Pasadena, CA, US
5 days ago
Senior Quantitative Analyst
Welcome page Returning Candidate? Log In Here Senior Quantitative Analyst Location US-CA-Pasadena Job ID 2024-11619 Category Accounting/Finance Position Type Full-Time Introduction Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.  Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.  Overview

We are currently seeking an Enterprise Risk Analyst within the bank’s second line of defense with specialized expertise in financial risk management.  This role will be responsible for providing expert guidance, credible challenge, and effective oversight of market risk, liquidity risk or capital management to first line partners and their activities where warranted.  The position is within the Enterprise Risk Management function and the role will be responsible for assisting in the development and implementation of the bank’s financial risk management framework opine upon the effectiveness of first and second lines of defenses’ risk management practices for risk identification in fulfillment of regulatory expectations for safety and soundness.  This role will be mainly focused on enhancing and conducting continuous monitoring and risk reporting to provide effective and independent market risk, liquidity risk and capital management oversight and assessment to identify emerging risk and evaluate management’s efforts to mitigate risk as well as evaluate management’s attention to changing environments.  The position will evaluate risk management controls/processes and assisting where necessary in helping the first line in enhancing the implementation and monitoring of such processes and/or controls.

Responsibilities Perform comprehensive and independent risk analysis activities in addition to on-going credible challenge activities to support effective oversight of financial risk management.  Monitor and track the trend of key risk indicators (KRI) and other critical risk metrics to ensure the risk exposure is aligned with the Board’s risk appetites or if not proper escalation and reporting is performed and to validate the accuracy of the risk metrics before reporting is produced for the senior management’s review and oversight.On an annual basis, independently replicate and validate the calculation of the Board KRIs and other critical KRIs and to assess the need for new indicators depending on the change in the entity’s risk profile or risk appetite.Review and analyze any related internal risk reporting and external reports and properly document for tracking and monitoring to identify any emerging risk or potential issues as well as for benchmarking our risk positioning against peer banks.Extract, process, analyze or validate large risk dataset to facilitate and continuously enhance more complete and timely risk monitoring and reporting and to support or perform in-depth regular and ad-hoc reviews and analyses to stay in compliance with internal risk management policies, regulations and regulatory expectations as the bank grows and risk profile migrates.Follow up and validate for resolution of financial risk management issues or credible challenges identified by examiners, ERM or other risk partners at the EWB.Execute and support ad-hoc risk management projects as requested by management. Qualifications Bachelor’s degree in quantitative discipline such as Statistics, Quantitative Finance, Data Science, Mathematics, Engineering with 4+ years of related experience. Or advanced degree with two years of experience. Large bank experience is a plus.Strong analytical, quantitative, problem-solving, and critical-thinking skills with high attention to detail and accuracy. Experience in processing and analyzing big data is a must and preferably proficient in data visualization techniques (e.g., Power BI).Proficiency with Python, R or similar statistical programming languages is preferred and working knowledge of Microsoft Office is required.Strong organizational skills, with the ability to effectively manage multiple deliverables, work under tight deadlines and be able to identify and implement process improvements. Practical knowledge of quantitative forecasting models, financial analysis techniques and methodologies is a plus.Collaborative team player and relationship builder with good communication skills. Preferred certifications include FRM (Financial Risk Manager), CFA (Chartered Financial Analyst), or similar.Knowledge of and understanding of all federal and state laws applicable to the EWB.Willingness to expand knowledge and skillset to contribute to ERM department. Compensation The base pay range for this position is USD $90,000.00/Yr. - USD $130,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location. Options Apply for this job onlineApplyShareEmail this job to a friendRefer <p style="margin: 0px;"><span style="color: #54585a;">Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.</span></p> Share on your newsfeed

East West Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status. Reasonable accommodations for disability are provided to applicants and employees in accordance with applicable law. Application FAQs

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