AIIB’s Graduate Program is a two-year rotational program to recruit and develop a team of outstanding talents at the early stage of their career to contribute to the realization of AIIB’s mission. Young talents who qualify for the program will have an opportunity to contribute to international development and sustainable infrastructure investment, while growing their career with AIIB and helping to create a prosperous and sustainable Asia.
The program has six streams: Investment, Finance, Risk Management, Strategy, Corporate, and Environmental and Social.
- Investment Stream analysts will rotate within AIIB’s investment operations to gain experience in identifying, preparing, and monitoring investment projects for public and private sector clients.
- Finance Stream analysts will work closely with the Treasury and Controller’s offices and gain a deeper understanding of the tools, techniques and technologies related to treasury and finance processes and accounting.
- Risk Management Stream analysts 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.
- Strategy Stream analysts will gain hands-on experience in developing and implementing AIIB’s corporate strategy and sector strategies.
- Corporate Stream analysts will rotate within the Corporate Secretariat and Communications Department to develop skills in stakeholder management, protocol, and development communications.
- Environmental and Social Stream analysts will develop skills in application of environmental, social and climate provisions at operational level by participating both private sector and sovereign finance operations, implementation and reporting of projects as well as conduct any necessary research and analytical work, supervised by senior specialists.
By being assigned to different departments, analysts will develop professional skills and expertise while acquiring hands-on experience by working with the Bank’s industry experts. Working closely with clients in Asia’s public and private sectors, they will gain a deep understanding of, and broader perspectives on, the region’s infrastructure development and financing challenges and opportunities. Through the rotations, they will also receive training, mentoring, career guidance and development opportunities to grow and develop professionally at AIIB.
Eligibility:
- Master’s degree with one to two years of relevant working experience OR Bachelor’s degree with two to three years of relevant working experience.
- Fluent in oral and written English.
- Meets the criteria of the specific positions in each department.
Quantitative Risk Analyst
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:
- Bachelor’s or Master’s degree (or higher) in Mathematics, Statistics, Physics, Computer Science, Financial Engineering, or other related fields.
- 2–3 years of relevant work experience for candidates with a Bachelor’s degree, or 1–2 years of relevant work experience for candidates with a Master’s degree, in risk modeling, 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.