Senior Credit Risk Analyst (m/f/d) Wholesale Model Development

Senior Credit Risk Analyst (m/f/d) Wholesale Model Development

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HSBC Germany is a part of the HSBC Group, one of the world's leading commercial banks.

At HSBC, our purpose is opening up a world of opportunity. When you join our team, you can be part of something bigger. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible. We connect you with colleagues from around the world and enable you to play an active role in shaping the future.

We are looking for employees with personality! Characters who stand up for our common goals and support one another, while at the same time finding convincing solutions for our customers. If you want to combine seemingly incompatible things at your next employer, we warmly welcome you to HSBC.

Being part of HSBC in Düsseldorf, you can help evolve and grow our business as a Senior Credit Risk Analyst (m/f/d).

Will you be able to use your programming skills to optimize our wholesale risk models in Europe? Do you know the regulatory requirements in the finance sector? Do you enjoy working in an international team across Europe? If you answered yes to all of these questions, we want to hear from you!

Your responsibilities

• Further development of credit risk models, particularly regulatory (IRB) and economic models (IFRS9) for calculating risk indicators (PD / EAD / LGD / ECL)
• Development of processes related to credit risk models and their implementation
• Monitoring and backtesting of credit risk models
• Coordination with the global modeling team of HSBC regarding model updates and regulatory issues
• Serving as contact person for users, supervisors, and auditors regarding the models

Your profile

• Successfully completed quantitative university degree or doctorate in mathematics, economics, computer science, physics, or a comparable quantitative field
• Solid knowledge of econometrics or statistics
• Several years of professional experience in developing credit risk models
• Programming skills in Python, SQL, SAS, with motivation to further develop these skills
• Excellent analytical skills and quick grasp of complex issues
• Independent, structured, and results-oriented working style
• Very good knowledge of English

Even if you do not meet 100% of our qualifications, we encourage you to apply if you believe this role is right for you.

What you’ll get in return

• Work-life balance with flexible models such as flextime, home office, and part-time options
• Family friendliness, including childcare options in our company nursery
• Continuous development opportunities via HSBC My Career and HSBC University
• Perks such as company ticket, bike, subsidized canteen, IT leasing, discounts, pension, insurance, 30 days of vacation, and additional holidays
• Health services including medical check-ups, sabbaticals, sports groups, and mindfulness sessions
• International opportunities to work across HSBC offices worldwide
• Engagement with Employee Resource Groups for networking and inclusion

HSBC has been certified as a “Top Employer 2024” in Europe. We value diversity and are committed to creating an inclusive workplace for all.

If you require accommodations during the recruitment process, please let us know. Personal data will be processed according to our Privacy Statement available on our website.

For more information about building your career at HSBC, please visit: www.hsbc.com/careers.

Additional Details

• Seniority level: Associate
• Employment type: Full-time
• Job function: Analyst, Other, and Finance
• Industries: Banking