HSBC Group

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=4688&company=hsbcholdin&st=BCE103C456824C23047ABC29F140C67A3CABB90C

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.

Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.

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 individual to join this team in the role of Impairment and Stress Testing Analytics Manager.

The Impairments and Stress Testing Analytics Manager will be part of the GRA Wholesale Risk Analytics team.

This role will assist in the development and maintenance of Wholesale Credit PD, LGD, EAD methodologies and models for use in IFRS9 impairments, Stress Testing and portfolio management. The successful candidate will be an SME on the development of models and will strive to implement these in line with internal and external policies.

In this role, you will:

•    Support the development and enhancement of Wholesale Credit PD, LGD, EAD and impairment projection models.
•    Be heavily involved in model governance and will focus to ensure that the models are accurate and are well rated by Independent Model Review.
•    Thoroughly liaise and present to senior stakeholders on how models should be used and how to interpret the model outputs.
•    Support the implementation of these models and methodologies in the Finance owned execution platforms.
•    Code Wholesale Credit PD, LGD, EAD models using Python and SAS.

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

•    Strong Knowledge and experience in programming in Python and SAS.
•    Experience in Credit risk modelling (IRB or IFRS9/ST).
•    Understanding of model governance and controls.
•    Prior experience in Impairment or Stress testing in Retail or Wholesale Credit Risk.
•    Ability to communicate with senior stakeholders in a clear and concise manner.

The base location for this role will be London and with a hybrid working pattern.

If you are an HSBC Contractor and wish to apply to this role, click here. 

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 click on this link.

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).