Description of Role:  Global Analytics Centre (GAC) provides analytics support to various group businesses and functions. Typical deliverables include data analysis, providing analytics insights, model development, validation, calibration, strategy development, monitoring and reporting, information management and business intelligence. The deliverables form the basis for strategic planning by the senior management for businesses and enables effective decision making to satisfy business needs and requirements along with addressing unforeseen challenges.   GAC Regulatory and Risk Analytics (GAC RRA-WCMR) team is a dedicated service delivery wing serving Group Wholesale Credit and Market Risk (WCMR) function across regions. The Team is comprised of four main functions:-  Model development  Model validation and management  Portfolio (including stress testing and IFRS9) and decisioning analytics  Economic capital  RRA Projects and policy consulting unit  This role within the Decision Sciences job family supports the Group Economic capital Model Validation function. The role requires leading the central economic capital model validation function that is responsible for credit risk economic capital methodology, analysis, reporting and standardization for all major regions.  Role Purpose:  The role will be pivotal towards driving a consistent approach towards measuring economic capital for the Group. Based out of a central hub in GAC, there are significant opportunities in driving the standardization of data, metrics and methodology for Economic Capital Model Validation process.  Principal Accountabilities: Key activities and decision making areas   - This role is expected to work with regions towards incorporating economic capital as an integral measure in risk appetite and business decision making (planned).   - Key responsibility is to work with stake holders and business partners in Group, North America, Europe, Asia Pacific and Middle East and has responsibility for project planning, project management, execution, testing & delivery of the quarterly credit risk economic capital production cycle, the final output of which is reported to the group and regional regulators (PRA, HKMA etc.) via the ICAAP and to the senior management via the group and regional stress testing and economic capital committees (STECC).   - The role also requires completing migration & ownership of the current varied economic capital processes and methodology regarding model validation at the regions mentioned above with the aim of suggesting, agreeing and implementing a standardized model validation framework across regions.   - Knowledge and understanding of portfolio risk drivers, their use and impact on capital requirements ; knowledge of regulatory capital and its components ; concepts of portfolio concentration and diversification  - Build a good relationship with the business probing and understanding their needs and identify areas of improvement to enhance current information infrastructure.  Customers / Stakeholders :   - Strong project management and delivery focus   - The responsibility of this role is also to work with regions towards incorporating economic capital as an integral measure in risk appetite and business decision making (planned).   - The role also entails working with external software vendors like Moody's KMV on implementation, support and understanding of vendor software, training and other related aspects.  Leadership & Teamwork :  - Functional Leadership with a scope to enhance the role to include people management in future.   - Sharing best practice across the risk community to build the capability of staff and the effectiveness of risk functions   - Operational Effectiveness & Control   - Strengthen risk management by producing high quality credit risk economic capital methodology, analysis and reporting. Capable of informing and driving business decision making.   - Liaising with colleagues to analyse and interpret crystallized or emerging risk events, establishing underlying root causes and effective future mitigation.   - Fostering a risk aware culture by the routine embedding of risk considerations into all analysis and reporting.

Kolkata

HSBC - Manager/Lead Manager - Global Risk Analytics 

HSBC - Manager/Lead Manager - Global Risk Analytics  ,Job Description for HSBC - Manager/Lead Manager - Global Risk Analytics  in HSBC in  Kolkata for (6-8) years of experience. Apply Now!

Job Description for HSBC - Manager/Lead Manager - Global Risk Analytics  in HSBC in  Kolkata for (6-8) years of experience. Apply Now!