Analyst - Retail Credit Model Review
hace 2 meses
-Job description
Some careers have more impact than others. If you’re looking for a career where you can make a real impression, join our Global Service Center HSBC and discover how valued you’ll be.
- We are currently seeking an experienced professional to join our team in the role of
**Analyst, Retail Credit Model Review**
**Role purpose**:
Model Risk Management (MRM), part of Global Risk & Compliance, is responsible for providing second line of defense for HSBC’s model risk. Model Risk Management, led by Chief Model Risk Officer, comprises of five key activities, including Model Risk Governance (MRG), Model Risk Stewardship, Regulatory Standards and Quality Assurance, Independent Model Review (IMR) and Model Risk Infrastructure.
Independent Model Review is a specialist quantitative team that validate models used in the bank for various business purposes, identify, communicate and manage the associated model risk.
Analyst of Independent Model Review is a role in the IMR team to conduct model risk management activities in model review and validation, to manage the model risk in different modelling areas and to improve bank’s model risk practice and ensure consistency with the FRB’s Guidance on Model Risk (SR11-7).
**Main activities**:
- Reviewing and validating models and methodologies used in Retail Credit Risk area across regions, businesses, and functions within the bank through different types of validation activities such as initial model reviews, annual model reviews, ongoing monitoring results review, management of action items or validation outcomes.
- Demonstrating effective challenges through evaluation of conceptual soundness of the model design, evaluation of developer testing and independent testing; assessing whether the models are fit for the intended purpose and compliant with internal and regulatory expectations.
- Documenting validation results with clear, organized, and good quality of writing. Explaining technically complex models in review report and/or in presentation with easy to understand language for non-technical audience. Maintaining sufficient consistency of model review reports.
- Liaising with First Line of Defense and other model stakeholders as appropriate to ensure model reviews and model risk findings are adequately resolved or have a reasonable resolution plan in place
- Communicating across technical quantitative, business and strategic levels to ensure that stakeholders understand the implications of the identified model risks.
- Ensuring model validation process is compliant with internal guidelines and document supporting evidence where needed.
- Collaborating with HSBC Group IMR functions and MRG to ensure model validation and governance compliant with the Group and US model risk policy as well as the US and other applicable regional regulatory guidance and rules.
Requirements
- Bachelor’s degree in a quantitative discipline such as Financial Mathematics, Statistics, Econometrics, Quantitative Finance, Economics or Engineering.
- 2+ years of relevant experience in model development or validation focused on Retail Credit.
- Excellent written and verbal communication skills in English, and the ability to develop and effectively communicate complex concepts and ideas.
- Knowledge in retail credit risk management, understanding of retail lending business, as well as financial and accounting principles and concepts.
- Experience in relevant model development or model validation in banking industry
- Understanding of retail ending products in banking books.
- Background in quantitative related field and knowledge in statistical modelling and credit risk analytics, such as generalized linear models, logistic regression models, classification algorithms, survival analysis, probability theory, loss distribution, modeling of macroeconomic variables, etc.
- Understanding of CCAR stress testing, CECL, IFRS9, and Basel Regulatory capital models
- Technology/Programing skills: Experience in statistical software such as R, SAS, Python, Matlab, VBA is required.
- Understanding of regulatory guidance such as FRB’s Guidance on Model Risk (SR11-7) and Guidance on Stress Testing for Banking Organizations (SR12-7) and regulatory rules in retail Basel capital models.
You’ll achieve more when you join HSBC
**Issued by HSBC Electronic Data Processing (México) Private LTD
Tenemos otros empleos actuales relacionados con este campo que puede encontrar a continuación
-
Analyst - Retail Credit Model Review
hace 4 días
Azcapotzalco, Ciudad de México HSBC A tiempo completoJob descriptionSome careers have more impact than others. If you're looking for a career where you can make a real impression, join our Global Service Center HSBC and discover how valued you'll be. We are currently seeking an experienced professional to join our team in the role ofAnalyst, Retail Credit Model ReviewRole purpose:Model Risk Management (MRM),...
-
Manager-markets Model Review
hace 3 días
Azcapotzalco, México HSBC A tiempo completo-Job description Some careers have more impact than others. If you’re looking for a career where you can make a real impression, join our Global Service Center HSBC and discover how valued you’ll be. We are currently seeking an experienced professional to join our team in the role of - **Analyst, Markets Model Review** **Analyst, Markets Model...
-
Manager-markets Model Review
hace 4 días
Azcapotzalco, Ciudad de México HSBC A tiempo completoJob descriptionSome careers have more impact than others. If you're looking for a career where you can make a real impression, join our Global Service Center HSBC and discover how valued you'll be. We are currently seeking an experienced professional to join our team in the role of- Analyst, Markets Model ReviewAnalyst, Markets Model ReviewRole purpose:...
-
Retail Credit Risk
hace 1 mes
Azcapotzalco, Ciudad de México myGwork - LGBTQ+ Business Community A tiempo completoThis inclusive employer is a member of myGwork – the largest global platform for the LGBTQ+ business community. Job DescriptionOpening date 17-May-2024 Closing date 01-Jun-2024 Job descriptionIf you're looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you'll be.We are currently...
-
Retail Credit Risk
hace 3 semanas
Azcapotzalco, Ciudad de México myGwork - LGBTQ+ Business Community A tiempo completoThis inclusive employer is a member of myGwork – the largest global platform for the LGBTQ+ business community. Job DescriptionOpening date 17-May-2024 Closing date 01-Jun-2024 Job descriptionIf you're looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you'll be.We are currently...
-
Manager - Credit Risk Review
hace 4 semanas
Azcapotzalco, México HSBC A tiempo completo-Job description If you’re looking for a career where you can make a real impression, join our Global Service Center - HSBC and discover how valued you’ll be. We are currently seeking an experienced professional to join our team in the role of **Manager - Credit Risk Review** **Role purpose**: Lead credit review activities by conducting offsite...
-
Manager - Credit Risk Review
hace 24 horas
Azcapotzalco, México HSBC A tiempo completo-Job description If you’re looking for a career where you can make a real impression, join our Global Service Center - HSBC and discover how valued you’ll be. We are currently seeking an experienced professional to join our team in the role of **Manager - Credit Risk Review** **Role purpose**: Lead credit review activities by conducting offsite...
-
Manager - Credit Risk Review
hace 3 días
Azcapotzalco, Ciudad de México HSBC A tiempo completoJob descriptionIf you're looking for a career where you can make a real impression, join our Global Service Center - HSBC and discover how valued you'll be.We are currently seeking an experienced professional to join our team in the role ofManager - Credit Risk ReviewRole purpose:Lead credit review activities by conducting offsite credit reviews of...
-
Manager - Wholesale Credit Review Unit
hace 4 semanas
Azcapotzalco, México HSBC A tiempo completoIf you’re looking for a career where you can make a real impression, join Global Service Center - HSBC and discover how valued you’ll be. We are currently seeking an experienced professional to join our team in the role of **Manager - Wholesale Credit Review Unit** **Role purpose**: **Main activities**: - Chairing all meetings associated with...
-
Retail Credit Risk
hace 3 semanas
Azcapotzalco, Ciudad de México HSBC A tiempo completoJob DescriptionIf you're looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you'll be.We are currently seeking an experienced professional to join our team in the role ofRetail Credit Risk (LAM) & Control Oversight Manager (US)Role purpose:Retail Credit Risk (LAM) & Control Oversight...
-
Retail Credit Risk
hace 4 días
Azcapotzalco, Ciudad de México HSBC A tiempo completoJob DescriptionIf you're looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you'll be.We are currently seeking an experienced professional to join our team in the role ofRetail Credit Risk (LAM) & Control Oversight Manager (US)Role purpose:Retail Credit Risk (LAM) & Control Oversight...
-
Retail Credit Risk
hace 3 semanas
Azcapotzalco, Ciudad de México HSBC A tiempo completoJob DescriptionIf you're looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you'll be.We are currently seeking an experienced professional to join our team in the role ofRetail Credit Risk (LAM) & Control Oversight Manager (US)Role purpose:Retail Credit Risk (LAM) & Control Oversight...
-
Vicepresident Credit Risk Review
hace 6 días
Azcapotzalco, México HSBC A tiempo completoIf you’re looking for a career where you can make a real impression, join our Global Service Center - HSBC and discover how valued you’ll be. We are currently seeking an experienced professional to join our team in the role of **VicePresident Credit Risk Review** **Main activities**: Lead and conduct remote credit reviews of individual sites in...
-
Vice President
hace 1 mes
Azcapotzalco, México HSBC A tiempo completoIf you’re looking for a career where you can make a real impression, join our Global Service Center - HSBC and discover how valued you’ll be. We are currently seeking an experienced professional to join our team in the role of Vice President - Credit Risk Review Role purpose: Lead credit review activities by conducting offsite credit...
-
Retail Credit Risk
hace 1 mes
Azcapotzalco, México myGwork - LGBTQ+ Business Community A tiempo completoThis inclusive employer is a member of myGwork – the largest global platform for the LGBTQ+ business community. Job DescriptionOpening date 17-May-2024 Closing date 01-Jun-2024 Job descriptionIf you're looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you'll be.We are currently...
-
Retail Credit Risk
hace 1 mes
Azcapotzalco, México HSBC A tiempo completoIf you’re looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you’ll be. We are currently seeking an experienced professional to join our team in the role of Retail Credit Risk (LAM) & Control Oversight Manager (US) Role purpose: Retail Credit Risk (LAM) & Control...
-
Retail Credit Risk
hace 3 semanas
Azcapotzalco, México HSBC A tiempo completoJob DescriptionIf you’re looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you’ll be.We are currently seeking an experienced professional to join our team in the role ofRetail Credit Risk (LAM) & Control Oversight Manager (US)Role purpose:Retail Credit Risk (LAM) & Control...
-
Retail Credit Risk
hace 4 semanas
Azcapotzalco, México HSBC A tiempo completoJob DescriptionIf you’re looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you’ll be.We are currently seeking an experienced professional to join our team in the role ofRetail Credit Risk (LAM) & Control Oversight Manager (US)Role purpose:Retail Credit Risk (LAM) & Control...
-
Model Risk Audit Manager
hace 3 días
Azcapotzalco, México HSBC A tiempo completo-Job description If you’re looking for a career where you can make a real impression, join our Global Service Center (GSC) HSBC and discover how valued you’ll be. We are currently seeking an experienced professional to join our team in the role of **Model Risk Audit Senior Manager** **Role purpose**: Manages general audit activities for assigned...
-
Business Analyst
hace 3 días
Azcapotzalco, Ciudad de México IDS Comercial, S.A. de C.V. A tiempo completoIDS es una empresa mexicana con 30 años de experiência en el mercado, estamos acreditados en el Nível 5 de CMMI (Capability Maturity Model Integration), modelo de calidad establecido por el Software Engineering Institute (SEI) Nos especializamos en servicios de consultaría, desarrollo y capacitación en TI. Más de 700 consultores trabajan con un gran...
