Risk Model Validation Specialist

2 days ago


Hong Kong, Central and Western District, Hong Kong SAR China Ashford Benjamin Full time
Job Description:
    Ashford Benjamin is seeking a seasoned professional to support a reputable securities house in Hong Kong on a model risk mandate. As a key member of the team, you will be responsible for validating financial valuation models, focusing on OTC derivatives products across APAC.
    Your primary objectives include establishing a risk model and parameter reserve framework, conducting regular model reviews, collaborating with risk quant experts to set up a checking mechanism for data accuracy, and providing training to other teams on the knowledge of valuation and risk calculation.

    To excel in this role, candidates should possess over 5 years of experience in model risk with a strong background in mathematics, sciences, or financial engineering. Holding a CFA, FRM, or CIPM certification is highly advantageous. Advanced statistical modeling skills and strong programming abilities are preferred. Fluency in English and Chinese is essential for effective communication with both local and global stakeholders.

Key Responsibilities:
  • Validate financial valuation models for OTC derivatives products
  • Establish a risk model and parameter reserve framework
  • Conduct regular model reviews and collaborate with risk quant experts
  • Provide training to other teams on valuation and risk calculation

Required Skills and Qualifications:
    In addition to the qualifications mentioned above, ideal candidates should have excellent analytical and problem-solving skills, be able to communicate complex ideas effectively, and demonstrate a high level of professionalism in their work.



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