FinArchives

1. In plain English, please describe your current role and function.

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My role is responsible for liquidity risk management for banking and securities entities across Asia.  I oversee the identification, quantification and monitoring of liquidity risks for the bank.  For example, the development of models and metrics to measure the potential cash outflows that the bank may face during a liquidity stress and monitoring frameworks to ensure the bank holds enough cash and high quality securities that can be readily liquidated if needed during a stress.

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2. On average, how is your time divided across quantitative work (e.g., financial analysis), qualitative work (research and writing), presentations (to investors, management, etc), and other tasks? Please describe what falls into ‘other.’

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I spend approximately 50% of my time in meetings with various stakeholders in London, NY, HK and other Asia markets.  These meetings are usually to update management on new internal, market or regulatory developments, or to work with other teams to agree next steps for projects such as how to model liquidity risk on digital assets or upcoming regulatory exams etc.  20% of time is responding to queries or providing information to other stakeholders in Asia, the global Treasury team,  business stakeholders and regulators.  This may involve drafting presentations or providing quantitative analysis e.g. if we observe a significant change in our risk metrics, what are the drivers and management response.  20% of time is spent working on or reviewing papers or models/methodologies the team has developed or providing guidance to the team. 10% is spent on a mix of reading about market developments e.g. impact of DLT on liquidity requirements, and team management/people admin.

 

3. Where did you attend college and what was your major/minor? Did you participate in any clubs in school or internships that you believe helped you decide what you wanted to pursue as your career? 

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University of Melbourne.  Bachelor of Commerce and Information Systems. Major was finance.  I didn't do any internships.  I joined clubs but for social purposes.

 

4. Do you have a graduate degree, and if so, what type?

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No.  Graduate degree is not required and not that common as the critical skills for the role are not necessarily provided or developed from a graduate degree e.g. critical thinking, clear and articulate verbal and written communication skills and stakeholder management.

 

5. What about certifications like as a chartered financial analyst, certified public accountant, or other similar certifications? 

 

Most people have CFA.  It is viewed favorably but we don't use it as a deciding factor when hiring into the team.

 

6. What did you wish you had known in college that would have made your transition into the working world smoother? 

 

I wish I had broader exposure to world events and market developments but that was also a function of information not being as freely accessible back in the day.  For example, it would have been great to access publications like The Economist or Bloomberg, but it was too expensive as a university student.  

 

7. How will the rising prominence of artificial intelligence (“AI”) impact your job and entry level jobs in your industry?

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AI helps from a productivity perspective e.g. benchmarking or comparing different regulatory rules , Zoom AI note taking, more efficient processing of large data sets etc.  However, I don't think it can replace decision making as that is not rules based and is very scenario specific. 
While it's helpful to use AI to summarize, in certain cases people still need to read that 80-page white paper as I observe that AI can occasionally summarize things incorrectly.

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8. What skills or qualities do you look for when hiring for an entry job level candidate?

 

Initiative, curiosity to learn, willingness to go over and above, attention to detail and strong verbal and written communication skills.

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9. Is there any other information you would like to share that hasn’t been shared through the questions above?

 

None.