HSBC Group

If you’re looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you’ll be.

We are currently seeking an experienced professional to join our team in the role of 

Model development Manager

Role purpose:

If you’re critical thinker and passionate about technology-enabled business agility, resilience, and digital experience, while anticipating and help overcome associated risks, this is the role for you. As part of a diverse and seasoned team of technology and cybersecurity specialists, focused on governance, risk, controls (GRC) is a high visibility role that reports to US Head of Tech & Cyber Risk in Operational Resilience. You’ll have the opportunity to apply and grow your expertise to provide advisory, credible and insightful challenge to designated areas of first line operations, enhancing HSBC’s digital (CIO/CTO) and cyber (CISO) functions and operations. You will be collaborating with extended Global teams.

Main activities: 

Global Risk Analytics plays a vital role in the measurement and assessment of financial and non-financial risks for the bank.  We utilize sophisticated models to provide analytical solutions and tools to quantify key risk metrics used to inform business decisions and meet regulatory and financial reporting obligations. Regulations continue to evolve with various model risk management focused initiatives, stipulating wide-reaching changes for assessing model risk management throughout the model life cycle. A fine balance is needed to adhere to regulatory changes and support to achieve our strategic objectives.

Principal responsibilities include:

•  A-IRB model development for US wholesale portfolios
• Work closely with model monitoring team to understand the model performance results and take necessary actions to improve any deterioration in model performance
• Extensive support in creation of Reference Data Set (RDS) which will be used for model development, calibration or model monitoring
• Work on data migration and scorecard migration projects
• Actively involved in model implementation activities
• Work with finance teams to improve and streamline the RWA process to be in line with the regulatory permissions
• Significant involvement in various activities required to meet internal model risk governance requirements
• Support business user teams to run scorecard for deals and support them in understanding the scorecard outcomes

• 2-5 years of wholesale credit risk model development is desired which includes developing predictive models leveraging statistical and (or) machine learning methods to solve complex business problems or estimate credit risk metrics
•  At least Master's degree in a quantitative discipline, e.g. Mathematics, Statistics, Economics, Computer Science, Data Science
• Experience in quantitative analytics and use of sophisticated tools for numerical analysis or process automation, additionally working knowledge of computer programming and tools (e.g. Python/Matlab/SAS, MS Excel) would be ideal
• Knowledge on regulatory requirements and industry best practices in model risk management along with experiences in wholesale credit risk model performance monitoring and model assessment projects are desired
• Should be able to work both individually and collaboratively in teams
• Must be proficient in English as the jobholder will work closely with a multicultural team placed in several countries (US, India and UK)
• Strong communication and presentation skills (both verbal and written) and ability to develop and effectively communicate complex technical concepts and ideas to non-technical/analytical recipient is a must.
• Strong interpersonal, organizational skills and willingness to work under pressure and tight deadlines.
• Highly detail oriented as it is needed to work with different regulatory requirements, policies, procedures etc.u’ll achieve more when you join HSBC!

At HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care

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.

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 HSBC Electronic Data Processing (México) Private LTD***