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 realize 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 Analytics Centre - Regulatory Analytics The Global Analytics Centre - Regulatory Analytics is a centralized managed team within GAC that leads various areas within Regulatory analytics including model development (Stress testing, CECL, CCAR and IFRS 9), model Implementation, model methodology and governance. It works with Senior Management (including Chief Risk Officer and Chief Finance Officer) for businesses to effectively manage estimation of credit losses and provide insightful analytics. About the role The position will report into Senior AVP of Regulatory Analytics GAC. As a member of the team the incumbent will contribute to the model development activities of the IFRS 9 models across various products and portfolios. This role forms part of IFRS9 Modeling team whose purpose is to support the bank\'s IFRS 9 loss provisioning for portfolios within retail banking. The role will involve hands-on involvement across the modeling life cycle as well as contributing to the methodology development POCs. Specific roles and responsibilities will include: Develop IFRS9 models across products and markets Present the model results to peer review group, country risk teams and other stakeholders as required Engage in model independent review, audit and regulatory deliverables Engage with business partners to provide business priorities, present model development activities to various review committees (comprising senior management from various functions within businesses) Work on model development best practices, development of quality model documentation for submission to Internal Model Review, SOX controls Internal Audit and External Audit Continuously looking at the environment to challenge assumptions around model development, insight generation, tools, talent, potential partners etc. Ensure open, transparent, proactive and timely interaction with major stakeholders (subject matter experts, model owner/developers/governance/implementation, portfolio/data management team) in alignment with values and behavior principles Requirements Qualifications Proficient in SAS / Python, SQL and MS Excel Strong statistical modeling skills and relevant technical experience 7+ years\' work experience required, preferably in analytics/modelling in banking and consumer lending At least a Bachelor\'s degree in Mathematics/ Statistics/ Economics/ Engineering or equivalent MBA is a plus Relevant experience in analytics specifically in the fields like Credit Risk Modeling & Basel, Loss Forecasting / Reserving, Risk Strategy, Marketing analytics/IFRS 9/Stress testing/CECL etc. Prior exposure in stress testing and / or impairment reserves will be a plus Strong understanding of consumer lending products like Credit Cards, Mortgages, Personal Loans, Overdraft, Auto Loans and Line of credit Excellent communication skills with technical (the team) and non-technical (senior management in region) counterparts being able to \'translate\' between the two worlds is essential Strong analytical skills with an ability to grasp new concepts quickly Strong organizational, analytical, problem-solving and verbal and written communication skills. Additional information: Employees must meet performance and behavioral standards as defined in the policy Applicant should not be on a corrective action plan/ disciplinary action in the last 6 months or any other performance action as on the date of application. Application form should be submitted along with the current CV. All applicants should inform their respective Line Managers of their application. All the completed applications should be submitted on or before the closing date. The Company reserves the right to change any terms and conditions related to employment, mentioned in the Offer Letter and the Rules and Regulations governing the conduct of the employee in the Company. Such change would be intimated by the Company through an internal communication to the employees at large. Right to work is required. Local employment rulings and restrictions will apply. You\'ll achieve more at 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. ...Issued By HSBC Electronic Data Processing (India) Private LTD...

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