Climate Risk Analytics Manager

HSBC is seeking a Climate Risk Analytics Manager in the UK to lead climate change risk quantification for the trading book. The role involves developing and maintaining climate risk models, managing projects, and collaborating with stakeholders. Candidates should have a background in quantitative fields and climate science modeling, along with programming skills in Python. The position offers hybrid working arrangements, providing flexibility.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.

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.

We are currently seeking an experienced individual to join this team in the role of Climate Risk Analytics Manager.

We are searching for an experienced climate scientist to lead the quantification of climate change-related risks for the trading book. You will be the in-house specialist for Climate risk modelling and the science and methodological aspects behind it.

You will be part of a team of other senior analytics manager and will be working closely with various stakeholders including Business, Traded Risk Managers and data vendors.

A move across the business allows you to continue to access tailored professional development opportunities, and our fantastic benefits packages.

In this role, you will:
• Own the development, validation, and maintenance of globally consistent Climate risk models for the trading book such as Value-at-Risk (VaR), Stressed VaR, IRC
• Be accountable for Global methodology frameworks, development, and assessment procedures for Climate risk for the trading book
• Proactively manage projects and manage resources.
• Act as a subject matter expert with respect to climate risk and regularly communicating with the regulator, Trading Desks and wider teams across Traded Risk to explain and elucidate complex modelling details in non-technical language
• Write good quality and comprehensive documentation, that is well thought through and easy to understand

To be successful in this role you should meet the following requirements:
• Relevant experience of quantitative or in a technical field such as Statistics, Mathematics, Physics, Operational Research, Computer Science, or equivalent is essential for this role.
• Proven experience in Climate Science modelling is essential in this role
• Deep knowledge of Trading Book Market Risk Models and Analytics , as well as trading business and derivative products
• Knowledge in programming particularly in Python is essential
• Knowledge of Stress Testing or Economic Capital is advantageous

The base location for this role is London – Hybrid Working

You’ll achieve more when you join HSBC.

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: hsbc.recruitment@hsbc.com

Telephone: +44 207 832 8500