Job Description
Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.
HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.
We are currently seeking an experienced professional to join our team in the role of Manager - Stress Test Modelling
Principal responsibilities
- Develop best in class financial/statistical/analytical/ML models and deploy these across various products & portfolios.
- Hands-on involvement across the various stages of modeling life cycle like defining model scope to model development, validation, testing, documentation, scenario analysis etc.
- Generate quality modeled output for the consumption of senior business leaders & regulators. Translate model outputs into forecasted business outcomes and explain them to business stakeholders.
- Providing analytical solutions by drawing linkages between model outcomes, portfolio specific nuances and internal and external regulations
- Supporting development and deployment of new tools and modelling techniques – Python, R, Machine Learning solutions, cloud (preferred) to live business problems on a day-to-day basis.
- Drive business benefits through self-initiated projects. Act as a Subject Matter Expert (SME) in modeling. Ability to work hands-on on analysis, projects and coach peer/ junior analysts on technical (SAS, Python, R, excel, data understanding, modelling techniques) and/or functional areas.
- Ensure adherence with all the applicable compliance policies (Data security policy, AML, operational risk, Functional manual, Group Compliance Manual, Audit recommendations, Internal Control requirements, regulatory guidelines etc.) and business standards of Organization as applicable. Take timely action on Audit comments and be able to demonstrate compliance with Internal controls
- Stay on top of changing regulatory needs, reporting standards and understand their impact on the models
- Work with multiple stakeholders/functions on multiple projects simultaneously and deliver in a timely, efficient and effective manner, while understanding the overall objective.
- Manage relationship with key stakeholders in the Business (Onshore and Offshore) to build confidence in team, facilitate migration of additional responsibilities to team and enable stakeholder’s investment in development of the tea
