Financial Economist - Assistant Vice President, Quantitative Risk and Stress Testing - Citibank (Hong Kong) Limited - Hong Kong

Job Highlights
Minimum a Master’s degree in Economics
2+ years economist experience in a major financial
Expertise in macro-economic scenario review
Job Description
Responsibilities:

The incumbent will be responsible for providing both a subject matter expertise and hands on experience in econometric model development, execution and assessment.
Be able to analyze in great detail macroeconomic scenarios and suggest judgmentally or using a model as needed different potential forward looking paths.
The role requires the candidate to employ leadership and communication skills to signal to key stakeholders the results of their forecast and its implication to the broader regulatory initiative.
Following and analyzing economic and political developments in key developed and emerging market economies, assessing vulnerabilities, and making economic forecasts.
Interpret production output results and ensure forecasts results are consistent with scenario assumptions, model assumptions and statistical and econometric foundation assumptions.
Conduct necessary forecast oversight to ensure historical data and forecast consistency.
Monitor global financial and economic trends and to identify and analyze key macro and market risks, along with their implications for the global economy and EFT’s forecasts.
Articulate and disseminate rationale for forecasts based on macroeconomic and financial linkages, within the backdrop of a countries, monetary, fiscal and trade policies.
Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational. Also, may develop, validate and strategize uses of scoring models and scoring model related policies.
Conducts statistical analysis for risk related projects and data modeling/validation.
Applies quantitative and qualitative data analysis methods including SAS programming, Structured Query Language (SQL) to extract, transform and analyze data and Visual Basic programming language.
Prepares statistical and non-statistical data exploration, validate data, identify data quality issues.
Conducts data analysis, data mining, read and create formal statistical documentation, reports and work with Technology to address issues.
Analyzes and interprets data reports, make recommendations addressing business needs.
Uses Predictive modeling methods, Optimizing monitoring systems, document optimization solutions, and present results to non-technical audiences; write formal documentation using statistical vocabulary.
Generates statistical models to improve methods of obtaining and evaluating quantitative and qualitative data and identify relationships and trends in data and factors affecting research results.
Validates assumptions; escalate identified risks and sensitive areas in methodology and process.
Automates data extraction and data preprocessing tasks, perform ad hoc data analyses, design and maintain complex data manipulation processes, and provide documentation and presentations.
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Required Qualification:

Minimum a Master’s degree in Economics, Econometrics, mathematics, statistics or equivalent.
2+ years economist experience in a major financial, public or international institution;
Expertise in macro-economic analysis, forecasting
Expertise in macro-economic scenario review and narratives and determine optimal set of macro/finance risk drivers, the respective forecast and forecast density.
Excellent verbal and written communication skills.
Candidates must have experiences in SAS, MATLAB, R or Python programming environment.
Previous experience in a role requiring managing/analyzing large data sets and presenting the data visually to senior management is highly desired.
Background from graduate level time series econometrics, Macroeconometircs is essential to be successful in this role.
Background and experience in consumer or commercial risk, especially forecasting models would be a plus.

Interested candidates, please click Apply Now.

Additional Information
Job Type
Full Time
Job Functions
Banking / Finance, Others, Management, General Management, Risk Management

Application link: https://hk.jobsdb.com/hk/en/job/100003008481662/apply-preview?fr=SRP%20Job%20Listing&jobId=100003008481662&searchPath=%2Fhk%2Fjobs%2Fmanagement%2F2&sectionRank=47&token=0~b26143e8-c387-4e51-acc7-e2f159592b0b&trackData={"ApplySource"%3A7}