Manager - 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 organisations 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 realise their ambitions.

We are currently seeking an experienced professional to join our team in the role Manager - Decision Sciences

Principal responsibilities

·  This role should support in delivering atleast one of the following key climate risk modelling engagements:
·  Development, validation, and maintenance of globally consistent Climate Scenario Analysis models (and related sub modules) that drive balance sheet, PD, LGD, RWA & ECL for wholesale clients
·  Development of Physical Risk Models that assess impact of extreme weather changes on client assets and subsequent impact on HSBC portfolio
·  ESG scoring model which assesses clients on their sustainability metrics
·  The model outputs are required to support annual ICSA exercise, regulatory submissions enabling to embed Climate in Credit risk and assess impact of net-zero risk on wholesale portfolio
·  Engage with team leads, senior management, project owners and project sponsors as well as model reviewers and approvers
·  Follow the global model standards when supporting model development, validation and monitoring.
·  Developing a good understanding of risk data flows from customer and product systems through to the finance and regulatory reporting systems
·  Supporting in presenting technical work into more acceptable form in order to get the stakeholders' buy-in

Requirements

·  Relevant analytics experience in banking domain / IFRS9 risk analytics/ Stress testing
·  Good exposure to credit model methodologies data requirement for climate models, AIRB and IFRS 9 modelling
·  Knowledge of AIRB/IFRS9 PD, LGD or EAD credit model development would be a plus
·  Decent understanding and interpretation of regulatory rules
·  Advanced coding skills in Python, R, SAS, Matlab, SQL etc. would be essential. Certifications like FRM, CQF or SCR will be plus
·  Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
·  Understands and ensure compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which jobholder is involved.
·  Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators. 
·  Implements the Group Compliance Policy as applicable to this role.
·  Aware of the Operational Risk associated with this role.  All actions undertaken during their employment with HSBC must take account of the likelihood of operational risk occurring.
·  Implement the Group compliance policy locally by managing compliance risk in liaison with the Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer, ensuring adequate compliance resources and training, fostering a compliance culture and optimizing relations with regulators

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

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