Senior Manager, Quantitative Analytics
Help One Billion
New York, NY (In Person)
$187,500 Salary, Full-Time
Skill Insights
Compare your current skills to what this opportunity needs—we'll show you what you already have and what could strengthen your application.
Job Description
Job description Serving as the lead, key contact and subject matter expert for Capital Markets Product Pricing models and model risk management in the US region; Acting as the business liason between Quant team members and our key US stakeholders; Ensuring that all model governance and risk management requirements are satisfied for Capital Markets Product Pricing models and model use cases used in the US (i.e. with respect to HSBC's model risk policy and model risk standards including the US Addendum); Providing written and verbal responses to inquiries from HSBC's independent model review team, auditors (both internal and external), and regulators as required; Play a key role in driving activities required to close outstanding Matters Requiring Attention (MRAs), Model Risk Indicators (MRIs), and audit findings; Generating management information (MI), slide decks, and papers on model risk management and the Quant book of work as required. For this role, HSBC targets a fixed pay range between $175,000 and $200,000. The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location. At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee's overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a "bonus"). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle. Requirements Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions. 5+ years of experience working as a Quantitative Analyst, model risk manager, model validator, or similar at a top-tier bank or "Big 4" consultancy; Demonstrable experience in Front Office / Capital Markets Product Pricing model development, risk management, governance, validation, or review; A thorough understanding of US regulatory requirements and industry-wide best practice relating to model risk management and governance; Demonstrable ability to take ownership of longstanding issues or new projects and see them through from initiation to completion; Outstanding attention to detail; Outstanding communication skills (both written and verbal); A keen eye for visual presentation and the effective communication of data; Proven ability to work to tight timelines, juggle multiple projects / deliverables, and reprioritise their workload on the fly as the demands of the business evolve; Demonstrable ability to collaborate with and successfully influence individuals with a wide variety of subject matter expertise and technical ability; Demonstrable ability to proactively identify issues, generate a plan to resolve them, and ensure that this plan is successfully executed; Demonstrable proficiency with Microsoft Excel and Powerpoint; Previous experience / fluency in HSBC's internal model risk policies and standards desirable but not required; Previous experience programming in C++, Python, or VBA desirable but not required. As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future! All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Apply