Director, Head of RQA

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

We are seeking an experienced Head of Risk and Quantitative Analysis (RQA) to lead the development and implementation of our risk management framework, ensuring alignment with both regulatory requirements and international best practices. This role requires close collaboration with joint venture stakeholders, proactive risk oversight, and the adaptation of global methodologies to local business needs. The ideal candidate will drive continuous improvement in risk analytics, governance, reporting as well as business engagements to support the company’s strategic growth.  

Key Responsibilities:

• Lead WMC’sinvestment risk management, corporate risk management effort, and credit/counterparty risk management
• Partner with CIOs and portfolio managers to ensure that investment risks are fully understood and consistent with our client's objectives and risk constraints
• Work closely with function leaders of WMC, including Operations, Legal, Compliance, and Audit, to ensure key controls are consistent with firm policies and standards
• Build and maintain relationships with stakeholders to provide an independent and value-added perspective into business and portfolio management activities
• Represent RQA on various WMC committees
• Communicate and collaborate with prospective and existing clients to articulate the firm's risk management philosophy and approach
• Serve as WMC RQA's key point of contact with regulators

Skills and Qualifications:

• Master or PhD in Finance, Mathematics, Economics, or related quantitative fields. CFA/FRM/ GARP/ PRMIA certification is preferred.  
• 10+ years of experience in risk management at a top international financial institution, experience of China onshore markets esp. wealth management company is preferred.
• Familiar with credit instruments in China onshore market (both standard and non-standard assets)
• Deep, focused experience in investment risk across multiple asset classes and products (e.g., Fixed Income, Equities, Multi Asset or Alternatives) will be viewed favorably
• Experience interacting directly with Chinese regulators including NFRA, CSRC, AMAC is positive for the role.
• Broad experience across multiple risk disciplines is preferred (i.e., investment, operational, regulatory and counterparty risk)
• Strong quantitative background and/or an advanced degree in a quantitative field of study is a plus
• Fluency in written and spoken English and Chinese

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.