Model Remediation Sme, Valuations and Analytics - Bengaluru, India - HSBC

HSBC

Verified Company

Bengaluru, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

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 organizations in the world, with operations in 64 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 realize their ambitions.

We are currently seeking an experienced professional to join our team in the role
Model Remediation SME, Valuations and Analytics, Product Control, GSC's.

Principal responsibilities:

Responsibility for enhancing the documentation of models used within Valuations
Responsible for challenging model users and Valuations asset class leads on model quality and identifying and tracking areas of remediation
Responsible for developing a good understanding of Model Governance and driving full compliance within Valuations (supported by Valuations + Analytics Management)
Responsible for tracking status of model governance in a way that is clearly understood by all stakeholders
Will be required to represent Product Control in governance forums with senior stakeholders within Finance, Risk and the business.
Variety of stakeholders within Valuations (across asset classes and geographies). Role holder is not expected to be an expert on all models but able to challenge stakeholders around model documentation and model quality and compliance with deadlines for dependencies into this process.
Project management: Product Control has a large number of models in use, it will be important to run the project in an efficient and transparent way,
Communication: the delivery will rely on the work of a large number of individuals who will need to have a clear understanding of what is expected of them and when
This role is key part of the execution of the control environment and the accuracy of HSBC financial statements specifically in relation to establishing fair valued for traded products across the Group. Role holder is responsible for ensuring that the documentation is up to standard and all actions on model remediation are captured and tracked.
The size and high visibility of the FVA and PVA models combined with the diversity of stakeholders involved make this an important and rewarding role with an opportunity to shape an approach for the future.

Requirements

A professional Finance qualification (CA/CFA/FRM/CQF) is preferred.
Degree in quantitative or relevant discipline
Good written documentation skills
Proven analytical skills and thinking
Knowledge of modelling risk management frameworks and familiarity with modelling techniques an advantage
Proven collaboration skills and ability to work across boundaries in a productive manner
Good communication skills, particularly around presenting information and complex topics simply
Proven ability to work with senior stakeholders
Evidence of ability to constructively challenge stakeholders
6+ years of relevant postqualification experience in either the Product Control or Valuation Control

**Issued by HSBC Electronic Data Processing (India) Private LTD