Manager, Decision Science, Global Risk Analytics - GAC GRA WMR (HASE)

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 organisations in the world, with operations in 64 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 realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Manager, Decision Science, Global Risk Analytics - GAC GRA WMR (HASE).

Principal responsibilities

Regulatory Reporting – PRA and HKMA

·  Perform monthly maintenance of IRB credit risk model parameters used in capital reporting engines.
·  Perform recurring capital return adjustments for monthly reporting such as reclassification to standardize approach and adjustment for PSF RWA benefit cap., etc.
·  Perform data mapping review required by HSBC Group.
·  Work with the team in HK to perform annual review on IRB coverage analysis to ensure compliance with the IRB exemption granted by the HKMA.
·  Work with the team in HK to prepare annual Pillar 3 disclosure relating to IRB credit risk models.

Implement IRB credit risk models for HASE – IRB Model and Regulatory Reporting

·  Work with the team in HK on RWA impact estimation on implementation of new or redeveloped IRB models.
·  Perform user acceptance testing on capital reporting engine or risk weighting systems relating to implementation of new or redeveloped IRB credit risk models.
·  Support the team in HK on data quality monitoring of IRB credit risk estimates.
·  Regular monitoring of IRB credit risk model model usage.
·  Prepare quarterly model usage management information report.
·  Support the team in HK to extract data for deep dive analysis relating to model.   

Requirements

·  Degree holder or above in Finance, Mathematics, Risk Management, Statistics or a related field.
·  1 + years of experience in banking industry, including experience in Credit Risk and Wholesale Banking products.
·  Have a good understanding of credit risk (PD/EAD/LGD) modelling and their underlying risk drivers, in particular within the wholesale environment.
·  Prefer to have experience in Basel and HKMA regulatory capital rules.
·  Sizable system integration project experience preferable related to regulatory capital / risk modelling implementation, including system testing cases and user acceptance testing.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

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.