Job description Posted 18 July 2022

Role – Business Analyst

Rate – £522.50 [PAYE] £678 [Umbrella]

Location – London, hybrid

Duration – 6 months, scope for extension

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. They are currently seeking an experienced individual in the role of Business Analyst.

 

Role Purpose:

Within the Wholesale Basel 3.1 Programme, this role sits under the Collateral work stream which is mandated to i) capture new collateral data from GB, Commercial Banking (CMB), and Global Trade and Receivables Finance (GTRF) required by the updated Basel calculations and ii) to deliver a global TOM and data capture solution for the ongoing assessment and evidencing of collateral eligibility (for use in capital calculations as a credit risk mitigant) across the Wholesale business.

 

The role holder will be expected to work closely with the business analysis POD and the development team to write detailed user stories from signed off business requirements documentation and to liaise with the build and test team to ensure that requirements are delivered to specifications.  As delivery progresses, the candidate would be expected to be able to step into a junior Product Owner position with ownership of delivery related to one discreet capability or site.

 

Key Accountabilities:

  • Understanding of end-to-end credit process and hands-on experience with collateral management systems and credit risk systems in general 
  • Knowledge of collateral; including collateral types, collateral-related data attributes, criteria for use in credit risk mitigation, impact on modelled risk parameters, collateral perfection, revaluation, discharge / release etc 
  • Experience of all stages within the Programme / Project lifecycle including initiation, scope definition, requirements gathering and traceability, testing, training
  • Presentation of complex ideas succinctly, both verbally and in written form
  • Preparation of content for and presentation to governance forums and senior stakeholders
  • Excellent presentation and interpersonal skills, stakeholder engagement and management
  • Working within agile project delivery
  • Previous delivery of CRD4 and Basel 2/3 is also desirable

 

Knowledge and Experience:

Domain Knowledge

  • Credit Risk framework
  • Collateral management within a wholesale banking environment (highly desirable)
  • An understanding of risk parameters: PD, LGD, EAD, EL, RWA (desirable)
  • Regulatory Framework and Basel III accord (desirable)
  • Understanding of risk management and credit mitigants
  • Overall financial services industry knowledge with specific functional expertise

 

Capabilities

  • Business & Systems Analysis, Requirements Management, Process re-engineering
  • Highly proactive and able to work independently
  • Taking ownership of the deliverables and achieving desired outcome within agreed timescales
  • Excellent communication, inter-personal and negotiating skills
  • Excellent decision making and problem-solving ability
  • Advanced judgmental skills to identify, record and resolve problems
  • Experience of working with disparate teams and resources located remotely
  • Proven ability to work across regions whilst maintaining a global perspective
  • Proven ability to work with senior stakeholders and business sponsors
  • Ability to research and develop themes for client deep dive sessions and internal business meetings
  • Strong IT skills (including Word, Excel, Powerpoint etc)

 

Experience:

  • Proven track record as an outstanding business analyst and / or consultant with multi-year experience within the Financial Sector and with a focus on Wholesale banking and Credit Risk
  • Desirable to have experience at HSBC within regulatory projects or Credit Risk
  • Prior experience of delivering a collateral management solution is desirable