HSBC - Assistant Vice President - Business Consulting - Strategy

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we're leveraging our digital capabilities to ensure we can continue to recruit top talent at the HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

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 organizations in the world, with operations in 64 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 realize their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President - Business Consulting (Strategy).

Global Career Band: GCB 5

Location (Country/city)- Bangalore/Kolkata/Gurgaon

The Opportunity :

The role involves developing, enhancing and implementing Credit Risk Strategies for Unsecured Products of the Region to meet Regional Growth & de-risking objectives. The role also entails regular monitoring of existing strategies, reviewing portfolio and finding opportunities for further improvement (growth / risk-control). This role will entail oversight, project management & planning, thought leadership & the requirements include (but not limited to):

- Provide strategic and analytical support to the region, and design analytical solutions which are key enablers of growth for a Region while remaining within the Risk-appetite, and ensuring adequate risk controls. This is to be done by understanding the business problem / context, and translating them to analytical solution based framework.

- Development / review / enhancement of Originations & Account Management strategies like Approve / Decline, Affordability, Limit assignment, limit management (CLI/CLD), Pricing, Authorization, policy review, referral optimization etc. to meet the Regional Growth Objectives

- Good understanding of different credit risk scores like Application Score, Bureau Score, Behavior Score etc. and its relevance in various credit risk strategies

- Knowledge of Acquisition and Portfolio Management front-end and back-end system knowledge where the strategies are deployed is good to have

- Understanding of all different risk functions and its relevance in strategy development

- Fundamentals of different unsecured lending products

- Monitor and evaluate effectiveness of risk strategies, and continuously assess opportunities of improvement through hypothesis / champion-challenger framework

- Develop hypotheses and profitable growth scenarios and apply the right mix of qualitative and quantitative research techniques to identify causes and devise solutions best suited to meet the Regional Risk Priorities

- Conduct portfolio reviews/ analysis and provide insights/ share best practices across regions that could strengthen credit control and enhance portfolio risk monitoring. Identify early warning signals and risks/opportunities in the portfolio, and come up with a solution design to address the same

- Ability to translate any new business problem to analytical solutions

- Provide support through active role in cross-functional coordination to ensure smooth and timely deployment of risk strategies

- Negotiation with / expectation management of stakeholders on complex open-ended business problems

- Additionally, the jobholder will coordinate with the Unsecured Risk area on any analytical requirements to project manage day to day activities, and ensure adherence to regulatory and governance standards.

- Keep self-updated of changes in the business / regulatory environment on an ongoing basis, so as to be able to anticipate customer needs, and support non-BAU projects / ad-hoc analysis as relevant, ensuring key takeaways are clearly articulated.

- Develop presentations that are "Business Ready", to appropriately showcase the work done by the team, with appropriate story-telling and insightful interpretation of trends

- Critically evaluate process requirement, and streamline / automate / standardize accordingly, to bring in effectiveness and gain efficiency. Ensure release of target bandwidth.

- 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.

- Functional guidance, project management and coaching, as well as line Management of existing team

Qualifications:

What you will need to succeed in the role:

- Bachelor's degree in mathematics/ statistics/ economics or equivalent; Master's degree is preferred

- Good understanding of different credit risk scores like Application Score, Bureau Score, Behavior Score etc. and its relevance in various credit risk strategies

- At least 7 years of relevant experience in analytics preferably in the fields like Strategy Development, Loss Forecasting/Reserving, Modeling, Risk Strategy, Marketing etc.

- Excellent communication skills with technical (the team) and non-technical (senior entity management in region) counterparts; being able to "translate" between the two worlds is the major thing in the day to day work.

- Strong analytical skills with an ability to grasp new concepts quickly.

- Good organizational, analytical, problem-solving and verbal and written communication skills.

- Prior experience in managing risk activities in retail lending is essential.

- Prior experience in managing people will be preferred

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.

Issued By HSBC Electronic Data Processing (India) Private LTD