Senior Manager, Data Validator

HSBC; London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

HSBC is seeking a Senior Manager, Data Validator in London. This hybrid role involves conducting independent validation of Wholesale IRB models, developing metrics for data quality, and collaborating with data leads to ensure compliance. The ideal candidate will have extensive experience in data preparation and strong communication skills.

Benefits

Private healthcare

Enhanced maternity and adoption pay

Contributory pension scheme

Qualifications

• Extensive experience in developing or reviewing Wholesale IRB models.
• Strong understanding of structuring complex data within the credit process.
• Ability to communicate complex statistical concepts effectively.

Responsibilities

• Conduct independent validation of Wholesale IRB models.
• Develop and review metrics to assess data quality.
• Collaborate with data leads to ensure compliance with standards.

Skills

Data preparation

Statistical software

Communication

Innovative mindset

Tools

SAS

Python

R

Matlab

C++

VBA

Job description

Area of Interest: Investment Banking, Markets, and Research

Location:

London, GB, E14 5HQ

Work style: Hybrid Worker

Date: 8 May 2025

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 model development and ownership areas of the firm.

MRM acts as the second line of defence (2LoD) for Model Risk. The CMRO is the global Model Risk Steward for the group and is accountable 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 as Senior Manager, Data Validator. The role is based in London with a hybrid working arrangement.

In this role, you will:

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

To succeed in this role, 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 stakeholders.
• An innovative mindset with a flexible approach to applying new ways of working.

At HSBC, we value diversity and inclusion. We are committed to creating an accessible workplace for everyone, regardless of gender, ethnicity, disability, religion, sexual orientation, or age. We are proud to be a Disability Confident Leader and will offer interviews to candidates with disabilities, long-term conditions, or neurodivergence who meet the role’s minimum criteria.

If you require accommodations during the recruitment process, please contact our Recruitment Helpdesk.