Risk Management Specialist, HKFRS9

7 days ago


Hong Kong, Central and Western District, Hong Kong SAR China The Bank of East Asia Full time
Job Summary

We are seeking a highly skilled Risk Management Specialist to join our team at The Bank of East Asia. As a Risk Management Specialist, you will be responsible for implementing IFRS9 ECL models and stress testing methodologies, working closely with Credit Risk Modellers and the IT team.

Key Responsibilities
  • Model Implementation: Collaborate with Credit Risk Modellers to design and implement IFRS9 ECL models, ensuring accuracy and alignment with model design.
  • Model Validation: Validate and test model implementations, identifying potential system defects and deficiencies.
  • Model Governance: Participate in model governance activities, including system-related documentation and reporting.
  • Training and Support: Provide training and support to junior team members on model implementation, change request maintenance, and defects identification and fixing.
  • Collaboration: Work closely with the IT team to ensure smooth model deployment and system soundness.
Requirements
  • Education: Bachelor's degree in Finance, Economics, Statistics, Computer Science, or a related field.
  • Experience: At least 5 years of experience in credit risk analysis, risk modelling, risk system implementation, or related roles.
  • Skills: Strong knowledge of Moody's RCO product and/or IFRS9 ECL models, proficiency in statistical software (e.g., SAS, R, Python, SQL) or Oracle DB for model implementation.
  • Certifications: Relevant certifications (e.g., FRM, CFA) are a plus.


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