Senior Analyst

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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 Manager - Decision Science

Business: Risk & Compliance

Principal responsibilities

• Group Loss Forecasting team at GAC is required to support consolidation of regional forecasts (including Annual Operating Plan, Latest Estimate and monthly LIC tracking, model governance etc.) across retail businesses in HSBC. This role involves close co-ordination with Regional Risk teams, Group Risk, Finance & Operations teams to ensure smooth and hassle-free delivery.

• The role involves smooth execution of monthly deliverables and ad-hoc request related to the Retail portfolios across regions. It includes executing and enhancing the monthly BAU process. LIC forecasting is essential to provide a reasonable view to the senior management on the future losses and allows them to take informed management decision(s) related to Risk Appetite maintenance and Operational planning. The requirements include (but not limited to):

• Articulate the correct narrative on portfolio performance and forecast to senior management. It includes managing the relationship & expectations of the senior stakeholders across Finance, Group

• Support, execute and enhance the Annual Operating Plan, in terms of the LIC projections

• From compliance perspective, the incumbent is responsible for ensuring compliance with the FIM guidelines and should be able to drive management actions, in case of gaps. This includes appropriate reviews and sign-offs from relevant authorities at Group & Regional level on the processes and methodologies. Also, it includes interacting with the internal/external auditors and addressing Auditors/IMR findings and requirements, if any.

• Conceptualize, design and implement QA/QC framework for identified processes and ensures best output quality and constant improvement.

• Agile delivery of ad-hocs and enhance BAUs absorbing the need for ad-hocs.

• Ensure adherence with all the applicable compliance policies (Data security policy, AML, operational risk, Functional manual, Group Compliance Manual, Audit recommendations, Internal Control requirements, Regulatory guidelines etc.) and business standards as applicable to the role. Take timely action on Audit findings and should be able to demonstrate compliance with Internal controls

Projects & Analysis

• Responsible for end-to-end delivery of critical projects/adhocs

• Manage relationship with very senior stakeholders with clear articulation, transparent views and accurate latest updates

• Responsible for conceptualizing, designing and implementing new modules in Python based forecasting process, Sas codes, Excel based processes

• See the 'bigger picture' and be able to understand the impact of various strategies, policies and events or stress factors on LIC.

• Be well conversant with FIM guidelines of Risk classification and be able to assess the gaps

Service Delivery

• Ensure delivery of high quality accurate analytical solutions for the existing clients / engagements. 

• Support to develop a consulting culture within team that seeks out opportunities to expand & deepen relationships with existing clients

• Coordinate & Partner with Finance, IFRS9 I&A, IPAC to create an interactive environment of information and feedback sharing and identifying risks & opportunities for the business

• Ensure customer satisfaction on all deliverables 

• Translate key analytical solutions as generic and re-deployable across regions

Operational Effectiveness & Control

• Ensure team’s business delivery, system accesses, enforcement of compliance & business policies and people performance

• Keep governance as a point of focus in all activities and religiously follow guidelines without any slippage. This includes detailed documentation of all Models, Covered Methodologies & processes.

Leadership & Teamwork

• Develop and maintain relationships and work well with all levels of management.

• Inspire trust & credibility among team members, business clients and other stakeholders through highest level of personal integrity, and ethical behavior 

• Support to develop a culture committed to the delivery of outstanding customer service and healthy, open, transparent, honest team environment.

• Supports diversity and adapts style and language according to the demands of the situation.

• Encourages the sharing of knowledge and information across teams and leverages from experience and learning from others

• Ability to influence and negotiate across all levels for a mutually positive outcome Collaborates well across different functional areas

• Master’s degree in mathematics/ statistics/ economics/Finance or equivalent streams

• 9 or more years of relevant analytics experience in statistical analysis or equivalent

• Prior experience in Credit Risk Analytics, Risk Management and understanding about statistical models

• Understanding of regulatory implications and relevance 

• Understanding of Retail banking and related products

• Good theoretical and practical knowledge of tools [SAS, Python, MS Office, VBA etc.] & statistics

• Good organizational, analytical, problem-solving and verbal and written communication skills

• Highly focused on project delivery, attention to detail

• Excellent written and verbal communication skills

• Strong collaborative, influencing and team building skills

• Strong analytical and problem solving skills, open minded, flexible, pragmatic

• Good estimating and planning skills

• Ability to work in cross-functional teams. Strong interpersonal skills and drive for success

• Willing to work with colleagues in other areas/time zones, where appropriate

• All L6 & L5 applicants should have served at least 18 months and should have successfully completed respective learning curve tenure, in their current role as on closing date.

What additional skills will be good to have?

• Advanced knowledge of MS Excel, Python

• Experience in Reporting & Insight delivery

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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