HSBC Group

GCB 4

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If you’re looking for a role that will help you stand out at HSBC, take a look at how you can fulfil your potential.

Regulatory Compliance ensures adherence to applicable regulations and standards by setting the policies which cover HSBC’s regulatory requirements, and mitigate conduct and reputational risk issues. The team strives to remain ahead of the regulatory change agenda and ensures the business understands the implications and is prepared for change. It monitors how the Global Businesses and Functions manage their responsibilities with regard to complying with the regulations and helps resolve compliance deficiencies.

We are currently seeking a high calibre professional to join our team as a Senior Retail Risk Analytics Manager.

Principal Responsibilities

This role is to assess Retail Risk Model performance and use test to support business growth and risk management for HBAP retail credit portfolios that will be compliant with regulatory requirements/group requirements.

In this role you will

• Ensure successful implementation of Basel III reforms for UK PRA, Hong Kong HKMA and local regulatory reporting.  Support regulatory reporting and analytics to identify potential data defects or system issues
• Communicate with relevant stakeholders on Basel III implementation change requirements, User Acceptance Testing (UAT) and deliverables. Ensure implemented output comply with group policies and standards as well as Basel III regulatory requirements. Be able to communicate and present effectively the credit risk model and solution to senior management, country teams and business teams
• Provide insights through the advanced analytics and Big data
• Be able to build risk model independently that will be compliant with regulatory requirements/group requirements and global modelling standards. Support 2LoD or 3LoD review by model risk management teams and audit teams
• Review and challenge of the model monitoring results regularly to ensure model performance issues are identified and remediated timely
• Be responsible for data quality assurance for all Basel data in implementation and ongoing data quality monitoring. Review, challenge, identify possible data quality issues and provide data remediation requirements. Justify the findings and present results in management forum
• Identify, classify, define and document in the appropriate data inventory system the data definition, trusted data sources of the input data variables for critical in-scope business data elements
• Establish change control procedures including full audit trails of processes / system changes. Formula end to end data management framework and process for on-going data quality control for both model input variables and model output variables used for risk reporting

To be successful you will need

• Bachelor’s or master’s degree in statistics or business related discipline
• Moderate years of experience in data quality management and or credit risk management in retail banking environment
• Good understanding of regulatory capital model and regulatory requirements for capital reporting
• Experience in tools like SAS, Python and other high-end analytical tool
• Strong planning, analytical, communications, decision making, influencing, interpersonal and project management skills
• Ability to effectively influence and communicate across various business lines and units at senior levels within the organization

When applying, please submit a full resume and attach your appraisal reports for the last two performance years. Your local internal application policy should be followed. For internal applicants in Hong Kong with less than twelve months in their current role, please also obtain and enclose the endorsement from your current line manager in the application as well; for more information you can visit HRDirect and search for content "HKG: Do I need any approval to look for internal career opportunities?".

Opening up a world of opportunity

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.