Independent Validation Section of the Risk Management Division

Risk Manager (Independent Validation Section) (Job ID: 2093)

Responsibilities

• To assist in the design of the validation framework and methodology in compliance with the requirements from the regulators
• To independently validate internal rating models for various types of exposures developed by Model Development team and conduct review on stress testing
• To independently perform review and validation on the risk data aggregation capabilities and risk reporting practice of the Bank Group to ensure full compliance with the principles stated in Basel 239 and the group risk management policies.
• To compile independent validation report for submission to the relevant committees for review and endorsement
• To keep abreast of the regulatory requirements and market best practice on internal rating models and ensure compliance thereof

Requirements

• University graduate in Statistics, Quantitative Analysis, Computer Science, Risk Management, with related professional qualification
• Minimum of 5 years’ relevant and practical experience in banking industry or financial institution
• Good understanding of regulatory requirements/ bank policies related to risk management
• Solid experience on risk model validation and development
• Good knowledge of quantitative analysis techniques, SAS or other statistical tools
• Knowledge of risk management process and data management
• Excellent report writing and data analytical skills
• Strong communication, interpersonal and presentation skills
• Mature, able to work independently under pressure and cooperate well with teammates.

(Candidate with 8 years’ relevant working experience will be considered for the position of Senior Risk Manager)

Please apply online via the BEA Careers website at https://careers.hkbea.com/psp/hcmprd/EMPLOYEE/HRMS/c/HRS_HRAM.HRS_APP_SCHJOB.GBL?Page=HRS_APP_JBPST&Action=UFOCUS=Applicant&SiteId=1&JobOpeningId=2093&PostingSeq=1 or by clicking the "Apply Now" button below. Kindly note that if you are a new user, you have to first create your User Profile before you can apply.

Personal data provided by job applicants will be used for recruitment purposes only and will be treated in accordance with the Bank's Personal Data Policy, which is available upon request. Applicants who are not invited for interviews within six weeks may consider their applications unsuccessful and the personal data collected will be destroyed after six months.