Job Title: Assistant Director,WCR Analytics
• The role holder is responsible for supporting Wholesale Risk Analytics and data driven decision making across the regions and the Group. The role is expected to work towards credit risk model development which includes Regulatory (IRB) as well as Wholesale Economic Response Models (Stress Testing, Economic Capital and IFRS9) for multiple portfolios and business decision making (planned in 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.)
• Lead in delivering at least one of the following key wholesale risk model engagements:
• Development, validation, and maintenance of Regulatory credit risk models, primarily Financial Institution PD model for wholesale clients.
• Development, validation, and maintenance of Wholesale Economic response models (Stress Testing, IFRS9) including PD, LGD, ECL for wholesale clients.
• Demonstrate an expertise through devising efficient workflows in highly technical areas (e.g. statistical regression analysis, statistical model builds of PD, LGD and EAD models), as well as a deep understanding of the Wholesale business environment and its associated credit products.
• Collaborate with Business heads, Risk (WCRM), Regional counterparts, Finance, MRM & Data team.
• Responsible for ensuring that all governance and regulatory requirements are met satisfactorily and support any reviews both internal and external.
• Engage with team leads, senior management, project owners and project sponsors as well as model reviewers and approvers and formulate methods to improve workflow.
• Undertake activities ensuring alignment with the global model standards while supporting model development, validation, and monitoring.
• Take measures to develop a positive understanding of risk data flows by independently observing customer and product systems, and defining it through to the finance and regulatory reporting systems
• Translate and present 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.
• Solid 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
• Atleast 5+ years of relevant analytics experience in model development/monitoring, preferably in developing /monitoring Wholesale Credit Risk /WERA models.
• Good exposure to credit model methodologies data requirement for regulatory PD modelling
• Knowledge and understanding of wholesale portfolio risk drivers, their use and impact on capital requirements; knowledge of regulatory capital and its components.
• Knowledge of AIRB/IFRS9 PD, LGD or EAD credit model development would be a plus
• Decent understanding and interpretation of regulatory rules
• Strong coding skills in Python, R, SAS, Matlab, SQL etc. would be essential.
• Certifications like FRM, CQF or SCR will be preferable. Others
• Continuous adaptation to business environment under constant and occasionally dramatic change in response to the economic environment, updated regulations, and changing business tactics.
• Develop 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




• 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.
• Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
• Understand 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.
• 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 chance 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 career 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*

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