Key duties of the role holder will include:
- Serving as the lead, key contact and subject matter expert for Capital Markets Product Pricing models and model risk management in the US region;
- Acting as the business liason between Quant team members and our key US stakeholders;
- Ensuring that all Model Governance and risk management requirements are satisfied for Capital Markets Product Pricing models and model use cases used in the US (i.e. with respect to HSBC's model risk policy and model risk standards including the US Addendum);
- Providing written and verbal responses to inquiries from HSBC's independent model review team, auditors (both internal and external), and regulators as required;
- Play a key role in driving activities required to close outstanding Matters Requiring Attention (MRAs), Model Risk Indicators (MRIs), and audit findings;
- Generating management information (MI), slide decks, and papers on model risk management and the Quant book of work as required.
For this role, HSBC targets a fixed pay range between $175,000 and $200,000.
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
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 wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.