Quantitative Risk Manager

il y a 2 semaines


Paris, Île-de-France HSBC Temps plein
About the Role

This is a challenging opportunity to join the Global Risk Analytics (GRA) function at HSBC, where you will play a key role in identifying and investigating deficiencies in Credit Conversion Factor (CCF) and XVA models. Your expertise will be instrumental in developing enhanced methodologies and software/library components to improve the accuracy of CCF and XVA risk measurement and management.

Key Responsibilities
  • Review and improve or re-build existing CCF and XVA models and methodologies
  • Drive improvements to the systems and data infrastructure supporting deployment of CCF and XVA models
  • Coordinate projects aimed at aligning methodologies, governance, and policies around the Group
  • Keep abreast of business and regulatory requirements
  • Engage in industry discussions to inform policy
Impact on the Business/Function
  • Appropriately calibrated and applied traded credit models ensure that risk is accurately quantified, allocated, and managed
  • Regulatory approval for effective traded credit models aligns risk measurement and capital, removing arbitrage
  • Understanding of regulatory requirements enables the business to prepare for changes in regulation
  • Effective communication with the GRA team ensures a strong common understanding of models and best practices
  • Providing bespoke analysis for new business ensures that the business can make appropriate risk/capital assessments
Requirements
  • Understanding of traded credit risk and ability to quantify risks using advanced mathematical techniques (Stochastic calculus) and programming languages (C++, Python, Java)
  • Forming a good understanding of the credit risk exposure taken within HSBC to guide the development of new or enhanced risk methodologies
  • Ability to clearly explain model details to other areas of the bank in non-technical language
  • Developing a clear understanding of regulatory expectations and requirements
  • Ability to lead and manage a project involving different stakeholders across several geographies
  • Autonomy and ability to meet tight deadlines
  • Ability to manage ambiguous requirements and make effective decisions
About HSBC

HSBC is a trusted international organization with a global customer base of around 39 million customers worldwide through a network that covers 62 countries and territories. In Europe, our ambition is to become the leading international wholesale bank, and we need talent like you to help us meet our ambition.


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