Credit Risk Analyst

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential - whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC is one of the largest banking and financial services organisations 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 realise their ambitions.

Our Global Risk Analytics team (GRA) is seeking a Credit Risk Analyst to support the development and maintenance of wholesale credit risk models which may include; regulatory models (Probability of Default(PD), Loss Given Default (LGD) and Exposure at Default(EAD)), IFRS9 models which are used to calculate Expected Credit Loss and credit decisioning models (such as application and behaviour scorecards).

In this role you will work on Models that matter, delivering analytically sound, regulatory ready credit risk models that stand up to scrutiny and support responsible, susatainable growth.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you will:

• Support the development and maintenance of wholesale credit risk models with an initial focus on credit decisioning models for SME customers in the UK
• Explore new data sources, apply innovative thinking and analytical techniques to improve model performance and development processes
• Identify areas which require data remediation and proactively engage with internal stakeholders to address them
• Deploy credit risk models and strategies on new and existing risk systems and support independent model review work with Model Risk Management, and if required, external review processes
• Work collaboratively with colleagues across Global Risk Analytics, Wholesale Credit Risk, Model Risk Management, IT and UK Business Banking Product teams amongst others.

To be successful in this role you should meet the following requirements:

• A background in a quantitative or technical field is essential e.g. mathematics, statistics, econometrics etc. Knowledge and understanding of retail and/or wholesale credit processes and products would also be advantageous.
• Programming skills in Python is essential with SAS knowledge being advantageous.
• Having an attention to detail, ability to creatively solve problems and prepare clear and effective presentations, documentation and analysis articulating complex information in simple terms to non-technical stakeholders.

• Ability to progress multiple tasks at the same time and deliver within agreed timescales

This role is based in London and is Hybrid working.

Opening up a world of opportunity.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:

Email: [email protected]

Telephone: +44 207 832 8500