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.