Head of Surveillance Tuning and Calibration

HSBC; Greater London; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A global banking institution in London is seeking a Head of Surveillance Tuning and Calibration to lead the tuning and calibration function of surveillance models. The ideal candidate will have significant experience in Surveillance and Analytics, as well as expertise in machine learning. This role offers a competitive pay and benefits package, including private healthcare and a contributory pension scheme. The position is hybrid, blending in-office and remote work.

Benefits

Private healthcare

Enhanced maternity and adoption pay

Contributory pension scheme

Qualifications

• Prior experience in Surveillance and Analytics.
• Understanding of regulatory requirements for model tuning.
• Experience in leading technical teams for strategic change.

Responsibilities

• Lead the global tuning and calibration function for surveillance.
• Develop and maintain a structured methodology for surveillance models.
• Conduct regular reviews of surveillance models for effectiveness.

Skills

Surveillance and Analytics

Machine Learning

Advanced Analytics

Liaising with Senior Stakeholders

Job description

Some careers open more doors than others.

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.

The Head of Surveillance Tuning and Calibration is aa senior leadership role within the Change & Digital Enablement Team, reporting to the Global Head of Analytics, working in partnership with the Global Surveillance Team. The successful candidate will be responsible for ensuring that surveillance scenarios, detection models and alerting thresholds are actively calibrated to maximise risk detection in an evolving risk landscape, minimizing false positives while ensuring the detection of genuine market abuse and conduct risks.

This role will focus on building and maintaining a robust tuning methodology, leveraging both data science and subject matter expertise (SME), ensuring alignment with regulatory expectations and industry best practice. The successful candidate will work collaboratively across various teams and roles including Surveillance Product and Model Owners, Technology and Operational teams to continuously enhance and refine the bank’s surveillance capabilities.

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.

In this role you will:

• Lead the global tuning and calibration function for surveillance, ensuring models are optimized for effectiveness and efficiency.
• Develop and maintain a structured methodology for tuning and calibrating surveillance models, ensuring transparency and ability to stand up to scrutiny from internal and external inspection.
• Leverage data science, machine learning, analytics in conjunction with Surveillance SME to define methods for improved ongoing calibration and will explain findings to non-technical teams in a clear and concise manner.
• Conduct regular testing, validation and effectiveness reviews of surveillance models to ensure they remain fit for purpose and in line with regulatory requirements.
• Work in partnership with Product Owners, Analytics experts and the Data Management team to ensure that both the Programmatic and Agile program is delivered to the requisite standards.

To be successful in this role, you should meet the following requirements:

• Prior experience in Surveillance and Analytics.
• Thorough understanding of regulatory expectations for surveillance model tuning and calibration.
• Experience in leveraging machine learning and advanced analytics for surveillance model enhancements.
• Prior experience leading a technical team to deliver strategic change.
• Understanding of conduct risk, market abuse risk, and non-financial risk frameworks.
• Proven capability to liaise with senior stakeholders on surveillance and analytics related matters.

This role is based in London on a hybrid working basis.

You’ll achieve more when you join HSBC.

Opening up a world of opportunity

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. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

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