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Group Risk Management

Updated: 27 Jun 2018
Head : Mr Roland Chai

Enterprise Risk Management

Enterprise Risk Management is responsible for the development, implementation and maintenance of the HKEX Group enterprise risk management framework, policy and standards and also ensures the alignment, integration and consistency of risk management across HKEX Group companies.

Group Credit & Quantitative Analysis

The Group Credit & Quantitative Analysis Department consists of three teams:

  1. The Group Credit Risk Management team is responsible for the monitoring of all credit risks faced by the Group.  The scope of work includes, but is not limited to, the development and implementation of credit scoring models to rate HKEX members, investment counterparties and related sovereigns, and subsequently conducts credit risk assessment on these entities to ensure policy standards are met.  The team also ensures credit procedures and policy are regularly assessed and updated to reflect applicable risk appetite statements, regulatory requirements and the direction of the Risk Committee.

  2. The Group Quantitative Risk Model Development team is responsible for evaluating and modelling risk exposure to HKEX’s clearing houses.  The team also develops tools using advanced financing engineering techniques for data cleaning, product pricing, margining, model calibration, and back-testing for equity and derivative products.

  3. The Risk Policy, Systems & Strategy team is responsible for leading efforts across HKEX Central Clearing Counterparties (CCPs) in new risk management initiatives such as policy alignment reviews, risk reporting implementation and other clearing risk management related projects.  This includes, but is not limited to, identifying areas where efficiencies and improvements of existing risk management policies and/or systems, including capital & collateral savings for clearing members and market participants.

Information Security & Business Continuity

Information Security & Business Continuity is responsible for data privacy and for HKEX’s information security strategy, policy and awareness. It is also responsible for developing, implementing and supporting HKEX Market Contingency planning, policies, procedures and activities across the organisation.