HSBC Group

Business: Risk & Compliance

Open positions: 1

Role Title: AVP/Lead AVP/Senior AVP, GSC's

Global Career Band: 5

Location: Kolkata

Recruiter Name :  Imran Waheed

Why join us?

• This role will be responsible for supporting Wholesale Risk Analytics and data driven decision making across the regions and Group.
• The role is expected to work towards credit risk model development which includes Regulatory as well as wholesale Economic Response Models (Stress Testing, Economic Capital and IFRS9) for multiple portfolios and business decision making (planned) in close collaboration with Business heads, Risk (WCRM), Regional counterparts, Finance, MRM & Data team.

What you’ll do:

Principal Accountabilities and Responsibilities

• This role should lead in delivering Development, validation, and maintenance of Economic Capital models.
• Expectation is to demonstrate an expertise in highly technical areas (e.g. statistical regression analysis, statistical model builds), as well as a deep understanding of the Wholesale/Retail banking business environment and its associated credit products.
• Knowledge and understanding of wholesale portfolio risk drivers, their use and impact on capital requirements; knowledge of regulatory capital and its components.
• Engage with team leads, senior management, project owners and project sponsors as well as model reviewers and approvers.
• Follow the global model standards when supporting model development, validation, and monitoring.
• Developing a good understanding of risk data flows from customer and product systems through to the finance and regulatory reporting systems
• Translating and presenting technical work into more acceptable form in order to get the stakeholders' buy-in.

Leadership & Teamwork 

• Ability to work as part of a team with key customers and stakeholders along with shouldering mentoring responsibilities.
• Collaborate with Group and Regional teams to achieve business objectives.
• Strong business acumen with out-of-the box thinking to drive improved business performance.
• Strong stakeholder management skills and seamless delivery of analytics initiatives across markets
• Proven ability to take ownership of and solve complex data related issues; Business problem solving skills is essential.
• Ability to develop and effectively communicate complex concepts and ideas

What you will need to succeed in the role:

• Relevant analytics experience in banking domain / IFRS9 risk analytics/ Stress testing
• Good exposure to credit model methodologies data requirement for Credit Risk modelling
• Knowledge of Economic Capital and/or predictive model development would be a plus
• Decent understanding and interpretation of regulatory rules
• Strong coding skills in Python, R, SAS, Matlab, SQL etc. would be essential. Certifications like FRM, CQF or SCR will be preferable.

What additional skills will be good to have?

• Continuous adaptation to business environment under constant and occasionally dramatic change in response to the economic environment, updated regulations, and changing business tactics.
• Developing sufficient comprehension of existing processes, systems, and business practices required to recommend and implement future solutions.
• Dependencies upon teams and functions outside of immediate area of responsibility
• Contribute to a team consisting of onshore, offshore and global remote staff.
• Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues.  
• Promote an environment that supports diversity and reflects the HSBC brand.
• Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
• Understands and ensure compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which jobholder is involved.
• Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators. 
• Implements the Group Compliance Policy as applicable to this role.
• Aware of the Operational Risk associated with this role.  All actions undertaken during their employment with HSBC must take account of the likelihood of operational risk occurring.
• Implement the Group compliance policy locally by managing compliance risk in liaison with the Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer, ensuring adequate compliance resources and training, fostering a compliance culture and optimizing relations with regulators.

Link to Candidate User Guide:

https://hsbchrdirect.service-now.com/nav_to.do?uri=%2Fhrsp%3Fid%3Dkb_article_preview%26sys_id%3D0c6b11641b6a9810cec0553a2d4bcb2a

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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