Manager, Stress Testing

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In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

Role purpose

Support the end-to-end delivery of US HSBC North America Holdings (HNAH) and Group stress testing activities, including Comprehensive Capital Analysis and Review (CCAR) and HSBC Global (Group) stress tests, within Treasury Finance. The role is responsible for high-quality execution across analysis, review and challenge, documentation, process controls, process improvement, governance support and submission readiness. You’ll work closely with Finance, Treasury, Business and Risk stakeholders across HNAH and Group to ensure stress test outputs are accurate, well-controlled, explainable, and regulator-ready.

Principal responsibilities 

Stress test execution, analysis and results production

• Support delivery of CCAR and other US/Group stress tests in line with agreed timelines and governance
• Execute and/or support model runs and results production for balance sheet and P&L components including: loans, deposits, non-interest revenue (NIR), and miscellaneous assets & liabilities, and produce results across retail and wholesale revenue streams
• Perform analysis of stress test outputs including movement/variance analysis, sensitivities, trend reviews, and identification of key drivers
• Prepare clear, decision-useful commentary, presentations and documentation for senior management, including narratives suitable for governance forums
• Production of regulatory submissions such as FRY-14A and FRY-14Q PPNR, and required regulatory documentation, including controls and quality assurance to ensure regulatory compliance

Review & Challenge (R&C), documentation and controls

• Conduct and document model- and management-level Review & Challenge (R&C), including checks on reasonableness, completeness, adherence to standards, and closure of follow-up of questions
• Partner with model owners and accountable executives in Business, Risk, Finance to analyze, review and challenge stress test submissions in support of governance sign-offs
• Produce and maintain high-quality stress testing documentation (methodology narratives, process/run books, evidence packs, control checklists, assumptions logs, and decision logs)
• Execute and evidence process controls and assurance activities, including maintaining records in relevant tooling (e.g., Helios for controls/assurance, where applicable)
• Support the annual Risk Control Assessment and contribute to ongoing strengthening of the stress testing control environment

Process coordination, governance and workflow management

• Support end-to-end coordination across stakeholders (Treasury Finance, Risk, ADA (model development), Businesses including IWPB and CIB, Model Risk, Regulatory Reporting, Technology and Group)
• Maintain schedules, dependencies, and delivery tracking; support workflow planning and process controls (including in Appian, where applicable)
• Prepare governance management materials for senior management and Board-level review, including action tracking and approvals coordination
• Support regulatory submission readiness through completeness checks, tie-outs, and audit-trail quality control

Systems, data lineage and reporting support

• Support BAU operation and continuous improvement for CCAR-related platforms and reporting processes (e.g., STAR/TM1 and supporting tools), including run reproducibility and controlled change management
• Support CCAR regulatory reporting processes (e.g., “14A” schedules where applicable) through reconciliations, traceability, and documentation
• Support maintenance and evidence of data lineage and traceability from source inputs to final outputs, including linkages to internal/regulatory reporting standards (including IRR-related lineage where relevant)

Exams, audits and issue remediation

• Support preparation for and coordination of the annual Horizontal Capital Review exam, including evidence collation, response drafting support, and deliverables tracking
• Support remediation of stress testing-related audit and regulator findings, including action plan tracking, evidence production, and control/process enhancements

Group-led stress tests (as applicable)

• Support R&C and coordination of Group-led stress tests and related approvals/governance, including coordination of inputs and evidence packs for exercises such as GIST/GRP/RST and relevant UK/Group regulatory requests (e.g., PRA-related)

Process Improvement

• Implement new models, tools, processes or automated solutions to support any changes in requirements as a result of regulatory changes or banking category designation
• Improve efficiency and reduce cost of existing processes by leveraging HSBC artificial intelligence tools and other methods of automation
• Convert manual spreadsheets to automated solutions leverageing tools such as Alteryx or other tools where applicable
• Support the incremental process improvement process conducted after each annual CCAR cycle

Decision making / authority

• Make day-to-day decisions within assigned workstreams (analysis approach, control evidence, documentation quality checks), escalating issues, risks and timeline slippages promptly
• Support senior decision-making by producing analysis and materials used in governance and regulatory readiness activities

Key stakeholders

• Treasury Finance leadership (HNAH) and the Head of Stress Test Delivery
• Finance partners across product and business lines (incl. IWPB and CIB)
• Risk (Stress Testing, Market/Credit risk partners), Model Risk Management
• Regulatory Reporting and Controllers
• Technology / Data teams supporting CCAR platforms and workflows
• Internal Audit, Compliance, Operational Risk / NFR teams
• Group Stress Testing teams

Role requirements

Experience (essential)

• Demonstrable experience in an analytical role within a bank or large financial services firm, preferably in Treasury, Finance, Capital Planning, FP&A, or Risk, with preference given to applicants with prior CCAR experience
• Demonstrable experience delivering time-sensitive analytical outputs with strong attention to detail and governance discipline
• Proven ability to produce regulator/senior management-ready documentation and maintain a robust audit trail
• Experience working across multiple stakeholders and managing dependencies under tight deadlines

Experience (preferred)

• Experience working in CCAR, with knowledge and understanding of CCAR regulations and overall CCAR requirements and process
• Experience with workflow/control and reporting tools such as Appian, Helios, and/or TM1 (or similar planning/reporting systems)
• Exposure to regulatory exams, audit interactions, and issue remediation

Skills / capabilities

• Strong quantitative and analytical skills (variance analysis, driver attribution, reconciliations, quality checks)
• Strong written communication: ability to convert technical outputs into clear narratives for governance
• Advanced Excel skills; strong PowerPoint skills for pack creation
• Structured problem-solving, proactive risk management and ability to work independently with appropriate escalation
• Collaborative working style and comfort operating across teams and time zones

Education

• Bachelor’s degree required (Finance, Economics, Mathematics, Statistics, Engineering or  other quantitative discipline preferred)
• Relevant professional qualifications a plus (e.g., CFA, FRM) but not required

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.