AVP/VP, Model Risk Management and Validation, Risk Management

The Role AVP/VP, Model Risk Management and Model Validation, RMD Key Accountabilities Assist in formulating, reviewing and improving model risk management/ model validation policy and procedure. Liaison with LOD1 on controls around model development, implementation, model use and ongoing monitoring. Responsible for model validation and testing, with coverage in risk models, valuation models, and algorithmic trading models. Coordinate with head office, risk control teams, finance and business uni

BOC International - Hong Kong - Full time

Salary: Not Specified

The Role

AVP/VP, Model Risk Management and Model Validation, RMD

Key Accountabilities

  • Assist in formulating, reviewing and improving model risk management/ model validation policy and procedure.
  • Liaison with LOD1 on controls around model development, implementation, model use and ongoing monitoring.
  • Responsible for model validation and testing, with coverage in risk models, valuation models, and algorithmic trading models.
  • Coordinate with head office, risk control teams, finance and business units for risk modelling, including model update, maintenance, and workflow automation.
  • Partner with IT/Business Operation on data quality, completeness, and logistics checking and rectification to ensure accurate model results and risk reporting.
  • Monitor and analyze emerging trends in model risk management/valuation methodologies, regulatory developments, and industry best practices.
  • Support regulatory engagement and external audit processes.

Skills & Experience

  • Bachelors or Master's degree in financial engineering, quantitative risk management, or other STEM disciplines.
  • Over 5 years of experience in risk management, valuation control, model validation, and quantitative analytics related business functions within a bank, consulting firm or other financial institutions.
  • Excellent analytical, quantitative and problem-solving skills.
  • Strong knowledge of derivatives pricing theory including both vanilla and exotic derivatives.
  • Proficiency in Excel VBA and Python is essential; experience with C/C++, Java, or other programming languages is a plus.
  • Excellent communication and writing skills in both Chinese (including Putonghua) and English.
  • FRM (Financial Risk Manager) certification is preferred.
  • Experiences with Algo Trading is advantageous.

Other Information

  • Please apply in strict confidence with full resume, academic record, current and expected salaries.
  • The personal data provided will be used for consideration of recruitment only. All personal data of unsuccessful candidate will be destroyed within 24 months.
  • Candidates with Enhanced Competency Framework (ECF): please state on the CV.

About BOCI

As a leading investment bank in China and Hong Kong region, the investment banking arm of Bank of China, BOC International Holdings Limited (“BOCI”), is now seeking highly motivated, creative and success-oriented professional who would like to pursue the career in our group.



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