Quantitative Risk Management Specialist

3 days ago


Hong Kong, Central and Western District, Hong Kong SAR China Hong Kong Exchanges and Clearing Limited Full time

About Us

Hong Kong Exchanges and Clearing Limited (HKEX) is a purpose-driven company that connects, promotes, and progresses our markets and the communities they support for the prosperity of all.

Our commitment to long-term development is articulated in our purpose, which guides our actions and decisions. As a Quantitative Risk Management Specialist at HKEX, you will be part of a high-calibre team of quant analysts and developers who work together to establish model risk governance frameworks, review financial risk policies, and manage group-level financial risk data.

Job Summary

The Quantitative Risk Management team is responsible for providing governance to first-line risk teams across all HKEX group clearing houses on initiatives such as new product/service launch, methodology changes, and model parameter reviews. You will join this team to develop and maintain pricing/risk models and infrastructure components, support risk management units on quantitative issues, collaborate with the model validation team, and work with data teams to support production and roll out new models or fixes.

Responsibilities

  • Develop and maintain pricing/risk models and infrastructure components using Python and other relevant tools;
  • Support risk management units on quantitative issues such as pricing, risk analysis, historical analysis, and statistical analysis;
  • Collaborate closely with the model validation team to facilitate the validation of models developed by the team;
  • Work with data teams to support the production and roll out of new models or fixes.

Requirements

  • A Master's or PhD degree in a highly quantitative field such as Physics, Mathematics, Financial Engineering, Electrical Engineering, or Statistics;
  • 3+ years of experience in financial markets, with hands-on experience in derivatives pricing, risk modelling, and delivering high-quality results;
  • Experience and proficiency in Python are preferred, as well as experience with large datasets and tick data;
  • Knowledge of order management and market micro-structure is preferred, along with strong analytical and problem-solving skills;
  • Excellent teamwork and communication skills are essential, with good written and verbal communication skills required.

Benefits

HKEX offers a competitive salary range of $120,000 - $180,000 per annum, depending on experience, plus excellent benefits, including health insurance, retirement plans, and opportunities for professional growth and development.



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