Manager/Senior Manager, Model Risk Management – Risk Management

China Minsheng Banking Corporation Limited Hong Kong Branch; Hong Kong; Presencial; HKD 700.000 - 1.100.000; Jornada completa

Descripción de la vacante

Leadingnation is seeking a senior model risk professional to design, roll out and continuously improve an enterprise risk framework, ensuring HKMA compliance in Hong Kong. The role covers governance, validation, and regulatory liaison responsibilities across new product approvals and risk reporting.

The candidate should have 5+ years in model risk or quantitative risk, strong Python/SQL skills, and fluency in English and Chinese.

Formación

• Bachelor’s degree or above in Finance, Mathematics, Statistics or related field.
• Minimum 5 years of experience in model risk management or quantitative risk.
• Proficient in pricing and risk measurement for fixed income and FX.
• Hands-on Python and SQL experience; AI implementation is a plus.
• Proficient in English and Chinese (Cantonese & Mandarin).

Responsabilidades

• Lead the design, rollout and continuous improvement of the model risk framework to comply with HKMA rules.
• Manage end-to-end validation for stress testing models and maintain the model risk rating system.
• Liaise on regulatory matters and validate procedures for HKMA guidelines.
• Act as a gatekeeper in new product approvals, verify risk models before launch and assess new tech impacts.
• Prepare model risk reports for senior management and drive remediation of identified issues.

Conocimientos

Python

SQL

AI/ML

Educación

Bachelor’s degree or above in Finance, Mathematics, Statistics

CFA/FRM holders preferred

Descripción del empleo

• Responsible for model risk for regulatory liaison
• Lead the design, rollout
• Bachelor’s degree or above in Finance, Mathematics

Job Responsibilities

• Lead the design, rollout and continuous improvement of the Branch’s model risk management framework in order to comply with HKMA rules. Draft and update model governance policies, and enforce segregation of duties between model development and independent model validation.
• Manage endtoend independent validation for stresstesting models. Establish the model inventory and model risk rating system, conduct ongoing performance and effectiveness assessment. Perform independent validation for stresstesting programmes and corresponding models.
• Responsible for model risk for regulatory liaison. Monitor newly issued HKMA regulations and complete validation and approval procedures.
• Serve as a critical risk control gatekeeper in the new product approval workflow. Verify risk measurement models for new products prior to launch and guarantee stable operation. Assess model risk exposures introduced by new trading systems and risk infrastructure rollouts.
• Prepare dedicated model risk reports for senior management. Drive remediation of identified model risk issues, and advance risk data governance and automated risk reporting initiatives.

Requirements

• Bachelor’s degree or above in Finance, Mathematics, Statistics or other relevant majors.
• Minimum 5 years of working experience in model risk management, quantitative analysis or risk management within banking institutions or consulting firms.
• Proficient in pricing and risk measurement methodologies for bonds, interest rate and FX derivatives; CFA/FRM holders are preferred.
• Competent in tools including Python and SQL; handson experience in AI implementation is a plus.
• Proficient in both written and spoken English and Chinese (Cantonese & Mandarin).

Your job application for the in-scope position(s) is subject to the Mandatory Reference Checking Scheme (MRCS) formulated by the Hong Kong Association of Banks (HKAB) in consultation with the Hong Kong Monetary Authority. You are required to provide your consent for China Minsheng Banking Corp., Ltd. Hong Kong Branch (CMBC Hong Kong Branch) to conduct reference checks with your current and previous employers. Any employment offer will be conditional upon the satisfactory completion of this mandatory process. For more details, please refer to the “FAQs for In‑Scope Individuals” on HKAB website: https://www.hkab.org.hk/en/page/5/mandatory-reference-checking-scheme-phase-2. All information provided by you will be treated with strict confidence.