Prior to joining NTU, Professor Chong worked in the industry as the Head of Research at BNP-PrimeEast (Malaysia) and Alor Star Securities, and as Senior Banking Analyst at Nikko Securities. He had also previously taught at Washington University and the University of Dayton.

Professor Chong’s areas of expertise are in Banking and Corporate Finance. His research articles are published in The Review of Economics and Statistics, Financial Management, Journal of Banking and Finance, Journal of Empirical Finance, Journal of Business Finance and Accounting, Review of Quantitative Finance and Accounting, Journal of Multinational Financial Management, Pacific Basin Finance Journal, and Advances in Pacific Basin Financial Markets.

Professor Chong’s paper on “Islamic Banking: Interest-free or Interest-based” is among the Most Downloaded articles in the Pacific-Basin Finance Journal. His research on “The Financing Structures of Firms with Poor Corporate Governance” received a Best Paper Award at the 2007 International Conference on Economics, Finance and Accounting in Taiwan. Another paper on "The Impact of Universal Banking on the Risks and Returns of Japanese Financial Institutions," won the Chicago Board Options Exchange competitive research award at the PACAP Conference in 1995.

Professor Chong is recognized for his teaching excellence. He received the Teacher of the Year Award for the MSc in Asset & Wealth Management (MAWM) program in 2023, Nanyang Fellows MBA program in 2013, and the MBA (B&F) program in 2009. And, in 2001, he received the Best Teacher Award for the Banking & Finance Division at Nanyang Technological University.

Besides teaching and research, he is presently the Academic Director for the Master in Asset and Wealth Management (MAWM) program. Previously, he also served as the Deputy Director for the Renaissance Engineering Programme (REP) in 2000 and the Program Director for NTU’s MBA (Banking & Finance) program from 1999 to 2007. He was on the Editorial Board of the Capital Markets Review (published by the Kuala Lumpur Stock Exchange) from 1996 to 1999.