Business Analyst – IRB Model Lifecycle
Contract until end of Dec 2025
London / Birmingham – including remote working
Competitive rate
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. We are currently seeking an experienced individual to join this team in the role of Business Analyst – IRB Model Lifecycle.
Role Purpose:
The Wholesale Credit & Lending Value Stream is responsible for delivering high priority solutions to simplify, digitise at scale and automate the credit and lending journey, as well as supporting the creation of a new, globally consistent credit and lending organisation serving the wholesale business lines. This will enable us to collectively build towards our vision of becoming a leader in digitally enabled domestic and cross border lending across the network and improving customer experience.
The Value Stream construct allows us to focus on a single set of aligned objectives, collaborate to deliver our target architecture while maintaining the effective delivery of credit and lending services.
The purpose of this role is to support the delivery of a series of enhancements to our Internal Ratings Based (IRB) Credit Risk model development capabilities to shorten the time taken to build, test, validate and deploy changes to wholesale IRB models. This is a high priority activity which will enable HSBC to meet several high-profile regulatory commitments.
Role Responsibilities:
• Leading activities to review and analyse IRB model development processes and systems to identity design implications and changes needed to automate and re-engineer processes to drive efficiencies and reduced time to market.
• Collaborate with key functions (e.g. lines of business, Global Risk Analytics, Internal Model Review, Internal Audit, Wholesale Credit Risk, Data Architects, IT) within the model lifecycle to document current state processes and lead the design of proposed target state.
• Plan and lead the reengineering of processes, systems and controls and deliver the agreed outcomes (considering risk, end-to-end and cost)
• Overall support to impact assessment for change requests on design, scope, time, budget or effort on programme plan and provide accurate estimates for handling new requirements, design changes and scope.
• Work with stakeholders in other locations to understand local implications of changes in processes and systems and regulatory expectations.
• Management of external service providers where required.
Knowledge & Experience:
• 8+ years Business Analysis experience
• Understanding of models and model development lifecycle, ideally Wholesale Credit Risk models
• Knowledge of Capital Requirements Regulations or Credit Risk management.
• Strong analytical background with a high degree of attention to detail
• Working in cross-functional teams to drive requirements capture.
• Experience in business and process analysis, change initiatives & re-engineering.
• Experience in planning and deploying both business and IT initiatives.
• Agile expertise - takes ownership of building agile capabilities in teams ensuring the right process are in place for agile requirement capture.
• Leading and empowering cross-functional teams
Capabilities
• Strong interpersonal and communication skills with a proven ability to communicate effectively and confidently at all levels across the Group.
• Challenge business intent in a constructive manner to accurately define requirements and design detailed business solution and structures.
• Continuously look for innovative ways to improve business outcomes and add value to customers/stakeholders/colleagues.
• Strong organizational, time management and planning skills in order to cope with multiple large-scale responsibilities.
• Ability to build strong relationships across Business, IT and Operations
• Flexible and able to adapt in a fast-paced, changing environment.
• Confident and open to challenging existing protocols and processes.
• Experience of building and maintaining strong relationships with stakeholders (at all levels of seniority)
• Experience of developing methodology and shaping policy for IPV / FVAs is a distinct advantage
• Experience of managing a team, especially across multiple locations, is an advantage
• Accounting qualification (ACA, ACCA, CA or equivalent) is an advantage
If you think you are up for the task and feel you meet the above criteria or interested to hear more information, please contact me on Amy.walker@tapfin.com
Please note, in the event of a high volume of applications for this role, we will not be able to respond to each individual applicant. Unfortunately, if you have not been contacted after 7 days then we will not be progressing with your application. Thank you for your understanding