HSBC

Operational and Resilience Risk (ORR) oversees the Non-Financial Risk Framework (NFR) and provides independent second line review and challenge over Resilience Risks.. Withing ORR, the Operational Risk Capital, Stress Testing, and Scenario Analysis team is responsible for the Operational Risk component of the CCAR stress test, regional contributions to group-wide stress tests and Economic Capital calculations, and scenario analysis.. Develop and document the methodology and approach for performing CCAR stress test. Coordinate with Risk Strategy, Finance, and central Stress Testing teams to effectively execute CCAR stress tests on time; identify and implement changes to improve efficiency and quality. Liaise with Global Operational Risk teams to execute PRA and EBA stress tests and review Economic Capital results

vice president

Job Description Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share. Operational and Resilience Risk (ORR) oversees the Non-Financial Risk Framework (NFR) and provides independent second line review and challenge over Resilience Risks. Withing ORR, the Operational Risk Capital, Stress Testing, and Scenario Analysis team is responsible for the Operational Risk component of the CCAR stress test, regional contributions to group-wide stress tests and Economic Capital calculations, and scenario analysis. The Vice President Operational and Resilience Risk Capital Stress Testing will be a leader within the team and will contribute to all aspects of the capital, stress testing, and scenario analysis programs. As our Vice President Operational and Resilience Risk Capital Stress Testing you will: <ul><li>Develop and document the methodology and approach for performing CCAR stress test</li><li>Manage the scenario analysis program, including scoping, execution, governance, and approval</li><li>Document stress testing results, prepare internal and regulatory submissions, and present results to senior management and various governance forums</li><li>Analyze operational risk data (e.g. Risk and Control Assessment results, internal and external loss data, etc.) and Risk ID results to ensure stress testing and scenario analysis are focused on the highest risk areas</li><li>Maintain Operational Risk Stress Testing model documentation and perform periodic model monitoring</li><li>Manage relationships with stakeholders across all lines of business, operations, and functions (Compliance, Finance, Legal, etc.) to deliver results on time and with high quality</li><li>Coordinate with Risk Strategy, Finance, and central Stress Testing teams to effectively execute CCAR stress tests on time; identify and implement changes to improve efficiency and quality</li><li>Engage with Independent Model Review teams, Internal Audit, and Regulators during reviews and exams</li><li>Liaise with Global Operational Risk teams to execute PRA and EBA stress tests and review Economic Capital results</li><li>Assist with reporting and analysis of Operational Risk internal loss data, loss forecasting, and risk appetite for operational losses </li></ul>For this role, HSBC targets a pay range between $128,100.00 and $192,200.00. 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. Requirements You´ll likely have the following qualifications to succeed in this role: <ul><li>Minimum of 8 years of experience in Financial Services in a Risk, Finance, or related role</li><li>Strong knowledge of Operational Risk, Stress Testing, and/or Scenario Analysis. Direct experience with CCAR preferred</li><li>Excellent written and verbal communication skills, with an ability to present across different levels of the organization and through different formats</li><li>Demonstrated ability to manage relationships and influence stakeholders</li><li>Analytically capable with an ability to review, interpret, and summarize broad and complex information</li><li>Strong teamwork, organization, time management, and complex problem solving skills</li><li>Sound judgment, keen sense of urgency, and high level of professional and personal integrity</li><li>Bachelor’s Degree required. MBA or graduate degree preferred. </li></ul>In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position. As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. 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! All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.

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