Job Description

Job description

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we're leveraging our digital capabilities to ensure we can continue to recruit top talent at the HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

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.

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 strategic planning by the senior management for businesses and enables effective decision making along with addressing unforeseen challenges.

GAC is an innovative community leveraging the best of data and analytics capabilities to enable smarter decisions and drive profitable growth. Rightly positioned in the two major intellectual hubs of India, Poland and China, it attracts a rich mix of resources across business consulting, data analysts, decisions scientists and advance analytics professionals. Being in these locations also enables HSBC to leverage talent from the rich academic and start-up ecosystem to keep up to date with the latest in the industry.

Today, the GAC team generates value across the group through a wide variety of data and analytic solutions and related business consulting. GAC has become a one-stop shop for the group's analytic needs leading the integration of analytics and data-driven decisions not only in traditional areas such as Risk, Retail, Wholesale, Private & Commercial Banking but also in new domains such as Regulatory, Operations, Procurement, Human Resources, and Financial Crime Risk. It provides support to various business groups and the job involves data analysis, model and strategy development & implementation, Business Intelligence, reporting and data management.

There are primarily four job families in GAC: Decision Sciences, Information Management, Business Consulting and MI Reporting. This role applies to the Decision Sciences job family within the Analytics function supporting various businesses and functions.

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.

What you'll do:

Decision Sciences 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 sciences job family member should be able to:-

• Partner with functional business leaders in owning & developing analytics applications for higher business value
• Translate key analytical solutions as generic and re-deployable across regions / markets
• Design, architect and manage analytics processes and infrastructure and define initiatives with senior management
• Can see the 'bigger picture' and assess relationship between recommended solutions and business performance
• Champions changes by partnering with Global / Regional leaders and establish analytics driven business model
• Own delivery of high quality analytics solutions for the business stakeholders across geographies
• Lead a cross functional team, in an Agile working environment for rapid prototyping, developing and implementing analytics led applications / services
• We are seeking Credit Risk Economic Capital model (EC) developer to work on building, maintaining and enhancing EC model for the bank along with ICAAP reporting responsibilities for Group and Regions and supporting necessary governance requirements. Also the credit model developer will be responsible for liaising with business partners to enhance the model and use Economic Capital in Wholesale Portfolio Management.
• The role holder shall also be expected to guide and lead team members from a functional perspective and help them build up a strong business understanding.
• Help in designing, implementing & enhancing the various Group frameworks through GAC team, related to EC and help Group in deploying these into various regions.
• Lead and manage specific activities out of GAC supporting Group and the regional GRA priorities into EC across all regions. Manage direct engagement with key regions by delivering the required regulatory models for regions like HBAP, HBEU, MENAT etc.

Requirements

What you will need to succeed in the role:

• At least 7-9 years of experience of using statistical concepts
• At least Master's degree in Mathematics, Statistics, Economics, Engineering, Computer Science, Management or other quantitative fields of study
• Previous domain expertise on Economic Capital models would be preferred
• Coding skills in Matlab, Python, SQL etc. would be essential
• Business problem solving skills is essential
• Proven expertise in building statistical models for solving diverse business challenges and creating significant business value.
• Knowledge and exposure to cloud analytics platform such as AWS, GCP, Azure etc. would be a plus but not mandatory
• 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

Additional Information /Specific Skills (If Any):

• Prior knowledge of Credit Risk modelling and Economic Capital would be a plus
• Promote collaboration with Group and Regional teams to achieve business objectives
• Support training and participate in technical workshops
• Engage with team leads, senior management, project owners and project sponsors as well as model reviewers and approvers

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."

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