HSBC Group

Business: Analytics

Open positions:1

Role Title: Senior Analyst - Decision Science GSC’s

Global Career Band: 6

Location (Country / City ): India/Bangalore/Kolkata

Recruiter Name :  Geetika Gupta

The Opportunity:

• Global RBWM Retail Credit Risk manages Credit Risk associated with Retail lending products (Mortgages, Credit Cards, Loans, Overdrafts) for all countries HSBC operates in. The function is supported by several hundred analytics professionals engaged in reporting, modelling and data manipulation. As a result there are significant challenges to the effective management of data within the function requiring close cooperation with partners in RBWM and Finance.

• The Basel Modelling team is seeking a Senior Analyst for the development and Implementation of Basel models for Asia Pacific region.

The successful candidate will: -

• Form an integral part of the Basel Modelling function and will be actively involved in the development and implementation activities of Basel Models..

• Be expected to work within a global team, and show initiative in proactively overcoming obstacles to success, dealing with uncertainty and changing circumstances, project interdependencies, opportunities and risks and a complex and diverse data architecture and infrastructure / systems landscape.

• Have the ability to multi-task priorities, be self-motivated and have a can-do attitude. They will be expected to adopt an agile and flexible approach to work and have an outstanding level of professionalism and conduct.

What you’ll do:

Impact on the Business/Function

• Act as Subject Matter Expert in Basel Analytics domain developing Basel Models and working with team leads and stakeholders to deliver high quality output.

• Responsible for the development of AIRB Basel models for the estimation of PD, LGD, EAD parameters. Calculate RWA, EL and capital impacts.

• Responsible for the implementation of Basel models

• Support and complete the review of the models by IMR, Audit and Regulators with timely closure of gaps in the model

• Carry out sensitivity analysis for various business actions/strategies.

• Reporting for Basel parameters as and when required.

• Prepare model documentation with high quality and clear explanation of all analysis conducted.

• Work on multiple projects simultaneously and deliver in a timely, efficient and effective manner.

• Participate in initiatives which ensure higher efficiency (automation, training manual, etc.).

• Responsible for conceptualizing, designing and implementing QA/QC framework for identified processes and ensures adherence and constant improvement.

• 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. Take timely action on Audit comments and be able to demonstrate compliance with Internal controls

Customers / Stakeholders

• Closely aligning and managing expectation of stakeholders from a Global and Regional perspective

• Supporting the project managers, business analysts and Head of Modelling in the delivery of projects

• Assisting in definition of targeted benefits to stakeholders, and ensuring delivery is focused on providing business benefit(s)

Typical Targets and Measures

• Delivery of project requirements in line with Business and Regulatory timetables.

• Completion of key project documentation and deliverables

• Adhere strictly to compliance and operational risk controls in accordance with company and regulatory standards, policies and practices

• Adhere to IT data policies, procedures and governance framework when performing tasks so as to ensure controls are in place and departmental goals are met

• Positive customer feedback from stakeholders at all levels

• Evidence of effective relationship building at all levels

• Providing accurate and complete reporting with minimal errors

Leadership & Teamwork

• Influencing and collaborating with stakeholders and business partners, building strong relationships to ensure consensus and influencing change outcomes. Fostering open and honest communication which anticipates stakeholder expectations.

• Supporting and facilitating workshops across multiple geographies

• Pragmatic decision making capability. Structured and disciplined approach with good attention to detail, this role will require a hands on approach required and willingness to take personal accountability. This will require strong analysis skills and structure to effectively apply solutions to poorly-defined problems 

Operational Effectiveness & Control

• The successful candidate will form an integral part of Basel Modelling team and will be actively involved in the model development as per business/regulatory requirements and implementation activities

• The successful candidate will be expected to exercise independent initiative in proactively overcoming obstacles to success, dealing with uncertainty and changing circumstances, project interdependencies, opportunities and risks.

• The successful candidate will have the ability to multi-task priorities, be self-motivated and have a can-do attitude. They will be expected to adopt an agile and flexible approach to work and an outstanding level of professionalism and conduct.

• Ensuring that business requirements are fully defined and signed-off by key project stakeholders. This will require working in partnership with global and regional business teams to define, validate requirements and ensure buy-in.

Typical Targets and Measures

• Active participation and contribution at key workshops, governance forums and project related meetings

• Evidence of taking ownership and influencing relevant functional areas

• Supporting Management Information reporting to appropriate governance committee and senior RBWM Risk managers

• Conducting data analysis, model development and clearly presenting and documenting findings

• Supporting workshops to capture and agree business requirements

• Evidence of progress against plan and timely escalation of Risks and Issues

• Supporting effective project tracking

• Evidence of proactive escalation of potential risks and proposed mitigation.

Major Challenges

• Some of the major challenges associated to Basel Modelling include the following (not exhaustive):

• Working across regions and functions; challenging regulatory time scales and managing multiple requirements.

• Closely aligning and managing expectation of stakeholders from a Global and Regional perspective.

• Quickly obtaining a good overall understanding of current processes and associated customer, product and risk data, in order to provide recommendations for business enhancement.

• Understanding and supporting definition of targeted benefits to stakeholders, and ensuring delivery is focused on providing business benefit(s).

• Working closely with delivery partners to shape the project deliverables, ensuring there are clear goals, benefits, scope, and governance and delivery structure.

• Delivering measurable improvements as a direct result of project deliverables and implementation.

Role Context

• Location of role is targeted to be in Bangalore/Kolkata.

• The role holder will be expected to support Basel Modelling team across the markets we operate in on matters of data governance and management.

Management of Risk (Operational Risk / FIM requirements)

• The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

• This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring.

•  Also by addressing any areas of concern in conjunction with line management and/or the appropriate department.

Observation of Internal Controls

• The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.

• The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply.

• This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.

Role Dimensions

• Retail Banking and Wealth Management Risk's (RBWM) goal is to strengthen and enable RBWM to grow its business in a profitable and sustainable way.

• The RBWM Risk team directly contribute to the profitability of the RBWM. This includes a wide range of activities starting with setting the risk appetite through to managing the customer through the credit risk cycle.

• RBWM Risk play a key role in ensuring RBWM products and services treat customers fairly whether sold through HSBC's global branch network, over the phone or via the web.

• There are several thousand people globally with expertise in a variety of disciplines including: credit risk management, analytics, modelling, forecasting, underwriting, wealth management risk (including insurance and asset management) risk strategy, operational risk and collections

What you will need to succeed in the role:

• Bachelor’s or Master’s degree from reputed University with concentration on marketing, finance, economics or other quantitative field such as statistics or engineering.

• Strong analytical skills with 2+ years of proven business analysis experience or equivalent. Knowledge and understanding of financial services preferred.

• Proven problem solving and analytical abilities including the ability to critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details and apply sound business and technical domain knowledge.  

• Good Knowledge of Basel concepts (PD, LGD, EAD, RWA, Capital.). Exposure to Model development or model monitoring preferred.

• Ability to comprehend intricate and diverse range of business problems and analyze them with limited or complex data and provide a feasible solution framework.

• Hands-on working knowledge of SAS. Basic knowledge on Python or other equivalent analytical tools.

• Excellent written and verbal communication skills. Ability to develop and effectively communicate complex concepts and ideas.

• Ability to work in cross-functional teams. Strong interpersonal skills and drive for success

• Sound knowledge of Relational and Non-Relational Database Platforms required.

• Knowledge of Model development, Basel, IFRS-9, Stress Testing or experience of any other Banking regulatory environment is plus.

• Communicate openly and honestly. Advanced oral, written and visual communication and presentation skills - the ability to communicate efficiently at a global level is paramount.

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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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