Manager,Risk Modeling and Monitoring

2 days ago

Bengaluru, Karnataka, India HSBC Full time ₹ 12,00,000 - ₹ 36,00,000 per year

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 Manager,Risk Modeling and Monitoring

Business: Analytics

Principal responsibilities

The incumbent would be responsible to validate both decision models and regulatory models (Basel) for the HBEU region using traditional and Machine Learning techniques, and socialize and explain them to a technical as well as non-  technical audience to gain buy-in and approvals.Good knowledge of model validation process (Deliver Analytical projects like Model remediation, re-alignment, model assessment etc). Work with IMR, Governance committees to ensure Model receives a Fit for Purpose rating.  The incumbent would be expected to effectively explain the trends, adding meaningful insights on the back of relevant business knowledgeAbility to coordinate with various risk functions to gain business insight, improve productivity by streamlining processes, assure quality deliverablesEnsure 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

Qualifications

Master's Degree in Mathematics or statistics, Statistical Modeling, Computational Finance, Economics or related field and a minimum of 2+ years of Model Risk Management experience, preferably in the financial services industry Conduct statistical analysis to evaluate risk  Hands on experience in SAS/ SQL/Advance Excel.Must have a demonstrated analytical approach to complex processes Good organizational, analytical, problem-solving and verbal and written communication skills. Good time management with the ability to multi-task and work in a deadline-driven, multi-faceted environment. Stay abreast of industry best practices, procedures, and techniquesExplain quantitative concepts to a non-quantitative audienceAbility to work in cross-functional teams. Strong interpersonal skills and drive for success.

What additional skills will be good to have?

Prior risk modeling/risk model monitoring experienceExpertise in Excel VBA and any of the data visualization platform – Qliksense (good to have)Experience in statistical model development/monitoring/ validationExperience in Python

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***

  • Model Risk Analyst

    2 weeks ago

    Bengaluru, Karnataka, India JPMorgan Chase Full time ₹ 8,00,000 - ₹ 12,00,000 per year

    As a Model Risk Program Analyst in Model Risk Governance & Review you will be conducting review and governance activities related to Compliance Anti-Money Laundering and KYC.Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase strong and resilient. You help the firm grow its...

  • Risk Model Production and Monitoring Execution Analyst II

    2 days ago

    Bengaluru, Karnataka, India Citi Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Job Summary:The Model/Analysis/Validation Analyst II is a developing professional role focused on applying specialized knowledge to monitor, assess, analyze, and evaluate processes and data related to risk management. This role involves identifying process gaps, adhering to operating procedure, interpreting data to make recommendations, researching...

  • Fraud Model Monitoring

    5 hours ago

    Bengaluru, Karnataka, India CG-VAK Software & Exports Ltd. Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    We are seeking a highly skilled and motivated Fraud Analytics and Machine Learning Enthusiasts to join our team. In this role, you will validate, monitor, document cutting-edge machine learning models and provide analytics solutions to detect, prevent, and mitigate fraud across banking products and services. The ideal candidate is passionate about leveraging...

  • Senior Manager-Model Risk

    1 week ago

    Bengaluru, Karnataka, India Mashreq Careers Full time ₹ 8,00,000 - ₹ 24,00,000 per year

    Senior Manager - Model Risk ManagementThe primary role of the incumbent is to conduct and manage the end-to-end validation and governance of models across the bank, in line with regulatory requirements. The role requires regular coordination with stakeholders, management of the Model Oversight Committee, maintenance of the model inventory, and...

  • Model Risk Officer, Director

    2 weeks ago

    Bengaluru, Karnataka, India NatWest Group Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Join us as a Model Risk OfficerIn this key role, you'll support the bank-wide policy covering the governance and control of model risk, developing, maintaining, and promoting the risk appetite setting for model riskYou'll validate credit risk models used in credit decisioning and capital computation and ensure they are fit for purpose while providing...

  • Model Risk Officer, Director

    2 weeks ago

    Bengaluru, Karnataka, India RBS Full time ₹ 15,00,000 - ₹ 30,00,000 per year

    Join us as a Model Risk OfficerIn this key role, you'll support the bank-wide policy covering the governance and control of model risk, developing, maintaining, and promoting the risk appetite setting for model riskYou'll validate credit risk models used in credit decisioning and capital computation and ensure they are fit for purpose while providing...

  • Model Risk Governance and Review Associate

    3 hours ago

    Bengaluru, Karnataka, India JPMorgan Chase Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    MRGR (Model Risk Governance and Review) is a global team of modeling experts within the firm's Risk Management and Compliance organization. The team is responsible for conducting independent model validation and model governance activities to help identify, measure, and mitigate model risk in the firm. The objective is to ensure that models are fit for...

  • Model Risk Governance and Review Associate

    4 days ago

    Bengaluru, Karnataka, India JPMorganChase Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    JOB DESCRIPTIONMRGR (Model Risk Governance and Review) is a global team of modeling experts within the firm's Risk Management and Compliance organization. The team is responsible for conducting independent model validation and model governance activities to help identify, measure, and mitigate model risk in the firm. The objective is to ensure that models...

  • Model Risk Program Analyst

    2 weeks ago

    Bengaluru, Karnataka, India JPMorgan Chase Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities.  Our culture in Risk Management...

  • Regulatory Model Monitoring Execution Analyst II

    2 days ago

    Bengaluru, Karnataka, India Citi Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    The Model/Anlys/Valid Analyst II is a developing professional role. Applies specialty area knowledge in monitoring, assessing, analyzing and/or evaluating processes and data. Identifies policy gaps and formulates policies. Interprets data and makes recommendations. Researches and interprets factual information. Identifies inconsistencies in data or results,...