Senior Manager, Data Validator

TN United Kingdom; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Manager, Data Validator to join their Model Risk Management team in London. This role offers a hybrid working arrangement and involves conducting independent validation of Wholesale IRB models, focusing on data preparation and enhancing data flows across systems. The ideal candidate will possess extensive experience in model validation, strong knowledge of complex data structuring, and proficiency in statistical software. Join a company that values diversity and innovation, and contribute to a team dedicated to maintaining high standards in data quality and compliance.

Benefits

Private Healthcare

Enhanced Maternity and Adoption Pay

Contributory Pension Scheme

Professional Development Opportunities

Qualifications

• Extensive experience in developing or reviewing Wholesale IRB models.
• Strong understanding of structuring complex data within the credit process.

Responsibilities

• Conduct independent validation of Wholesale IRB models focusing on data preparation.
• Develop and review metrics to assess data quality for Wholesale IRB Models.

Skills

Data Preparation

Model Validation

Statistical Software (SAS, Python, R, Matlab, C++, VBA)

Communication Skills

Innovative Mindset

Tools

SAS

Python

R

Matlab

C++

VBA

Job description

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As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

Model Risk Management (MRM) at HSBC is structured as a global function, headed by the Chief Model Risk Officer (CMRO). The MRM function reports directly to the Group Chief Risk and Compliance Officer (GCRCO), ensuring its independence from the model developing and owning areas of the firm.

MRM serves as the second line of defence (2LoD) for Model Risk. The CMRO is the global Model Risk Steward and is responsible for the global operation of the MRM function. MRM teams are based in each region to ensure local expertise and to guide, review, and challenge. MRM activities are managed globally, considering models used across multiple locations, enabling consistent and efficient operations while complying with local regulatory requirements.

We are currently seeking an experienced individual to join this team in the role of Senior Manager, Data Validator. The base location for this role is London with hybrid working arrangements.

In this role, you will:

• Conduct independent validation of Wholesale IRB models (PD/LGD/EAD/Slotting), focusing on data preparation.
• Develop and review metrics to assess data quality for Wholesale IRB Models.
• Support enhancements to data flows and processes across systems to improve efficiency in the model lifecycle.
• Collaborate with data leads and model developers to ensure Reference Datasets meet high standards and comply with internal and external requirements.
• Validate remediation activities by the 1LOD to ensure issues are appropriately resolved.

To be successful, you should meet the following requirements:

• Extensive experience in developing or reviewing Wholesale IRB models, especially in data preparation and Reference Dataset creation.
• Strong understanding of structuring complex data within the credit process.
• Proficiency with statistical software or programming languages such as SAS, Python, R, Matlab, C++, or VBA.
• Ability to communicate complex statistical concepts effectively to non-technical audiences.
• An innovative mindset with adaptability to new ways of working.

We value diversity and inclusion at HSBC. We are committed to creating an accessible workplace and welcome candidates from all backgrounds, including those with disabilities, long-term conditions, or neurodivergence. We are a Disability Confident Leader and will offer interviews to candidates who meet the minimum criteria and require accommodations during the recruitment process.

If you need accommodations or adjustments during the recruitment process, please contact our Recruitment Helpdesk.