At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.Here in France, you’ll help evolve and grow our business.Are you interested in presenting complex statistical concepts and results to non-technical audiences in a persuasive and compelling manner? Are you team-oriented mentality combined with ability to complete tasks independently to a high-quality standard ?If you answered yes to any of these questions, we want to hear from youWhat you will do:Independent Model Validation is a specialist quantitative role within the Model Risk Management team responsible for carrying out independent validations of HSBC’s model landscape, in order to identify and communicate model limitations and issues.
You will be part of our Wholesale Client Services team which focuses on supporting our corporate clients, both for new businesses as well as existing customers with their banking needs. The whole team collectively will take responsibility for the operational effectiveness of the client relationship, helping clients and Relationship Managers (RMs) navigate HSBC’s Global Network, Local Coverage, and Product Support Teams. You will manage all aspects of client servicing for an assigned group of RMs within our Global Banking portfolio, ensuring industry leading high quality of service is delivered at all times.In this role you will:Leading independent model validations of Wholesale IRB models (PD/LGD/EAD/Slotting) in Continental Europe. Validate remediation activities completed by the 1LOD to ensure appropriate resolution of identified issues.Work with relevant stakeholders (across 1LOD, 2LOD, 3LOD) to ensure that newly developed Wholesale IRB models are compliant with internal and regulatory expectations.Stay informed about the current regulatory requirements from the ECB and engage in global methodology committees to ensure compliance with this regulation.Drive the partial automation of validation activities in Python.Actively support and help more junior team members by upholding a culture of excellence ownership in the team.At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.Here in France, you’ll help evolve and grow our business.Are you interested in presenting complex statistical concepts and results to non-technical audiences in a persuasive and compelling manner? Are you team-oriented mentality combined with ability to complete tasks independently to a high-quality standard ?If you answered yes to any of these questions, we want to hear from youWhat you will do:Independent Model Validation is a specialist quantitative role within the Model Risk Management team responsible for carrying out independent validations of HSBC’s model landscape, in order to identify and communicate model limitations and issues.
You will be part of our Wholesale Client Services team which focuses on supporting our corporate clients, both for new businesses as well as existing customers with their banking needs. The whole team collectively will take responsibility for the operational effectiveness of the client relationship, helping clients and Relationship Managers (RMs) navigate HSBC’s Global Network, Local Coverage, and Product Support Teams. You will manage all aspects of client servicing for an assigned group of RMs within our Global Banking portfolio, ensuring industry leading high quality of service is delivered at all times.In this role you will:Leading independent model validations of Wholesale IRB models (PD/LGD/EAD/Slotting) in Continental Europe. Validate remediation activities completed by the 1LOD to ensure appropriate resolution of identified issues.Work with relevant stakeholders (across 1LOD, 2LOD, 3LOD) to ensure that newly developed Wholesale IRB models are compliant with internal and regulatory expectations.Stay informed about the current regulatory requirements from the ECB and engage in global methodology committees to ensure compliance with this regulation.Drive the partial automation of validation activities in Python.Actively support and help more junior team members by upholding a culture of excellence ownership in the team.

You should apply if you have:Extensive experience in developing or reviewing Wholesale IRB models. Extensive knowledge of the applicable regulations on Wholesale IRB models by EBA and ECB.Comprehensive knowledge of statistical model and scorecard development techniques.Experience with some statistical modelling software / programming language e.g. SAS, Python, R, Matlab, C , VBA.Ability to present complex statistical concepts and results to non-technical audiences in a persuasive and compelling manner.Team-oriented mentality combined with ability to complete tasks independently to a high quality standard.Even if you feel you do not fit 100% of our qualifications, we encourage you to not let this hold you back from applying if you believe this is the role for you.What you’ll get in return:Not only is HSBC a great place to work, but we also offer the following unique and exciting opportunities and benefitsHSBC has been certified “Top Employer 2024” in Europe. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in France, Germany, Italy, Luxembourg, Poland and Spain. HSBC in France has been certified with LinkedIn Top Employer 2024 for Finance, recognising our team as a great place to work within the Finance industry.A unique and flexible working environment:Advantageous remote working agreement Diversity and Inclusion is at the heart of our business: joining HSBC will give you the opportunity to work in a collegiate and supportive environmentYou’ll be able to join our Employee Resource Groups that bring together colleagues with shared characteristics and common interestsUsual local benefits (refund of transport fees at 50%, 5 weeks of paid vacation RTT)Family events days off, additional maternity or breastfeeding leave, advantageous paternity leave, parental presence or dependency support leave (for child or parent with disability)A Time Savings Account to monetize your untaken off days (CET)Family benefits:Partial reimbursement of childcare costs Various bonus (birth bonus, back-to-school bonus for your children up to 25, parental bonus)An allowance for parents of children with disabilitiesPossibility to work part-time

Financial benefits:

A company savings plan and a savings plan for collective retirement Meal voucher card or corporate restaurant depending on your place of employmentMutual insurance for you and your family, and a pension contract to protect your loved onesA loyalty bonus and a long-service medal rewarding seniorityHoliday vouchers based on your reference tax incomeCESUs (for tax purposes) if you are disabled or if you have a disabled child, spouse or parentA Work Council which offers, among other things, ticketing, travel, sports, legal aid, etc.Personal development benefits:Access to our Degreed platform (learning platform above all, that you can use to discover learning content, develop skills, and successfully meet new business challenges) We’ll help you progress your career, including access to development programs, mentoring and coaching, as well as world-class training through HSBC UniversityWe’ll give you access to resources that support your mental, physical, and social well-beingBeing open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.If you have a need that requires accommodations or changes during the recruitment process, please let us know.Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.For further information on building your career at HSBC, please visit: www.hsbc.com/careers.

You should apply if you have:Extensive experience in developing or reviewing Wholesale IRB models. Extensive knowledge of the applicable regulations on Wholesale IRB models by EBA and ECB.Comprehensive knowledge of statistical model and scorecard development techniques.Experience with some statistical modelling software / programming language e.g. SAS, Python, R, Matlab, C , VBA.Ability to present complex statistical concepts and results to non-technical audiences in a persuasive and compelling manner.Team-oriented mentality combined with ability to complete tasks independently to a high quality standard.Even if you feel you do not fit 100% of our qualifications, we encourage you to not let this hold you back from applying if you believe this is the role for you.What you’ll get in return:Not only is HSBC a great place to work, but we also offer the following unique and exciting opportunities and benefitsHSBC has been certified “Top Employer 2024” in Europe. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in France, Germany, Italy, Luxembourg, Poland and Spain. HSBC in France has been certified with LinkedIn Top Employer 2024 for Finance, recognising our team as a great place to work within the Finance industry.A unique and flexible working environment:Advantageous remote working agreement Diversity and Inclusion is at the heart of our business: joining HSBC will give you the opportunity to work in a collegiate and supportive environmentYou’ll be able to join our Employee Resource Groups that bring together colleagues with shared characteristics and common interestsUsual local benefits (refund of transport fees at 50%, 5 weeks of paid vacation RTT)Family events days off, additional maternity or breastfeeding leave, advantageous paternity leave, parental presence or dependency support leave (for child or parent with disability)A Time Savings Account to monetize your untaken off days (CET)Family benefits:Partial reimbursement of childcare costs Various bonus (birth bonus, back-to-school bonus for your children up to 25, parental bonus)An allowance for parents of children with disabilitiesPossibility to work part-time

Financial benefits:

A company savings plan and a savings plan for collective retirement Meal voucher card or corporate restaurant depending on your place of employmentMutual insurance for you and your family, and a pension contract to protect your loved onesA loyalty bonus and a long-service medal rewarding seniorityHoliday vouchers based on your reference tax incomeCESUs (for tax purposes) if you are disabled or if you have a disabled child, spouse or parentA Work Council which offers, among other things, ticketing, travel, sports, legal aid, etc.Personal development benefits:Access to our Degreed platform (learning platform above all, that you can use to discover learning content, develop skills, and successfully meet new business challenges) We’ll help you progress your career, including access to development programs, mentoring and coaching, as well as world-class training through HSBC UniversityWe’ll give you access to resources that support your mental, physical, and social well-beingBeing open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.If you have a need that requires accommodations or changes during the recruitment process, please let us know.Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.For further information on building your career at HSBC, please visit: www.hsbc.com/careers.