AVP/Senior AVP-Credit Risk Models Validation

AVP/Senior AVP – Credit Risk Models Validation

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If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Your career opportunity

The role of the AVP/Senior AVP is to perform model review (i.e., quantitative analysis and qualitative research with focus on model data, design, performance, and implementation) to formulate opinions about models’ conceptual soundness and adequacy for intended usage. Role responsibilities also cover documentation of conclusions and identified model risk indicators.

What you’ll do

• Comprehensive model reviews to assess conceptual soundness, data integrity, performance, implementation, and adherence to regulatory and/or internal requirements.
• Being able to challenge constructively model owner choices.
• Building effective relationships with the model developers to ensure proper communication and anticipate requests.
• Support a high-performance culture through collaboration and effective people interaction.
• Documentation of conducted assessments and model risk indicators in thorough review reports including recommendations for model improvements.
• Tracking completion of review recommendations.

What you need to have to succeed in this role

• 4+ years of experience in Development/Validation of Retail or Wholesale Credit Risk Models (PD/LGD/EAD/Slotting models used for Regulatory Capital, Credit Decisioning, IFRS9, Stress Testing)
• Knowledge of statistical models and scorecard development techniques. Experience in assessing model performance.
• Good understanding of statistical modelling software / programming languages, e.g., Python, R, SAS, Matlab, VBA.
• Master’s or PhD degree in a quantitative discipline like Financial Mathematics, Statistics, Econometrics, Quantitative Finance, Economics or Engineering.

What we offer

• Competitive salary
• Annual performance-based bonus
• Additional bonuses for recognition awards
• Multisport card
• Private medical care
• Life insurance
• One-time reimbursement of home office set-up (up to 800 PLN).

• Corporate parties & events
• CSR initiatives
• Nursery discounts
• Financial support with trainings and education
• Social fund
• Flexible working hours
• Free parking

If your CV meets our criteria, you should expect the following steps in the recruitment process:

• Online behavioural test (for external candidates only)
• Telephone screen (for external candidates only)
• Zoom interview with the hiring manager

We are looking to hire as soon as possible so don’t wait and apply now!

You'll achieve more when you join HSBC.