Applied Analytics Analyst (Risk and Delivery team))

Last updated yesterday
Location:South Yorkshire


Role Title: Applied Analytics Analyst

Business: Compliance

Grade: GCB5

The Risk and Delivery Team provide oversight and organisation with regards to strategy, management reporting, book of work planning and tracking, and model risk management to the wider Applied Analytics function. The successful candidate will act as supervisor to the team, deputising for the Manager in meetings with senior stakeholders and decision making forums, undertaking a broad range of responsibilities around model development controls, interaction with independent reviewers, business management and risk&issue management.
Role Purpose
  • Financial Crime Risk Applied Analytics is responsible for the engineering, industrialisation and delivery of analytical products to help mitigate financial crime in all the countries HSBC operates in.
  • Working across multiple risk types including Anti Money Laundering, Fraud and Anti-Bribery and Corruption our work helps to keep our customers and the communities we operate in safe from financial crime.
  • With a passion for all things data our innovative multi-disciplinary team works with cutting technology to deliver products that solve real business problems. Our team consists of agile, create and solution driven individuals that want to use big data, analytics and machine learning to detect and prevent financial crime.
  • As a lead analyst you will worked closely with stakeholders and other functions within FCR Analytics to develop innovative and actionable models which help to manage financial crime risk. The solutions we deliver need to manage risk effectively, be commercially focused, scalable across our many markets and lines of business and stand up to the rigors of internal and external scrutiny and review.
Key Accountabilities
Impact on the Business
  • Support the development and deployment of models and analytical products to manage and mitigate financial crime risk
  • Develop new analytical practices in partnership with other Research & Analytics functions.
  • Manage model risk through the application of controls and standards
  • Interpret and manipulate large data set to extract trends and identify issues and risk
  • Use data visualization techniques to present complex ideas and provide self-service analytics
Customers / Stakeholders
  • Build relationships and connections with stakeholders including LoB, country and regional heads, FMS, FCC
  • Build trust and credibility with stakeholders in order to objectively engage them and where appropriate challenge their views.
  • Partner with internal and external vendors and agencies
  • Drive customer centric business outcomes
  • Form meaningful relationships with delivery partners including IT, GRA, Operations and Transformation
Leadership & Teamwork
  • Work effectively with peers and stakeholders at different levels of seniority
  • Ability to work and co-ordinate with remote sites.
  • Work across multiple geographies, cultures and time zones
  • Support diversity and reflect the HSBC values
  • Facilitate collaborative and self-directed work
  • Cross functional and inter-team relationship and partnerships
Operational Effectiveness & Control
  • Identify opportunities and best practice across all risk types that deliver efficiencies.
  • Ensure all documentation is completed with highest quality
  • Adhere to and implement standards and controls to monitor, track, mitigate and assess all models, projects and output
  • Maintain and observe all HSBC control standards and implement and observe the Group Compliance Policy, including the timely implementation of recommendations made by internal/external auditors and external regulators
Major Challenges
  • Fast pace of change and priority of book of work
  • Competing priorities
  • Heavily regulated environment
  • Skills gap and resource availability
  • Multiple stakeholder with competing objectives and priorities
  • Balance of speed of delivery and quality of product to meet emerging risks/threats
Role Context
  • The role will be given some supervisory guidance.
  • A level of autonomy is expected and innovation encouraged within the established standards and controls
  • The role holder should keep peers and line manager updated with progress
  • Some decision making is required
  • Support of excellent relationships with the regulators, industry bodies, etc., in respect of management of financial crime risk
  • Support of excellent relationships with internal customers/business areas
Role Dimensions
  • Part of an analytics practice of circa 300fte
  • Responsible for 45+ markets
  • Four global lines of business (Retail Banking & Wealth Management, Commercial Banking, Global Banking & Markets, Private Bank

Observation of Internal Controls

  • Effective management of operational risk including information security risk, human capital risk, business recover and
  • Identification, measurement and mitigation of financial crime risk
  • Adoption and adherence of standards to manage model risk
Management Risk
  • Effective management of operational risk including information security risk, human capital risk, business recover and
  • Identification, measurement and mitigation of financial crime risk
  • Adoption and adherence of standards to manage model risk