AVP, Senior Analyst

HSBC Service Delivery (Polska) Sp. z o.o.; Kraków; On-site; PLN 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a talented individual to join their dynamic team in Kraków. This role involves utilizing your quantitative expertise to develop innovative modelling solutions for mortgage products, ensuring compliance with both regulatory and business requirements. You'll collaborate with cross-functional teams, enhancing the effectiveness of financial models and contributing to the overall strategy of the organization. If you are passionate about analytics and eager to make a significant impact in the financial services sector, this opportunity is perfect for you.

Benefits

Annual performance-based bonus

Private medical care

Life insurance

Multisport card

Corporate parties & events

Financial support for training

Remote work opportunities

Flexible working time

In-office gym

Employee referral program

Qualifications

• 3+ years in analytics, especially in Risk Modelling or Stress Testing.
• Strong foundation in mathematics, statistics, and machine learning.

Responsibilities

• Develop models for mortgage products to assess risk metrics.
• Coordinate projects for efficiency improvements and automation.

Skills

Python programming

Statistical modelling

Machine learning algorithms

Effective communication

Risk Modelling

Education

Degree in Mathematics

Degree in Data Science

Degree in Econometrics

Tools

Statistical software

Data analysis tools

Job description

Required languages:

Company location

• Use statistical modelling and machine learning techniques to develop prepayment/pipeline models for mortgage products to hedge the risk and assess the IRRBB risk metrics.
• Develop the required behavioural models for different products to assess the IRRBB risk metrics.
• Use the quantitative expertise to design models supporting the Markets Treasury business and other functional Treasury teams where required. Proactively build tools in Python to test the proposed models, to formulate requisite analysis and to measure the impacts of model change.
• Work together with Financial Engineering and IT teams to contribute in the development of the One Treasury Platform. Be involved, whenever required, in the initiatives related to the other Global Finance Analytics pillars: Forecasting, Flow Analytics and Core calculations. Contribute to the improvement of these models through assessment of impact, model validation, and helping document changes for internal and external use.
• Understand both regulatory and business requirements, ensuring that the models are fit-for-purpose.
• Be responsible for Model Life Cycle - starting from defining the objectives to model development / testing, model documentation, on-going model assessment and validation as well as internal & regulatory scrutiny.
• Coordinate projects focusing on ensuring consistency across sites. Identify areas for efficiency improvements, automation and enhanced controls in existing processes. Document proposed changes and agree with the onshore process team prior to implementation. Document all process changes and improvements to reflect the latest process.
• Be able to clearly explain model details to other areas of the bank in non-technical language, and assisting in the on-going usage of these models in a day-to-day setting, e.g. helping to explain significant model value changes.

Our requirements

• Academic background in a quantitative field such as Mathematics, Data Science, Econometrics, Engineering, Physics. Qualification and Expertise in mathematics / statistics / machine learning algorithms.
• Solid background in Python programming, preferably in large scale financial or technical computations.
• 3+ years of relevant experience in analytics preferably in the fields such as Risk Modelling, Stress Testing, Forecasting etc. for a Banking organisation.
• Open personality and effective communication skills, including experience speaking to technical and business audiences and working globally.

Optional

• Good understanding of the Banking Book risks: IRRBB risk components and liquidity risks.
• Familiarity with financial assets and liabilities, with a preference for experience with asset pricing and metrics used to govern financial institutions, e.g. liquidity coverage ratios, balance sheet and capital ratios.
• Experience with financial markets, with a preference for vanilla interest rate derivative pricing, bond products pricing, curve construction, hedging strategies and risk management. Strong understanding of banking products such as Deposits, Savings, Lending, Credit Cards.

What we offer

• Annual performance-based bonus
• Additional bonuses for recognition awards
• Multisport card
• Private medical care
• Life insurance
• One-time reimbursement of home office set-up (up to 800 PLN)
• Corporate parties & events
• CSR initiatives
• Nursery discounts
• Financial support with trainings and education
• Social fund
• Free parking

sharing the costs of sports activities

private medical care

sharing the costs of professional training & courses

life insurance

remote work opportunities

flexible working time

corporate sports team

doctor’s duty hours in the office

coffee / tea

parking space for employees

employee referral program

opportunity to obtain permits and licenses

charity initiatives

family picnics

In-office gym

Recruitment stages

1

Online assessment

2

Phone interview

3

Job interview

4

Welcome to HSBC!

About the role

• Global Finance aspires to be the best finance function in the financial services industry, delivering powerful insights to our customers, within the bank and externally. We work as a seamless team to support HSBC’s businesses to deliver our strategy. This role is focused on building new, future-proof modelling solutions.
• HSBC is one of the world’s largest banking and financial services organisations. Our global businesses serve more than 40 million customers worldwide through a network that covers 63 countries and territories.
• HSBC Service Delivery (Polska) Sp. z o.o. is HSBC's global finance, operations, risk and technology centre. We use our unique expertise and capabilities to provide specialised services – our people range from technologists transforming the banking experience to operations professionals managing 1.7 trillion payments a year.
• Our Purpose – Opening up a world of opportunity – explains why we exist. We are bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

Thank you for interest in HSBC..Before you apply, please note that we will take into the consideration only applications that include the following statement:.“I hereby declare that I have familiarised myself with the Privacy Statement for Applicants published at http://www.about.hsbc.pl/careers and I give my consent to use my personal data included in my application for the purposes of recruitment in HSBC Service Delivery (Polska) Sp. z o. o. according to the rules described in the Privacy Statement for Applicants, as per the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (GDPR).”.Due to the high number of applications, we reserve the right to contact selected candidates only..In case you would like to resign from participation in the recruitment process or withdraw previously sent application, please email us at: [emailprotected] .