Vice President / Lead Vice President, Model Risk Governance

As a Vice President / Lead Vice President, Model Risk Governance at HSBC, you will play a crucial role in contributing to the setting of the firm's model risk policies and procedures. Your responsibilities will involve ensuring that model risk is managed within approved tolerance levels and undertaking reviews to validate policy implementation across businesses and functions. You will be advising, reviewing, and challenging the 1LOD on the appropriateness of their model risk management, MRM policy execution, and reporting. Your role will also include producing regular Model Risk Reporting, developing training materials for global awareness of model risk management within HSBC, and designing processes to ensure adherence to risk steward responsibilities in line with the Group Risk Management Framework. In this position, you will be required to suggest enhancements to systems, tooling, and working practices for improved efficiency. Additionally, you will prepare and deliver related reporting for the HSBC Group Chief Model Risk Officer and model risk governance committees, ensuring compliance with regulatory requirements and promoting adherence to PRA Model Risk Management Principles. To excel in this role, you should possess significant experience in model risk management, governance, or model development/validation, along with knowledge of local regulators and regulations. Effective communication skills, attention to detail, and the ability to develop strong networks with key stakeholders are essential. Your team-oriented mentality, combined with the capacity to work independently at a high-quality standard, will be key to supporting the management of model risk across a large complex banking group.,