Vice President - Model Risk Management Professional Practices

Vice President - Model Risk Management Professional Practices

Miejsce pracy : Kraków

Your responsibilities

• Lead the planning, testing / assessing, documenting, and reporting to senior management on appropriateness of :
• Model validation standards, guidelines, playbooks and technical manuals.
• Individual model validation reports; reviewing both technical and presentational aspects.
• Independent Model Validation peer review processes and outputs.
• Oversee the administration of the peer review processes.
• Provide input to validation policy and validation sampling approaches.
• Provide feedback to Model Validation colleagues on findings from assurance reviews.
• Lead the delivery of trainings.
• Provide advice and guidance to model validation colleagues.
• Deliver high quality, timely reports on findings from assurance reviews.
• Liaise with model risk management colleagues globally.
• Contribute to management, regulatory, and external confidence in all models used across the group.

Our requirements

What we offer

Benefits

Recruitment stages

About the role

Model Risk Management (MRM) at HSBC is structured as a global function, headed up by the Chief Model Risk Officer (CMRO). The MRM function reports directly to the Group Chief Risk and Compliance Officer (GCRCO) ensuring its independence from the model developing and owning areas of the firm.

MRM are the second line of defence (2LoD) for Model Risk and the CMRO is the global Model Risk Steward for the group and is also accountable for the global operation of the MRM function. MRM teams are based in each region, to ensure local subject matter expertise and to guide, review, and challenge. MRM activity is managed on a global basis as many models are used in multiple locations. This enables MRM to operate consistently and efficiently globally, and to take account of additional local regulatory requirements.

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.

The Independent Model Review, Professional Practices team is responsible for establishing, implementing, and maintaining the independent validation framework in alignment with the Group Model Risk Policy, industry best practice and HSBC’s model landscape and for providing oversight and review of model validation teams’ testing and reporting processes and outputs.

HSBC Service Delivery (Polska) Sp. z o.o.

HSBC is one of the world’s largest banking and financial services organisations. Our global businesses serve more than 40 million customers worldwide through a network that covers 63 countries and territories.

HSBC Service Delivery (Polska) Sp. z o.o. is HSBC's global finance, operations, risk and technology centre. We use our unique expertise and capabilities to provide specialised services – our people range from technologists transforming the banking experience to operations professionals managing 1.7 trillion payments a year.

Our Purpose – Opening up a world of opportunity – explains why we exist. We are bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

Thank you for interest in HSBC. . Before you apply, please note that we will take into the consideration only applications that include the following statement : . “I hereby declare that I have familiarised myself with the Privacy Statement for Applicants published at http : / / www.about.hsbc.pl / careers and I give my consent to use my personal data included in my application for the purposes of recruitment in HSBC Service Delivery (Polska) Sp. z o. o. according to the rules described in the Privacy Statement for Applicants, as per the Regulation (EU) 2016 / 679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95 / 46 / EC (GDPR).” . Due to the high number of applications, we reserve the right to contact selected candidates only. . In case you would like to resign from participation in the recruitment process or withdraw previously sent application, please email us at : krakow.recruitment@hsbc.com.