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Job ref no.: 495592 (CT3119747-01#3917)
Bank of China (Hong Kong) Limited

Model Validation Manager/Senior Manager

Bank of China (Hong Kong) Limited

Company Profile
Benefits
  • 5-day week
  • Birthday leave
  • Compassionate leave
  • Competitive pay
  • Dental plan
  • Discretionary bonus
  • Education subsidies
  • Extra maternity leave
  • Extra paternity leave
  • Family medical plan
  • Housing allowance
  • Insurance plan
  • Marriage leave
  • Medical plan
  • … + 8 more

Job No.: 495592
Employment Type: Full time
Departments: Risk Management Department
Job Functions: Risk Management

Responsibilities:

  • In accordance with regulatory requirements, carry on qualitative and quantitative validation of models (including stress testing frameworks) related to credit risk by assessing model logic, assumptions and technical approaches, evaluating model implementation and performance
  • Manage validation process including planning, executing project activities, monitoring milestones, controlling quality of deliverables, liaising with different internal or external parties, and defending fact-based validation results
  • Conduct research to experiment with different analytic ideas using varying technical approaches; track regulatory direction by frequently sorting through the latest regulatory documentation and closely follow best industry practice
  • Prepare reports and communicate to senior management, internal and external auditors, the board, regulators and other related stakeholders
  • Establish and review policies and procedural guidelines regularly
  • Provide assistance in project management, people management and perform individual contribution as well

Requirements:

  • Minimum Master Degree or above with major in Management Science (or Operations Research), Statistics, Finance, Computer Science, Economics, Engineering or equivalent analytic disciplines. An additional MBA is an advantage
  • At least a 5-year proven tracking record of effectively performing model-related activities such as development, implementation, application, validation or model risk management of varying models and stress testing in credit risk in financial institutions,business sectors, consultancy or regulatory bodies. A senior manager role can be considered, if more experience is involved
  • Minimum 2 years of project management and people management experience, demonstrating sufficient coordination skills, communication skills and leadership skills
  • Proficiency in technical tools such as SAS, R or VBA
  • Good understanding of regulatory requirements, such as CA-G-4, CA-G-5, etc.
  • Sophisticated analytic capability and business thinking
  • Self-motivated, willing to learn, detail-minded and with passion for analytic excellence
  • A team player with effective collaboration and interpersonal skills is a mandate
  • Excellent in both written and spoken English and Chinese

We offer competitive remuneration package and comprehensive fringe benefits including medical and life insurance, and different types of allowances to the right candidate. Interested parties, please submit your application online. For details, please visit our website http://www.bochk.com

To apply: https://careers.pageuppeople.com/798/cw/en/job/495592/model-validation-managersenior-manager-11232

Data collected would be used for recruitment purposes only. It might also be disclosed to our subsidiaries or Associated Companies to process the information for appointment. Applicants who do not hear from us within 8 weeks may consider their application unsuccessful and their data will be destroyed within 12 months of receipt.

More job information
Job ref no. 495592 (CT3119747-01#3917)
Salary
Job Function
Industry
Location
  • Central
Employment Term
  • Full-time
Experience
  • 5 years - 10 years
Career Level
  • Middle management level
Education
  • Master's degree