Senior Business Analyst - Global Risk Analytics at HSBC, London/Remote, 6 Months, to £796 per day

£700 - £796 per day
  • Contract Spy
  • London Area, United Kingdom
  • May 15, 2024
6 Months or more Finance

Contract Description

Senior Business Analyst – Global Risk Analytics

6-month contract

London / Hybrid

Up to £796.28 p/d Umbrella


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. We are currently seeking an experienced individual to join this team in the role of Senior Business Analyst.


As part of the Libra Programme a Business Analyst is required to support refinements to the End-to-End processes of the Parental Support Framework methodologies across various asset types. The role will involve but is not limited to the analysis and interpretation of data and data flows to improve Data Quality for downstream processes and the delivery / implementation of process and policy improvements.


Particular expertise required:

  • Familiarity with regulatory requirements related to Credit Risk and Rating Systems and ideally Parental Support Rating Systems
  • Experience of delivering change within a Data Programme and dealing with large volumes of data
  • Strong analytical and problem-solving skills
  • Good presentation and interpersonal skills
  • Ability to hold requirements workshops, Working Groups, training sessions as required
  • Ability to develop and execute test plans
  • Global Risk Analytics (GRA) is a part of HSBC’s Global Risk Function which provides solutions using analytics, tools, and models to identify, measure and manage key risks.GRA currently covers Wholesale Credit and Market Risk, Financial Crime Risk, Regulatory Compliance and Operational Risk. As GRA is focused on model development and ownership, its activities are considered First Line of Defence.


Role Context:

The transformation function is responsible for delivery of change projects across GRA globally, working at local, regional and group levels. The team is responsible for process and organizational change as well as managing systems and technology projects.


The job is a major point of contact with the business and IT. The jobholder works independently and has a high level of flexibility to consult with the business at all levels. They will need to have the ability to work closely with and build good relationships with IT, IT Operations, Service Delivery, and with other delivery partners and Global Functions. The jobholder is expected to successfully engage in multiple initiatives simultaneously, taking a lead analyst role in larger projects that impact significant numbers of users and teams group wide spanning all lines of business.


The role holder may chair decision making governance bodies. The jobholder will not be subject to close supervision and will be expected to exercise independent initiative and judgement in proactively overcoming obstacles to success, dealing with uncertainty and changing circumstances, such as interdependencies, opportunities or risks. He/she will be expected to adopt an agile and flexible approach to work and an outstanding level of professionalism and conduct.


Subject Matter Expertise:

  • Good understanding of Credit Risk
  • LGD and EAD Models
  • RWA Calculation
  • Controls & Reporting
  • Excellent Product Knowledge
  • Lending
  • Trade and Receivables Finance
  • Treasury Products
  • Traded Products (Derivatives, Repos)



  • Change management
  • Excellent understanding of the programme / project lifecycle
  • Excellent understanding of HSBC Business Transformation Frameworks and best practice techniques.
  • A thorough understanding of the purpose, value, culture and fundamentals of HSBC Transformation
  • Strong understanding of banking / HSBC and understanding of how change drives benefits for HSBC, its customers and other stakeholders
  • Expert knowledge of the Groups modelling approach and system architecture, data flows and related processes
  • Business re-engineering knowledge
  • Advanced business analysis, requirements gathering and design techniques
  • Experience of complex global implementations
  • Global Risk Analytics
  • A thorough understanding of the Model development lifecycle
  • An awareness of modelling tools, techniques and systems
  • Risk system architecture across Risk sub-functions – where relevant.
  • Data management approaches and technology
  • Understanding of the regulatory framework within which HSBC operates globally.



  • Proven track record as an outstanding analyst or consultant
  • Overall financial services industry knowledge with specific functional expertise
  • Extensive experience of using multiple analysis techniques in a change environment, with a mix of business, operations and technology focused projects.
  • Experience of business case development and a sound understanding of how design enablers underpin business benefits
  • Strong experience of delivering change into different audiences and managing implementation in banking environments.
  • Excellent communication, inter-personal and negotiating skills
  • Excellent decision making and problem solving ability
  • Advanced judgmental skills to identify and resolve problems
  • Experience of managing teams and resources located remotely
  • Ability to motivate and lead people, employing appropriate management styles
  • Proven ability to work across regions whilst maintaining a global perspective
  • Proven ability to work with senior stakeholders and business sponsors



If you think you are up for the task and feel you meet the above criteria or interested to hear more information, please contact me on


Please note, in the event of a high volume of applications for this role, we will not be able to respond to each individual applicant. Unfortunately, if you have not been contacted within 7 days then we will not be progressing with your application. Thank you for your understanding