VP Decision Analytics

Some careers open more doors than others. 

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.   

Risk and Compliance is a global function that brings together all aspects of regulatory and financial crime risk management. Acting as risk stewards, and incorporating a range of specialist teams, we work together with the business and leverage advanced technology to help HSBC navigate a complex regulatory landscape and embed a sustainable approach to compliance risk management that supports safe growth and ensures fair outcomes for clients. Compliance aspires to continuously raise the bar and set leading standards across the industry to help HSBC safeguard its customers and the communities within which it operates. 

The incumbent is responsible for ensuring that INM Risk Infrastructure and portfolio tracking framework is always fit for purpose. This includes all models, scorecards and frameworks used at different stages of the credit cycle. The incumbent will also be responsible for managing all audit requirements, around portfolio delinquency management, models and frameworks including Regulatory audits. The incumbent will manage the annual AFI from a portfolio risk, model risk perspective, provide appropriate assurance on all analytics and data related to credit bureaus.

a)     Manage all Regulatory requirements from a portfolio/model management framework perspective.

b)     Manage RBI AFI from a Portfolio/Model Risk perspective.

c)      Monitor the performance of all the retail assets book, scrore-cards, frameworks and model used WPB Risk - acquisition, portfolio, stress testing, IFRS-9.

d)     Manage annual Regulatory Stress testing exercise - EWST. Suggest overlays where needed.

e)     Support RRA in developing new strategy, scorecard, tiers and risk grades and monitoring performance of existing ones.

f)       Ensure that risks in unsecured book are identified and tracked against appetite. Any breaches on performance, caps and triggers have to be immediately highlighted/remediated.

g)     Ensure that risks arising out of defects in models, frameworks etc are mitigated using appropriate process overlays if possible.

h)     Responsible for all bureau related analytics, partner with credit bureaus to test new scores and products.

i)       Partner with various stakeholders to ensure bureau information is embedded in policies and risk management frameworks.

j)       Ensure portfolio reviews (scrubs) are done at appropriate frequency and this information is fully utilised in decision making.

k)      Manage monthly impairment overlays and monitor the provisioning process to ensure that adeuqate loss cover is available at all times.

l)       Work with GAC and sherwood teams in monitoring and refresh of sherwood models for all products.

m)    Work with product risk teams to ensure that sherwood is embedded in risk decisions. 

Principal Accountabilities: key activities and decision making areas 

Impact on the Business/Function

Ensure the following -

·        Validate portfolio outcomes against stated appetite, highlighting optimization requirements on an ongoing basis.

·        Validate outcomes from models and frameworks on an ongoing basis, test alignment with business strategy and look for swap-in/swap-out against risk appetite.

·        Model Validations – on an ongoing basis, determined by business strategy and as required by relevant FIM/RG and regulatory requirements.

·        Accountable for successful completion of annual projects such as –

a)     Sherwood

b)     Regulatory EWST

·        Accountable for Bureau usage and accuracy 

Typical Targets and Measures

•        Performance in GIA and RBI inspections.

•        Feedback from internal stakeholders.

Timely overlays where required 

Customers / Stakeholders

·        Regulatory Stress Testing  to INM CRO/CFO.

·        Models and Frameworks to Head INM WPB Risk and Head Retail Assets

·        Bureau - Head INM WPB Risk and Head Retail Assets 

About Company

HSBC (Hongkong and Shanghai Banking Corporation) is one of the world’s largest banking and financial services organizations. Headquartered in London, it operates in over 60 countries across Europe, Asia, the Americas, the Middle East, and Africa. Founded in 1865, HSBC offers a wide range of services including retail banking, commercial banking, investment banking, and wealth management. The bank focuses on connecting customers to global opportunities, especially in high-growth markets like Asia.