Analyst/Senior Analyst/Manager, Quantitative Analysis

Bank of Communications Hong Kong Branch; Hong Kong; On-site; HKD 700,000 - 1,200,000; Full time

Job summary

Bank of Communications Hong Kong Branch is seeking an Analyst/Senior Analyst/Manager in Quantitative Analysis to lead market risk and counterparty risk measurement initiatives. You will maintain and validate valuation models and contribute to Basel III capital charge calculations across market risk, counterparty risk, CVA, and operational risk.

The role requires a solid quantitative foundation with experience in bonds/derivatives valuation (DCF, Black-Scholes, Binomial Tree, Hull-White) and

Qualifications

• Bachelor's or Master's degree in Statistics, Mathematics, Quantitative Finance, Financial Engineering, or a closely related quantitative field.
• Familiar with valuation methodologies of bonds and derivatives, including DCF, Black-Scholes, Binomial Tree, Hull-White, etc.
• Certifications such as FRM or CFA are highly desirable.
• Experience validating or implementing market risk and counterparty risk models, and RWA calculation and stress testing is a plus.

Responsibilities

• Responsible for market risk and counterparty risk measurement tasks, including valuation model maintenance and validation.
• Handle Basel III capital charge calculations, covering market risk, counterparty risk, CVA risk, and operational risk.
• Proficiency in programming and data analysis tools such as Python and VBA; data manipulation experience required.
• Demonstrate strong self-directed learning ability and stay updated on regulatory requirements and industry trends.

Skills

Python

VBA

data analysis

self-directed learning

Education

Bachelor's or Master's in Statistics/Mathematics/Quantitative Finance/Financial Engineering

Tools

Python

VBA

Job description

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Analyst/Senior Analyst/Manager, Quantitative Analysis

Responsible for market risk and counterparty risk measurement tasks: including valuation model maintenance and validation; as well as implementationand validation of counterparty risk measurement models.

Responsible for Basel III capital charge calculations, coveringmarket risk, counterparty credit risk, CVA risk, and operational risk.

Educational Background: Bachelor's or Master's degree in Statistics, Mathematics, Quantitative Finance, Financial Engineering, or a closely related quantitative field.

Quantitative Foundation: Familiar with valuation methodologies of bonds and derivatives, including linear products and options, such as Discounted Cash Flow (DCF), Black-Scholes, Binomial Tree Model, Hull-White, etc.

Market Risk & Counterparty Risk Related Experience (Highly Preferred): Experience in validating or implementing market risk and counterparty risk measurement models, as well as RWA calculation and stress testing models, is considered a significant advantage.

Technical Skills: Proficiency in programming and data analysis tools such as Python, VBA, etc. Familiarity with data manipulation is required.

Self-Directed Learning & Research: Strong self-directed learning ability and passion for continuous research. Demonstrated capacity to independently explore new methodologies, stay updated on emerging regulatory requirements and industry trends, and apply innovative solutions to complex quantitative challenges.

Certifications (Preferred): Professional certifications such as FRM or CFA are highly desirable.

\"Data held by the Bank relating to employment applications will be kept confidential and used only for consideration of applications. The bank may also refer suitable applicants to other vacancies within the Group. All personal data of unsuccessful applicants will be destroyed after the recruitment exercise. A copy of Personal Information Collection Statement is available upon request.\"

Bank of Communications (Hong Kong) Limited (\"Bank of Communications (Hong Kong)\") is a wholly owned subsidiary of Bank of Communications Co., Ltd., which provides personal banking, corporate banking and private banking services through 43 outlets, 4 business services centres and its private banking centre in Hong Kong.

With extensive network across the city, Bank of Communications (Hong Kong) has set up 37 wealth management service centres in its outlets that offer BComBEST customers a full range of professional banking services to address their needs at every life stage. Our business services centres work alongside enterprises to help facilitate the daily operation and explore business opportunities by providing integrated banking solutions. Bank of Communications (Hong Kong) serves premium private banking customers through a comprehensive array of personalised banking solutions. Customers can easily access to our integrated wealth management services no matter where they are.

Bank of Communications (Hong Kong) Limited (\"Bank of Communications (Hong Kong)\") is a wholly owned subsidiary of Bank of Communications Co., Ltd., which provides personal banking, corporate banking and private banking services through 43 outlets, 4 business services centres and its private banking centre in Hong Kong.

With extensive network across the city, Bank of Communications (Hong Kong) has set up 37 wealth management service centres in its outlets that offer BComBEST customers a full range of professional banking services to address their needs at every life stage. Our business services centres work alongside enterprises to help facilitate the daily operation and explore business opportunities by providing integrated banking solutions. Bank of Communications (Hong Kong) serves premium private banking customers through a comprehensive array of personalised banking solutions. Customers can easily access to our integrated wealth management services no matter where they are.

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