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Manager, Model Validation

ExperiencedNo visa sponsorship
HSBC logo

at HSBC

Other

Posted 7 days ago

No clicks

**Manager, Model Validation** Lead and perform model validations, ensuring models' soundness, data relevance, and regulatory compliance. Manage remediation activities, collaborate with developers and business owners, and contribute to managing model risk within a large banking group. Key skills required: strong statistical modeling background, proficiency in programming languages (Python, SAS, R), acquaintance with risk models and risk management, and a relevant bachelor's or master's degree.

Compensation
Not specified

Currency: Not specified

City
Not specified
Country
Not specified

Full Job Description

Some careers shine brighter than others.

If youre 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 Manager, Model Validation

In this role, you will:

  • Devise delivery strategy to more experienced reviewers in independent validations by performing foundational tasks and / or perform independent validations of simpler models or specific components of complex models as dictated by the Global Model Risk Policy including.
  • The assessment of model inputs, calculations, reporting outputs
  • conceptual soundness of the underlying theory and the suitability of the use for its intended purpose
  • relevance and completeness of data. qualitative information and judgements,documentation and implementation of the model.
  • Guide and participate in discussions with model developers and business owners with support from senior staff.
  • Guide and contribute to the validation of remediation activities which are completed by the first LOD Line of defense to ensure appropriate resolution of identified issues.
  • Support the management of model risk within a large complex banking group and whilst significant transformational activity is being implemented.

To be successful you will:

  • Some knowledge of Risk models, performance metrics and risks and associated issues.
  • Some knowledge of model-related internal procedures would be an advantage.
  • Stay up-to-date with industry best practices, academic research, and evolving regulatory expectations in model risk management.
  • Bachelors or masters degree in a quantitative field such as Mathematics, Statistics, Physics, Engineering, Finance, or a related discipline.
  • Strong technical expertise in statistical modelling and advanced quantitative methods.
  • Proficiency in programming languages (e.g., Python, SAS, R, C++) and quantitative analysis tools.

Youll achieve more at HSBC

Hsbc.com/careers

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***

Manager, Model Validation

Compensation

Not specified

City: Not specified

Country: Not specified

HSBC logo
Other

7 days ago

No clicks

at HSBC

ExperiencedNo visa sponsorship

**Manager, Model Validation** Lead and perform model validations, ensuring models' soundness, data relevance, and regulatory compliance. Manage remediation activities, collaborate with developers and business owners, and contribute to managing model risk within a large banking group. Key skills required: strong statistical modeling background, proficiency in programming languages (Python, SAS, R), acquaintance with risk models and risk management, and a relevant bachelor's or master's degree.

Full Job Description

Some careers shine brighter than others.

If youre 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 Manager, Model Validation

In this role, you will:

  • Devise delivery strategy to more experienced reviewers in independent validations by performing foundational tasks and / or perform independent validations of simpler models or specific components of complex models as dictated by the Global Model Risk Policy including.
  • The assessment of model inputs, calculations, reporting outputs
  • conceptual soundness of the underlying theory and the suitability of the use for its intended purpose
  • relevance and completeness of data. qualitative information and judgements,documentation and implementation of the model.
  • Guide and participate in discussions with model developers and business owners with support from senior staff.
  • Guide and contribute to the validation of remediation activities which are completed by the first LOD Line of defense to ensure appropriate resolution of identified issues.
  • Support the management of model risk within a large complex banking group and whilst significant transformational activity is being implemented.

To be successful you will:

  • Some knowledge of Risk models, performance metrics and risks and associated issues.
  • Some knowledge of model-related internal procedures would be an advantage.
  • Stay up-to-date with industry best practices, academic research, and evolving regulatory expectations in model risk management.
  • Bachelors or masters degree in a quantitative field such as Mathematics, Statistics, Physics, Engineering, Finance, or a related discipline.
  • Strong technical expertise in statistical modelling and advanced quantitative methods.
  • Proficiency in programming languages (e.g., Python, SAS, R, C++) and quantitative analysis tools.

Youll achieve more at HSBC

Hsbc.com/careers

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***