Markets Quantitative Analyst

Position:

• Position: Markets Quantitative Analyst
• Title: Officer
• Location: Hangzhou, China

Job Description:

The Officer will work with the model owner to execute the regulatory requirements for model risk for all active and developing quantitative models and support the implementation of the model governance infrastructure under the supervision of the Head of the SSM Model Risk Team.

• Development, review and documentation of front office models within various SSM business units
• Justification of model assumptions and results to the internal model validation group
• Preparation and delivery of status updates for key stakeholders
• Workflow management to ensure that deliverables are prepared according to schedules

Key Responsibilities:

• Supporting the model owner in the execution of engagement-specific statistical/financial modeling and analysis and in the preparation of final model results
• Supporting the SSM Risk and Capital Optimization team in quantitative analysis related to monitoring, forecasting and remediation of risks and regulatory resources
• Work with the model owner to design and implement an appropriate and effective model monitoring plan, including performance metrics, thresholds and escalation plan
• Support the SSM Model Risk Senior Analyst in the development of comprehensive first line of defense documents, including model development, implementation and ongoing monitoring
• Work with model owners and developers to update models to meet the requirements of the internal model validation group

Desired Skills & Experience:

• Strong understanding of quantitative analysis methods in relation to financial institutions
• Advanced programming skills in at least one supported statistical programming environment (Python, R or MATLAB), with intermediate programming skills in VBA and other languages. Java experience is a plus
• Knowledge of financial markets (securities lending, equities and derivatives, FX or electronic trading, etc.) is a plus
• A proven ability to multi-task and work in a fast-paced, deadline-oriented environment
• Strong verbal and written communication skills, with the ability to effectively articulate ideas, analysis and complex concepts to individuals from diverse backgrounds and to facilitate discussions and resolve conflicts among diverse stakeholders with competing interests
• Degree in a quantitative field (financial mathematics, financial engineering, mathematics, statistics or a related field)
• 2-4 years of professional experience in the area of model risk recommended

Benefits:

• Medical care
• We offer our employees a highly competitive vacation and paid leave entitlement, taking into account local requirements. We also offer our employees two paid days to donate their time to company-driven initiatives or organizations of their choice.
• Well-being programs
• We strive to support all employees and the people who are important to them. Some of our programs include paid parental leave, return-to-work support, adoption assistance or flexible working arrangements.
• Financial wellness programs
• Among other things, you can have access to group savings, discounts at sports clubs and cinemas and our new employee referral bonus program.