HSBC Group

Head of Corporate Models and Methodology - Risk and Compliance

If you are a UK or CIIOM based employee, please apply using the following link which will take you to our new Recruitment System: https://performancemanager.successfactors.eu/sf/jobreqpvt?jobId=8290&company=hsbcholdin&st=375D25B05B4C6BBA7A8C2752C3AF3472F7572554

If you’re looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge, and develop your skills. Bring your knowledge of our brand to a new role and grow yourself further.    

A move across the business allows you to continue to access tailored professional development opportunities, and our fantastic benefits packages.

We are currently seeking an experienced individual to join this team in the role of Head of Corporate Models and Methodology.

As Head of HBUK Corporate Models and Methdology your main responsibilities will be to manage the HBUK Corporate models and the associated IRB Corporate modelling methodollogies.

The HBUK Corporate models include the HBUK LBO PD model, the HBUK Middle Market and Wholesale SME PD models, as well as the HBUK Middle Market and Wholesale Small and Medium Enterprise EAD and LGD models. You will be accountable for the relationship with the internal and external stakeholders from the rest of the analytics community, such as Independent Model Review (IMR) and Model Risk Management (MRM), UK  business and Risk representatives, as well as LIBRA program management. You will be also accountable for defining via the IRB Methodology Committee the modelling methodologies for IRB models covering Corporate portfolios.

In this role, you will: 

•    Led, develop and manage a team of manage a team of 20+ modellers based in the UK as well as in the analytics centres of excellence in India and Poland.
•    Take responsibility for the modelling methodology related to the IRB models for Corporate Portfolios, such as Mid Market, Wholesale Small and Medium Enterprise and Leverage Buy Out portfolios.
•    Be accountable for ensuring that HBUK models for Wholesale Credit Risks are fit for purpose and are compliant with the appropriate regulations and industry standards.
•    Deliver the Wholesale IRB models for HBUK Corporate portfolios to meet the regulatory commitments of HSBC as part of the PRA PSM Remediation program.
•    Oversight the application of the corporate modelling methodologies across the other HBSC locations

To be successful in this role you should meet the following requirements: 

•    Expertise in quantitative analytics and use of sophisticated tools for numerical analysis and computer programming (e.g. R/Python/Matlab/SAS). 
•    Knowledge of credit risk and portfolio management, wholesale credit & lending business and products
•    Strong understanding of Wholesale credit risk parameter modelling and their use in capital, ECL projections and Stress Testing. 
•    Strong knowledge of relevant IRB regulations and accounting standards.
•    A master’s or PhD degree in a quantitative discipline like Science, Engineering, Mathematics, Statistics, Quantitative Engineering would be beneficia

The base location for this role is London – Hybrid working 

To support you with putting your best foot forward for our internal opportunities, you are invited to take advantage of our CV and Interview workshops, hosted by our Talent Acquisition team. To find out more and register to attend please copy and paste this link into your browser.
SuccessFactors Learning: Item Details for CV and Interview skills Classes (plateau.com)

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: hsbc.recruitment@hsbc.com
Telephone: +44 207 832 8500

You can find out more about the recruitment journey and what to expect by viewing our Recruitment Process FAQs in HR Direct and by clicking here (only available via internal access).