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Credit Risk Analytics

Kolkata, West Bengal

Black Turtle

Job Description

The WMR Analytics Function is accountable for Model Risk to the Group.WMR Analytics, is a newly formed quantitative analytics function spanning across the HSBC sub-functions of WMR (market risk, CVA, CCR, credit), Operational Risk, Regulatory and Financial Crime Compliance, this is a high risk environment in the financial services industry, with the impact from regulators, customers, shareholders and the media is at an exceptional level, meaning that compliance with the letter and spirit of regulation globally has never been more important.
WMR Analytics provides analytics support to various group businesses and functions. Typical deliverables include data analysis, providing analytics insights, model development, validation, calibration, strategy development, monitoring and reporting, information management and business intelligence. The deliverables form the basis for strategic planning by the senior management for businesses and enables effective decision making to satisfy business needs and requirements along with addressing unforeseen challenges. The WMR Analytics team is an arm of the Group and regional WMR team supporting them with its overall commitments to global businesses and to the regulators.
This role will be responsible for supporting the portfolio analytics, Regulatory reporting and data based decision making across the commercial banking portfolios within the HBEU region. This would include providing analytical support towards portfolio credit risk management with expected contribution focus towards data analysis, regulatory risk reporting, IFRS9 implementation, S166 data quality review etc.

Principal Accountabilities: Key activities and decision making areas Typical Targets and Measures
Impact on the Business

Work with HBEU WMR to deliver various WMR Portfolio risk priorities including risk analytics, segmentation, regulatory risk reporting, Ring fenced Banking, IFRS9 framework implementation etc.
Manage independent projects and provide best in class solutions to Group/ regions on the above analytical problem. A hand on analytical deep dive into the process and designing solutions is must requirement for the role.
Innovate, Drive standardization across regions by owning and delivering various Portfolio analytics Global standard solutions out of WMR Analytics.

Projects delivery on time with continuous improvement.

Measure: Internal and external stakeholder feedback
Customers / Stakeholders

Group and Regional stakeholders in WMR space covering:-
Lead of Wholesale RiskAnalytics
Head of HBEUWholesale analytics
Timely and appropriate update to stakeholders on project progress.

Measure: Internal and external stakeholder feedback
Leadership & Teamwork

Maintain strong working relationships with multiple stakeholders including in regions depending on the priority
Drive quality outputs and design solutions to portfolio analytical problem and create capability
Promote collaboration with HBEU Regional teams to achieve business objectives
Create capability and independent project leadership abilities

Target: Engage workforce to maximize
contribution and commitment

Measure: Internal and external stakeholder feedback

Operational Effectiveness & Control

Working as per WMR Analytics Operational requirements, internal control and FIM.
Areas to focus on:- data security, compliance, adherence to minimum standards of model development etc.
Target: Adhere to all guidelines and requirements

Measure: NIL audit finding

Major Challenges (The challenges inherent in the role that require a continual test of the role holders abilities)

The key risks/dependencies:
Inadequate business information sitting off-shore and data complexities
Unstructured business problem and frequent changes in scope
Frequent ad-hoc queries with quick turnaround time
Building consistent standards across Model development, Portfolio Risk Management across countries
The objective is to develop a consistent framework to assess the risk of any commercial banking portfolio across the group, monitor the performance of the portfolio, and identify risk within the portfolio.
Management of Risk(Operational Risk / FIM requirements)
The jobholder will continually reassess the risks associated with the role and business area, taking account of changing economic and market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring, and the impact of new technology. This will be achieved by all actions take account of the likelihood of risk occurring and addressing any areas of concern with the appropriate persons and/or departments.
Observation of Internal Controls(Compliance Policy / FIM requirements)
Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

Role Dimensions (e.g. balance sheet size, lending/expenditure limits, size/volume of transactions, budget. in USD000)

Knowledge & Experience / Qualifications(For the role not the role holder. Minimum requirements of the role.)
Masters in any numeric discipline :-
Engineering (or B-tech with relevance experience)
MS / MBA in Finance

At least 5 to 6 years of professional experience in financial services
Prior experience in credit risk analytics, risk management and WMR Portfolio analytics would be preferred
Understanding of regulatory implications and relevance
Understanding of commercial banking and related products


Highly focused on project delivery, attention to detail
Excellent written and verbal communication skills
Strong collaborative, influencing and team building skills
Strong analytical and problem solving skills, open minded, flexible, pragmatic
Strong documentation and summarizing skills for senior audiences
Strong programming skills in SAS and experience of working with large volume of data
Good estimating and planning skills
Able to progress multiple tasks at the same time
Able to work independently, with minimal supervision
Willing to work with colleagues in other areas/timezones where appropriate

Company Description

BLACK TURTLE is a premier talent management consultancy firm. The Indian arm was established... in the year 2000. Since then the unit has grown manifold and is ranked among the Top 10 across various services and functions.

BLACK TURTLE offers a wide range of services spread across various industries and functions. These services range from executive recruitment to consultancy in devising HR policies to attract and retain the best talent. It includes servicing niche recruitment needs to RPO. We offer multiple solutions under one roof.
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Additional Information

Last updated:
Job type:
Full time
Position type:
Minimum experience:
Between five and ten years
Compulsory Education
Salary range:
₹ 9,00,000 - ₹ 19,00,000 / Yearly (Gross Pay)
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