Data and Model Governance Senior Manager - Global Insurance Finance

Job description

Some careers open more doors than others.

If you're looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

Global Finance is integral to HSBC's purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions.

We are currently seeking a high calibre professional to join our team as a Data and Model Governance Senior Manager.

Principal Responsibilities

The role holder would focus on driving Data and Model Governance initiatives, including:

• Designing, implementing, and continuously enhancing technical frameworks that oversee and govern Global Insurance Finance data and models. This includes:
• An SS1/23 MRM framework, guiding how we record, validate, monitor, and calibrate our models, including relevant policies and standards
• A model implementation framework, guiding how we implement and execute models, including coding standards
• A data and systems framework, guiding how we store, manipulate, manage, and use Global Insurance Finance data across core processes, including how we adhere to relevant data quality standards and requirements
• Providing oversight over the delivery of MRM enhancements to become compliance with SS1/23 requirements
• Providing oversight over the delivery of data and model implementation enhancements, ensuring requirements / standards are adhered to, optimal / automated solutions are implemented, and appropriate testing is conducted
• Engaging key stakeholders across all lines of defence to ensure frameworks consider and reflect the requirements and expectations of relevant processes and regulations
• Engaging core process owners to support them with implementing and embedding frameworks within BAU practice
• Acting as a 1LoD review and challenge of framework implementation and relevant output to ensure consistency and quality across the function
• Monitoring and, where required, updating technical data and model frameworks on an ongoing basis for the latest developments

The role holder would also be required to collaborate with the wider team and contribute to its overall objectives:

• Providing thorough technical 1LoD R&C across GI Finance outputs and materials (e.g. forecasts, actuals, scenario analysis)
• Producing Global-level Insurance Governance materials (e.g., GAC, GRC)
• Conducting ad-hoc, independent investigations into emerging / hot topics
• Engaging in frequent interaction with wider teams across Insurance (Business, Risk, Strategy, Capital, etc.) and the Bank
• Providing regular feedback, coaching and guidance and to act as the point of escalation to manage risks and issues
• Nurturing strong internal and external networks to stay abreast of sector developments, trends and leading practices to continuously enhance GI Finance Governance and frameworks, and operations of the team

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Computer Science / Engineering, or a related field
• 10+ years of experience in finance, with a strong background in data, model development, and model risk management, preferably in the life insurance and banking industries
• Proven track record of delivering high-quality output with buy-in from key stakeholders
• Experience working with globally dispersed teams and stakeholders.
• Understanding of Insurance, products, IFRS17, and key frameworks (e.g., Risk-Based Capital) is highly valued
• Knowledge and experience with HSBC data and systems would be an advantage

You'll achieve more when you join HSBC.
http://www.hsbc.com/careers

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Issued by The Hongkong and Shanghai Banking Corporation Limited.