Retail Quantitative Analyst, Senior Manager

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential - whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC is one of the world’s largest financial organisations, serving around 41 million customers across 58 markets. It has 211,000 full time equivalent employees around the world. At yearend 2024, HSBC had assets totalling USD 3 trillion. As part of the HSBC Group, International Wealth and Premier Banking (IWPB) operates as one of two Global Businesses. In IWPB, our ambition is to be the leading international wealth manager in Asia and the Middle East.

To support our wealth ambitions across IWPB, Wealth & Premier Solutions (WPS) are responsible for providing world-class products, capabilities, services and exceptional client experience across the client wealth continuum. This includes three global sub business lines for clients, namely: Global Private Banking, Asset Management and Insurance.

We are recruiting for an exciting role as a Retail Quantitative Analyst. The purpose of the role is to provide quantitative expertise on the end-to-end model lifecycle for Retail products and provide technical support on the governance of wider Retail products. The role is global in nature and supports all the IWPB markets.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you will:

• Supporting governance of all the products used in WPS. As well as support the integration of Retail products into the WPS Product Governance Process.
• Provide technical input and review and challenge on Retail product approvals in addition to other product types as required.
• Ensuring local and global product governance forums are balanced to ensure business growth while meeting regulatory and Group requirements.
• Ensuring (where possible) globally consistent Product Governance and Product Oversight Committee desk procedures to ensure maximum process efficiencies to assist timely product marketing.
• Ensuring all product governance artefacts are correctly documented, in line with Group and all regulatory requirements.
• Streamlining the product approval process to achieve the correct balance between distribution of the right products for our clients, effective time to market and effective product management/governance.
• Support the wider team’s priorities by proving technical product and quantitative expertise in model development and lifecycle management activities.

To be successful in this role you should meet the following requirements:

• Relevant professional qualification such as CFA as well as a quantitative degree in a discipline such as Economics or Maths.
• Ability to think strategically and manage relationships with senior stakeholders.
• Leadership qualities and good team management skills. With excellent Communication and Inter person skills – Both verbal and written.
• Good analytical skills, an eye for detail and a drive for quality, understand and to interpret Numeric information.
• Experience of managing Product Governance in a financial services business is preferred.
• An understanding of Retail, investment, credit and insurance products and services.
• An understanding of model risk management regulations and industry practice.
• Getting results through effective management of processes; possess capacity to define problems and find effective solutions; ability to relate to people at all levels both internally and externally.
• Strong and proven leader to develop and nurture stakeholder relationships with Regulators, regional teams and Audit.

This role is based in London and will be a full-time hybrid role

Opening up a world of opportunity

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: [email protected]

Telephone: +44 207 832 8500.