AVP, Quantitative Risk Methodology & Governance

CFA Institute; Hong Kong; On-site; HKD 600,000 - 800,000; Full time

Job summary

CFA Institute is looking for a Quantitative Risk Management specialist in Hong Kong to provide governance for risk teams across all HKEX clearing houses. You will lead projects in risk methodology and collaborate closely with validation teams to enhance financial risk management. Candidates should hold a degree in finance or a quantitative field and have 4-8 years of experience in financial markets, as well as skills in problem-solving, teamwork, and communication. The job offers a permanent position with a standard workload of 40 hours per week, supporting a diverse workplace environment.

Qualifications

• 4-8 years of relevant experience in financial markets.
• Knowledge of financial and investment products and their risks.
• Fluent in English.

Responsibilities

• Join a team of quant analysts and developers.
• Participate in model development & implementation.
• Lead/support projects in Quantitative Risk Methodology.
• Collaborate with model validation team on model enhancements.

Skills

Analytical skills

Problem-solving skills

Teamwork

Communication skills

Education

Degree in accounting, finance, or quantitative field

Professional qualifications (CPF, CFA, FRM)

Job description

Company Introduction

We're home to Asia's most dynamic and vibrant capital markets.

Connecting capital, ideas, inspiration and innovation for deeper, more diverse and liquid global capital markets; providing greater choice and opportunity for our customers, each and every day.

HKEX is a purpose-driven company. Our commitment to the long-term development of our business and our markets is articulated in our purpose: "To Connect, Promote and Progress our Markets and the Communities they support for the prosperity of all."

Job Summary

Quantitative Risk Management (QRM) is responsible for providing governance to the first line risk teams across all HKEX group clearing houses on initiatives such as new product/service launch, methodology changes and model parameter reviews. The team is also responsible for establishing the model risk governance framework of the group, financial risk policy / appetite reviews, group level financial risk data management and other group risk management related quantitative modelling works for continued enhancements of its risk management capabilities.

Responsibilities

• Join a high calibre team of quant analysts and developers within the Group Quant Risk team in HK.
• Participate actively in model development & implementation involving new products, clearing houses market risk, investment market risk and liquidity risk, including testing, analysis and on‑going enhancement etc.
• Lead / support projects in Quantitative Risk Methodology and Governance team, liaising with cross departmental stakeholders and regulators.
• Responsible for other project-based tasks as and when assigned.
• Collaborate closely with the model validation team to facilitate the validation of models that the team developed or owned; and work on enhancements to implement new models / methodologies or to improve existing models / methodologies.

Requirements

• A degree holder in accounting, finance or quantitative field (Physics, Mathematics, Financial Engineering, Electrical Engineering, Statistics, etc.)
• Professional qualifications, such as CPF, CFA, FRM are preferred
• At least 4-8 years of relevant experiences working in financial markets, experience in market and/or liquidity risk management is a plus. Candidates with less experience will be considered for an Associate role.
• Knowledge of financial and investment products and the related risks factors and trading dynamics
• Strong analytical and problem-solving skills
• Outstanding aptitude for teamwork and willingness to learn
• Good written and verbal communication skills are required
• Fluent in English

HKEX is committed as an Equal Opportunity Employer. Diversity is one of our core values and we look to support, respect diverse perspectives, abilities, culture and experiences within our workplace.

Location

HKEX - Exchange Square

Shift

Standard - 40 Hours (Hong Kong SAR)

Scheduled Weekly Hours

40

Worker Type

Permanent