Global Head of Traded Risk: Independent Model Review and Governance

2 months ago


London, Greater London, United Kingdom HSBC Full time
Job Description

Role Summary: We are seeking an experienced professional to lead our Traded Risk and Treasury Model Risk Management team as the Global Head of Traded Risk: Independent Model Review and Governance.

About the Role:

  • Lead the development and implementation of model risk management policies and procedures for Traded Risk and Treasury models.
  • Provide strategic guidance on model risk management to senior management and stakeholders.
  • Collaborate with cross-functional teams to ensure effective model risk management practices.
  • Develop and maintain relationships with regulators and external stakeholders.
  • Manage and prioritize model validations and staffing.

Key Responsibilities:

  • Develop and maintain a deep understanding of the bank's Traded Risk and Treasury business and its commercial context.
  • Stay up-to-date with regulatory requirements and changes impacting model risk management.
  • Lead the development of model risk management policies and procedures.
  • Provide guidance on model risk management to senior management and stakeholders.
  • Collaborate with cross-functional teams to ensure effective model risk management practices.
  • Develop and maintain relationships with regulators and external stakeholders.
  • Manage and prioritize model validations and staffing.

Requirements:

  • Experience in model risk management at a globally significant financial institution.
  • Strong knowledge of the model risk regulatory landscape and ability to assess the impact of proposed changes in regulatory rules.
  • Strong knowledge of a financial institution's business model, products, and key risk drivers.
  • Ability to effectively balance risk management, regulatory expectations, and commercial pragmatism.
  • Significant experience of establishing and maintaining external relationships with regulators.

What We Offer:

  • A challenging and rewarding role in a leading financial institution.
  • Opportunities for professional growth and development.
  • A collaborative and dynamic work environment.


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