Kai Yan
About Kai Yan
Kai Yan is the Global Head of Model Risk Control at Jefferies, with extensive experience in quantitative finance and financial modeling.
Position at Jefferies
Kai Yan holds the title of Global Head of Model Risk Control at Jefferies, a position he has occupied since 2022. He is based in the New York City Metropolitan Area. In this role, he is responsible for overseeing the firm's model risk management framework, ensuring that all quantitative models are properly validated and compliant with regulatory standards.
Previous Work Experience
Before joining Jefferies, Kai Yan served as Vice President - Sr. Quantitative Finance Analyst - Model Risk at Bank of America Merrill Lynch from 2015 to 2022. He also worked at Moody's Analytics for 7 months in 2014-2015 as a Financial Modeling Analyst specializing in Structured Finance. Earlier in his career, he interned at AllianceBernstein focusing on market risk-aversion measurement and portfolio construction in 2013.
Educational Background
Kai Yan's education includes a Master's Degree in Quantitative Finance from Fordham University's Graduate School of Business Administration, obtained between 2012 and 2014. He also holds two Bachelor of Science degrees in Mathematics from North China University of Technology and Southern Polytechnic State University. Additionally, he achieved a Diploma in Python from New York University in 2017.
Skills and Expertise
Kai Yan possesses strong expertise in econometrics and statistical modeling, particularly in factor models and time series analysis. He is proficient with programming languages and tools such as Python, Matlab, SAS, Excel/VBA, and is experienced with C++, SQL, and Bloomberg. This combination of skills allows him to handle complex quantitative finance tasks effectively.
Professional Certifications
Kai Yan is a candidate for multiple professional certifications, including CFA Level II, CAIA Level II, FRM Level II, and WSET Level III. These certifications demonstrate his commitment to continuous professional development and expertise in financial risk management and analysis.