Traded Risk Analytics Manager (1 year contract)

We are currently seeking a high calibre professional to join our team as a Traded Risk Analytics Manager  (1 year contact).

In this role you will: 

• Analyze and interpret regulatory requirements and internal policies related to model risk management, particularly for Traded Risk models.
• Collaborate with model owners to ensure compliance with model governance policies throughout the model lifecycle.
• Maintain and update the model inventory, ensuring accuracy and completeness of model records for Asia and Middle East.
• Prepare formal documentation, including procedures, meeting packs, and regular model governance reports for senior management, and organize model governance committees.
• Understand both regulatory and business requirements and propose fit-for-purpose models.
• Demonstrate a good understanding of traded risk model features, assumptions, and limitations.
• Monitor and manage model risk issues, remediation plans, and policy dispensations.
• Clearly articulate our modeling approach to internal and external stakeholders (including regulators), using non-technical language when required.
• Assist in the ongoing application of models within a business-as-usual risk management framework.
• Work with a degree of autonomy, handling complex technical information while providing sound judgment and clear direction.

To be successful you will need: 

• Minimum of 3-5 years’ experience in the financial industry involving quantitative finance and/or risk modelling.
• Experience working with Traded Risk models and understanding their development and validation processes is highly desirable.
• M.Sc./Bachelor holder in Quantitative Finance/Physics/Mathematics or related disciplines.
• Sound understanding of financial mathematics, mathematical analysis, statistics and linear algebra.
• Sound understanding of risk measures.
• Knowledge of derivative products and their pricing.
• Familiarity with regulatory requirements related to model risk management (e.g., SR 11-7, SS1/23).
• Good knowledge of Python programming language. Other programming skills are a plus.
• Open personality and effective written and oral communication skills in English.

Issued by The Hongkong and Shanghai Banking Corporation Limited. 

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