VP, Regulatory Portfolio Analytics, Risk Management Group

Business Function

Risk Management Group works closely with our business partners to manage the bank's risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure.

Job Summary

Support the development and drive implementation and application of climate risk stress models and methodologies for the wholesale and retail portfolios, in compliance with internal standards and relevant regulations.

Responsibilities

• Collaborate with Model Development team and relevant internal or external stakeholders to support the data sourcing/ingestion for the development of climate physical risk models, participate in development, oversee system implementation and application in risk management processes, e.g. climate scenario analysis and ESG risk assessment processes.
• Contribute to building a comprehensive climate risk management capability for the bank, such as researching on latest industry practices, data and framework, contribute to continuous improvement in climate risk models, solving complex problems using a data-driven approach.
• Own the execution and ongoing maintenance of the climate risk stress test models into various risk systems, with support from implementation teams.
• Support the relevant internal or external models' approval and governance process, providing detail explanations and justifications of the data assumptions and address potential issues, particularly those relating to internal / external model reviews and/or approvals if applicable.
• Support the execution of climate scenario analysis for Group and associated climate-related external disclosures.
• Support climate programme office in driving the end-to-end internal process improvements.
• Drive thought leadership in climate risk management in industry forums and regulatory engagement.

Requirements

• University graduate or above in a quantitative subject, risk management or finance.
• At least 10 year of experience in risk management, businesses, climate transition/ physical risk assessment or stress tests.
• Adept to data driven analytics and good understanding of data analysis tools, e.g. python.
• Good understanding of statistical / econometric / computational mathematics / quantitative techniques used in the areas of climate risk modelling and credit risk
• Excellent communication and writing skills
• Strong team player with leadership experience

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.