Deputy Manager to Manager, Model Validation, RMD

Job Responsibilities

• Validate new/existing credit risk models for both retail and non-retail portfolio from both qualitative and quantitative aspects according to regulatory requirements/accounting standards
• Document the findings in model validation exercises with recommendations, and communicate the results with both senior management and other stakeholders
• Liaise with internal auditors, external auditors, HKMA and other regulatory bodies
• Maintain an effective model validation framework comprising model validation policies and procedural guidelines

Job Requirements

• Postgraduate degree or above with major in statistics, Mathematics, risk management, quantitative finance, financial mathematics, management science or equivalent discipline
• At least 4 years of working experience in credit risk analytics area from a commercial bank or a global consulting firm
• Knowledge in VBA, SQL, R is a plus
• Knowledge of both local and international regulatory requirements on model validation and capital accord
• Knowledge of various quantitative methods, and are able to explain clearly to non-technical audiences
• Strong written and oral communication for both technical and non-technical discussion in Chinese (including Putonghua) and English
• Candidate with less experience may be considered for an Assistant Manager position.