Assistant Vice President, Model Risk Governance and Stewardship, HSBC

HSBC

Location:
India, Kolkata

Category:
Banking

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

Assistant Vice President, Model Risk Governance and Stewardship at HSBC. This role involves supporting model risk governance, policy implementation, reporting, and operational excellence in a complex and changing regulatory environment. The job emphasizes collaboration with stakeholders, process improvement, and fostering a positive risk-aware culture.

Job Responsibility:

Supporting the setting of the firm’s model risk policies and procedures
Supporting reviews to ensure policy is implemented effectively across businesses and functions
Producing and providing Model Risk Reporting on a regular basis
Supporting the development of appropriate training materials
Suggest enhancements to systems, tooling and/or working practices to improve efficiency
Prepare the related model risk governance reporting
Support the development of appropriate Model Risk Governance procedures, tools and management information
Work with colleagues in 1LOD(Line of Defense), 2LOD and 3LOD to deliver the broader set of Global Model Risk Governance deliverables
Contribute to management, regulatory, and external confidence in all models used across the group
Support the management of model risk across a large complex banking group
Support model risk whilst significant transformational activity is being implemented, both regionally and globally
Operate within a changing and rapidly developing regulatory environment
Continually support HSBC's approach to conduct and cultivate a positive risk aware culture, which is designed to ensure we deliver fair outcomes for our customers and do not disrupt the orderly and transparent operation of financial markets

Requirements:

Experience of model risk management, governance and/or model development / validation. Understanding of Risk Management Framework, Risk & Controls is mandatory
Experience of local regulators and regulations would be an advantage
Some knowledge and expertise of local market and HSBC’s different business lines is preferable
5-10 years of professional experience in risk management would be preferable
Experience to be able to identify and implement process improvements
Ability to develop strong networks with key stakeholders at all points in a matrix structure, creating an ability to execute task at hand with minimum conflict
Providing expert advice, robust challenge and managing risk and controls
Strong written and oral communication skills
Attention to detail
Team-oriented mentality combined with ability to complete tasks independently to a high-quality standard

Nice to have:

Experience of local regulators and regulations
Some knowledge and expertise of local market and HSBC’s different business lines

What we offer:

Flexible working
Continuous professional development
Opportunities to grow within an inclusive and diverse environment

Additional Information:

Job Posted:
June 15, 2025

Expiration:
June 28, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Assistant Vice President, Model Risk Governance and Stewardship