About this role

About BlackRock CCB Wealth Management Limited

BlackRock’s purpose is to help more and more people experience financial well-being and the firm has a long history of investing in and serving investors in China. BlackRock aspires to become the leading global asset management firm operating in China and is committed to contributing to the long-term development of the local asset management industry. BlackRock CCB Wealth Management Limited (China WMC) – a Shanghai-based joint venture between BlackRock, China Construction Bank and Temasek – aims to deliver investment excellence by offering customer-centric, diversified and innovative wealth management products and solutions to help Chinese people secure a better financial future and retire with dignity. 

Role Description

This role will be responsible for overseeing the credit risk profile of the fixed income and multi-asset products from both instrument and portfolio perspective to drive better risk adjusted return for our investors.

Responsibilities

Conduct credit risk assessment for credit instruments including bond, ABS, structured products, as well as consumer loan assets;Establish a credit risk management framework for various credit instruments, including the governance, policy/procedure, threshold setting, risk monitoring and reporting;Manage the deal approval process of non-standard assets, partnering with portfolio managers to oversee the credit risk throughout the instruments’ lifecycle;Support the assessment of new instrument from a credit risk management perspective;Conduct regular reviews on credit risk management methodologies and strategies.

Qualifications

At least 5 years working experience on credit risk management at reputable financial institutions;Familiar with credit instruments in China onshore market (both standard and non-standard assets);Good understanding of regulatory requirements related to credit risk (especially concerning non-standard assets);Proficient knowledge of expected credit loss and the impairment loss model/methodology;Hands on experience in consumer loan asset investment or risk management is a plus;Ability to manage multiple priorities and meet deadlines;Willingness to learn and evolve with the business growth.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.