HSBC is seeking an experienced professional to join their Model Risk Management team in London. The role involves leading independent model validations for Wholesale IRB models, working with stakeholders across different lines of defense to ensure regulatory compliance and model effectiveness.
As a Director in the Model Risk Management team, you will lead independent validations of Wholesale IRB models, ensuring they meet internal and regulatory standards. Your primary responsibilities include conducting comprehensive model reviews, validating model development processes, and ensuring compliance with regulatory requirements from PRA, ECB, and HKMA.
The ideal candidate will have extensive experience in developing and reviewing Wholesale IRB models, comprehensive knowledge of statistical model development techniques, and proven expertise with statistical modeling software like SAS, Python, R, and Matlab. You should have a strong technical background in financial modeling, regulatory compliance, and the ability to lead junior model developers and validators.
HSBC offers a competitive compensation package with professional development opportunities, including private healthcare, enhanced maternity and adoption support, and a contributory pension scheme. The role provides an opportunity to work in a global, dynamic environment with exposure to complex financial modeling and risk management challenges, potentially advancing your career in the financial services industry.
