HSBC Group

Business: Wealth and Personal Banking

Open positions: 1

Role Title: AVP-Business consulting GSC’s

Global Career Band: 5

Location (Country / City): Kolkata/Bangalore

Recruiter Name: Imran Waheed

Why join us?

• A mature analytics capability, the Global Analytics Center (GAC), is a hub of advanced analytics competency, providing high-end analytics services across global businesses and global functions. Set-up in India in 2004, GAC has matured into a shared Centre of Excellence comprising 2000+ professionals with offices in Bangalore, Kolkata, Guangzhou and Krakow. The work done in GAC forms a vital input towards strategic planning by the senior management for businesses and enables effective decision making along with addressing unforeseen challenges.
• GAC is an innovative community leveraging the best of data and analytics capabilities to enable smarter decisions and drive profitable growth. Rightly positioned in the two major intellectual hubs of India, Poland and China, it attracts a rich mix of resources across business consulting, data analysts, decisions scientists and advance analytics professionals. Being in these locations also enables HSBC to leverage talent from the rich academic and start-up ecosystem to keep up to date with the latest in the industry.
• Today, the GAC team generates value across the group through a wide variety of data and analytic solutions and related business consulting. GAC has become a one-stop shop for the group’s analytic needs leading the integration of analytics and data-driven decisions not only in traditional areas such as Risk, Retail, Wholesale, Private & Commercial Banking but also in new domains such as Regulatory, Operations, Procurement, Human Resources, and Financial Crime Risk. It provides support to various business groups and the job involves data analysis, model and strategy development & implementation, Business Intelligence, reporting and data management.
• There are primarily four job families in GAC: Decision Sciences, Information Management, Business Consulting and MI Reporting. This role applies to the Information Management job family within the Analytics function supporting various businesses and functions
• 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.
• Global Analytics Centre (GAC) provides support to various business groups and functions to drive analytics in decision making. The job responsibilities include data analysis, design, validation and calibration of credit, market and operational risk models. In addition, GAC also supports credit risk strategy development and implementation, monitoring and validation. This forms the basis for strategic planning by the senior management for businesses and enables effective decision making to satisfy business needs and requirements along with addressing unforeseen challenges.
• Credit Risk Strategy team is a key functional area within Retail Risk Analytics. The function supports Development, Deployment support and Monitoring of Strategies in Unsecured retail portfolios.
• The principal responsibility of this role relates to the Unsecured business. The position will report into the SVP/VP - GAC Strategy & PI and will be responsible for all Unsecured Credit Risk Strategy related activities along with some wider Unsecured level strategic initiatives from GAC.

The Opportunity:

The role involves developing, enhancing and implementing Credit Risk Strategies for Unsecured Products of the MENAT Region to meet Regional Growth & Derisking objectives. The role also entails regular monitoring of existing strategies, reviewing portfolio and finding opportunities for further improvement (growth / risk-control). This role will entail oversight, project management & planning, thought leadership & the requirements include (but not limited to):

• Hands on experience in SAS/SQL is must 
• Provide strategic and analytical support to the region, and design analytical solutions which are key enablers of growth for a Region while remaining within the Risk-appetite, and ensuring adequate risk controls. This is to be done by understanding the business problem / context, and translating them to analytical solution based framework.
• Development of Collections Strategy and Lead Collections Analytics processes and Projects for MENAT portfolios.
• Good understanding of different credit risk scores like Application Score, Bureau Score, Behavior Score etc. and its relevance in various credit risk strategies
• Knowledge of Acquisition and Portfolio Management front-end and back-end system knowledge where the strategies are deployed is good to have
• Understanding of all different risk functions and its relevance in strategy development
• Fundamentals of different unsecured lending products
• Monitor and evaluate effectiveness of risk strategies, and continuously assess opportunities of improvement through hypothesis / champion-challenger framework
• Develop hypotheses and profitable growth scenarios and apply the right mix of qualitative and quantitative research techniques to identify causes and devise solutions best suited to meet the MENAT Regional Risk Priorities
• Conduct portfolio reviews/ analysis and provide insights/ share best practices across regions that could strengthen credit control and enhance portfolio risk monitoring. Identify early warning signals and risks/opportunities in the portfolio, and come up with a solution design to address the same
• Ability to translate any new business problem to analytical solutions
• Provide support through active role in cross-functional coordination to ensure smooth and timely deployment of  risk strategies
• Negotiation with / expectation management of stakeholders on complex open-ended business problems
• Additionally, the jobholder will coordinate with the Unsecured Risk area on any analytical requirements to project manage day to day activities and ensure adherence to regulatory and governance standards.
• Keep self-updated of changes in the business / regulatory environment on an ongoing basis, so as to be able to anticipate customer needs, and support non-BAU projects / ad-hoc analysis as relevant, ensuring key takeaways are clearly articulated.
• Develop presentations that are “Business Ready”, to appropriately showcase the work done by the team, with appropriate story-telling and insightful interpretation of trends
• Critically evaluate process requirement, and streamline / automate / standardize accordingly, to bring in effectiveness and gain efficiency. Ensure release of target bandwidth.
• 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.
• Functional guidance, project management and coaching, as well as line Management of existing team

What you’ll do:

• Build Credit Risk Strategies like Approve Decline, Line Assignment, Affordability, Credit Limit Increase (CLI), Credit Limit Decrease (CLD), Authorization etc.
• Monitor Strategies mentioned above
• Lead a small team, provide guidance to the team members

What you will need to succeed in the role:

• At least 8+ years of overall Analytics Experience with prior experience in managing risk activities in retail lending
• Prior experience in development of acquisition strategy, account management strategy or strategic analysis and portfolio management would be preferred.
• Excellent quantitative & technical aptitude. Ability to solve open-ended business problems.
• Proven leadership track record in dynamic/changing marketing environments
• Ability to build strong relationships both internally and externally
• Strong communication skills.
• B.Tech or Masters or Ph. D. degree in either Economics, Statistics, Engineering or any quantitative area or MBA (with quantitative background)
• What additional skills will be good to have?
• Relevant experience in wider Risk Analytics domain, specifically in the fields like scorecards, loss forecasting, Portfolio Insights/MI etc.

Link to Candidate User Guide:

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

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Go to the below link and type “IND GSC : IJP Applicant User Guide” in search bar. https://hsbchrdirect.service-now.com/hrsp?id=hrdirect_employee_dashboard

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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