Manager,Risk Modeling and Monitoring
Kolkata, WB, IN, 700064
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: Risk & Compliance
Principal responsibilities
- Develop IFRS9 models across products and markets.
- Present the model results to peer review group, country risk teams and other stakeholders as required.
- Engage in model independent review, audit, and regulatory deliverables.
- Engage with business partners to provide business priorities, present model development activities to various review committees (comprising senior management from various functions within businesses)
- Work on model development best practices, development of quality model documentation for submission to Internal Model Review, SOX controls Internal Audit and External Audit
- Continuously looking at the environment to challenge assumptions around model development, insight generation, tools, talent, potential partners etc.
- Ensure open, transparent, proactive, and timely interaction with major stakeholders (subject matter experts, model owner/developers/governance/implementation, portfolio/data management team) in alignment with values and behavior principles.
- Proficient in SAS / Python, SQL, and MS Excel
- Strong statistical modeling skills and relevant technical experience
- 4+ years’ work experience required, preferably in analytics/modelling in banking and consumer lending.
- At least a bachelor’s degree in mathematics/ Statistics/ Economics/ Engineering or equivalent; MBA is a plus.
- Relevant experience in analytics specifically in the fields like Credit Risk Modeling & Basel, Loss Forecasting / Reserving, Risk Strategy,
- Marketing analytics/IFRS 9/Stress testing/CECL etc.
- Prior exposure in stress testing and / or impairment reserves will be a plus.
- Strong understanding of consumer lending products like Credit Cards, Mortgages, Personal Loans, Overdraft, Auto Loans and Line of credit
- Excellent communication skills with technical (the team) and non-technical (senior management in region) counterparts; being able to "translate" between the two worlds is essential.
- Strong analytical skills with an ability to grasp new concepts quickly.
- Strong organizational, analytical, problem-solving, and verbal and written communication skills.
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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