DefaultRisk.com the web's biggest credit risk modeling resource.
DefaultRisk.com the web's biggest credit risk modeling resource. | |
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Under this sector, you'll find listed all of our risk management jobs in investment banks, asset managers, hedge funds and other financial services firms. As we've all learned from the recent financial crisis, financial services can be a very risky industry. If risk management professionals are not available to stem employees' desire to push boundaries for bigger profits, whole banks can go bankrupt.
Professionals who work in risk deal with technology, operations, audit, compliance and other control functions within a bank or financial organization. Risk management jobs are usually split into different areas, though the most common are market risk, credit risk and operational risk.
Market risk is the risk that a whole portfolio of traded financial products (for example, stocks, bonds or commodities) drops in value at the same time because of outside, sometimes unpredictable events, like rising oil prices or terrorist bombs. Four standard market risk factors used are stock prices, interest rates, foreign exchange rates and commodity prices.
Market risk professionals aim to price and model risk across a variety of asset classes, such as derivatives (forwards, futures, options, swaps). They should communicate clearly with traders and supply the front office with clear risk assessments.
Credit risk is the risk of loss of principal if a borrower fails to pay back a loan. A job in credit risk requires mitigating this risk by creating credit proposals and credit reviews, which show the business independent judgments about the financial backgrounds of potential and existing borrowers.
Credit risk positions require working with the lending team to check that credit proposals or extensions meet with approval or are declined in agreement with the firm's own credit policies and local regulations. Many lenders have their own credit scorecards and list prospective and current customers according to risk. A variety of factors are examined, including operating experience, management expertise, asset quality and leverage and liquidity ratios.
Operational risk is the risk that a bank will suffer damage or losses from internal factors or problems like a systems breakdown or financial wrongdoing. A job in operational risk involves devising front-to-back reviews of business processes which are then reported to business managers.
Positions in operational risk necessitate creating risk self assessments of business units, spreading information about the firm's risk policies and finding and reporting any change in risk. They also meet with internal audit, external audit and regulators.
Many risk professionals have qualifications developed to advance their understanding, job opportunities, professional reputation and salary. As an example, the Financial Risk Manager (FRM) designation from the Global Association of Risk Professionals is awarded to those who have at least two years' work experience in financial risk management and successfully pass two examinations.
The Professional Risk Managers' International Association (PRM) is awarded to financial risk managers who successfully pass four exams on subjects including financial theory, financial instruments and markets and mathematical foundations of risk measurement.
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| CREDIT APPROVAL MANAGER – MNCs & LARGE CORPORATES | Hays Banking Hong Kong Competitive Salary | Hong Kong SAR | 21 May 12 |
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CREDIT APPROVAL FOR GLOBAL CORPORATIONS
| CREDIT RISK SPECIALIST – CORPORATE AND/OR FI (5 years exp.) | Hays Banking Hong Kong HKD$50-75K plus bonus | Hong Kong SAR | 21 May 12 |
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CORPORATE AND FI COUNTERPARTY CREDIT RISK
| CREDIT RISK ANALYST – BLUE CHIPS/RED CHIPS | Hays Banking Hong Kong Competitive | Hong Kong SAR | 21 May 12 |
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CREDIT ANALYSIS IN CREDIT RISK MANAGEMENT DEPARTMENT
| AVP Operational Risk Management, Top Tier Global Investment Bank, 40-60k | Robert Half Hong Kong 40K - 60K | Hong Kong SAR | 21 May 12 |
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A fantastic opportunity for a driven individual to join one of the fastest growing investment banks in the reg...
| Business Risk Manager – Director level – Wealth Management | Barclay Simpson Excellent for the right candidate | Hong Kong SAR | 21 May 12 |
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My client, a leading global financial institution, is looking for an experienced Business Risk Manager to join...
| Country Head of Risk Management – Life Insurance | ALS International Competitive | Hong Kong SAR | 21 May 12 |
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Our client is a global insurance company with a strong footprint across Asia. With Hong Kong being one of the...
| Regional Shared Services Vendor Manager | AXA China Region Insurance Co Ltd Competitive | Hong Kong SAR | 21 May 12 |
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AXA Asia, which is part of the AXA Group, started operating in Asia in 1986. Since then, it has grown rapidly ...
| Manager, Financial Risk Management - Ref HKR776 | KPMG (China and Hong Kong SAR) Competitve Package | Hong Kong SAR | 21 May 12 |
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KPMG is a global network of professional firms providing audit, tax, and advisory services, with an industry f...
| Prime Brokerage Risk Manager | VP-Director | Hong Kong | Selby Jennings Singapore (Licence No. 11S3033) Highly Competitive + Attractive Bonus | Hong Kong SAR | 21 May 12 |
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World's renowned Global Bank with Global Presence is seeking experienced Risk Manager to join their growing Pr...
| KYC Manager/Project Manager | JPMorgan Chase not disclosed | Hong Kong SAR | 19 May 12 |
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See job description below
| IB Operations - Risk & Control - Business Resiliency Manager - Vice President - Asia | JPMorgan Chase not disclosed | Hong Kong SAR | 19 May 12 |
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See job description below
| Hong Kong - Senior Manager - Compliance, HKMA | Macquarie Information not provided | Hong Kong SAR | 19 May 12 |
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This role requires a highly experienced senior manager with solid experience communicating with HKMA regulator...
| Head of Risk Management: Insurance | Morgan McKinley NA | Hong Kong SAR | 19 May 12 |
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Our client is a large insurance company. Due to their growing needs, they are trying to recruit a high calibre...
| SVP/Dir - Regulatory Risk & Control | Morgan McKinley NA | Hong Kong SAR | 19 May 12 |
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The Regulatory Risk and Control team provides independent oversight and assurance over the controls employed b...
| Snr Market Risk Analyst - FX | ConnectedGroup Limited Competitive | Hong Kong SAR | 19 May 12 |
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Newly created position***Exposure to work with Global Market Risk team***Great Autonomy***Workign closely with...
| Operational Risk, Associate, Investment Bank | Robert Half Hong Kong 40K - 50K | Hong Kong SAR | 19 May 12 |
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Our client is a large and well respected investment bank.
| Risk - Control Room (AVP) | Deutsche Bank not disclosed | Hong Kong SAR | 18 May 12 |
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Part of the Compliance Operations function which provides operational services and change management capabilit...
| Finance HK, Asia Corporate Treasury, Capital & Risk Management, Senior Manager | Morgan Stanley not disclosed | Hong Kong SAR | 18 May 12 |
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See job description below
| Hong Kong - Associate Director, AML/CTF Compliance - Regional Role | Macquarie Information not provided | Hong Kong SAR | 18 May 12 |
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We are currently seeking a highly experienced, regional director level candidate in Anti-Money Laundering to m...
| Senior Level Risk Specialist Required for Hong Kong Based Prime Brokerage Risk Team - - SAR | Selby Jennings Risk Team Excellent Base Salary + Front Office bon... | Hong Kong SAR | 18 May 12 |
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• Front office Prime Brokerage Risk Manager • Excellent Base Salary + Front Office bonus with market leading ...
| Senior Manager - Investigations (MNC/ Financial Services) - Hong Kong | Confero Highly competitive base salary plus bonu... | Hong Kong SAR | 18 May 12 |
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The position focuses on forensic accounting and investigations relating to allegations of employee misconduct,...
| Deputy Head of Risk Management, Investment Bank, Stationed in Hong Kong | i-Contact Asia Ltd Competitive | Hong Kong SAR | 18 May 12 |
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An investment bank is looking for Deputy Head of Risk Management to be responsible for managing and monitoring...
| Senior/Credit Risk Analyst | Randstad Hong Kong Attractive Compensation | Hong Kong SAR | 18 May 12 |
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Our client is an International bank; they are looking for a Senior/Credit Risk Analyst in their Corporate and ...
| VP, Internal Audit, Regional Coverage | Ambition Hong Kong Attractive Base Salary + Bonuses | Hong Kong SAR | 18 May 12 |
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A well-respected Audit function is seeking a high-calibre Audit Professional to join the Asia Regional Team..........
| Recruitment Consultant/Senior Consultant - Banking & FS | Ambition Hong Kong Excellent base and commission structure | Hong Kong SAR | 18 May 12 |
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Rare opportunity for a high calibre individual to take on a lucrative and well-established desk within a leadi...
| Transaction Processing And Controls Manager | Ambition Hong Kong Competitive package | Hong Kong SAR | 18 May 12 |
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Join a leading International Investment Bank in a critical role to pro-actively manage and monitor the key con...
| SENIOR CREDIT ANALYST | SLOANE MANHATTAN Competitive Remuneration Package | Hong Kong SAR | 18 May 12 |
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A leading International Bank invites experienced Credit Manager to join the Bank. The incumbent conducts cred...
| Officer, AML Compliance Analyst, Legal Compliance and Regulatory Relations | Bank of America Merrill Lynch Competitive | Hong Kong SAR | 18 May 12 |
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OverviewBank of America is one of the world's largest financial institutions, serving individual consumers, sm...
| Vice President, Operational Risk, Investment Bank | Profile Search & Selection Attractive Benefits Package | Hong Kong SAR | 18 May 12 |
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Our client is a leading global investment bank which is looking to upgrade it's regional operational risk plat...
| Head, Market Risk, Asset Management | Profile Search & Selection Attractive Benefits Package | Hong Kong SAR | 18 May 12 |
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Our client is a Global Asset Management firm with significant coverage across the Asia Pacific market. An exci...
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