Manager, DQM Assurance

Job Description

Undertake detailed reviews of Deterministic Quantitative Modeling to ensure they are fit for purpose and operating as expected. Including: Testing DQM s numerical implementations, assessing the inputs, reporting outputs, suitability for the use of its intended purpose, relevance and completeness of data, documentation and implementation of the DQM, and adherence to policy. Conduct control testing as required. Provide written reports detailing the results of the review including documentation of issues identified and reviewing the appropriateness of 1LOD remediation plans to resolve. Identify opportunities for control improvements Make recommendations for improvements in Policy and Procedure frameworks. Promote HSBC compliance with PRA Model Risk Management Principles and other regulatory requirements. Support the resolution of MSIIs and audit issues as appropriate. Contribute to management, regulatory, and external confidence in all DQMs used across the group. Requirements Experience in assurance, audit, finance or model risk management within financial services or other major industries would be beneficial. Experience of model/DQM/EUC validation, verification, developing, etc would be beneficial. Experience developing assurance automation and analytics tools preferred. Strong English written and oral communication skills. Ability to explain complex topics in a clear and concise manner. Strong attention to detail. Experience of software programming languages preferred, eg VBA, Python. Proficient with Microsoft Office particularly Excel. Exposure to developing quantitative tools (including End User Computing EUCs) would be beneficial. Team-oriented mentality combined with ability to complete tasks independently to a high-quality standard. Capable of understanding complex calculator type tools and be capable of reviewing and providing oversight and guidance