VP, TnO Traded, GRA - Model Governance (fixed term - 12 months) in Kraków

Some careers shine brighter than others. 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. Your career opportunity

Global Risk Analytics (GRA) is a global team responsible for model design and management of broad classes of financial and operational risk at HSBC. We are tasked with setting standards and providing mission-critical, cutting-edge tools to help identify, measure and manage risk, as well as enhance an enterprise-wide compliance across HSBC. Risk Analytics & Modelling roles are responsible for modelling and analytic controls covering design, development, implementation, optimisation and validation. Role holders provide provision of analytics to identify risks, new risk trends, management information, forecasts, and recommend model or control amendments to address these specifically for non-Regulatory Risk purposes. Activities may support regulatory and non-regulatory purposes and the development of policy. The GRA Traded and Operational (TnO) Risk Analytics team develops risk models for trading book, treasury and liquidity, and operational risk. The team focuses on models across Credit, Interest Rates, Equity and FX asset classes, including market risk, counterparty credit risk and stress testing. Based primarily in London and Kraków, the team is responsible for both model development and First Line of Defence validation, supporting risk reporting across the HSBC Group and partnering with regional GRA teams on local reporting requirements. This senior role leads the GRA TnO Model Governance, Operations and Control team based in Kraków. What you’ll do

As a team lead within the Model Governance, Operations and Control team the role holder will be responsible for Ensuring the TnO GRA Operating Instructions are up to date and reflective of the latest Model Risk Governance Policy and Standards Documenting tailored TnO policy and standards guidance for model developers to ensure the core concepts of MRG policy and standards is adopted consistently across all TnO areas Ensure Model Life Cycle templates are up to date and reflective of the latest MRG policy and standards Liaising with the model developers to ensure their requirements around tooling for governance process and controls is correctly documented Managing tooling deliverables end to end Ensuring Control Framework is in line with the TnO Operating Instructions What you need to have to succeed in this role

Several years of experience in the financial industry Experience in managing a large team of quantitative analysts. Experience in writing and reviewing methodology documents Ability to present analytical results with high level of clarity. Exceptional Product knowledge of Derivatives and Trading Operations Leadership characteristics in managing deadlines, or in response to market-driven events. Knowledge of key regulatory requirements and bodies Industry experience in programming is required, knowledge of Python is required Background in the quantitative field such as Financial Engineering/Mathematics/Physics/Engineering is a plus Understanding of financial mathematics, mathematical analysis, statistics and linear algebra is a plus Understanding of risk measures and how derivatives are priced is a plus What we offer

The pay range for this role is 21 258 PLN – 31 883 PLN (monthly, gross). Additional car allowance in the amount of 4,786 PLN (monthly, gross). Variable pay is discretionary, but influenced by Group performance, business/function performance and individual performance. We offer a comprehensive and competitive package of benefits covering healthcare, family friendly leaves, pension and life assurance, as well as many other benefits to support your wellbeing. Additional bonuses for recognition awards Multisport card Private medical care Life insurance One-time reimbursement of home office set-up (up to 800 PLN). Cafeteria platform Employee assistance program Additional contributions to PPK scheme Corporate parties & events CSR initiatives Nursery discounts Financial support with trainings and education Social fund Flexible working hours Free parking Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. If you have a need that requires accommodations or changes during the recruitment process, please let us know.