Global Trading Client – VP recruitment

PRIMARY RESPONSIBILITIES

• Provide forward-looking oversight of counterparty and portfolio risks and prepare presentations as required

• Preparation of impact analysis of critical risk events leading to proactive recommendations for limit and term amendments

• Responsible for ensuring AML/KYC and other regulatory requirements are fulfilled for specified trading-only clients

• Assist in the risk identification process thereby helping manage the credit quality of the overall portfolio

• Improve efficiency and productivity through enhancement of automated processes

• Serve as a key reference point to assist relationship managers, salespersons, traders and Trading Credit Risk (Middle Office) in the development of business cases and strategies in accordance with policy and procedures.  These strategies are the crucial element used to obtain limits, generate revenues and assist in overall risk management

• Partner with business units to develop transaction solutions (including structure, amount and term) that provide recommendations supporting business requirements whilst maintaining an appropriate balance between risk and return

• Help manage expectations of relationship managers, salespersons, traders and other interested parties, on the credit appetite of RBC on potential and current relationships

• For new transactions and initiatives on assigned counterparties, work on the preparation of transaction requests and strategies that document business requirements.  In addition, assist in arranging for the necessary and appropriate legal documentation including ISDA, GSMA, guarantees

• Proactively identify operational risks/ control deficiencies in the business

• Review and comply with Firm Policies applicable to your business activities

• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly.  Failure to do so may subject you to disciplinary action, up to and including termination

EDUCATION /OR EXPERIENCE

Required:

• University degree with focus in Business or Economics

• Previous proven relevant financial institution experience

Preferred:

• MBA, MA (Economics)

• CFA or Accounting designation (CA, CGA, CMA)

• Work experience in a Back Office or Middle Office considered an asset

• Exceptional financial analysis, research and problem solving skills

• Solid understanding of inter-relationships between global and local economic trends and financial institution risk profiles

• Expert knowledge of the C.A.M.E.L approach to credit risk assessment and develop a strong understanding of RBC processes, standing orders and credit policies

• In-depth knowledge of trading product including derivatives and securities finance and working knowledge of non-trading product offerings supporting cash management, operations and trade

• Advanced data and computer management skills including proficiency with Excel, PowerPoint and Word

COMPETENCIES

• Ability to multi-task and re-prioritise

• Perform under pressure and meet tight time demands sometimes for extended periods of time

• Good communication skills in English and Mandarin and or Cantonese

• Strong team player

• Well developed interpersonal skills

• Highly professional

• Self-motivated, tenacious and adaptable