Credit Risk Quantitative Analyst recruitment

Job Description

We seek a risk quant to model, quantify and explain derivatives' counterparty exposure to help the decision-making processes of risk management business. The role will also involve developing analytical models / tools needed for derivatives' exposure calculation and counterparty credit risk system related projects. In addition, risk quant will be involved in stress testing, back testing and wrong way risk calculation.

Key Roles Responsibilities

Develop risk factor simulation models
Calculate Counterparty Exposure on derivative products across all markets/asset classes
Discuss complex structured transactions with business (structurers/traders) and risk managers
Advise on credit risk mitigation and explain counterparty risks to sales, trading credit risk management
Participate in further development of Counterparty Analytics tools infrastructure
Work on ancillary / adhoc projects to further global systematic calculations of derivatives' counterparty risk risk management process

Development Value:
Gain extensive product/structure knowledge across all asset classes.
Risk management expertise
Interaction with all businesses across SCB
Global market knowledge

Qualifications Skills

Proven experience in a quantitative role in financial/consulting services with good understanding of derivatives' modeling/pricing
Product knowledge of a wide range of derivative structures of different asset classes (e.g. FI, Equity, commodity, FX, Credit)
Drect experience of counterparty risk calculations is preferred.
Knowledge of market credit risk management techniques/frameworks are desirable
Knowledge of unix programming languages (e.g. Java, C++, Matlab etc.) is preferred. Good spreadsheet skill is essential. Qualifications: PhD in a quantitative discipline (preferred) or Masters in a quantitative discipline. Exceptional candidates without above qualifications may be considered for the role provided they have the necessary skills and experience. Competencies:
Good communication skill is essential as the position requires quantifying risks and explaining them in a quick decision making environment.
Ability to lead discussions on structured products' credit exposure/credit risk confidently with a range of people (from desk quants to credit officers).
Eagerness ability to grasp the complexity of structured derivatives quickly.
Valuing Diversity:
Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success.

How To Apply

You can search and view current opportunities across our organisation and apply immediately by registering or logging in to our careers website www.standardchartered.com/careers. To help speed up your application, please note the following:

- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role

- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information to hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.

Closing Dates

The closing date for applications is 24/05/2012. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.