Manager,Risk Modeling and Monitoring

20 hours 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***

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