Senior Audit Manager - Model Risk

If you’re looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you’ll be.

We are currently seeking an experienced professional to join our team in the role of

Senior Audit Manager – Model Risk

Role purpose:

Model Risk Audit Team is part of the CIB Audit team and focuses on auditing model risk management activities (controls associated with model life cycle) covering a wide range of models such as retail and wholesale credit risk models, traded and treasury risk models, stress testing models such as CCAR and loss forecasting models such as CCEL and IFRS9.

Main activities:

• Maintains the audit issues tracking database to ensure identified risks/issues are addressed by business management.
• Manages a continuous audit program for the businesses assigned and ensure results are used in audit planning. Ensure continuous audit programs are carried out effectively and efficiently and are maintained current.
• Reviews and submits audit reports or conclusions for each audit conducted or supported, ensuring reports accurately reflect audit findings documented in audit working papers. Ensure related risks, conclusions and recommendations are reasonable and well based and all audit reports are prepared in an efficient, timely and concise manner.
• Provides independent, objective assurance over the Group’s internal control framework and assists business line management by bringing a systematic, disciplined approach to the evaluation and improvement of the effectiveness of risk management, control and governance processes.

Qualifications 

• Minimum of 6 years’ experience in risk or control aspects gained within any of the 3 lines of defence functions in model risk management(e.g. model development, model validation and monitoring, Internal Audit etc.)
• Minimum of a bachelor’s degree in actuarial science, statistics, economics, or mathematics or similar degrees with focus on model risk management.
• An expert in model risk management in developing, monitoring and validating models.
• Knowledge in developing and validating AI/ML models.
• Dedicated to continually learning and improving your own skills, and assisting in people development, through peer-coaching, and contribution to training sessions.
• Excellent at managing multiple competing priorities and assist defining priorities aligned with the Function’s goals.
• An analytical thinker who is confident approaching areas outside of your expertise in a thorough and detailed manner, getting to the heart of the key features and aspects quickly.
• A solid team player, with a demonstrable desire to help the team as a whole achieve its objectives.
• Relevant certification(s) or industry accreditation (e.g., CIA, CFA, SISA) is a plus.
• Experiences in Traded and Treasury risk management is a plus.

You’ll achieve more when you join HSBC!

At HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care.

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 (México) Private LTD***