Job Title: Senior Business Analyst
Duration: 12 Months
Pay Rate: £600 per day PAYE / Inside IR35
Location: London
Number of Position: 2
Role Purpose:
As part of the Latitude programme a BA is required to support the development and delivery of support framework methodologies across various asset types.
Expertise is required around
· Deep understanding of Wholesale Credit Risk Specifically Parental Support and upstream inputs
· Knowledge of Basel III and upcoming reforms impacting calculation and reporting of PD, LGD and EAD
· Excellent analysis (data and calculation) and solution development skills
· Good presentation and interpersonal skills
· Hold requirements workshops, determine and document target state requirements
· Significant experience of working with a combination of teams globally
Control
Managers are accountable for setting the ‘tone at the top’ which underpins the principles of a positive and effective internal control environment. They should exhibit leadership and direction to their teams for establishing and maintaining an effective internal control environment, including the development and management of policies and procedures where appropriate. Managers should also ensure that suitable processes are put in place to review and oversight that internal control environment against those policies.
Conduct
Culture & Behaviours
· Our culture supports our people and empowers them to consistently do the right thing for our customers and markets in which we operate
· Our people are competent and committed to the fair treatment of customers and not disrupting the integrity of markets
· We are open to challenge, we acknowledge when things go wrong, we fix things and we learn from our mistakes
· We reward and incentivise performance, behaviours and attitudes which deliver the fair treatment of customers and uphold market integrity
Markets
· We seek to prevent and will proactively identify actions and behaviours that constitute market misconduct, and respond appropriately
· We manage conflicts of interest and appropriately handle information to reduce the opportunity for misuse
Governance & Oversight
· Our governance framework provides effective oversight of how we fairly treat customers and uphold market integrity
Principal Accountabilities
Value Creation
· Anticipates and manages stakeholder expectations, fostering open and honest communication; resolves stakeholder conflict and represents the interests of other stakeholders
· Identifies and analyses complex problems involving the wider team; generates feasible and creative solutions considering all aspects and consequences; leads brainstorming meetings to discuss and/or resolve problems
· Questions current state and facilitates stakeholders to identify opportunities for improvement
· Uses understanding of the Group’s strategy, strengths, weaknesses and the external marketplace, to inform business decisions and create competitive advantage
· Understands different mind-sets and analyses options to develop implementable solutions
· Exhibits high energy, understands issues within team and galvanises others to achieve goals
· Gains a clear understanding of others’ point of view by listening, asking clarifying questions and reflecting back; encourages and facilitates open and honest debate with tact and integrity, even where sensitive issues are involved
· Articulates or translates complex information in clear, meaningful and structured way to suit audience
· Builds effective working relationships with analysis and design teams in our delivery partners and works well with external partners
· Often acts as an expert across multiple projects or programmes simultaneously, guiding the teams on their requirements gathering, design, change or implementation approach. May conduct one off business research and analysis tasks related to programme or project scope.
· Meeting key objectives in terms of scope, budget and timelines is critical to:
- ensure that regulatory fines are not applied
- externally reported data is robust and meets internationally agreed minimum standards
- internally reported data can be relied upon by executive management when making material business decisions
- sustainable cost saving targets are met.
Role Context
Global Risk Analytics (GRA) is a part of HSBC’s Global Risk Function which provides solutions using analytics, tools, and models to identify, measure and manage key risks. GRA currently covers Wholesale Credit and Market Risk, Financial Crime Risk, Regulatory Compliance and Operational Risk. As GRA is focused on model development and ownership, its activities are considered First Line of Defence.
The transformation function is responsible for delivery of change projects across GRA globally, working at local, regional and group levels. The team is responsible for process and organizational change as well as managing systems and technology projects.
The job is a major point of contact with the business and IT. The jobholder works independently and has a high level of flexibility to consult with the business at all levels. They will need to have the ability to work closely with and build good relationships with IT, IT Operations, Service Delivery, and with other delivery partners and Global Functions. The jobholder is expected to successfully engage in multiple initiatives simultaneously, taking a lead analyst role in larger projects that impact significant numbers of users and teams group wide spanning all lines of business.
The role holder may chair decision making governance bodies. The jobholder will not be subject to close supervision, and will be expected to exercise independent initiative and judgement in proactively overcoming obstacles to success, dealing with uncertainty and changing circumstances, such as interdependencies, opportunities or risks. He/she will be expected to adopt an agile and flexible approach to work and an outstanding level of professionalism and conduct.
The role holder will operate within the usual authority limits for a Business Analyst.
Knowledge & experience / Qualification
Subject Matter Expertise
· Good understanding of Credit Risk
o LGD and EAD Models
o RWA Calculation
o Controls & Reporting
· Excellent Product Knowledge
o Lending
o Trade and Receivables Finance
o Treasury Products
o Traded Products (Derivatives, Repos)
Knowledge
· Change management
o Excellent understanding of the programme / project lifecycle
o Excellent understanding of HSBC Business Transformation Frameworks and best practice techniques.
o A thorough understanding of the purpose, value, culture and fundamentals of HSBC Transformation
o Strong understanding of banking / HSBC and understanding of how change drives benefits for HSBC, its customers and other stakeholders
o Expert knowledge of the Groups modelling approach and system architecture, data flows and related processes
o Business re-engineering knowledge
o Advanced business analysis, requirements gathering and design techniques
o Experience of complex global implementations
· Global Risk Analytics
o A thorough understanding of the Model development lifecycle
o An awareness of modelling tools, techniques and systems
o Risk system architecture across Risk sub-functions – where relevant.
o Data management approaches and technology
o Understanding of the regulatory framework within which HSBC operates globally.
Experience
· Proven track record as an outstanding analyst or consultant
· Overall financial services industry knowledge with specific functional expertise
· Extensive experience of using multiple analysis techniques in a change environment, with a mix of business, operations and technology focused projects.
· Experience of business case development and a sound understanding of how design enablers underpin business benefits
· Strong experience of delivering change into different audiences and managing implementation in banking environments.
· Excellent communication, inter-personal and negotiating skills
· Excellent decision making and problem solving ability
· Advanced judgmental skills to identify and resolve problems
· Experience of managing teams and resources located remotely
· Ability to motivate and lead people, employing appropriate management styles
· Proven ability to work across regions whilst maintaining a global perspective
· Proven ability to work with senior stakeholders and business sponsors