworks ensures you can contribute meaningfully to regulatory compliance efforts. Advanced quantitative abilities allow you to design effective stress tests tailored for structured trades. Familiarity with AI-driven reporting tools means you can streamline processes while maintaining accuracy. Your communication style fosters clarity even when discussing intricate data points. Adaptability allows you to juggle priorities seamlessly while remaining attentive to detail. Interpersonal strengths make it easy for colleagues across regions to rely on your insights during joint projects. Fluency in English—and ideally another Asian language—enables you to connect effectively within multicultural environments. A minimum of five years’ solid experience in market risk management within financial services is required for this role; your background should demonstrate deep familiarity with industry best practices. Demonstrated strong product knowledge specifically relating to Rates and Credit products in Asia is mandatory for success in this position; you must be able to identify nuanced risks quickly. Proven experience in capital adequacy monitoring as well as Volcker rule compliance is highly desirable; these skills enable you to contribute meaningfully to regulatory compliance efforts. Extensive quantitative skills are needed along with a solid understanding of stress testing methodologies and expected shortfall measurement techniques - especially for structured trades; your analytical abilities should be second-to-none. Practical experience utilising AI tools for data analytics and enhanced risk monitoring is preferred; familiarity with modern technology platforms will streamline processes while maintaining accuracy. Exceptional communication skills are essential; you must be able to present complex data sets in a clear manner suitable for diverse audiences including senior stakeholders. Demonstrated ability to engage confidently and constructively with trading desks, provide independent challenge on risk positions, manage desk requests in a timely manner balancing commercial priorities with control standards is crucial. Flexibility in approach combined with excellent prioritisation abilities will enable you to manage multiple tasks effectively under pressure; adaptability is key in this fast-evolving environment. A collaborative mindset is crucial; you should thrive when working within teams locally or internationally—your interpersonal strengths make it easy for colleagues across regions to rely on your insights during joint projects. Excellent interpersonal skills are required; fluency in English is essential while proficiency in another Asian language would be advantageous. What sets this company apart: This organisation stands out as one of the world’s most respected financial institutions due to its unwavering commitment to putting people first—both clients and employees alike. With an inclusive culture that values new ideas from diverse backgrounds, employees benefit from an environment where their voices are heard and their actions truly matter. The company invests heavily in talent development through ongoing training opportunities designed around individual growth needs. Flexible working arrangements further support work-life balance so employees can thrive both professionally and personally. As part of a knowledgeable network spanning regional hubs worldwide, staff enjoy unparalleled exposure to international best practices while contributing directly toward shared goals. The company’s dedication to long-term relationships extends beyond business results—it encompasses community service initiatives aimed at fostering sustainable growth for society at large. Employees are viewed as key assets fundamental to organisational success; hiring decisions are made solely on merit without regard for race, religion or gender—ensuring equal opportunity for all who join this forward-thinking team. What's next: If you are ready to take the next step in your career journey within market risk management at an internationally renowned financial institution—where your expertise will be valued every day—this is your chance! Apply today by clicking on the link provided—your future starts here. Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.