Model Validation, Assistant Manager (Bank)

My client is seeking an analytic candidate with 1-3 years of experience for a Model Validation Assistant Manager position, driven by business expansion. Candidates with a background in Machine Learning or AI are highly encouraged to apply!

What You Will Be Offered:

• The opportunity to join a reputable bank with a strong presence in Asia.
• Exposure to various types of models, including market risk, IRRBB, and stress testing, with potential rotations within the department.
• A chance to develop your career along a quantitative and technical path.
• Collaboration with talented professionals from strong quantitative backgrounds.

Responsibilities:

• Validate various models, including financial product valuation, market risk, interest rate risk, and liquidity management, in accordance with regulatory requirements and internal guidelines.
• Identify model-related issues impacting risk management and compliance, communicate findings, and track follow-up actions to mitigate model risk.
• Support the implementation of model risk management policies and regularly review operational guidelines for qualitative and quantitative model validations.
• Conduct industry research to explore different validation approaches and stay updated on regulatory changes.

Requirements:

• Bachelor's degree in a relevant field.
• 1-4 years of work experience in Financial Services, including Risk Management, Risk Advisory, Valuation, or Risk Modeling.
• Candidates with a background in Machine Learning or AI are highly welcome.
• Strong knowledge of derivatives products.
• Proficiency in Bloomberg and programming languages such as Python and VBA.
• Excellent written and spoken English and Chinese.

Interested parties please click "apply now" or contact Winky Chung at 3896 2555 or w.chung@gravitasgroup.com for more details.