Assistant Director,TnO Analytics

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 Assistant Director,TnO Analytics

Business: Risk and Compliance

Principal responsibilities 

• Model development related to Counterparty Credit Risk models such as XVAs PnL, Simulation & Pricing models, Collateral & Margining models.
• Model calibration, monitoring, and annual assessment.
• Support model users such as Traded Risk Managers, Front Office, and Product Control etc.
• Perform activities pertaining to First Line of Defense based on the Model Risk Management Framework for XVA CCR models and assist the Risk steward functions in second line of defense activities.

Teamwork 

• Proven ability to take ownership of and solve complex data issues; Business problem solving skills is essential.
• Strong stakeholder management skills and seamless delivery of analytics initiatives across markets.

Qualifcations:

Functional Knowledge

Must haves:

• Strong quantitative background, with a degree (Masters/PhD preferred) in Mathematics, Physics, Financial Engineering, Computer Engineering
• Strong mathematical knowledge – Stochastic Calculus, Optimization methods, Linear Algebra, Differential Equations, Statistics, Probability
• Strong programming skills in C++ or Python to develop the models or making proof of concepts.
• Good to have but not mandatory:
• 5-10 years’ experience in quantitative field like CCR or Market Risk model development/model validation
• Understanding of derivative pricing, CCR risk measures and XVA are good to have but not mandatory.
• Professional Certification like CQF

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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