**Role purpose**
Develop, validate and monitor statistical models and tools under the standards of PRA, BANXICO and CNBV, as well as meet the requirements of local and British regulators.
**Main activities**
- Development of effective models for the estimation of reserves and Stress Testing.
- Update and monitor model-related regulations.
- Model monitoring for compliance with internal model risk management policies.
- Provide the necessary training and dissemination to users of credit risk measurement models.
- Identify, measure, mitigate, monitor and report operational risks, especially those related to the measurement and management of credit risk.
- Support change initiatives and escalate any concerns.
**Requirements**:
- Management responsibilities through subordinate managers performing.
- Broad and comprehensive understanding of concepts and principles within multiple disciplines or a fast changing discipline.
- The role requires a comprehensive understanding of how all value units / products / regions / legal entities collectively integrate, alongside a comprehensive knowledge of the industry in order to contribute to the commercial objectives of HSBC.
- Covers a wide range of activities that require complex judgements based on advanced analytical thought. Problems often require an innovative approach, based on extensive research.
- Seeks ways of improving and adapting day to day departmental activities and will actively seek authority to implement them.
- The role requires the ability to guide, persuade and influence others through the developed skills of communication and diplomacy.
- Latitude to make decisions outside of established procedures but within a policy framework. Broad guidelines are available. Role implements strategy set by others.
- Implements business plans through own team and is accountable for results.