Job Title: VP -WCR Impairment and Stress Testing
• The Group Wholesale Impairment and stress testing team, part of Wholesale Credit Risk Management function, is responsible for the measurement, management, calculation, controls and governance of IFRS9 Expected Credit Loss (ECL) reserves for the group-wide Wholesale portfolio (EAD >$1.6tn). We collaborate with Risk and Finance functions across all regions (80+ sites) and lead the review and challenge of Wholesale ECL impairments. The team has oversight of the 400+ Sox controls that are operated in the end-to-end IFRS9 process, working closely with internal and external stakeholders to continuously monitor, challenge and improve the control environment.
• The role will be part of the Wholesale Impairments and stress testing Team within GSC located at Bangalore/Hyderabad and Kolkata which supports the aggregation, review and deep dive analysis of Impairment risk numbers. Governance and Committee Memberships (membership of ExCos, Risk Management Meeting):
• The role will be an integral part of Wholesale impairment and stress testing team which is part of Wholesale credit risk function within GSC In this role, you will: Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)
• Lead and manage Global Centre of Excellence team for Wholesale Impairment and Stress Testing
• Manage review, analysis and reporting of the expected credit loss / loan impairment numbers and provide insightful trends, analytics and forecast for future periods. Manage the LIC reporting related book of work
• Ability to articulate trends in PDs, LGDs, EADs and ECLs in terms of modelling and non-modelling drivers of the Wholesale portfolio, and relate to macroeconomics, methodology, credit policy
• Ability to build ad-hoc analytical tasks with ease (e.g. ECL impact estimates or management overlays for tackling model limitations etc.)
• Plan, manage and execute the overall WCRM CoE Wholesale impairment runbook delivery, operating model and governance, including enhanced documentation to SOX controls standards. Ensure full compliance to Group policies and governance and controls framework in line with internal and external stakeholder expectations
• Design and assist in implementing the Global Stress Testing Framework.
• Manage the execution of the Wholesale Internal and regulatory Stress Test exercise.




• Develop new stress testing tools, supporting bottom-up Stress Testing capabilities and methodology enhancements.
• Manage the relationship with regional Impairment/Stress Testing teams, other group WCR and Business teams.
• Responsible for internal/external audit, SoX controls, and any other support required for regulatory engagement.
• Direct team management including hiring and development. Leadership & Teamwork:
• Operate in a fast-changing and often volatile operating environment requiring quality decision making with often incomplete information.
• Manage self and team in a positive, engaging, thoughtful and constructive manner, from a role which often has a material influence on outcomes.
• Maintaining well-regarded, thoughtful communications with principal stakeholders.
• Lead various developments in stress testing tools, management and calculation of ECLs under IFRS9 in the absence of readily available IT solutions.
• Ability to influence and negotiate across all levels for mutually positive outcome
• Establishes goals, success criteria and performance measures to evaluate the success of major strategic initiatives. To be successful you will: Functional Knowledge
• Experienced risk manager with over 12 years of banking experience or equivalent and a thorough knowledge and experience of IFRS9, Stress testing or management of large regulatory change in HSBC or a large bank is essential.
• Valuable understanding of Impairment related processes including systems, models and reporting aspects across credit risk and finance functions.
• Strong problem-solving/analytical abilities, needs to be able to distil complex problems into manageable parts and plan work accordingly.
• Previous direct and indirect line management responsibilities will be essential.
• Excellent communication skills and ability to articulate complex information in clear and structured way to suit audience.
• Valuable knowledge of credit risk models (PD, LGD, EAD, Staging and ECL)



– both in terms of development/validation/monitoring practices and downstream usage of modelled outputs by business/finance/risk, will be an advantage.
• Ability to effectively work with global and regional teams in Risk, Finance and relevant Transformation functions.
• Proven ability to take ownership and accountability – “Self-Starter”. Proven ability to engage with senior internal stakeholders regularly by understanding and sharing vision, commercial practices, challenges, and potential solutions and by working collaboratively
• ‘Can Do’ attitude and strong focus on getting things done.
• Advanced communication skills, both written and spoken English. Others
• Graduate/Post-Graduate in Engineering /Finance/Economics or related field. Qualified risk certification like FRM/PRM or CFA will be desirable
• Proven ability to build strong relationships, negotiate and influence especially at higher levels of management but across the matrix
• Knowledge of data analytics tools (SAS and/or SQL and/or Python and/or R etc.)
• Strong MS word, power point and Excel skills
• Business knowledge of credit risk/impairments/stress testing will be preferred
• Analytical thinking (ability to draw conclusions / critical insights from data)
• Able to deal with and present views to senior management clearly and succinctly.
• Sound analytical skills and attention to detail. Competency in analyzing and interpreting large datasets. Hsbc.
Com/Carrers 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*

📌 VP -WCR Impairment and Stress Testing (Hyderabad)
🏢 HSBC
📍 Hyderabad