Job description
Business: Global Finance Analytics. Treasury Operations
Open positions: 1
Role Title: Manger, Finance Operations, Stress Testing GSC’s
Global Career Band: GCB6
Location (Country/City) : India- Bangalore
Recruiter Name : Kiran.
Why join us?
- Our transformation is about harnessing the very best of technology and innovation, combined with the very best of our people, to create a world class Finance team. We want to drive much better customer, control and efficiency outcomes, and retain and attract the very best Finance talent.
- Finance Analytics team under ADA provides support to various business groups and regions in the areas of Model development, maintenance & governance, data analytics and analytical solution development to support business strategy development & implementation along with driving key transformation initiatives. It forms the information basis for strategic planning by senior management for businesses and enables effective decision making to satisfy business needs and regulatory requirements.
- The position will report into VP, Head of ADA India Analytics and will be involved in model development, calibration, documentation and validation support as well as the execution of models i.e. Scenario Analytics and Modelling, translation of model outcomes into portfolio metrics.
The Opportunity:
- Supporting ADA, Analytics team whose purpose is to develop various models, complex tools and solutions and deploy them across finance
- Managing the end-to-end life-cycle for a suite of Stress test, PPNR, Treasury and other financial models and tools.
- Support model governance and ensure compliance with external regulation and internal governance processes
- Supporting transformation initiatives through development and deployment of technology based solutions using Cloud, Python, R etc. to continuously improve the process.
What you’ll do:
Principal Accountabilities KPI and Targets
Impact on the business
- 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 to live business problems on a day-to-day basis.
- Drive business benefits through self-initiatives. 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, model risk governance, 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 internal policy and regulatory needs, reporting standards and understand their impact on the models or solutions developed.
- 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 team
Process Improvements-
- Continuous review of process with the objective of improving the resource utilization, time taken and quality of deliverables
- Ideate, develop & deploy operational efficiency enhancing solutions using new tools, techniques and technology
Stakeholder Management
- Effective Relationship management with stakeholders, managing service delivery
- Continuous engagement with stakeholders on evolving business and functional requirements to work towards standardization in line with group organizational initiatives
- Establishing an effective and robust communication channel with multiple stakeholders to ensure timely flow of information and continuous feedback mechanism
- Monitoring and review of all projects with stakeholders to ensure that all stated SLAs are met.
- Influence and escalate key issues in an effective way to ensure timely resolution.
Leadership & Teamwork
- Actively support in maintaining an environment within the team which fosters knowledge sharing and open forums.
- Develop the soft skills and technical competency by putting together personal development plan.
Operational Effectiveness & Control
- Ensure all standard processes are correctly and thoroughly documented in Standard Operating Procedures (SOPs).
- Maintain service delivery of the designated finance processes per the standards set out in agreed SLAs within the HSBC operating framework taking into account key operational risk (including people & processes).
- Continuous review of processes with the objective of improving the service delivery timeframes and identify areas of improvement.
- Adherence to Group policies, audit, controls, and compliance requirements including but not limited to declaration of secrecy, data protection act, health, safety and security, clear desk policy.
- To continually assess the operational risks inherent in the processes, taking account of changing operating procedures, staff movements, legal and regulatory requirements, management restructures, and the impact of new technology.
- Effectively drive and manage change, plan business contingency and achieve cross-training.
- Ensuring business continuity plan is documented, agreed with business partner and tested as per agreed timelines
Requirements
What you will need to succeed in the role:
- Prior experience in Modeling, Data analytics and large data handling in a financial services firm
- Masters or Ph. D in Economics, Statistics, Engineering, MBA or equivalent
- Relevant experience in analytics specifically in the fields such as Credit Risk Modeling, Treasury Analytics, Stress Testing / PPNR modeling, Loss Forecasting, Reserving, IFRS 9, CECL etc. for a Banking organization
- Strong analytical skills with demonstrated problem solving and project management skills
- Ability to comprehend intricate and diverse range of business problems and analyze them with limited or complex data and provide a feasible solution framework.
- Excellent quantitative aptitude and proficiency in tools such as SAS/ sequel, R, Python (essential), etc.
- Commercial acumen – good knowledge of Banking product and its dynamics, conceptual soundness of related financial ratios, P&L and drivers.
- Ability to work in cross-functional teams with strong interpersonal skills and drive for success.
- Excellent written and verbal communication skills. Ability to develop and effectively communicate complex concepts and ideas.
- Strong relationship management skills across a diverse organization, especially with senior management
- Must have excellent attention to detail and work within tight deadlines ensuring a complete and accurate flow of information's between stakeholders.
Link to Candidate User Guide:
You’ll achieve more at HSBC
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.
HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”
***Issued By HSBC Electronic Data Processing (India) Private LTD***
Recruiter name
Kiran .
Recruiter email
kiran@hsbc.co.in