Wholesale-Risk Impairment and Stress-Testing

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 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 Wholesale-Risk Impairment and Stress-Testing

In this role, you will:

• Review, analyse and report the Group-level ECL results, by supporting to provide insightful trends, analytics and forecast for future periods.
• Define and design portfolio analytics solutions in python/SAS or other similar platforms to support management judgements.
• Ability to articulate trends in PDs, LGDs, EADs and ECLs in terms of modelling and non-modelling drivers of the Wholesale portfolio, and relate to macroeconomics, methodology, credit policy.
• Manager delivery of prototypes to enhance the current simulation capabilities to support macro risk related variables in ECL forecasting.
• Support model change review by performing ECL sensitivity and impact analysis using sandbox and other analytics tools and support development of new tools like python to enhance the functionality of the Sandbox.
• Provide and support analysis of new and emerging trends in credit risk space like but not limited to Climate Risk impact, Geo-political risk and other broader macro events;
• Ability to build ad-hoc analytical tasks with ease (e.g. ECL impact estimates or management overlays for tackling model limitations etc.).
• Manage end to delivery of tool/s enhancements to support business analysis and simulations of ECL, Loan Impairment Charge, RWAs and related metrics.

To be successful, you will: 

• Operate in a fast-changing and often volatile operating environment requiring quality decision making with often incomplete information.
• Manage self  in a positive, engaging, thoughtful and constructive manner, from a role which often has a material influence on outcomes.
• Maintaining well-regarded, thoughtful communications with principal stakeholders.
• Lead various developments in stress testing tools, management and calculation of ECLs under IFRS9 in the absence of readily available IT solutions.
• Strong knowledge of credit risk models (PD, LGD, EAD, Staging and ECL)– both in terms of development/validation/monitoring practices and downstream usage of modelled outputs by business/finance/risk.
• Good understanding of Impairment/RWA related processes including systems, models and reporting aspects across credit risk and finance functions.
• Strong problem-solving/analytical abilities, needs to be able to distil complex problems into manageable parts and plan work accordingly and strong expertise in model development tools like SAS, python or similar capabilities.
• Ability to effectively work with global and regional teams in Risk, Finance and relevant Transformation functions.

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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