He joins from UBS, where he was a managing director and co-head of the structured products group for Asia-Pacific, and was responsible for designing and trading structured products. He has also worked at Morgan Stanley and Goldman Sachs, where he started his career as a quant in exotic derivatives.
BarCap says it has created the new position to enhance its risk management solutions in Asia. "We have seen a significant increase in market volatility recently and a lot of risk managers in Asia have taken the opportunity to rebalance their risk portfolios," says Patrick Kwan, head of derivatives and financing solutions for Asia-Pacific. "This has led to an increasing demand for custom-made risk management solutions."
Wong, who will be based in the bank's Hong Kong office, will report to Kwan.
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