Vice President, Model Validation, Governance And Risk Stewardship

2 tygodni temu


Kraków, Lesser Poland HSBC Service Delivery Pełny etat

Technologies-expected : Python about-project : Selected candidate will lead validations of the Credit Risk Models used for Regulatory Reporting Purposes (i.e., quantitative analysis and qualitative research with focus on model data, design, performance, and implementation) to formulate opinions about models' conceptual soundness and adequacy for intended usage.


The jobholder will play a key role in independent validation of Wholesale Credit Risk (WCR) Pillar 1 models used in HSBC Continental Europe ensuring that ECB findings have been remediated and that compliance with regulatory expectations is met.


The jobholder will also perform ad-hoc review of analysis of any evidence to be submitted to the ECB for closing regulatory findings.

Finally, the successful candidate will track and report the remediation of any ECB findings related to model risk.


This includes findings on WCR models, but also any other models for which the ECB raised findings for HSBC Continental Europe (e.g., Traded Risk, ICAAP).


The position is within Model Risk Management (MRM) department of HSBC, which is part of Second Line of Defense and is headed up by the Chief Model Risk Officer (CMRO).


responsibilities :
Lead validations of the Credit Risk Models used for Regulatory Reporting Purposes.

Performing ad-hoc review of analysis of any evidence to be submitted to the ECB for closing regulatory findings.


Provide oversight and engaging with senior stakeholders for model related risk stewardship within their area of responsibility, ensuring that strong risk management is embedded across the 1 LOD, enabling safe growth.

Participate in Governance Forums/Committees as required.


Support and manage activity for the Regional Head of Model Risk Management & Risk Steward to represent Model Risk Stewardship to Country/Regional-level Executive Management and Board members.

Liaise with 1 LOD and other model stakeholders as appropriate to ensure issues have been adequately resolved.


Communicate across technical quantitative, business and strategic levels to ensure that stakeholders understand the implications of model risks and limitations.


Provide effective oversight and challenge to first-line risk and control owners across the end-to-end product set for model risk, whilst delivering second-line opinion and formal input and challenge across regions and countries.

requirements-expected : 10+ years of experience in Development/Validation of Wholesale Credit Risk Models (PD/LGD/EAD/Slotting models used for Regulatory Capital).

Excellent knowledge of Regulatory Requirements related to IRB models (in particular, EBA Guidelines).

Very good knowledge of statistical models and scorecard development techniques.

Proficiency in Python.

Very good understanding of SAS desirable.

Master's or Ph D degree in a quantitative discipline like Financial Mathematics, Statistics, Econometrics, Quantitative Finance, Economics or Engineering.

Self-starter demonstrating high energy levels, flexibility, enthusiasm and willingness to learn.

offered :
Competitive salary Annual performance-based bonus Additional bonuses for recognition awards Multisport card Private medical care Life insurance One-time reimbursement of home office set-up (up to 800 PLN)

Corporate parties & events CSR initiatives Nursery discounts Financial support with trainings and education Social fund Flexible working hours Free parking benefits :
sharing the costs of sports activities private medical care sharing the costs of professional training & courses life insurance flexible working time integration events corporate sports team doctor's duty hours in the office retirement pension plan corporate library no dress code video games at work coffee / tea parking space for employees leisure zone extra social benefits employee referral program opportunity to obtain permits and licenses charity initiatives family picnics extra leave

  • Kraków, Lesser Poland Belvedere Recruitment Pełny etat

    International Banking, Risk | Finance | Regulatory | Change Project | Transformation Recruitment #hiring, #recruiting, #bankingjobs, and #recruitmentVice President, Model Risk Management for Global Financial InstitutionLocation: Krakow, PolandContract Type: Permanent• High-level leadership role in Risk Management.• Operate within a globally influential...


  • Kraków, Lesser Poland Jobs via eFinancialCareers Pełny etat

    Vice President, Model Risk Management for Global Financial Institution Vice President, Model Risk Management for Global Financial Institution Belvedere Recruitment Kraków, Poland Posted 3 days ago Hybrid Job Permanent Competitive Only apply if you have a work permit or a right to work in Poland. High-level leadership role in Risk Management.Operate within...


  • Kraków, Lesser Poland dotCommunity Sp z o. o. Pełny etat

    Company:Joinone of the world's largest banking and financial services organisations Our Client's global businesses serve more than 40 million customers worldwide through a network that covers 64 countries and territories.About the project:Model Risk Management (MRM) at our Client is structured as a global function, headed up by the Chief Model Risk Officer...

  • Vice President

    2 tygodni temu


    Kraków, Lesser Poland Jobs via eFinancialCareers Pełny etat

    Vice President - Financial Engineering: Transforming Finance with Innovation Vice President - Financial Engineering: Transforming Finance with Innovation Belvedere Recruitment Kraków, Poland Posted 8 days ago Hybrid Job Permanent Competitive Only apply if you have a work permit or a right to work in Poland. Vice President - Financial Engineering:...

  • Vice President

    2 tygodni temu


    Kraków, Lesser Poland Jobs via eFinancialCareers Pełny etat

    Vice President - ESG Reporting Belvedere Recruitment Kraków, Poland Posted 3 days ago Hybrid Job Permanent Competitive Only apply if you have a work permit or a right to work in Poland. Vice President - ESG Reporting: A Pioneering Role in Sustainable FinanceJoin a leading financial institution committed to excellence and innovation. As Vice President of...

  • Vice President

    2 tygodni temu


    Kraków, Lesser Poland Jobs via eFinancialCareers Pełny etat

    Vice President - Portfolio Support Management Belvedere Recruitment Kraków, Poland Posted 3 days ago Hybrid Job Permanent Competitive Only apply if you have a work permit or a right to work in Poland. Shaping the Future of Finance: Are you ready to stand out? If you're looking to propel your career to the next level or steer it in a new and exciting...


  • Kraków, Lesser Poland Belvedere Recruitment Pełny etat

    International Banking, Risk | Finance | Regulatory | Change Project | Transformation Recruitment #hiring, #recruiting, #bankingjobs, and #recruitmentLocation: Krakow, PolandContract Type: PermanentJoin a leading international finance hub in Krakow, fostering career growth and skill developmentTackle regulatory reporting and contribute to influential stress...


  • Kraków, Lesser Poland UBS Financial Services Pełny etat

    PolandRiskGroup FunctionsJob Reference #295511BRCityJob TypeFull TimeYour roleAre you someone with a passion for market dynamics and quantitative analysis? Are you someone who likes a challenge and is willing to explore an emerging area of Risk Control on Algorithmic trading models? Are you a team-player, blending business management with execution...


  • Kraków, Lesser Poland HedgeServ Pełny etat

    HedgeServ is a leading global fund administrator with more than $450 billion in assets under administration across all investment vehicles including Hedge Funds, Private Equity Funds, UCITS, Hybrid Credit Managers, Funds of Funds and Managed Account Platforms. We optimize our clients' experience using unique proprietary technology coupled with robotic...


  • Kraków, Lesser Poland STATE STREET CORPORATION Pełny etat

    Corporate Audit, Vice President, Hybrid page is loaded Corporate Audit, Vice President, Hybrid Apply locations Krakow, Poland time type Full time posted on Posted 2 Days Ago job requisition id R Who we are looking forState Street Corporate Audit is looking for a versatile and talented business professional interested in progressing their knowledge,...


  • Kraków, Lesser Poland HedgeServ Ltd Pełny etat

    HedgeServ is a leading global fund administrator with more than $450 billion in assets under administration across all investment vehicles including Hedge Funds, Private Equity Funds, UCITS, Hybrid Credit Managers, Funds of Funds and Managed Account Platforms. We optimize our clients' experience using unique proprietary technology coupled with robotic...


  • Kraków, Lesser Poland HedgeServ Ltd Pełny etat

    HedgeServ is a leading global fund administrator with more than $450 billion in assets under administration across all investment vehicles including Hedge Funds, Private Equity Funds, UCITS, Hybrid Credit Managers, Funds of Funds and Managed Account Platforms. We optimize our clients' experience using unique proprietary technology coupled with robotic...


  • Kraków, Lesser Poland HedgeServ Ltd Pełny etat

    HedgeServ is a leading global fund administrator with more than $450 billion in assets under administration across all investment vehicles including Hedge Funds, Private Equity Funds, UCITS, Hybrid Credit Managers, Funds of Funds and Managed Account Platforms. We optimize our clients' experience using unique proprietary technology coupled with robotic...


  • Kraków, Lesser Poland dotCommunity Sp z o. o. Pełny etat

    Your career opportunityGlobal Finance is integral to our client's purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Their 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...


  • Kraków, Lesser Poland Jobs Via Efinancialcareers Pełny etat

    Vice President in Reporting Ops Belvedere Recruitment Kraków, Poland Posted 1 month ago Hybrid Job Permanent Competitive Only apply if you have a work permit or a right to work in Poland. As a Vice President in Reporting Ops, you'll shine in a role central to the global banks Europe Regulatory Reporting team, managing rep requirements and ensuring...


  • Kraków, Lesser Poland Jobs Via Efinancialcareers Pełny etat

    Vice President in Reporting Ops Belvedere Recruitment Kraków, Poland Posted 1 month ago Hybrid Job Permanent Competitive Only apply if you have a work permit or a right to work in Poland. As a Vice President in Reporting Ops, you'll shine in a role central to the global banks Europe Regulatory Reporting team, managing rep requirements and ensuring...


  • Kraków, Lesser Poland STATE STREET CORPORATION Pełny etat

    Corporate Audit, Assistant Vice President page is loaded Corporate Audit, Assistant Vice President Apply locations Krakow, Poland time type Full time posted on Posted 11 Days Ago job requisition id R We are looking for a versatile and talented business professional interested in progressing their knowledge, skillset, and career through challenging stretch...


  • Kraków, Lesser Poland STATE STREET CORPORATION Pełny etat

    Corporate Audit, Vice President, Hybrid page is loaded Corporate Audit, Vice President, Hybrid Apply locations Krakow, Poland time type Full time posted on Posted 21 Days Ago job requisition id R Who we are looking forState Street Corporate Audit is looking for a versatile and talented business professional interested in progressing their knowledge,...


  • Kraków, Lesser Poland Jobs via eFinancialCareers Pełny etat

    Vice President in Reporting Ops Belvedere Recruitment Kraków, Poland Posted 3 days ago Hybrid Job Permanent Competitive Only apply if you have a work permit or a right to work in Poland. As a Vice President in Reporting Ops, you'll shine in a role central to the global banks Europe Regulatory Reporting team, managing rep requirements and ensuring...


  • Kraków, Lesser Poland Jobs via eFinancialCareers Pełny etat

    Assistant Vice President, Finance Change Delivery Belvedere Recruitment Kraków, Poland Posted 3 days ago Hybrid Job Permanent Competitive Only apply if you have a work permit or a right to work in Poland. Join this global bank and illuminate your career path with an opportunity that stands out. We're looking for a dynamic Assistant Vice President in...