VP, Stress Testing, GT

HSBC Holdings plc; Bengaluru; On-site; INR 6,000,000 - 9,000,000; Full time

Job summary

HSBC Holdings plc in Bengaluru invites an experienced professional to lead end-to-end stress testing across Group and regions, managing a multi-disciplinary team to deliver regulatory and climate risk insights.

The role focuses on credit risk models, data quality, and consolidated results with clear summaries for senior leadership. Strong programming, analytics, and stakeholder management are essential to succeed in this leadership position.

Qualifications

• CA or MBA with quantitative undergrad and relevant work experience.
• 10–12+ years in financial services or consulting, with Credit Risk, IFRS9 or Stress Testing experience.
• Experience developing and deploying analytical/ML modelling solutions.

Responsibilities

• Lead end-to-end execution of regulatory, internal & climate stress tests across Group and regions.
• Manage a multi-disciplinary team of finance, data, analytics & technology professionals.
• Oversee data preparation, model execution by products/sectors, and climate risk focus.
• Deliver consolidated stress-testing results (ECL, LICs, RWA, P&L) with clear insights.
• Engage with CFOs/CROs and senior stakeholders to ensure timely delivery.

Skills

Leadership

Stakeholder management

Cross-functional collaboration

Analytical thinking

Communication skills

Education

CA / MBA with quantitative undergrad or related Master’s

Tools

SAS/SQL

R

Python

Qlik Sense

Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of VP, Stress Testing, GT

Purpose of role:

• To manage the end-to-end execution of regulatory, internal & climate stress tests across Group and specified regions. Take accountability and manage specialized functions such as Scenario Expansion, Credit Risk, Climate Risk, Scenario Analysis, Data systems & consolidation, Regulatory & Internal reporting, Management actions, Data Plausibility, Controls & Governance, Delivery & Program management. Manage the program across countries within a geographic region to achieve consistency in execution while catering to the local nuances of portfolio dynamics and regulatory requirements.
• Lead a highly skilled, multi-disciplinary team, consisting of finance, data, analytics and technology professionals to deliver financial analysis or analytical solutions to support regulatory reporting and stress testing focusing on following specialized functional areas
• Lead the end-to-end delivery of the Retail / WS Credit Risk execution processes for various Group and Regional capital & climate stress tests
• Drive the T-zero data preparation in coordination with group and regional teams and ensure the data quality.
• Responsible for executing credit risk models by products, sectors, and specific focus on transition and physical risk for climate-based stress tests
• Lead the production of consolidated stress-testing results (ECL, LICs, RWA, P&L) and associated management information, providing a concise summary on the approach and outcomes of analysis, including key assumptions and limitations.
• Work directly with various stakeholders across multiple geographies, such as CFOs/CROs, Business heads, other senior stakeholders to manage timely delivery of projects, reports and analysis. Should lead the transition from analysis to successful delivery.
• To provide thought leadership and creating opportunities for the team to work smarter, as well as adopt new tools and techniques to meet the ever-changing requirements from CFOs, Business heads, regulators or senior stakeholders across the Group.
• Develop strong teams by on-boarding, training, developing talent and proactively retain high performing team members. Develop specialist analytical skills within the team to enable the delivery of insightful business analysis.
• Ensure risks and issues are identified, managed closely, and remove project blockers from the team. Drive continuous improvement and simplification to improve operational efficiency and focus on data insights.

To be successful you will:

• A degree in CA, MBA with bachelor’s in engineering / Master’s degree in Economics, Mathematics, Statistics or other numerical discipline, equivalent with relevant work experience.
• 10-12+ years of proven experience, preferably in financial services or consulting firm. Relevant experience in fields like Credit Risk & Basel, Loss Forecasting / Reserving, IFRS9, Stress testing, business performance analysis, pricing analytics, product strategy development, Risk and Controls Management
• Hands-on experience of developing and deploying analytical and/or financial/statistical/ML modelling solutions
• Excellent quantitative aptitude and proficiency in tools such as SAS/ SQL, R, Python, Qlik Sense etc.
• Understanding of data architecture, finance and accounting systems – ability to work with large, complex datasets.
• Strong analytical skills with business analysis experience or equivalent. Knowledge and understanding of financial services/ banking-operations preferred.
• Strong organizational, problem-solving and verbal and written communication skills
• Ability to manage multiple projects, stakeholders, identify scope of improvement and provide efficient data driven solution

You’ll achieve more at HSBC

Hsbc.com/careers

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Job title: VP, Stress Testing, GT

To manage the end-to-end execution of regulatory, internal & climate stress tests across Group and specified regions. Take accountability and manage specialized functions such as Scenario Expansion, Credit Risk, Climate Risk, Scenario Analysis, Data systems & consolidation, Regulatory & Internal reporting, Management actions, Data Plausibility, Controls & Governance, Delivery & Program management. Manage the program across countries within a geographic region to achieve consistency in execution while catering to the local nuances of portfolio dynamics and regulatory requirements.

In this role, you will:

Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)

• Lead a highly skilled, multi-disciplinary team, consisting of finance, data, analytics and technology professionals to deliver financial analysis or analytical solutions to support regulatory reporting and stress testing focusing on following specialized functional areas
• Lead the end-to-end delivery of the Retail / WS Credit Risk execution processes for various Group and Regional capital & climate stress tests
• Drive the T-zero data preparation in coordination with group and regional teams and ensure the data quality.
• Responsible for executing credit risk models by products, sectors, and specific focus on transition and physical risk for climate-based stress tests
• Lead the production of consolidated stress-testing results (ECL, LICs, RWA, P&L) and associated management information, providing a concise summary on the approach and outcomes of analysis, including key assumptions and limitations.
• Work directly with various stakeholders across multiple geographies, such as CFOs/CROs, Business heads, other senior stakeholders to manage timely delivery of projects, reports and analysis. Should lead the transition from analysis to successful delivery.
• Ensure adherence with all the applicable compliance policies (Data security policy, AML, operational risk, Functional manual, Group Compliance Manual, Audit recommendations, Internal Control requirements, regulatory guidelines etc.) and business standards of Organization as applicable. Take timely action on Audit comments and drive compliance with Internal controls within the team. Support the development and maintenance of the documentation workstream, embedding HSBC principles to produce high quality basis of preparation, process maps and controls
• To provide thought leadership and creating opportunities for the team to work smarter, as well as adopt new tools and techniques to meet the ever-changing requirements from CFOs, Business heads, regulators or senior stakeholders across the Group.
• Develop strong teams by on-boarding, training, developing talent and proactively retain high performing team members. Develop specialist analytical skills within the team to enable the delivery of insightful business analysis.
• Ensure risks and issues are identified, managed closely, and remove project blockers from the team. Drive continuous improvement and simplification to improve operational efficiency and focus on data insights.
• Make key decisions to ensure the successful implementation of all initiatives, analysis or projects. Identify opportunities and actively drive the development, deployment and execution of strategic projects.

Leadership & Teamwork

• Ensure personal integrity and adherence to established HSBC policy on conduct, compliance and ISR
• Enforce Delivery Management principles in Global / Regional businesses covering Customer analytics/ Product analytics/ Portfolio analytics/ Stress Testing & Planning exercises etc.
• Manage effective and enduring relationships with various stakeholders to understand, recommend and drive delivery against business requirements/agenda.
• Working with and liaising with teams across multiple functions to share knowledge and best practices.
• Manage and work with real time data to generate decisions on prospects, features for ongoing delivery processes.
• The role holder shall also be expected to guide and lead team members from a functional perspective and help them build up a strong culture of delivery and professionalism.
• Understand the training needs for oneself as well as for the team and take initiative to follow through the development plans.

To be successful you will:

Functional Knowledge

• A degree in CA, MBA with bachelor’s in engineering / Master’s degree in Economics, Mathematics, Statistics or other numerical discipline, equivalent with relevant work experience.
• 10-12+ years of proven experience, preferably in financial services or consulting firm. Relevant experience in fields like Credit Risk & Basel, Loss Forecasting / Reserving, IFRS9, Stress testing, business performance analysis, pricing analytics, product strategy development, Risk and Controls Management
• Hands-on experience of developing and deploying analytical and/or financial/statistical/ML modelling solutions
• Excellent quantitative aptitude and proficiency in tools such as SAS/ SQL, R, Python, Qlik Sense etc.
• Understanding of data architecture, finance and accounting systems – ability to work with large, complex datasets.
• Strong analytical skills with business analysis experience or equivalent. Knowledge and understanding of financial services/ banking-operations preferred.
• Strong organizational, problem-solving and verbal and written communication skills
• Ability to manage multiple projects, stakeholders, identify scope of improvement and provide efficient data driven solution
• Ability to work in cross-functional teams. Strong interpersonal skills and drive for success
• Managing relationships with key stakeholders to build confidence in team and enable stakeholders’ investment in development of the team.

Others

• Relevant certifications such as FRM, SCR, PMP etc in the areas of Project management, Treasury, Controls, Risk management, Coding
• Experience in understanding regulatory requirements for Stress Testing and capital management.
• Good technical background working with large-scale data in distributed computing environments, including databases, data cleaning, and feature engineering
• Proven ability to produce clear summaries and reports from complex information, including both written documentation and graphical material

Hsbc.com/careers

You’ll achieve more at HSBC

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.