Bixi Jian, PhD, Frm
About Bixi Jian, PhD, Frm
Bixi Jian, PhD, Frm, is the Director of Quantitative Risk Modeling at CIBC, with extensive experience in quantitative analysis and risk modeling.
Current Role at CIBC
Bixi Jian, PhD, holds the position of Director, Quantitative Risk Modeling, at CIBC. She has been serving in this role since 2020, based in the Toronto, Canada Area. Bixi is responsible for managing the development and implementation of credit stress testing models for CIBC's retail and wholesale portfolios, as well as CIBC Bank USA's portfolios.
Professional Experience
Bixi Jian has extensive experience in quantitative risk analysis. Prior to her current role, she served as Senior Quantitative Analyst at CIBC from 2019 to 2020. Before that, she worked as a Quantitative Analyst at CIBC from 2017 to 2018. Earlier in her career, Bixi was a Researcher in Quantitative Investment & Market Risk at CIRANO in Montreal from 2014 to 2017.
Academic Background
Bixi Jian achieved her Doctor of Philosophy (Ph.D.) in Econometrics and Financial Economics from McGill University, where she studied from 2012 to 2017. She also holds a Master's Degree in Economics and Applied Econometrics from The University of British Columbia, completed in 2012, and a Bachelor's Degree in Economics from Nankai University, obtained in 2011.
Quantitative Risk Modeling and Stress Testing
In her role at CIBC, Bixi Jian has designed a new reporting engine in SAS that integrates analytical calculations and Monte Carlo simulations for estimating risk-weighted assets and expected credit losses. She has produced stress test results in compliance with Enhanced and Mandatory Stress Testing requirements and has collaborated with the reporting team to address inquiries from stakeholders and senior management. Additionally, she has estimated potential losses and concentration risk under stress scenarios for the Internal Capital Adequacy Assessment Process and regulatory stress testing exercises.