Senior Manager, Independent Model Review

Are you an experienced risk management professional looking for a challenging and rewarding role? Join HSBC as a Senior Manager of Independent Model Review and play a critical role in ensuring the accuracy and effectiveness of our risk models. As a global bank, HSBC relies on robust and reliable models to make informed business decisions, and as the Senior Manager, you will be at the forefront of ensuring that our models meet the highest standards. We are looking for a dynamic individual with a strong background in model validation and risk management, who is self-motivated and able to thrive in a fast-paced and complex environment. If you are passionate about risk management and have the necessary qualifications, we invite you to apply for this exciting opportunity at HSBC.

1. Conduct independent reviews of all risk models used by HSBC, including but not limited to credit risk, market risk, and operational risk models.
2. Identify and assess potential model risks and ensure that appropriate controls are in place to mitigate these risks.
3. Evaluate the accuracy and appropriateness of model assumptions, data, and methodologies.
4. Provide expert guidance and recommendations to improve the design and implementation of risk models.
5. Develop and maintain strong working relationships with key stakeholders, including model owners, developers, and regulators.
6. Stay up-to-date with industry developments and best practices in model validation and risk management.
7. Lead and manage a team of model validation professionals, providing guidance, training, and performance evaluations.
8. Collaborate with other risk management teams to ensure alignment and consistency in model validation processes and standards.
9. Prepare and present comprehensive reports to senior management and regulators on the results of model reviews and any identified issues or concerns.
10. Continuously review and enhance the model validation framework to keep up with changing business needs and regulatory requirements.
11. Provide support and assistance in model-related audits and regulatory examinations.
12. Contribute to the development and implementation of model governance policies and procedures.
13. Mentor and coach junior team members to develop their skills and knowledge in model validation and risk management.

According to JobzMall, the average salary range for a Senior Manager, Independent Model Review in 40 Düsseldorf, Germany is €90,000 to €120,000 per year. However, this can vary depending on the specific company, industry, and individual experience and qualifications. It is important to research and negotiate salary based on these factors before accepting a job offer.

HSBC Holdings Plc operates as a holding company for the HSBC Group. It provides banking and financial services through four global businesses, including Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets and Global Private Banking. The company's operating segments are organized into six geographical regions, including Europe, Hong Kong, Rest of Asia Pacific, Middle East and North Africa, North America and Latin America.