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Description
Job description Some careers have more impact than others. If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 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 Assistant Vice President Stress Testing Business: Finance Function Principal responsibilities The role of the AVP is to manage the end-to-end execution of regulatory and business stress tests across specified regions. Manage the program across countries within a geographic region to achieve consistency in execution while catering to the local nuances of portfolio dynamics and regulatory requirements. The role will include oversight and supervision of the calculations of estimating the likely impact of economic and financial scenarios on P&L, capital and liquidity resources – both for enterprise-wide stress tests and ad-hoc stress tests directed toward specific countries and/or portfolios of interest. The role also involves providing thought leadership and creating opportunities for the team to work smarter, as well as adopt new tools and techniques to meet the ever changing requirements from regulators and senior stakeholders across the Group. Key stakeholders will be the global program owners which these teams support and include regional and Group management teams across Wholesale Credit Risk and Finance. Requirements Bachelor’s degree in numerate subject, e.g. mathematics/ statistics/ economics or equivalent experience; Master’s degree Prior exposure in stress testing and / or impairment reserves. Good conceptual understanding of Wholesale Credit Risk, Basel and IFRS regulatory policies & principles is a plus Technical skills of SAS, VBA, Python Qliksense, Tableau will be added advantage 8 plus years’ experience required in banking, preferably Risk management Relevant experience in fields like Credit Risk & Basel, Loss Forecasting / Reserving, IFRS9, Stress testing etc. Strong organizational, problem-solving and verbal and written communication skills Strong analytical skills Past experience in understanding regulatory requirements for Stress Testing and capital management. Good technical background working with large-scale data in distributed computing environments, including databases, data cleaning, and feature engineering Experience in model development or complex model execution will be a plus 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***
