Associate Director,WCR Analytics

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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 Associate Director,WCR Analytics

Business: Risk & Compliance

Principal responsibilities

This role reports into Senior VP for GRA India Wholesale Credit Risk Analytics, who would be leading the initiative from GRA perspective.

The role holder is expected to perform on the following aspects:

Projects and analysis:

• Apply innovative thinking and analytical techniques including data mining / modeling techniques as applicable to build regulatory models (Basel pillar 1 IRB models) and IFRS9 model for Insurance PD NBFI portfolios.
• Coordination with internal (within GRA) and external (front line business, regulatory oversight teams, etc.) stakeholders to understand the requirement of the project and delivery and stick to path of regulatory compliance.
• Explore new data sources / methods to improve model performance.
• Identify areas which require data remediation and proactively engage with internal / external stakeholder to address them.
• Clear documentation / summarization of the analytical output.
• Overall model risk management.

Stakeholders:

• Group and Regional stakeholders in GRA space covering:
• Head of NBFI Models
• Global Head of IRB Models
• Group Head of Wholesale Credit Analytics
• Regional Heads of GRA
• Regional GRA stakeholders for Wholesale portfolios
• Model sponsor (usually in front line business of GB, CMB depending on the portfolio)
• Model end users (usually in front line business of GB, CMB or WPB depending on the portfolio) or within the Wholesale Credit Risk function.

Leadership & Teamwork:

• Manage a team of 6-7 analysts functionally and entity wise and help them grow as an analyst.
• Promote collaboration with Group and Regional teams to achieve business objectives.
• Support training and participate in technical workshops to enhance overall teams' relevance in the industry.
• Engage with onshore team leads, senior management, project owners and project sponsors as well as model reviewers and approvers to get best output at the first attempt.

Qualifications

• Masters in any numeric discipline :-
• Stats/Maths
• Engineering (or B-tech with relevance experience)
• Economics
• MS / MBA in Finance

Experience

• 12+ years of experience in banking domain / regulatory risk analytics/ capital management
• People leadership skills would be key requirement for this role.
• Hands-on experience on at least one regulatory model development in python environment would be preferred.
• Prior experience in risk management, regulatory risk model development, model risk management would be preferred.
• Understanding of commercial banking and wholesale related products would be preferred.

Skills

• Highly focused on project delivery, attention to detail
• Excellent written and verbal communication skills
• Hands-on statistical knowledge with scorecard /econometric model development capability
• Strong collaborative, influencing and team building skills
• Strong analytical and problem solving skills, open minded, flexible, pragmatic
• Strong documentation and summarizing skills for senior audiences
• Strong programming skills in Python/SAS and experience of working with large volume of data
• Good estimating and planning skills
• Able to progress multiple tasks at the same time
• Able to work independently, with minimal supervision
• Willing to work with colleagues in other areas/timezones where appropriate

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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