HSBC Group

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 Testing

Principal responsibilities

• Work as part of the global Strategic Planning & Stress Test (SP&ST) team to help deliver regulatory submissions and stress testing exercises such as the PRA SST, GIST, CCAR, RST and CBES as well as any additional ad hoc requests from senior management.
• Will support in developing analytical tools, models to provide insights into the bank’s performance under stress.
• Will develop programs in SAS/Python / R that support the various stress test exercises.
• Will involve succinctly summarizing approach and outcomes of analysis, including any key assumptions and/or limitations.
• Will involve use of the main data systems related to stress testing and exposure to related systems and platforms will be an added advantage.
• Will extract data from the main data systems for use in analysis, and be involved in data preparation, management, and analysis.
• Work with multiple customers/functions on multiple projects simultaneously and deliver in a timely, efficient and effective manner.
• 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 as guided by the line manager and be able to demonstrate compliance with Internal controls

• Bachelor’s degree in numerate subject, e.g. mathematics/ statistics/ economics or equivalent experience; Master’s degree 
• Prior exposure in stress testing and / or impairment reserves.
• Good conceptual understanding of Retail Credit Risk, Basel and IFRS regulatory policies & principles is required
• Technical skills of SAS, VBA, Qliksense, Tableau will be added advantage
• 4 plus years’ experience required in banking, preferably Risk management
• Relevant experience in fields like Credit Risk & Basel, Loss Forecasting / Reserving, IFRS9, Stress testing etc.
• Strong organizational, problem-solving and verbal and written communication skills
• Strong analytical skills
• Ability to work in cross-functional teams. Strong interpersonal skills and drive for success

You’ll achieve more at HSBC

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.”

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