[GP] Quantitative Risk Analyst (6337)

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 111 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.

This position will be under the Risk Management Stream. The Analyst will rotate within the Risk Management Department and client departments to gain in-depth experience in monitoring and analyzing developments that affect current and future potential risk.

About the role:

• The Bank's Risk Management Department aims to enable the Bank to fulfill its mandate to promote infrastructure and other productive sectors; ensure the stability and financial continuity of the Bank through efficient capital allocation and utilization, comprehensively manage risks and reputational consequences, and foster a strong risk culture by embedding risk accountability in the Bank.
• The Analyst will rotate in both the Risk Management Department and other related departments throughout the two-year program.
• The Analyst will support risk modelling and analytics activities in accordance with the Bank’s risk management policy and appetite. He/she will conduct comprehensive risk quantification, modelling, and analysis, supporting the development and maintenance of the Bank's risk models and quantification methodologies.
• The Analyst shall collaborate with multiple internal departments to ensure that risk models and calculation algorithms are accurate, robust, and in line with both internal requirements and industry best practices. He/she shall also effectively support the continuous development of the department’s risk quantification tools and model libraries, as well as provide support on enhancement of the Bank’s risk measurement and monitoring frameworks.

Responsibilities:

During their assignment to the Risk Management Department, the Quantitative Risk Analyst will:

• Support the development, calibration, and validation of risk models, including credit risk, market risk, and operational risk models.
• Assist in the implementation and maintenance of risk quantification methodologies and tools.
• Maintain and update quantitative codebases used for risk modelling and analysis, ensuring code quality and documentation standards are met.
• Support in the back-testing of risk models, both within the Risk Management Department and in collaboration with other departments.
• Perform quantitative analysis and risk calculations to support risk assessment of new products and processes.
• Support the development and maintenance of strategic risk model libraries.
• Collaborate with cross-functional teams to gather requirements and data necessary for risk modelling and analysis.
• Assist in preparing risk reports and presentations for senior management and stakeholders.
• Stay updated on regulatory developments and industry best practices related to risk modelling and quantification.
• Assist in preparing and maintaining documentation, data dictionaries, data mapping, and workflow descriptions, if needed.
• Maintain ongoing correspondence and documentation related to assigned tasks.
• Perform other related duties as assigned.

Requirements:

• Master’s degree or above in mathematics, statistics, physics, computer science, financial engineering, or other related fields.
• Relevant work experience in risk modelling, quantitative analysis, or similar roles in financial institutions is a plus.
• Strong analytical and problem-solving skills with the ability to process large datasets into meaningful information.
• Strong programming skills in Python, SQL, VBA and R, etc, and experience with programming languages used in financial modelling.
• Familiarity with visualization techniques and tools (e.g., Power BI, Tableau, Matplotlib) is a plus.
• Exposure in model building or fine-tuning on machine learning, deep learning, and large language models techniques is a plus.
• Experience in maintaining and documenting quantitative codebases; familiarity with version control systems like Git.
• Ability to work collaboratively in a team environment and communicate effectively with stakeholders.
• Proficient in oral and written communication skills in English.

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.