Simon Pak

Experience

• 

  HSBC

  Jun 2010 - Aug 2010

  Student Trainee, Fund Services

  - Engaged in a transformation project to propose a new data management structure to store fund documents systematically- Drafted policies in classification and management of fund documents and coordinated the transfer of documents from the old to the new system

• 

  HSBC Global Asset Management

  Jun 2011 - Aug 2011

  Summer Intern

  - Analyzed regional economic news and data and presented their implications to the asset allocation team, with focus in China and Hong Kong markets- Suggested daily trades of funds to meet new investment environment based on daily open position and market expectations- Designed Excel spreadsheets using VBA and Bloomberg API to streamline management workflow- Managed asset allocation position reports with Frontier and Charles River IMS, and reported any breaches or anomalies to management Show less

• 

  PwC

  Oct 2012 - now

  - Manage cross-functional FRTB implementation projects for global banks across front and middle office functions- Drive discussions and advise banks on FRTB and market risk management related topics, assess compliance gaps and challenges, and provide subject matter training and education- Manage engagements on derivatives valuation and model reviews for G-SIBs and large corporations, and drive optimization effort to enhance frameworks and tools supporting these engagements- Advise clients on LIBOR transition to alternative reference rates from derivatives valuation perspectives- Review and comment on compliance of collateral management and margin rules for broker-dealers and banks Show less - Managed projects in planning and implementation of FRTB market risk framework and new Basel IRRBB standards, performed gap analysis and quantitative impact analysis on the complying with new requirements for D-SIBs and regional banks- Reviewed banks' compliance in various regulatory requirements including LCR calculation, market risk capital requirements, stress testing framework, financial derivatives fair value measurement methodology, etc.- Built valuation models and performed valuation on a wide range of financial derivatives including asset swaps, range accrual notes, callable bonds and credit derivatives- Advised in planning and implementation of Basel II/III framework in market and liquidity risk management for leading banks in China and Vietnam- Performed model validation and verification on models serving various purposes such as VaR computation, instruments valuation and credit/market risk stress testing Show less

  • Senior Manager

    Dec 2019 - now

  • Manager - Consulting

    Oct 2012 - Dec 2019