AVP - Credit Independent Model Review (IMR)

Job description

AVP- Credit Independent Model Review is responsible to conduct and support the validation and independent review of credit risk models implemented for use within HNAH legal entity. Given the complexity of models, the role requires the application of highly specialized knowledge in the form of quantitative financial models, applied mathematics and statistics, coding ability and financial product risk management. Assesses whether the models are fit for their stated purpose, including proposals for remediating weaknesses and strengthening model performance. Review and provide quantitative assessment on the models including theoretical soundness, modelling assumptions, limitations, consistency, stability, and calibration.

TO APPLY: Must apply via email by sending resume to recruiting@us.hsbc.com and must reference “Job Code: 3909” to be considered.

EEO/AA/Minorities/Women/Disability/Veterans.

Desired profile

Qualifications :

Must have a Master's degree in Mathematics, Finance, Statistics, Industrial Engineering, Operations Research, or related field and 2 years of related work experience.

Qualifying experience must include:

- Commercial credit processes, including credit risk assessment and systems.
- Econometrics/statistical techniques including linear regression, logistic regression, times series analysis, ARIMA model, and model forecasting.
- Financial risk modeling and analysis, including credit risk (PD, LGD, or EAD modelling) and economic capital.
- Experience with at least one of the following statistical languages: R, Matlab, SAS, or SQL.
- Regulations including CCAR/DFAST and applicable regulatory guidance including SR11-7