Jay Wang
About Jay Wang
Jay Wang serves as the Senior Vice President and Head of Independent Model Review for Wholesale, PPNR, and Operational Risk at HSBC North America, a position he has held since 2017. He has extensive experience in quantitative risk and model review, having worked in various roles at HSBC and Bank of America over the past 15 years.
Current Role at HSBC
Jay Wang currently serves as the Senior Vice President and Head of Independent Model Review for Wholesale, PPNR, and Operational Risk at HSBC North America. He has held this position since 2017, working from the New York office. In this role, he is responsible for overseeing the independent review of models used within the wholesale banking sector, ensuring compliance with regulatory standards and internal policies.
Previous Experience at HSBC
Prior to his current role, Jay Wang worked at HSBC in various capacities. From 2015 to 2017, he was the Senior Vice President and Head of Retail Independent Model Review, focusing on retail banking models. Before that, he served as the Director of Independent Model Review from 2014 to 2015 in Chicago, Illinois. His tenure at HSBC has spanned multiple roles, contributing to his extensive expertise in model review and risk management.
Experience at Bank of America
Before joining HSBC, Jay Wang worked at Bank of America as a Vice President and Quantitative Risk Associate in Global Portfolio Strategies from 2008 to 2011. In this role, he was involved in quantitative analysis and risk assessment, contributing to the bank's portfolio management strategies. This experience laid the groundwork for his subsequent roles in model review and risk management.
Career Progression in Risk Management
Jay Wang's career in risk management began with his role as Senior Credit Analytics Manager at HSBC from 2011 to 2014. In this position, he focused on credit risk analytics, enhancing his understanding of risk assessment methodologies. His progression through various roles in risk management has equipped him with a comprehensive skill set applicable to both retail and wholesale banking environments.