Manager - Market Risk - IFRS9 - Bank

Manager Market Risk - IFRS9 in a Leading Bank - Bangalore

Business : WMR Change Delivery

Role Title : WCR Business Analyst (GSC)

Role Purpose (overall high level summary of the role) :

- Part of the WMR Transformation function, the IFRS9 WCR Transformation team is responsible for the successful implementation of strategic tools and processes to ensure the highest level of data quality and integrity for IFRS9 WCR Risk Management and to comply with Regulatory commitments.

- The team's key focus is to deliver the Strategic infrastructure and processes for WCR.

- Responsible for business requirements and supporting the design, build, test and implementation of consistent and robust

- IFRS9 systems and processes based on official WCR Management methodology and in line with WMR systems- strategy.

- Key member of the WCR IFRS9 Change Delivery team; supporting Project Manager on end-to-end - change- delivery (incl. control framework)

- Responsible for documenting test cases through interpretation of the business requirement & discussion with Risk Managers /Risk Analystics and working with Risk IT on designs & solution specifications

- Responsible for User Acceptance Tests (UAT); including test approaches, test plans, test cases and test execution

- Responsible for migration & implementation planning and support of business changes into production

- Create and embed Target Operating Models where required.

Principal Accountabilities : Key activities and decision making areas Typical Targets and Measures

Impact on the Business :

- Enhancing infrastructure for the WCR IFRS9 Impairment process and external regulatory demands

- Documenting and improving the control framework through effective testing

- Ability to map out end to end processes, analyse any gaps in those processes and document interim and strategic solutions

- Clear and concise verbal and written communication

- Ability to summarise complex and detailed information

Customers / Stakeholders

- WCR Management

- Group Wholesale & Market Risk

- Finance/Regulatory Finance

- Group Risk Analytics

- Front Office IT

- Group Risk Technology

- Developing and sustaining good relationships with all stakeholders

- Articulate stakeholder requirements concisely

- Demonsrate open dialogue and transparency on processes and controls

Strong client relationship skills demonstrated by ability to liaise with SME's of all levels

Leadership & Teamwork :

- Engaging with all levels of people

- Participating in project working groups

- Providing cover for projects that other team members are working on

- Liaising with regional change delivery teams to ensure completeness of project requirements & 8 test cases

- Approval and sign off for project business requirements & test cases

- Ownership of Actions from working groups specifically for test strategy plan and execution

Operational Effectiveness & Control :

- Ensuring there is a robust control environment and any improvements are prioritized and improved

- All controls are in line with internal and external expectations

- Drive and lead the implementation of innovative solutions. - Documented process changes

- Regulatory requirements are captured, documented and in line with delivery timelines and commitments

Major Challenges (The challenges inherent in the role that require a continual test of the role holder's abilities) :

- Fragmented environment with large number of source and legacy systems

- Constantly changing and increasingly demanding regulatory environment

- Local specifics and (legal) restrictions

- Risk and Finance Stakeholders

Role Context (The environment and operating conditions of the role including the extent of guidance and authority) :

- The role holder will have experience at operating within a banking and technical environment, familiar with Operating Test life cycle with a Wholesale Risk & Finance Enrichment

- A key element of this role is to manage stakeholder relationships in the business for all change related to multiple business initiatives in the Finance & Risk functions.

- Key relationships with team members/Group/Regional/Finance Teams/Risk Teams/IT/GFC are essential.

- Consistently apply Group Strategy/standards making optimum use of Group resources.

- The jobholder is responsible for the completion of assigned tasks, and escalate risks and issues.

- System implementations, where it impacts Capital Requirements/RWA, are also under regulatory scrutiny and require adequate documentation and must adhere to disclosure requirements

Management of Risk (Operational Risk / FIM requirements) :

- N/A

Observation of Internal Controls (Compliance Policy / FIM requirements) :

- Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

- The jobholder will adhere to the Group compliance policy. The term - compliance- embraces all relevant financial services laws, rules and codes with which the business has to comply. This will be achieved by adhering to all relevant processes/procedures. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.

- Internal Control Standards And Relevant Compliance Policy

Role Dimensions (e.g. balance sheet size, lending/expenditure limits, size/volume of transactions, budget. in USD- 000)

- N/A

Headcount reporting to this role Direct: Indirect: Total:

Knowledge & Experience / Qualifications (For the role - not the role holder. Minimum requirements of the role.) :

Essential Techinical Experience Required :

- Experience in the Financial Services industry in a business analyst role involved in change programmes

- Knowledge of WCR methodology and regulatory frameworks

- Experience & knowledge of testing lifecycle; including test approach, plans, techniques & tools

- Experience in documenting business requirements

- Understanding of processes and capable of documenting process and data flow charts

- University graduate in Finance, Mathematics, Computer Science or numerate disciplines.

Desirable Technical Experience :

- Experience in working with the following department/s in a large financial institution; Risk Management, Finance Risk Analytics

- Experience and knowledge of software development lifecycle (SDLC); including functional specifications, design and development activities

- Ability to understand and use complex systems and take a logical and constructive approach to investigating and communicating system problems

- Expertise in data analysis - regression testing, large volume data comparisons, understanding relationships in the underlying data

- Database design/knowledge

Personal Skills :

- Attention to detail and a methodical & structured approach

- Excellent communication skills

- Strong time management skills

- High level of expertise in Excel, Access, PowerPoint, Visio and MS-Project (or equivalent); capable of developing prototype solutions which can be quickly converted to production applications by Risk Technology

- Test tools; Quality Center, ALM, JIRA, ClearQuest.

Interested Candidate please apply with your updated CV at the earliest with current and expected ctc with notice period on

Shraddha Mehta