Role

The role is for an Operational Risk Manager of Asia based in HK, reporting locally into the Head of Asia Risk and functionally into Global Head of Operational Risk. The manager is responsible for identifying, assessing, and mitigating operational risks across divisions. This includes managing risks related to algo processes, trading systems, people, and external events. These initiatives involve close collaboration with trading desks, operations, compliance, and technology teams to ensure robust risk controls and governance.

To succeed in the role, the candidate must serve as a strategic partner to Trading and COO, overseeing the operational, governance, and strategic execution of risk management initiatives across the bank. He/she must ensure that risk frameworks, regulatory obligations, and business processes are aligned and effectively managed. He/she must be driven, independent, rational and a sharp decision-maker who can deliver under time and pressure. The candidate will be working closely with Market Risk, Credit Risk teams in Asia, London and NY. 

Key Responsibilities

• Review and challenge of operational risk events originating in Asia, including understanding the event’s root cause and required control enhancements.
• Assistance in driving forward the RCSA process in Asia, working with all businesses to identify and document their key risks and controls.
• Review of operational risk metrics, e.g key risk indicators for the Asia businesses.
• Stand by as Asia secondary resources for reporting operational risk matters, but not limiting to events like facilitation of errors performed by cash equities and programmed/algo trading teams as well as incidents of traders’ mandate breaches.
• Provide operational risk investigative analysis and independent reports into centralised database so that senior managers can review periodic risk control processes for FO.
• Work alongside the global Operational Risk team on any global initiatives that pertain to Asia, eg. deep dive of certain control processes.
• Assist the Global Vendor Management team (falls within Operational Risk) on any initiatives pertaining to critical vendors based in the region.

Skills

The following skills and work experiences are required for this role:

• Ability to engage, influence and obtain support from a broad range of stakeholders including traders and senior management.
• High level of awareness of market standards for risk control and market regulations.
• Good understanding of electronic trading and control is a bonus. 
• Possess good investigative and inquisitive skills to report on errors.
• Excellent oral and written communication, planning, project management, networking and influencing, team coordination and stakeholder management skills.
• Highly motivated individual with ability to work under challenging time pressures.

Experience and Qualifications

• Master’s degree level ideally in Finance, Accounting or a related field.
• 10 years or more experience in operational risk management or audits in banks 
• Relevant understanding of businesses in equities cash trading and electronic/algo trading. 
• Relevant professional qualification in FRM or CFA is an advantage.

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.