Manager

We are currently seeking an experienced professional to join our team in the role of

Model Validator. 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.
• 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.
• Build relationships with stakeholders and colleagues within Model Risk Management.
• Support the management of model risk whilst significant transformational activity is being implemented.

To be successful you will:

• Familiarity with OCC/FRB, Basel, CRR, UAE Guidelines and PRA regulations.
• Some knowledge of Risk models, performance metrics and risks and associated issues. Some knowledge of model-related internal procedures would be an advantage.
• Bachelor’s or master’s degree in a quantitative field such as Mathematics, Statistics, Physics, Engineering, Finance, or a related discipline.
• Some experience of developing and reviewing models throughout the customer lifecycle.
• Strong technical expertise in statistical modelling and advanced quantitative methods.
• Proficiency in programming languages (e.g., Python, SAS, R, C++) and quantitative analysis tools.
• Ability to work independently on assigned tasks and seek guidance when needed for complex issues.
• Good written and verbal communication skills, capable of articulating complex technical findings to diverse audiences.

You’ll 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***