Enterprise Risk Management

il y a 1 semaine


Bd Royal Luxembourg Bank of China Luxembourg Temps plein 60.000 € - 120.000 € par an
Company Description

As a Luxembourg-based bank since 1979, together with the global presence of Bank of China Group, Bank of China Luxembourg Branch has been successfully operating and continuously developing its business over the years. It contributes to the local and worldwide economic and social development. With more than 45 years of expertise and experience in the European markets, the bank extended its roots covering 15 institutions located in 13 European countries and becoming Bank of China Europe, since 2022.

Bank of China Europe adheres to the guidance of Bank of China group and continues to grow and expand its business coverage across the world, offering comprehensive business solutions to its clients worldwide with its globalized operations and diversified platforms.

Today, Bank of China Europe comprises an international workforce with a multicultural background of more than 30 different countries and regions with over 600 employees

As our operations continue to grow, we are currently looking for a talented and motivated professional to join our team as:

Job Description

Job Purpose

We are looking for a highly skilled ERM Team Member to join our Risk Management Department (RMD).

This is a unique opportunity to play a central role in shaping the Pillar II framework and enhancing our Market Risk capabilities. You will work on complex, high-impact initiatives such as ICAAP, ILAAP, Recovery & Resolution Planning, IRRBB, CSRBB, and capital optimization, while contributing to the Bank's strategic development and regulatory alignment.

This position offers the chance to combine quantitative expertise, regulatory knowledge, and strategic insight—a perfect challenge for risk professionals seeking to make a real difference.

Main Responsibilities

The key responsibilities will include (but are not limited to):

  • Redesign and enhance the IRRBB / CSRBB framework, developing advanced projection capabilities (EVE, NII, CSRBB) and supporting ALM optimization;
  • Automate tools and methodologies using Python and other programming languages;
  • Align the Risk Identification process with supervisory expectations (CSSF, SREP);
  • Review and strengthen the Risk Appetite Statement (RAS) framework in line with OSI-Governance recommendations;
  • Reshape ICLAAP, Recovery Plans, and ad-hoc projections, designing scenarios and remedial action frameworks;
  • Review ECAP Pillar II metrics, ensuring robust modelling and supervisory compliance;
  • Lead the production of Pillar 3 reports in line with new EBA requirements;
  • Set up and deploy a strong data governance framework notably across Risk Management and Finance departments
Qualifications

Technical Skills & Qualifications

  • Education Background: Master's degree in Quantitative Finance, Statistics, Econometrics, Mathematics, or related fields;
  • Working experience: Master's degree in Quantitative Finance, Statistics, Econometrics, Mathematics, or related fields;
  • Proficiency in Python (essential), with possible additional skills in SAS, VBA, Matlab, R, BI & Data Management tools;
  • Language: Fluent in English (knowledge of French or Chinese is a plus);
  • Relevant certifications in finance or econometrics are an advantage.

Soft Skills & Attributes

  • Strong analytical and problem-solving skills;
  • Ability to thrive under pressure and deliver results within deadlines;
  • Team player with excellent communication and collaboration skills;
  • Experience presenting strategic risk insights to executive leadership, regulators, and supervisory authorities.

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