Senior Analyst

Job descriptionBusiness GRA WCR Model Monitoring MREO - Model Risk Evaluation and Oversight Open positions 1Role Title Senior Analyst Manager - Decision Sciences GSCsGlobal Career Band GCB 6 2 6 3Location Country city R C GRA KolkataRecruiter Name Anitha AllimandadiThe Opportunity Purpose of Department Global Business Global Function GRA Global Risk Analytics part of Risk Compliance India CoE is one of the key sub-functions within Global Risk providing analytics solutions and regulatory capital model support for Global Businesses in domains of wholesale credit risk traded credit and market risk treasury risk and operational risk The function focuses on risk model development monitoring quantitative impact study model maintenance and performs the role of 1st line of defense with respect to model risk Global Business Global Function - Sub-Function WCR Model Monitoring GRA Wholesale Credit Risk Model Monitoring team MREO is a centrally managed team within R C India CoE that is responsible for monitoring performance and define future action for all Regulatory Capital models IRB and portfolio Impairment models IFRS9 ECL within Wholesale business for HSBC The team also carries out monitoring of all Stress-testing models applicable within Wholesale business Additionally this team is responsible for Governance and Controls for WCR models across all regions countries The team is a critical part of FLOD from Model Risk perspective and is essential in meeting Regulatory and Audit requirement for the business Throughout the year the team supports several Regulatory reports like EBA Benchmarking Pillar 3 submission etc What youll do Decision Sciences job family is structured to address business problems with quantitative solutions like building of predictive algorithms forecasting scenario simulations etc Members of this Job Family are differentiated by their capability of converting a business problem into a quantitative construct solve it with available statistical mathematical methods following the right rigour engage with IT to implement and finally interpret the model outcomes in business language The range of business problems may cover areas of business growth improving customer experience limiting risk exposure capital quantification enhancing internal business processes etc They are required to as necessary embed agile exploratory practices into their approach justify the choice of appropriate methods to various internal and external reviewers This talent group is expected to keep themselves apprised of latest developments and industry practices around emerging methodologies techniques etc and bring those in-house by applying them for better outcomes A decision sciences job family member should be able to - Apply relevant analytical methods algorithms to get actionable insights from HSBC s internal both structured and unstructured and external data sources Partner with IT Data Engineering teams to create deployment road-map Provide actionable solutions with clear articulation of recommendations for the business stakeholders across geographies Independently manage delivery of analytics projects by working with business partners across regions geographies Actively contribute in innovative analytical solutioning for improved business performance Role This role will be responsible for supporting GRA Wholesale Model Monitoring unit in the following capacities Perform Model monitoring activities related to IRB IFRS9 ECL or ST models for all Wholesale portfolios across the Globe Support regulatory and audit submissions as on when required The individual is also required to work on key projects within Model Monitoring function and drive changes as on when required You would need to Interface with senior stakeholders across Wholesale Risk Multitask on simultaneous engagements on controls governance activities for Wholesale Credit Risk Work closely with senior onshore team members in executing specific tasks and projects Provide support in various activities with WCR Model Monitoring team Management of Risk Internal Controls Compliance The jobholder will 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 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 RequirementsWhat you will need to succeed in the role Skills Experience Required At least 2 years 4 Years for Manager of relevant work experience of using statistical concepts and or machine learning models to solve complex business problems Preferably at least 1 2 years of work experience related to Credit Risk in Financial domain At least Master s degree in Mathematics Statistics Economics Engineering Computer Science Management or other quantitative fields of study Proficiency in SAS R Python and MS Office tools like Excel PowerPoint Business problem solving skills is essential Strong business acumen with out-of-the box thinking to drive improved business performance Strong stakeholder management skills and seamless delivery of analytics initiatives across markets Excellent written and verbal communication skills Ability to develop and effectively communicate complex concepts and ideas Strong knowledge and understanding of financial-services banking-operations Further Information can be obtained from Snehangshu BanerjeeAdditional Information Specific Skills If Any Want to apply All applicants must have successfully completed their probation period Employees must meet performance and behavioral standards as defined in the policy Applicant should not be on a corrective action plan disciplinary action in the last 6 months or any other performance action as on the date of application All existing applicants should have served at least 18 months and should have successfully completed respective learning curve tenure Application form should be submitted along with the current CV All the completed applications should be submitted online by 11 59 pm on the closing date Youll achieve more at HSBCHSBC 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 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