Senior Manager, Model Risk Management Strats

Job Description: Senior Manager, Model Risk Management Strats at HSBC

Brand: HSBC

Area of Interest: Investment Banking, Markets, and Research

Location: London, GB, E14 5HQ

Work style: Hybrid Worker

Date: 30 Apr 2025

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

About Model Risk Management (MRM) at HSBC

MRM is structured as a global function, led by the Chief Model Risk Officer (CMRO), reporting directly to the Group Chief Risk and Compliance Officer (GCRCO) to maintain independence. MRM acts as the second line of defence for model risk, with regional teams providing local expertise and global activity ensuring consistency and regulatory compliance.

Role Overview

We are seeking an experienced individual for the role of Senior Manager, Model Risk Management Strats. The role is based in London with a hybrid working arrangement.

Key Responsibilities

1. Ownership and delivery of a scalable data-model aggregating critical model risk system data, supporting solution delivery and business requirements.
2. Deliver the Model Risk Risk Appetite Statement (RAS) reporting for HSBC Group Board, Group Chief Risk Officer, and the Chief Model Risk Officer, ensuring BCBS239 compliance.
3. Provide accurate reports and solutions for managing model risk, including dashboards, data quality updates, and analytics.
4. Lead the creation of Business Requirement Documents for model risk systems.
5. Develop and maintain model risk reporting dashboards and management information for internal and external stakeholders.
6. Analyze model risk reports to identify trends and policy adherence issues.
7. Lead quantitative change projects to improve model risk management efficiency.
8. Suggest process and reporting enhancements to drive efficiency across the model lifecycle.

Minimum Requirements

1. Significant experience with Python.
2. Strong understanding of model development or risk management processes.
3. Ability to identify and implement process improvements.
4. Excellent knowledge of Microsoft Excel and handling large data sets.
5. Ability to analyze complex data and develop analytic tools.
6. Innovative mindset with knowledge of latest working methods.

Our Commitment

At HSBC, we value diversity and inclusion, creating accessible workplaces for everyone. We are a Disability Confident Leader and welcome candidates with disabilities or neurodivergence who meet the minimum criteria. For accommodations during the recruitment process, please contact our Recruitment Helpdesk.