Risk Analytics and Modelling Senior Manager

Some careers open more doors than others. 

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes. 

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

We are seeking a Risk Analytics and Modelling Senior Manager to join our team, to support and lead the build, enhancement and deployment of credit risk models across global portfolios. The Risk Analytics Senior Manager will work alongside existing teams to support our goal to improve HSBC’s risk management by providing analytics-based measures of credit risk. The ideal candidate will have the ability to lead model development projects with a strong quantitative background and Wholesale Credit domain knowledge.

In this role you will:

• Lead the build, enhancement and deployment of Wholesale Credit Risk models (PD, LGD, EAD) for global Internal Rating Based (IRB) portfolios.
• Drive enhancement of existing credit risk models in order to improve their performance or their applicability to other risk measurement requirements.
• Drive deployment and maintenance of credit risk models on existing risk systems.
• Support business model users by providing training, conducting user forum and obtaining feedback.
• Support the internal review of the model development process.
• Assist in the preparation of portfolio analysis and impact analysis.
• Collect and analyse data in order to ensure modes are successfully built and are in line with regulatory requirements.
• Confidently liaise with senior stakeholders and business model users.
• Liaise with Risk Systems and IT to support model deployment.

To be successful in this role you should meet the following requirements:

• Must have prior experience building Credit Risk Models (PD, LGD and EAD), preferably IRB.
• Prior experience and thorough understanding of Wholesale Credit Risk processes.
• Strong coding skills are essential (preferably Python or alternatively SAS).
• Prior experience liaising with senior stakeholders and business model users in a clear and concise manner.
• Ability to prepare clear and effective presentations, trainings and workshops.
• Strong data management and system deployment skills.
• An ability to drive delivery of projects within the agreed time scale, in liaison with all relevant stakeholders: team colleagues, model owners, credit, business, IT, senior management and model reviewers.

This role is based in London on a hybrid working basis.

Opening up a world of opportunity

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: hsbc.recruitment@hsbc.com

Telephone: +44 207 832 8500