Role Title : FCTM Applied Analytics Analyst
Business : FCTM
New or Existing Role : New
This role is responsible for supporting the development and maintenance of models and methodologies for FCR Analytics risk measurement.
The core objectives are :
to work with project leaders in the review and improvement of the existing suite of models and methodologies,
to support improvements to the systems and data infrastructure supporting deployment of the traded risk models, and
to participate in projects aimed at aligning methodologies, governance and policies around the Group, and
keep abreast of regulatory requirements.
The position is responsible for ensuring compliance coverage of Transaction Monitoring models .
Role holder will have delivery responsibility of analytics for
Impact on Business
Appropriately calibrated and applied FCR Analytics Riskmodels helps ensure that risk is more accurately quantified and allocated.
This in turn leads to more appropriate risk-return analysis for the business.
Regulatory approval for effective risk models aligns risk measurement and capital.
Understanding of regulatory requirements means the business is forewarned of changes in the regulation and can prepare accordingly.
Effective communication with the FCR Analytics team at both Regional and Group levels ensures there is a strong common understanding of the risk models and that best practices are being applied.
Providing bespoke analysis for new business helps ensure that the business can make appropriate risk / capital assessments.
Assure the global standards for relevant models and analytics adhere to HSBC model governance and regulatory demand.
Provision of analytics to identify new risk trends and risks and recommend model or control amendments to address
Promote a culture of data driven decision making, aligning short term decisions and investments with longer term vision and objectives
Customers / Stakeholders
Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets
Develop close and effective working relationships with Global Business, Regional & Functions to ensure impacted parties are well informed from a Group / Regional perspective on region and best practice sharing
Engage stakeholders at the right level, on the right issues and in the appropriate context to obtain a deeper understanding of their business and responsibility, their requirements and the impacts of the services and products FCR offers
Build trust and credibility with stakeholders in order to objectively engage them and where appropriate challenge their views
Demonstrate analytical thinking, sound judgment, critical analysis, attention to detail and provide value-added advice
Leadership & Teamwork
As required, support specific model development
Work closely with Regional and Group FCR Analytics teams
Establish and maintain strong working relationships with with key stakeholders (i.e.Business, Risk, Finance)
Support achievement of the HSBC vision, Values, goals and culture in personal behaviour, actions and decision making
Take personal responsibility for understanding and agreeing performance expectations, completing the necessary mandatory training and developing the levels of capability and competence needed to be effective in the role
Contribute to team development, effectiveness and success by sharing knowledge and good practice, working collaboratively with others to create a productive, diverse and supportive working environment
Work collaboratively across a range of teams fostering positive working behaviours
Contribute to the team’s high engagement and motivation levels
Provide strong team performance management and direction for direct reports
Ability to work and co-ordinate with remote sites
Help contribute tothe FCR Analytics strategy
Operational Effectiveness & Control
Identification of gaps in risk models and approaches to mitigate
Work withrelated projects for development of efficient implementation solutions
Share best practice learning with wider team and seek continuous improvement opportunities
Maintain cost discipline, rationalise and consolidate expense
Be aware of changes to business practices and products to ensure that compliance procedures and controls are adequate to cover them
Monitor and check for adherence to compliance procedures and controls
Local Job Requirements
Work with global teams across business lines and countries
Clearly articulate business and regulatory implications of analysis and findings to both Compliance colleagues and Senior Business Management.
Support decisions with sound reasoning and rationale and data analysis
Foster and maintain an attitude of can do’ within the MLRO Function and the wider AML Compliance Function.
Keeping abreast of all regulatory developments together with changes to Group Standards in order to ensure appropriateness of advice
Be able to learn new skills and build knowledge quickly
Translate complex ideas into easily understandable solutions and documentation
Work independently and with remote teams
Operate, influence and communicate effectively with stakeholders and other colleagues both inside and outside FCR Analytics.
Think and act in a joined up manor and sharing best practise across the group whilst applying technical knowledge, often within tight timeframes
The value of this role should be measured by the impact the team is expected to deliver in a continuously changing environment.
Directly managed teams will deliberately be established as small teams of highly skilled, highly motivated change agents who will work as catalysts with the business partners to aggressively drive change.
Management of Risk
The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation.
This will be achieved by consistently displaying the behaviours that form part of the HSBC Values and culture and adhering to HSBC risk policies and procedures, including notification and escalation of any concerns and taking required action in relation to points raised by audit and / or external regulators.
The jobholder is responsible for managing and mitigating operational risks in their day to day operations. In executing these responsibilities, the Group has adopted risk management and internal control structure referred to as the Three Lines of Defence’.
The jobholder should ensure they understand their position within the Three Lines of Defence, and act accordingly in line with operational risk policy, escalating in a timely manner where they are unsure of actions required.
Through the implementation the Global AML, Sanctions and ABC Policies, supporting Guidance, and Line of Business Procedures the jobholder will make informed decisions in accordance with the core principles of HSBC's Financial Crime Risk Appetite.
The following statement is only for roles with core responsibilities in Operational Risk Management (Risk Owner, Control Owner, Risk Steward, BRCM, and Operational Risk Function.
The jobholder has responsibility for overseeing and ensuring that Operational risks are managed in accordance with the Group Standards Manual, Risk FIM, & relevant guidelines & standards.
The jobholder should comply with the detailed expectations and responsibilities for their core role in operational risk management through ensuring all actions take account of operational risks, and through using the Operational Risk Management Framework appropriately to manage those risks.
This will be achieved by :
oContinuously reassessing risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
oEnsuring all actions take account of the likelihood of operational risk occurring, addressing areas of concern in conjunction with Risk and relevant line colleagues, and also by ensuring that actions resulting from points raised by internal or external audits, and external regulators, are correctly implemented in a timely fashion.
Observation of Internal Controls
The jobholder will adhere to, and be able to demonstrate adherence to, internal controls and will implement the Group compliance policy by adhering to all relevant processes / procedures.
The term compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply.
This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.
The jobholder will implement measures to contain compliance risk across the business area. This will be achieved by liaising with Compliance department about business initiatives at the earliest opportunity.
Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.
Good understanding of the business activities for a large global banking group with diverse operations from retail banking, wealth management, commercial banking, global banking, investments, transaction services, asset management, private banking and insurance
Several years proven and progressive experience in financial services data analysis and / or application development; AML Compliance specific experience preferred
Hands on experience of open source big data technology, especially graph theory and utilisation of scala.
Minimum of a Bachelor's degree in a numerate or computer science, MIS, related field or equivalent experience
Proven ability to clearly articulate business and regulatory implications of analysis and findings both to Compliance Colleagues and Business Heads
Takes pride in working to a high standard, and thrives within a changing environment, showing initiative and drive
Hands on data science programming experience using languages such as R, Python, Matlab or similar to analyse, transform and visualise big data;
Strong Experience in SQL, PL / SQL, ORACLE
Proficiency in (Scala, JAVA, SQL), Open source technologies.
Hadoop (Hive, Pig, Ambari, etc.), SPARK
Advanced statistical methods / functions
Supervised Learning : Regression Analysis, Generalized Linear Model, Decision Trees, SVM, etc.
Experience in Google analytics, AWS
Strong analytical skills with complex data type and format Clustering : K-means, Hierarchical clustering, etc.
Data Modelling experience
Experience in - integrated development environment (IDE).
Experience in Functional programming
Experience in any Visual Analytics tools and concepts e.g SAS VA, Tableau, Qlikview, Platfora.
Understanding business requirements and ability to convert these into positive systems changes
A working knowledge of Outlook, Word, Excel, Access, Visio and PowerPoint
A flexible approach to working with the ability to travel to other entities within HSBC
Ability to review processes and controls across the Business
Strong communication and presentation skills (both verbal and written) and ability to convey information in a way that is clear, succinct, and easily understood by non-
analysts and senior executives
Good understanding of payment activities for a large global banking group with diverse operations specially relating to AML, Payments, and Compliance.
Excellent analytical skills with good eye for detail and ability to draw and support conclusions or anticipate outcomes from data trends or system documentation
Be able to generate and maintain positive relationships within the team and across the business
As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people.
This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of background, circumstances, age, disability, gender identity, ethnicity, religion or belief and sexual orientation.
We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies
We are an equal opportunity employer and are committed to creating a diverse environment.