北京招聘

职位描述：
OUR COMPANY:
State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $28.19 trillion in assets under custody and administration and $2.45 trillion in assets under management as of December 31, 2014, State Street operates globally in more than 100 geographic markets and employs 29,970 worldwide. For more information, visit State Street's website at http://www.statestreet.com/.
We’re a company that insists on, and rewards, performance excellence. We know our success hinges on attracting the best people to join us — people like you.
State Street supports flexible work arrangements where determined feasible, consistent with business and operational needs. Subject to an individualized assessment of these considerations, roles may be identified as potentially suited for a flexible work arrangement. Requests for a flexible work arrangement can be made upon hire. All employees at State Street have the ability to request flexible work arrangements, with the final decision based solely on business discretion and subject to management approval.
State Street is an Affirmative Action/Equal Opportunity Employer. Applicants are considered for all positions without regard to race, color, religion, national origin, ancestry, ethnicity, age, disability, sexual orientation, gender, gender identity, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status or other characteristics protected by applicable law.
JOB DESCRIPTION:
The Model Validation China Lead, VP/AVP, will report to the head of model validation, and will be responsible of leading the China team to support the US team to conduct model validation activities. The China team will cover the models used at State Street to make business and operating decisions—most notably regulatory and economic capital models, as well as insuring the implementation of Model Risk Governance Program guidelines and requirements. These models are in areas including wholesale credit risk (e.g., probability of default, loss given default, exposure measurement, and loan loss reserving); market risk (e.g., daily value at risk pricing models, counterparty credit risk, Asset Liability Management risk, and terms structure models); and operational risk.

JOB QUALIFICATIONS:

？ Build a team in China under the supervision of the head of model validation, and support the US team to conduct model validation activities

？ Lead the China team to ensure model risks are correctly identified, assessed, and captured:
o Assessing model theory and model assumptions as well as considering model methods and potential options.
o Testing and confirming model results by using documented procedures for running the model(s).
o Reviewing code documentation for proper model implementation, including the possible simulation of results.
o Working with data validation members and information technology professionals to determine model data integrity.
o Performing model validation processes and performing independent model validation of significant models.
o Assessing the stability and robustness of models by conducting backtesting, sensitivity testing, and stress testing.
o Making recommendations and suggesting improvements related to the applicability of the different models assessed in meeting their objectives.
o Ensure compliance with the regulatory (SR11-7) and State Street quality requirements for model risk.
o Deliver the validation findings via management presentations and regular reports.
o Communicate with onsite validators, model developers and business to relay the issues and feedback and capture the action plans.
o Ensure quality checks and controls including standardization of assessments and dissemination of feedback across team members.

JOB REQUIREMENTS:
Basic Qualifications:
？ Experience in independent model validation of risk/financial models in banking industry.
？ PhD in related disciplines or Master degree with extensive business knowledge and strong technical skills (e.g. Statistics, Econometrics, Mathematics, Computer Science or Engineering)
？ Minimum 8 years of experience in model development or independent model validation in risk management or risk management experience in banking/finance industry.
？ Strong knowledge of financial markets and products.
？ Strong communication skills (verbal and written in English).
？ Ability to communicate project plans/status in a clear, precise and timely manner.
？ Ability to execute on competing priorities in a timely manner.


Desired Qualifications:
？ Hands on experience in model development and/or model validation.
？ Ability to take initiative and meet deadlines.

LOCATION: HangZhou, China 举报 分享

About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.