Job title: Assistant Director, WCR Analytics
• Climate Change poses different risks to the stability of the financial system and these risks are collectively referred to as Climate Risk.
• This role is responsible to drive the Wholesale Climate risk activities (like climate risk quantification, climate risk measurement, climate risk modelling) globally across Wholesale portfolios working closely with Global team. This will require close collaboration with Business heads, Risk (WCRM), Regional counterparts, Finance, MRM & Data team In this role, you will: Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.) This role should lead in delivering atleast one of the following key climate risk modelling engagements:
• Development, validation, and maintenance of globally consistent Climate Scenario Analysis models (and related sub modules) that drive balance sheet, PD, LGD, RWA & ECL for wholesale clients
• Development of Physical Risk Models that assess impact of extreme weather changes on client assets and subsequent impact on HSBC portfolio
• ESG scoring model which assesses clients on their sustainability metrics
• The model outputs are required to support annual ICSA exercise, regulatory submissions enabling to embed Climate in Credit risk and assess impact of net-zero risk on wholesale portfolio
• Engage with team leads, senior management, project owners and project sponsors as well as model reviewers and approvers
• Follow the global model standards when supporting model development, validation and monitoring.
• Developing a good understanding of risk data flows from customer and product systems through to the finance and regulatory reporting systems
• Translating and presenting technical work into more acceptable form in order to get the stakeholders' buy-in Leadership & Teamwork
• Ability to work as part of a team with key customers and stakeholders along with shouldering mentoring responsibilities
• Collaborate with Group and Regional teams to achieve business objectives




• Robust 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
• Proven ability to take ownership of and solve complex data related issues; Business problem solving skills is essential.
• Ability to develop and effectively communicate complex concepts and ideas To be successful you will: Functional Knowledge
• Relevant analytics experience in banking domain / IFRS9 risk analytics/ Stress testing
• Hands on experience on ESG/Climate models/framework development is a must
• Good exposure to credit model methodologies data requirement for climate models, AIRB and IFRS 9 modelling
• Knowledge of AIRB/IFRS9 PD, LGD or EAD credit model development would be a plus
• Decent understanding and interpretation of regulatory rules
• Solid coding skills in Python, R, SAS, Matlab, SQL etc. would be essential. Certifications like FRM, CQF or SCR will be plus Others
• Continuous adaptation to business environment under constant and occasionally dramatic change in response to the economic environment, new climate risk related regulations, and changing business tactics.
• Developing sufficient comprehension of existing processes, systems, and business practices required to recommend and implement future solutions.
• Dependencies upon teams and functions outside of immediate area of responsibility
• Potential lack of specific knowledge in climate risk modelling
• Contribute to a team consisting of onshore, offshore and global remote staff
• Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues.
• Promote an environment that supports diversity and reflects the HSBC brand.




• Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
• Understands and ensure compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which jobholder is involved.
• Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.
• Implements the Group Compliance Policy as applicable to this role.
• Aware of the Operational Risk associated with this role. All actions undertaken during their employment with HSBC must take account of the likelihood of operational risk occurring.
• Implement the Group compliance policy locally by managing compliance risk in liaison with the Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer, ensuring adequate compliance resources and training, fostering a compliance culture and optimizing relations with regulators Hsbc.com/careers 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 setting. 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*

📌 Assistant Director, WCR Analytics (Kolkata)
🏢 HSBC
📍 Kolkata