Head of Capital Markets Risk and Quantitative Analytics (Based in Beijing, China)

Job Description

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled, and promotes regional connectivity. 

The Risk Management Department provides crucial technical support in anticipating, identifying, and mitigating financial and part of nonfinancial risk, notably compliance and operational risk, empowering the Bank to grow and expand its operations as a global development financial institution. The department is responsible for conceptualizing the Bank’s risk-management frameworks, articulating policies that define risk tolerance, and institutionalizing a healthy corporate risk culture in different areas of operation. Teams under the department include Credit and Investment Risk, Capital Markets Risk and Quantitative Analytics, Portfolio Risk Management & Framework, Compliance and Operational Risk, and Restructuring & Workouts.

The department represents AIIB at various multilateral development bank (MDB) community gatherings to secure best practices for AIIB, including those with the G20 IFA WG, CAF review, MDB peers forum, and international organizations. RMD monitors best-in-class practices of both commercial banks and regulators while maintaining its MDB mandate to support the sustainable development of our mandate capacity.

The Head of Capital Markets Risk and Quantitative Analytics, reporting to the Chief Risk Officer, will establish strategic directions for the development of strategy, frameworks, and systems on capital markets risk and quantitative analytics in service of the Bank’s broader risk-management capacity. As such, the role will oversee the development of systems and knowledge products to ensure smooth implementation and provide leadership to the work of specialists in the team to build and strengthen the Bank’s dedicated capacity for capital markets and risk analytics.

• Lead the Capital Markets Risk and Quantitative Analytics team.
• Critically assess the risk profiles of the Bank’s investment and banking portfolios to identify gaps and emerging needs for expanding capital adequacy analysis while supporting the growth of new financial products and investment opportunities.
• Develop frameworks, models, and digital systems to guide the evaluation and management of capital risks (interest rate, FX, credit spread, liquidity, and counterparty credit risks), as well as to establish the Bank’s analytical infrastructure and capacity.
• Steer technology development for the Risk Management Department and ensure the architecture and systems meet the Bank’s analytical needs and business activities. Set up the risk infrastructure, including the next generation of risk metrics, early warning detection, and risk limits monitoring, and establish risk-mitigation mechanisms and processes.
• Advise senior management and colleagues in other units on the adoption of models and methodologies of risk quantification and analytics, highlighting their added value on strengthening the design and sustainability of the Bank’s financial products.
• Cultivate and maintain active networks with the Bank’s stakeholder community by showcasing how its risk analytics models, infrastructure, and policies capture and model factors that are crucial for sustaining high performance of the Bank’s financial products and projects.
• Develop systems, procedures, and metrics to monitor the performance of risk analysis mechanisms against established business priorities as well as to identify opportunities for further optimization.
• Develop approaches and metrics to validate models and policies around risk quantification and analytics to ensure alignment with the needs of business units and the Bank’s risk management framework and standards, as well as to inform improvement initiatives.

• At least 10-15 years of specialized experience as an authoritative professional in the finance/banking industry, with progressively complex roles up to that of a seasoned professional overseeing and adapting projects or programs.
• Advanced university degree (master’s or higher) in finance, economics, and/or related fields.
• Demonstrated analytical and management skills are essential.
• Proven track record in developing complex risk management infrastructure, risk methodologies, and financial models (VaR, ES, pricing models, etc.).
• Expert knowledge of market risk management, quantitative risk modeling techniques, and statistical analysis.
• Fluency in written and spoken English is essential.

AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences, and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.

Join in AIIB’s mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.

About the Organization

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.