Some Careers Shine Brighter Than Others.
If you're looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
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
Regulatory Model Developer
In This Role, You Will
- Act as Subject Matter Expert in Basel Analytics domain developing Basel Models and working with team leads and stakeholders to deliver high quality output.
- Responsible for the development of AIRB Basel models for the estimation of PD, LGD, EAD parameters. Calculate RWA, EL and capital impacts.
- Responsible for the implementation of Basel models
- Support and complete the review of the models by IMR, Audit and Regulators with timely closure of gaps in the model
- Carry out sensitivity analysis for various business actions/strategies.
- Reporting for Basel parameters as and when required.
- Prepare model documentation with high quality and clear explanation of all analysis conducted.
- Work on multiple projects simultaneously and deliver in a timely, efficient and effective manner.
- Participate in initiatives which ensure higher efficiency (automation, training manual, etc.).
- Responsible for conceptualizing, designing and implementing QA/QC framework for identified processes and ensures adherence and constant improvement.
- Ensure adherence with all the applicable compliance policies (Data security policy, AML, operational risk, Functional manual, Group Compliance Manual, Audit recommendations, Internal Control requirements, regulatory guidelines etc.) and business standards of Organization as applicable. Take timely action on Audit comments and be able to demonstrate compliance with Internal controls
To Be Successful You Will
- Bachelor's or Master's degree from reputed University with concentration on marketing, finance, economics or other quantitative field such as statistics or engineering.
- Strong analytical skills with 2+ years of proven business analysis experience or equivalent. Knowledge and understanding of financial services preferred.
- Proven problem solving and analytical abilities including the ability to critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details and apply sound business and technical domain knowledge.
- Good Knowledge of Basel concepts (PD, LGD, EAD, RWA, Capital.). Exposure to Model development or model monitoring preferred.
- Ability to comprehend intricate and diverse range of business problems and analyze them with limited or complex data and provide a feasible solution framework.
- Hands-on working knowledge of SAS. Basic knowledge on Python or other equivalent analytical tools.
- Excellent written and verbal communication skills. Ability to develop and effectively communicate complex concepts and ideas.
- Ability to work in cross-functional teams. Strong interpersonal skills and drive for success
- Sound knowledge of Relational and Non-Relational Database Platforms required.
- Knowledge of Model development, Basel, IFRS-9, Stress Testing or experience of any other Banking regulatory environment is plus.
- Communicate openly and honestly. Advanced oral, written and visual communication and presentation skills - the ability to communicate efficiently at a global level is paramount.
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***
