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WealthTech Innovation - Risk Management Specialist - AVP/VP

Huatai

About Huatai

Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities.

Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group's internationalization strategy by: a) not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland

China government’s policies and commercial intentions); b) actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland

China; c) integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.

Huatai International operates as a holding company for consolidating all of the group’s cross-border businesses and companies under one umbrella, offering a truly unified and international business platform.

In recognition of such international strength, the renowned international rating agency Standard and Poor’s has assigned Huatai International a “BBB+” rating (for long term) and “A-2” (for short-term).

Responsibilities

  • Objectives Establish business risk management capabilities for a new WealthTech platform serving EAMs, family offices and Type 1/9 licensed firms.
  • Build practical risk assessment, limit monitoring, escalation and reporting processes across products, counterparties and operations.
  • Work within company risk appetite and independent Risk Management oversight; this role does not replace independent risk approval.
  • Key Responsibilities Risk framework and governance.
  • Build the business risk register, risk assessment methodology, key risk indicators, limit proposals, exception procedures and incident escalation framework.
  • Define control ownership with Trading, Operations, Product, Technology and independent Risk Management.
  • Client and counterparty risk.
  • Assess business exposure to EAMs, underlying clients, issuers, brokers, custodians and settlement counterparties.
  • Distinguish agency execution from principal, financing or margin exposures; propose credit, concentration and settlement controls appropriate to the approved business model.
  • Product and market risk.
  • Assess equities, bonds, funds, ETFs, FX and derivatives, including structured notes such as FCNs, DCNs and accumulators.
  • Identify issuer credit, liquidity, leverage, barrier, valuation and concentration risks; develop stress scenarios and risk reporting.
  • Greeks, mark-to-market and hedging exposures where the platform carries principal risk.
  • Margin financing risk.
  • Assess client creditworthiness and repayment capacity; recommend credit limits and conduct periodic credit reviews within delegated authority.
  • Establish and review eligible collateral, lending ratios, haircuts and concentration limits, considering liquidity, volatility and connected-client exposures.
  • Monitor account equity, loan-to-value ratios, margin shortfalls and overdue balances daily and intraday where appropriate.
  • Define margin-call triggers, deadlines, escalation and forced-liquidation procedures under approved policies; coordinate execution with Trading and Operations and escalate exceptions to independent Risk Management.
  • Stress-test collateral under price shocks, trading suspensions and liquidity deterioration, and assess potential shortfalls and funding needs.
  • Limits and daily monitoring.
  • Implement exposure aggregation, limit utilisation, collateral and margin monitoring where applicable, and warning/breach escalation.
  • Review valuation discrepancies, settlement failures and liquidity or cash shortfalls with relevant teams; track remediation and maintain auditable records.
  • Operational and platform risk.
  • Conduct risk assessments of new products, workflows, outsourcing and system changes.
  • Define maker-checker controls, reconciliation, access and business continuity requirements with control owners.
  • Translate risk rules into platform specifications, dashboards and UAT cases.
  • Reporting and improvement.
  • Produce management risk reports and stress-test results; investigate incidents and near misses, identify root causes and track corrective actions.
  • Coordinate with independent Risk Management on methodology, approvals and material risk decisions.
  • Ability to explain quantitative findings and escalate independently. · Fluent written and spoken English and Chinese; Mandarin and Cantonese capabilities preferred.

Requirements

  • JOB SPECIFICATION · Bachelor degree in Finance, Risk Management, Mathematics, Statistics or a related discipline. · Minimum 3 years of risk management experience within a securities firm, bank or wealth management business, with practical exposure to securities margin financing and derivatives or structured products. · Experience establishing risk policies, limit frameworks, monitoring processes or risk systems for a new business is highly desirable.

Preferred

  • EAM or institutional wealth platform experience preferred. · Strong understanding of margin credit assessment, collateral valuation, lending ratios and haircuts, concentration controls, margin calls and liquidation procedures, alongside structured product, market, liquidity and counterparty risks.
  • FRM or CFA qualification preferred. · Strong Excel and data analysis skills; SQL or Python and experience building risk dashboards or automated controls preferred.