Job Description

Job description Some Careers grow faster 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 Assistant Vice President - Decision Sciences, GSC\'s. Why join us Global Analytics Center (GAC): A mature analytics capability, the Global Analytics Center (GAC), is a hub of advanced analytics competency, providing high-end analytics services across global businesses and global functions. Set-up in India in 2004, GAC has matured into a shared Centre of Excellence comprising 2000+ professionals with offices in Bangalore, Kolkata, Guangzhou and Krakow. The work done in GAC forms a vital input towards for strategic planning by the senior management for businesses and enables effective decision making along with addressing unforeseen challenges. Global Business/Global Function - Global Risk Analytics: The Global Risk Analytics (GRA) Function is accountable for Model Risk to the Group. GRA is a quantitative analytics function spanning across Wholesale risk, Market risk, Operational Risk, Regulatory and Financial Crime Compliance risk. Given this is a high risk environment in the financial services industry, with the impact from regulators, customers, shareholders and the media is at an exceptional level, meaning that compliance with the letter and spirit of regulation globally has never been more important. The Opportunity: Decision Science job family is structured to address business problems with quantitative solutions like building of predictive algorithms / forecasting / scenario simulations etc. Members of this Job Family are differentiated by their capability of converting a business problem into a quantitative construct, solve it with available statistical / mathematical methods (following the right rigour), engage with IT to implement and finally interpret the model outcomes in business language. The range of business problems may cover areas of business growth, improving customer experience, limiting risk exposure, capital quantification, enhancing internal business processes etc. They are required to, as necessary, embed agile & exploratory practices into their approach, justify the choice of appropriate methods to various internal and external reviewers. This talent group is expected to keep themselves apprised of latest developments and industry practices around emerging methodologies, techniques etc. and bring those in-house by applying them for better outcomes. A decision science job family member should be able to: - Partner with functional business leaders in developing analytical models Partner with IT / Data Engineering teams to create deployment road-map Provide actionable solutions with clear articulation of recommendations for the business stakeholders across geographies Independently manage delivery of model development projects by working with business partners across regions / geographies Actively contribute in innovative analytical solutioning for improved business performance The incumbent will need to be a hands-on Quant Developer responsible for: Design, build and implementation of GRA Quantitative library. The success of this library will be measured against the time to deployment, time of turnover on bugs, test KPIs Delivery of a coding environment that is easy to use, is robust and can be fully re-used Managing and reducing the time to develop new models within GRA Work closely with GRA Quant Analysts, Risk IT, Transformation and Front Office to create synergies across different functions and departments The role holder will also develop, lead and guide a small Team of developers. What you\'ll do :- Principal Accountabilities: Key activities and decision-making areas Responsible for Implementing software strategically, following best practice to ensure that solutions address the evolving business and regulatory requirements. Work closely with the Quant Model teams to build software solutions that are practical, workable and comply with accounting, regulatory or other requirements. Ensure FIM and other applicable accounting/regulatory requirements are met. Liaise with Internal/External audit and regulators where necessary Maintain focus on process optimization and identify opportunities to enhance cost efficiency where possible (e.g. automation, outsourcing, centralization etc). Management of Risk/Internal Controls/Compliance: The jobholder will continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators. The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term \'compliance\' embraces all relevant financial services laws, rules and codes with which the business has to comply. This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators. Requirements What you will need to succeed in this role 6+ years of experience of Strong Quantitative and Analytical background - At least Master\'s degree in Mathematics, Engineering, Computer Science or other quantitative fields of study Proficiency in Python, JavaScript and MS Office tools like Excel & PowerPoint Business problem solving skills is essential Proven expertise in building statistical and (or) ML models for solving diverse business challenges and creating significant business value Strong business acumen with out-of-the box thinking to drive improved business performance Strong stakeholder management skills and seamless delivery of analytics initiatives across markets Excellent written and verbal communication skills. Ability to develop and effectively communicate complex concepts and ideas Advanced Experience of application and software development. Knowledge of finance, particularly quantitative finance. Experience of Risk or Analytics. Good understanding and appreciation of Regulatory requirements and audit requirements. Experience of interacting with internal and external stakeholder groups (Business, Risk, Audit, Compliance, Regulators). Strong knowledge of Python programming language. Strong knowledge in object oriented design, functional programming, software architecture and algorithms. Knowledge with software development lifecycle/methodologies. Knowledge of SQL, relational and noSQL databases. You\'ll achieve more at HSBC HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.\' 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...

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