Assistant Vice President Decision Sciences

Job description

Job description

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 organizations 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 realize their ambitions. 

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President – Independent Modeling

Principal Responsibilities

·  Undertake model validation activities as dictated by the Global Model Risk Policy including the assessment of; model inputs, calculations, reporting outputs, conceptual soundness of the underlying theory and the suitability of the use for its intended purpose, relevance and completeness of data, qualitative information and judgements, documentation, and implementation of the model.
·  Provide written reports detailing the results of validations highlighting issues identified during the validation.
·  Work with relevant stakeholders to support the embedding of new Global Model Risk Policies and Procedures.
·  Develop, manage, and update the Artificial Intelligence (AI) /Machine Learning (ML) playbook and test plans.
·  Train and upskill model validation teams in Artificial Intelligence (AI) /Machine Learning (ML) models, providing peer review feedback as required.  
·  Provide coaching and guidance to new starters and junior colleagues.
·  Act as a Subject Matter Expert (SME) for Artificial Intelligence (AI) /Machine Learning (ML) Model Validations.
·  Communicate across technical quantitative, business, and strategic levels to ensure that stakeholders understand the implications of model risks and limitations.
·  Contribute to management, regulatory, and external confidence in all models used across the group.

Requirements

·  Significant experience with statistical modelling software / programming language e.g. Statistical Analysis System (SAS), Python, R, Matlab, C++, Visual Basic for Applications (VBA) is required.
·  Proven experience as a Data Scientist or similar role, focused primarily in the Credit Risk segment of a bank/Non-Banking Financial Corporation (NBFC) or Fintech or any other Retail business.
·  Experience of implementing multiple AI/ML projects end to end from conceptualization to implementation.
·  Sound understanding and hands on experience of Large Language Models (LLM) such as Generative Artificial Intelligence (AI) and Predictive modelling (Linear Regression, Logistic Regression, Decision Tree, Random Forest, Gradient Boosted Machines (GBM), etc.) and statistical analysis (Variable Reduction, Feature engineering) with Supervised and Unsupervised machine learning algorithms.
·  Experience of developing and reviewing models throughout the customer lifecycle.
·  Experience of presenting recommendations to Senior Management.
·  Experience of conducting independent model reviews.

You’ll achieve more when you join HSBC.

HSBC is 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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.                          

 ***Issued by HSBC Electronic Data Processing (India) Private LTD***