Enterprise Risk Management Department - Model Risk Management Team Intern

Introduction

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview

The intern in Model Risk Management will support the following:

• Support the increasing daily administration works associated with all the MRM BAU activities • Support the BAU model governance activities (e.g. finding management, inventory system maintenance etc.) and help on validation projects planned for this year (27 projects including credit risk models, compliance risk models etc.)• Support the EUC framework implementation and help on EUC risk control related activities.

 

Responsibilities

• Assist in daily model risk governance activities including supporting model risk management system enhancement project and materials preparation for model risk reporting;• Assist in model validation projects including independent testing under instruction, preparing model validation report, etc.; • Assist in daily administration tasks including meeting coordination, minutes recording and presentation preparation;• Assist in EUC review projects including EUC finding remediation review, etc.

 

Qualifications

• Graduate degree preferred with Financial Engineering, Mathematics, Statistics, Computer Science background• Knowledge of statistical and mathematical models such as linear regression, logistic regression, time series, preferred with the machine learning theory background • Risk management and model implementing experiences (Preferred)• Programming skills, preferred in R, Python, Matlab, SQL (Preferred)• Proficiency in MS Word, Excel, and Power Point• Excellent communication skills, multi-tasking capacity, and self-motivated

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

USD $18.00 - USD $18.00 /Hr.