Yong-Long Lai

Current

• Manager Property Finance Risk Analytics at BankWest

Past

• Risk Systems Manager at HBOS Australia
• Risk Analyst at HBOS Australia

Education

• Yunnan University of Finance and Economics
• The University of Western Australia

Recommended

4 people have recommended Yong-Long

Connections

98 connections

Industry

Financial Services

Websites

• My Blog
• My RSS feed
• My Website

Yong-Long Lai’s Summary

Basel II Specialist with broad experience in risk analytics, risk modelling and risk systems. Great depth of knowledge of banking system with strong focus on statistical modelling, data integrity and data accuracy.

Interested in financial services industry who are looking to lay the ground work for the next phase of growth. Would like opportunities to add value and be intimately involved in all area of Basel.

Yong-Long Lai’s Specialties:

• Expertise in Risk Management, namely Capital Accord (Basel II), Risk Analytics & Modelling since 2004
• Expert SAS programming Skills (SAS Macro, SAS Base & Enterprise Guide)
• Broad Retail & Commercial Banking knowledge & experience – financial products & services, annuities, perpetuity, lending rules etc.
• Strong fundamentals in core banking systems, risk systems and financial database
• Outstanding fundamentals in technical, logical and reasoning skills

Yong-Long Lai’s Experience

• Manager Property Finance Risk Analytics

  BankWest

  (Public Company; Banking industry)

  April 2008 — Present (1 year 9 months)

  Note: Bankwest was formerly owned by HBOS plc under the holding company HBOS Australia, which was taken-over by Lloyds TSB in 2008 during the Global Financial Crisis and then recently sold to Commonwealth Bank of Australia in late 2008.
  
  This role inovled the following:
  • Responsible for developing credit risk model for the property finance portfolio
  • Developing a quantitative Monte Carlo simulation models using Palisade @RISK and SAS
  • Developed a decision tree expert rating models for the Land Bank Financing portfolio
  • Developing qualitative expert based rating models and templates to capture data from experts
  • Intimate understanding of Land Bank Financing, Property Investment and Property Development deals
  • Monitoring portfolio’s capital, risk distribution, portfolio shifts etc.

• Risk Systems Manager

  HBOS Australia

  (Public Company; Banking industry)

  December 2005 — March 2008 (2 years 4 months)

  • Supporting the business with business and technical issues regarding the banking data and the affect on credit risk
  • Preparing and presenting training material on the data structures, data repository, risk systems and Basel Accord
  • Workflow planning and management of a small highly talented team
  • Communicating availability and limitation of banking data with users such as statistical modellers, finance and the business
  • Strategic planning of key issues regarding the future of risk systems such as system upgrades, disaster recovery and software upgrades
  • Business as usual activities such as investigations, monitoring, reporting, data analysis, resolving issues and troubleshooting
  • Expert business knowledge in credit risk management, banking systems, lending systems and banking/finance
  • Expert technical knowledge in IT systems
  • Experienced and understanding in Basel II

• Risk Analyst

  HBOS Australia

  (Public Company; Banking industry)

  June 2004 — November 2005 (1 year 6 months)

  Involved in:
  • Developing, Validating & Deploying PD (Probability of Default) Models
  • Developing, Validating & Deploying EAD (Exposure At Default) Models
  • Developing, Validating & Deploying LGD (Loss Given Default) Models
  • Developing, Validating & Deploying Default and Attrition Models used for RAROC and RAPM
  • Creating statistical datamarts
  • Cleansing large volume datamarts
  • Extract, Transform and Load
  • Working with raw data
  • Understand risk analytics

Yong-Long Lai’s Education

• Yunnan University of Finance and Economics

  Chinese (Mandarin) 2004 — 2004

  Study Abroad Program (2 Months)
  Intensive Mandarin Course

• The University of Western Australia

  BEng (Hons) & BCom , IT Engineering, Investment Finance, Corporate Finance , 2000 — 2004

  • Graduated with Honours in Engineering and Bachelor of Commerce. Majored in IT Engineering, Corporate Finance, Investment Finance. Minored in Accounting
  • Overseas Studies Program: Study Abroad Program (Summer 2004), Intensive Mandarin. Received UWA Study Abroad Bursary
  • Dissertation titled “Software Risk Management - A Fuzzy Logic Approach”, 2004.

Additional Information

Yong-Long Lai’s Websites:

• My Blog
• My RSS feed
• My Website

Yong-Long Lai’s Interests:

Basel II, risk management, credit risk, banking system, money flow, cash flow, financial markets, real estate, credit derivatives

Yong-Long Lai’s Groups:

XL Life Member

•    KIVA
•    The "Risk" Factor
•    Financial Risk Management Network
•    The Group of Eight - represents Australia's leading universities.
•    The University of Western Australia Graduates Association - Convocation
•    Quant Finance
•    XL Life Members Worldwide
•    SAS Analytics & BI
•    Property Derivatives
•    Risk Manager Talent Pool
•    Lloyds Banking Group
•    Risk, Regulation & Reporting
•    Monte Carlo Simulation, Excel and Model Risk
•    Commonwealth Bank Alumni
•    myhq - My HeadQuarters
•    Quant Linked Group (QLG: Wall Street Quants)
•    Basel II | CEBS

Yong-Long Lai’s Honors:

Study Abroad Bursary - 2003
Dux in Economics (Year 12) - Willetton Senior High School (1999)
Dux in Economics (Year 11) - Willetton Senior High School (1998)

Yong-Long Lai’s Contact Settings

Interested In:

• career opportunities
• consulting offers
• new ventures
• job inquiries
• expertise requests
• business deals
• reference requests
• getting back in touch