HSBC Group

Business: Commercial I&A SP&ST

Open positions: 1

Role Title: AVP, SPST GSC’s

Global Career Band: 5

Location (Country / City ): Bangalore

Recruiter Name : Kiran

The Opportunity:

Role purpose

• This position will work as Assistant Vice-President (GCB 5) within the Stress Testing Scenario Analysis team. The position will report into the VP - Stress Testing and will be responsible for designing and executing macro-economic scenarios for Climate and Capital stress testing exercises, both regulatory and internal. Key responsibilities would include design, calibration and delivery of Group and Regional Climate/Capital stress testing scenarios, managing models inventory/development, leading socialization of scenarios & results with regional stakeholder and generating insights for senior stakeholders.

Governance and Committee Memberships (membership of ExCos, Risk Management Meeting)

What you’ll do:

Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)

• Forecasting macroeconomic/climate risk scenarios using quantitative techniques and analytical tools. Lead the development of structural economic models and quantitative analysis tools.
• Address technically challenging regulatory and senior HSBC stakeholder’s requests including macroeconomic challenges using advanced quantitative techniques.
• Responsible for end-to-end execution of the process i.e. identifying issues, proposing solutions, implementation & production.
• Managing macroeconomic & market data for several economies & support projection activities for key countries.
• Attention to details and ability to make independent judgments that support decision making for senior management.

Leadership & Teamwork 

• Ensure personal integrity and adherence to established HSBC policy on conduct, compliance, and ISR.
• Builds trust of partners (onshore and offshore), juniors and seniors alike by demonstrating HSBC values & practices. Able to build strong relationships with finance and business teams.
• Actively manage team’s workload ensuring that prioritization of activities.
• Coaching and technical support to junior team members on a need basis.
• Understand team members training needs and take initiative to follow through their development plan in conjunction with line manager.

What you will need to succeed in the role:

Functional Knowledge

• 5+ years’ experience in the financial service industry which includes experience in stress testing or macro-economic scenario designing. Preferred experience with global banks, regulators and consulting relevant roles.
• Strong understanding of macroeconomics, financial market variables and its fundamentals. 
• Understanding of Regulatory Capital and Climate stress test and related regulatory frameworks.
• Post-graduate degree with relevant field (Economics/ Statistics).
• Experience in analysing and designing models to capture relationships between Global macro economy, and financial market variables.
• Strong written and verbal communication skills e.g. PowerPoint presentations to summaries and communicate analytical outcomes.
• Ability to manage multiple, ad-hoc requests, meet quick turnaround times, and manage stakeholder expectations.

Others

• Excellent coding skills in latest statistical packages/apps SAS/R/Python.
• Interpersonal skills and proven ability to work well in a team, be cooperative and open, and embrace diversity.
• Good knowledge of regulatory requirements as well as financial accounting in the Banking Industry.
• Certifications such as FRM and/or SCR or other professional qualifications.

Link to Candidate User Guide:

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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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