Senior Business Analyst

HSBC Holdings plc; Jersey City (NJ); Hybrid; USD 193,000 - 203,000; Full time

Benefits offered by this job

Wellness Hub

Volunteer program

Matching gift program

Sustainability initiatives

Job summary

HSBC Technology & Services (USA) Inc. in Jersey City, NJ is seeking a Senior Business Analyst to maintain and support US Risk Reporting applications such as Credit Data Warehouse, US Wholesale Credit Risk, Credit Approval Tracker, and DFA Risk Reporting Engine, and to drive change through new risk projects.

You will document functional designs, support SIT/UAT, coordinate with stakeholders, manage budgets, and ensure compliance with US regulations including Dodd-Frank, Basel III, CCAR, and

Qualifications

• Bachelor’s degree in Computer Science, Information Management Systems, or a related field is required.
• 8+ years of progressive work experience in business systems analysis or IT development.
• Experience in US regulatory reporting including OCC, Basel, and Dodd-Frank.

Responsibilities

• Maintain and support US Risk Reporting applications (Credit Data Warehouse, US Wholesale Credit Risk, Credit Approval Tracker, DFA Risk Reporting Engine).
• Model and document functional designs from business requirements and support SIT/UAT.
• Collaborate with stakeholders to drive change and deliver risk projects.
• Support production systems, data quality controls, and regulatory reporting adherence.

Skills

Regulatory reporting knowledge

US regulatory experience

Project management

Agile & Waterfall methodologies

SIT/UAT coordination

Stakeholder management

Data analysis

Education

Bachelor’s degree in Computer Science, Information Management Systems, or a related field

Tools

SQL

Enterprise Architect

Visio

Rational Rose

CloverETL

Cicero

Job description

Senior Business Analyst, HSBC Technology & Services (USA) Inc., Jersey City, NJ:

Maintain and support existing US Risk Reporting applications (Credit Data Warehouse, US Wholesale Credit Risk, Credit Approval Tracker, and DFA Risk Reporting Engine), and drive change by building out new applications as the business funds additional risk projects. The Dodd Frant Act (DFA) Risk Reporting Engine is a regulatory application primarily responsible for exposure reporting satisfying the DFA 610 and 165 regulatory requirements. Responsible for building and maintaining additional applications within the US Risk Reporting space. Supports tasks for the analysis, development, testing and end-to-end project delivery. Utilize knowledge of financial instruments, risk measurement methodologies, regulatory reporting requirements, data control frameworks, and program management practices. Work as a business systems analyst supporting the project team in the implementation, and production support of business systems of medium to high risk. Document functional design specifications based on business requirements. Interpret business requirements from a technical perspective, draft system specifications, and support solution design and implementation. Support System Integration Testing (SIT) and User Acceptance Testing (UAT), including drafting, executing of test cases and end-to-end coordination with stakeholders. Support production systems by analyzing data, related issues, identifying root causes and solutions. Support data design, flows, controls and oversee implementation. Creation of technical documentation, such as release plans and user manuals. Responsible for adhering to US Regulations relating to Dodd Frank, Basel 3, CCAR, RWA, and Regulation W. Steer the overall project approach by building and maintaining stakeholder buyin for the project plan, delivery commitments, and change initiatives related to Credit Risk data management. Report on project progress, issues, dependencies, and risks to project and program leadership, and provide recommendations to support informed decision making, ensure continued delivery, and enable benefits realization. Manage financial budgets across multiple projects, including tracking and reporting actuals, preparing forecasts, and analyzing budget variances.

Telecommuting permitted up to 3 days per week.

#LI-DNI

Full time employment, Monday - Friday, 40 hours per week. Pay Range: $193,461.00 to $203,461.00 per year.

MINIMUM REQUIREMENTS:

Must have a Bachelor’s degree in Computer Science, Information Management Systems, or a related field and 8 years of progressive, post-baccalaureate work experience.

Must have 2 years of experience in US Regulations including OCC, Basel, and Dodd Frank.

Must have 8 years of experience in:

• Working as a business systems analyst on IT development.
• US Regulatory Reporting domain or Wholesale Credit Risk including financial trading, wholesale credit, and risk reporting.
• Software development utilizing methodologies (Agile and Waterfall) with adherence to DevOps structure.
• Application production support and ITSM processes.
• Supporting change, including risk assessment and risk controls, and supporting audit reviews of the change process.
• Documentation of workflow and dataflows using tools such as Enterprise Architect, Visio and Rational Rose.
• ETL and workflow management automation tools (CloverETL and Cicero).
• Data Analysis skills using SQL databases (Oracle, Sybase, Sybase IQ or Postgres environment).
• Support SIT / UAT, including drafting and executing of test cases.
• Project management lifecycle, including development of project roadmaps, plans, schedules, and work breakdown structures.
• Working across UNIX and Windows platforms.
• Implementing data quality control frameworks within risk management platforms for risk calculation and regulatory reporting.

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a "bonus"). Additionally, HSBC offers a competitive benefits package including a robust Wellness Hub, in a welcoming, diverse, and inclusive work environment. You will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!