Senior Project Manager (IRB model), Risk Management Department
Industrial & Commercial Bank of China
Job description
Industrial and Commercial Bank of China (Asia) Limited (“ICBC (Asia)”) is the flagship of overseas business of Industrial and Commercial Bank of China Limited (“ICBC”) – currently the largest commercial bank in China, and it is one of the domestic systemically important banks (D-SIBs) in Hong Kong. Currently, ICBC (Asia) has 52 retail outlets (including 27 “Elite Club” Wealth Management Centres) in Hong Kong.
It is engaged in commercial banking, investment banking and other financial services, including those of securities, insurance and funds, with a focus on commercial and retail banking as well as global market business. Chinese Mercantile Bank and ICBC Asset Management (Global) Company Limited, two wholly-owned subsidiaries of ICBC (Asia), specialize in Renminbi services in mainland China and ICBC’s global asset management business respectively.
Job Responsibility The Project Manager will be responsible for coordinating the IRB model uses task force, ensuring timely progress tracking, cross-departmental collaboration, and monthly reporting to senior management.The role involves overseeing the implementation of key initiatives to ensure risk model use are effectively integrated into business progresses and credit systems, and adhering to regulatory standards and internal policies.
Collect, monitor, and report on the progress of all IRB Application Project workstreams. Proactively identify and resolve bottlenecks or delays through effective cross-departmental coordination (Risk, Finance, Treasury, IT, Credit, Business Units) Prepare comprehensive Monthly Project Status Reports for the Project Working Group and Senior Management.
Serve as the primary liaison between business users, model developers, IT teams, and other stakeholders involved in model use implementation. Facilitate workshops and meetings to define requirements, resolve issues, and ensure alignment. Oversee the development/review of Business Requirements Documents Assist in defining test scenarios, preparing test cases, coordinating UAT, and tracking issue resolution.
Contribute to end-user documentation and training materials. Ensure all project activities comply with relevant regulatory requirements and internal standards Drive activities to ensure all work streams are delivered on schedule. Job Requirement University degree (preferably in Finance, Risk Management, Information Systems, Business Administration, or a related discipline) FRM, PMP, or equivalent professional certifications are advantageous Excellent project management skills,especially in cross-departmental coordination and progress monitoring.
Strong analytical and reporting capabilities, experience in preparing executive-level reports Solid understanding of banking systems, credit risk management, risk-based pricing and RAROC methodologies Proven experience in business analysis, stakeholder engagement (Risk, Finance, Treasury, IT, Business Units), and requirement documentation Knowledge of regulatory requirements (IRB approaches) Excellent communication, inter-personal and negotiating skills in both technical and business contexts Minimum 5 years of experience in project management, preferably within banking, risk management, or system implementation Demonstrated experience in managing system development/implementation projects (e.
g. risk models, pricing modules) Experience in coordinating multi-departmental initiatives and driving project execution Experience in policy/procedure documentation is a plus Holder of ECF on Credit Risk Management is preferable Interested parties, please click "Apply Now" for application. Personal data collected will be used for recruitment purpose only.