Temp Manager: Basel Capital & Risk Models (1 Year)

Securities and Futures Commission; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

The Securities and Futures Commission is seeking an experienced professional in model validation and model risk management to support Basel Capital and Risk Models for Intermediaries. The appointee will review internal market risk models for regulatory capital and initial margin models for OTC derivatives, including SIMM, ensuring robust validation, governance, and remediation actions.

Ideal candidates will have 5+ years of experience, strong Basel knowledge, and a degree in a quantitative

Qualifications

• Requires 5+ years in model validation and model risk management of market risk models and/or initial margin models.
• Strong knowledge of Basel requirements for market risk internal models (VaR, SVaR, IRC) and OTC derivatives margin.
• Degree in a quantitative field; high integrity and responsibility.

Responsibilities

• Review and assess applications from licensed corporations for internal market risk model usage.
• Review initial margin models for OTC derivatives, including SIMM.
• Evaluate validation frameworks, back-testing, stress testing, and governance.

Skills

Model validation

Basel requirements

OTC derivatives initial margin models

Governance & remediation

Education

Degree in quantitative finance/math/engineering/science

Job description

The Securities and Futures Commission is seeking an experienced professional in model validation and model risk management to support Basel Capital and Risk Models for Intermediaries. The appointee will review internal market risk models for regulatory capital and initial margin models for OTC derivatives, including SIMM, ensuring robust validation, governance, and remediation actions.

Ideal candidates will have 5+ years of experience, strong Basel knowledge, and a degree in a quantitative