Job Advert Details
Some careers shine brighter than others.
If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Your career opportunity
The GRA Traded and Operational (TnO) Risk Analytics team specialises in models for assessing trading book risks and operational risk, with a particular focus on Credit, Interest Rates, Equity, and FX asset classes. This encompasses market risk, credit counterparty risk, and stress testing models. With team members based in London, New York, Paris, Kraków, and Hong Kong, the team is responsible for both the development and First-line-of-Defence validation of these models. We support risk reporting for the entire HSBC Group and collaborate closely with regional GRA teams to address local risk reporting requirements.
This position is based in Kraków and is responsible for supporting the Americas, overseeing and maintaining risk models and methodologies managed by the GRA TnO team in the United States and Latin America.
This is an exceptional opportunity to join a team of quantitative analysts at one of the world’s leading financial institutions.
What you’ll do
- Evaluate and validate the effectiveness of risk models by leveraging real-world data.
- Develop a thorough understanding of model features, underlying assumptions, and limitations; design appropriate validation methodologies, identify relevant market data, and execute validation activities.
- Identify opportunities for process improvement, automation, and the strengthening of internal controls.
- Prepare documentation of model enhancements, ensuring alignment with onshore regulatory standards.
- Contribute to a range of ad hoc projects as required.
- Clearly communicate the modelling approach to both internal and external stakeholders, using accessible, non-technical language.
- Support the ongoing integration and application of risk models within the business-as-usual risk management framework.
What you need to have to succeed in this role
- PhD, MSc, or BSc in Quantitative Finance, Physics, Mathematics, or a closely related field.
- Demonstrates a robust grasp of financial mathematics, analysis, statistics, and linear algebra.
- Well-versed in risk measurement methodologies, derivative instruments, and their pricing mechanisms.
- Proficient in Python, with the ability to apply technical skills to financial modelling and analysis.
- Exhibits an open and collaborative approach, complemented by strong written and verbal communication skills in English.
What we offer
The pay range for this role is 4500 PLN (monthly, gross).
Variable pay is discretionary, but influenced by Group performance, business/function performance and individual performance.
We offer a comprehensive and competitive package of benefits covering healthcare, family friendly leaves, pension and life assurance, as well as many other benefits to support your wellbeing.
Variable pay is discretionary, but influenced by Group performance, business/function performance and individual performance.
We offer a comprehensive and competitive package of benefits covering healthcare, family friendly leaves, pension and life assurance, as well as many other benefits to support your wellbeing.
- 3 months paid internship in a professional team and international environment.
- Training and introduction to the Traded Risk activities/models.
- Consistent scope of responsibilities and guidance.
- Flexible working arrangement (part time, working from home).
- Interesting path of a career in an international organization.
- Outstanding interns are offered permanent roles after completion.
If your CV meets our criteria, you should expect the following steps in the recruitment process:
- Zoom interview with the hiring manager
- We are looking to hire as soon as possible so don’t wait and apply now!
- You'll achieve more when you join HSBC.
We thank all interested candidates for their applications. We reserve the right to contact only selected candidates.
In case you would like to resign from participation in recruitment process or withdraw previously sent to us application, please email us at: krakow.recruitment@hsbc.com
Recruiter name
Monika Pietranek
Recruiter email
monika.pietranek@hsbc.com