Only 24h Left Senior Analyst

Job description Some careers have more impact than others If you re looking for a career where you can make a real impression join HSBC and discover how valued you ll be HSBC is one of the largest banking and financial services organisations in the world with operations in 62 countries and territories We aim to be where the growth is enabling businesses to thrive and economies to prosper and ultimately helping people to fulfil their hopes and realise their ambitions We are currently seeking an experienced professional to join our team in the role of Senior Analyst - Decision Science Principal responsibilities Undertake model validation and testing activities as dictated by the Global Model Risk Policy including the assessment of model inputs calculations reporting outputs conceptual soundness of the underlying theory and the suitability of the use for its intended purpose relevance and completeness of data qualitative information and judgements documentation and implementation of the model Provide written reports detailing the results of validations highlighting issues identified during the validation Validate remediation activities completed by the ILOD to ensure appropriate resolution of identified issues Communicate technical model related information and results to Model Owners and Model Users through the course of a validation Contribute to management regulatory and external confidence in all models used across the group Deliver high quality timely validation reports that add value to the business Requirements Experience on Retail Credit Risk model development validation specifically comprising stress testing models example CCAR PRA etc and reserving models such as CECL and IFRS9 Preferably familiar with different Retail PD LGD EAD model development methodology and its validation for different retail portfolios such as Credit Cards Mortgage PIL etc Strong statistical knowledge with hands on working experience in various modelling techniques such as linear regression logistic regression time series modelling survival models etc Sound understanding of different Retail portfolios such as Credit Cards Mortgage PIL etc Familiarity with OCC FRB EBA ECB UAE Guidelines and PRA regulations and knowledge of Risk models performance metrics and risks and associated issues Some knowledge of internal procedures and local regulations and those of other country regulators would be an advantage Minimum 1-5 years of experience of model validation development experience in Risk Management in Retail domain Experience with some statistical modelling software programming language e g SAS Python R Matlab C VBA Experience of developing and reviewing models throughout the customer lifecycle and conducting independent model reviews is beneficial Good written and verbal communication skills Team-oriented mentality combined with ability to complete tasks independently to a high-quality standard Master s or PhD degree in a quantitative discipline like Financial Mathematics Statistics Econometrics Quantitative Finance Economics or Engineering Support the management of model risk across a large complex banking group and manage model risk whilst significant transformational activity is being implemented both regionally and globally 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 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 India Private LTD