Vice President Quantitative Modeling and Stress Testing Analysis

Key Skills

Analytical and Problem solving, Data science techniques, Effective communication skills, Finance, Management, Microsoft Office suites, Presentation skills, Python Programming, Statistics

Job Description

• Working with business partners to provide financial and technical analysis and recommendations regarding current and/or proposed PPNR models.
• Working with businesses, risk and finance teams to submit and validate data and analyze the consolidated results.
• Production of the final regulatory 14A submission and data quality assurance of the submission; and partnering with other CCAR teams such as documentation, process or review and challenge in order to provide and analyze results.
• Implementing/onboarding models developed onto in house developed model execution platform.
• Model development, validation and model execution platform code maintenance and enhancement.

For this role, HSBC targets a fixed pay range between $160,000.00 and $230,000.00.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

• Minimum of five years of combined proven experience in the following areas - Economic Research, Economic Forecasting, Credit Risk Management, Market Risk Management, Model Development, Model Review, Model Implementation, Data Science or equivalent. Financial Services industry experience preferred
• Advanced (masters or PHD equivalent) degree in a quantitative (e.g. science, mathematics, engineering, econometric, financial engineering) field.
• Proficiency in programming language (e.g. Python) required
• Proficiency in Microsoft Office suite required
• Experience in statistical model development
• Basic knowledge of bank stress testing and CCAR requirements 
• Strong ability for problem solving, attention to detail, communication, analytical, and presentation skills 

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!