Senior Quantitative Analyst, GRA (f/m/d)
PARIS, 75, FR, 75116
At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger! We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.
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.
What you will do:
This role has the responsibility of leading quantitative development of models relating to securitization (SRT) transaction as well as supporting the execution of securitization transactions in Continental Europe. In addition, the role holder will be responsible for working on creating solutions to help technical business problems (within and outside the SRT space). Apart from model development as the dominating area of the work, your involvement in all other stages of risk model lifecycle might be required (model backtesting, answer to auditors, etc).
This role will closely collaborate with the wider modeling team working on credit risk models development on AIRB methodology as well as FRS9 and Stress-testing (ST) areas, both for Continental Europe and globally.
In this role you will:
• Lead and contribute to the model development supporting securitization transactions. This includes Economic Capital and Correlation models.
• Support deployment and maintenance of live models, as well as associated Data architecture (Be involved in data improvement initiatives)
• Ensure that the models are fit for purpose and intuitive to use for business decisioning and Risk Management.
• Engage in productive collaboration with business stakeholders. The role must ensure that GRA stays independent from business influence, but nevertheless business is involved with the models development and specifically model usage.
• Contribute or lead governance forums, technical panels and Review Challenge sessions with business and risk stakeholders
• Defend the models during audits by independent review teams
You should apply if you have:
• University degree in a quantitative or technical field.
• Good understanding of statistics and familiarity with sophisticated tools for quantitative analysis.
• Minimum 5 years of credit risk modelling experience (development of regulatory or IFRS 9 or stress testing models)
• Familiar with securitization transaction strongly appreciated
• Proven ability to take ownership of your work and solve complex modelling related issues.
• Strong database and programming skills including coding in Python (preferable) and SAS
• Excellent communication skills
• Fluent in English mandatory, French appreciated
• Team player, good interpersonal skills
Even if you feel you do not meet 100% of our qualifications, we encourage you to apply, if you believe this role is right for you.
What you’ll get in return:
HSBC has been certified “Top Employer 2025” in Europe. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in France, Germany, Italy, Luxembourg, Netherlands, Poland, Spain and Switzerland.
HSBC in France has been certified with LinkedIn Top Employer 2024 for Finance, recognising our team as a great place to work within the Finance industry.
Not only is HSBC a great place to work, but we also offer the following unique and exciting benefits & opportunities!
- We’ll help you progress your career, including access to development programmes, through HSBC University and our Degreed platform
- You can work your way and will have a say in when, where and how you and your team flexibly work together
- Our benefits will give you financial security, and can include company savings plan (PEE), savings plan for collective retirement, mutual insurance for you and your family, loyalty bonus, a Time Savings Account to monetize untaken off days (CET)…
- A Work Council which offers ticketing, travel, sports, legal aid, Christmas vouchers, Summer break vouchers…
- Our family-focused benefits can help you to support your loved ones and include family events days off (wedding, civil union…), additional maternity or breastfeeding leave, birth bonus, partial reimbursement of childcare costs, assistance to employees taking care of a relative with disability…
- We’ll give you a huge range of resources that support your well-being (yoga, sophrology, Mindfulness app)
- You’ll have international opportunities - this can be your place to start and branch out to anywhere we have offices
- A work environment that promotes Diversity & Inclusion, where you’ll be able to join our different Employee Resource Groups
- These benefits are on top of local usual benefits in France (refund of transport fees at 50%, 5 weeks of paid vacation & RTT, meal voucher card or corporate restaurant depending on location)
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. We are committed to removing barriers & ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.
If you have a need that requires accommodations or changes during the recruitment process, please let us know.
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For further information on building your career at HSBC, please visit: www.hsbc.com/careers