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.
Show more » « Show less
| MSCI - Risk Management Analytics Client Service (Shanghai) | MSCI Inc. Negotiable | China-Shanghai | 24 May 12 |
|---|
MSCI is looking for talents from quantitative finance background to join our Asia Pacific Client Coverage orga...
| Unit Operational Risk Manager | Standard Chartered Bank NA | China-Shanghai | 24 May 12 |
|---|
.
| Change Management | Hays SH 500000 | China-Shanghai | 24 May 12 |
|---|
* New Opening * Project Management * Exposures to Middle & Back office functions
| Senior Trade Finance Originator, Team Head, Beijing | Selby Jennings Structuring Highly competitive + Bonus | China-Beijing | 23 May 12 |
|---|
A top global investment bank is looking to add a head of trade finance to their market leading platform in Bei...
| Senior Credit Approver for large corporations | Hays RMB ¥300000.00 - RMB ¥700000.00 per annu... | China-Guangzhou | 23 May 12 |
|---|
.
| Chief Internal Auditor | Global Associates Competitive | China-Chongqing | 23 May 12 |
|---|
To cope with the China development, a foreign banking financial group is looking for a qualified leader to tak...
| Market Risk Management Senior Manager | ICBC Competitive | China-Beijing | 23 May 12 |
|---|
ICBC head quarter is looking for Market Risk Management Senior Manager with at least 8 years of experience in...
| Quantitative Validation | ICBC Competitive | China-Beijing | 23 May 12 |
|---|
ICBC head quarter is looking for Quantitative Validation with strong background in statistical analysis, comp...
| Credit Risk Quantification Management | ICBC Competitive | China-Beijing | 23 May 12 |
|---|
ICBC head quarter is looking for Credit Risk Quantification Management.
| Country Risk Analyst | ICBC Competitive | China-Beijing | 23 May 12 |
|---|
ICBC head quarter is looking for Country Risk Analyst with strong background in country risk analysis.
| Process and Quality Management Specialist | Michael Page International Attractive Package | China-Beijing | 22 May 12 |
|---|
The role will work within the team to improve the service process for the company.
| VP - Project and Infrastructure Finance Credit Analysis | Hays - Beijing Very attractive rewards | China-Beijing | 21 May 12 |
|---|
One of the top Interantional rating firms is seeking a highly competent credit expert to join it's China opera...
| Manager / Senior Manager, Financial Risk Management, Beijing / Shanghai - Ref CNR692 | KPMG (China and Hong Kong SAR) Competitive Package | China-Shanghai | 21 May 12 |
|---|
KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 150 c...
| Senior Forensic Manager (Beijing & Shanghai) | KPMG China Competitive Package | China-Shanghai | 21 May 12 |
|---|
KPMG is recognised as one of China and Hong Kong SAR's leading professional services firms with nearly 140,000...
| Internal Auditor | Career International Shanghai Open | China-Shanghai | 15 May 12 |
|---|
Report to China Head of Internal Auditor & Asian Head of Internal Auditor Primary Location: Shanghai
| Director, Financial Risk Management | 7 Fifty Two Solutions (Licence no. J193702G) Negotiable based on experience | China-Shanghai | 11 May 12 |
|---|
Director, Risk Management, Basel II, credit risk, market risk, operational risk, liquidity risk, risk modellin...
| Chief Risk Officer, China (base in Shanghai) | Talent2 (Shanghai) competitive | China-Shanghai | 11 May 12 |
|---|
The foreign bank is looking for Chief Risk Officer China role in Shanghai.
| Financial Risk Senior Manager | Kelly Services Hong Kong Negotiable | China-Shenzhen | 09 May 12 |
|---|
Our client has opened an excellent opportunity for a Financial Risk Expert to head and lead a specialised team...