Credit Policy Risk Analyst

Company: HSBC
Location: Mettawa, IL
Web: www.us.hsbc.com

Job Description: Provide analytical and/or MIS (Management Information System) support for various credit policy, risk and/or marketing related functions. Conduct cost and profitability studies of customer groups, merchants and/or loan types for business unit operations. Evaluate and implement internal and external credit scoring using both traditional and advanced forms of predictive technology. Complete formally present findings to management. Prepare exhibits and supporting material and develop recommendations for credit and pricing policies, bulk acquisitions, new loan or merchant program structures, profitability/pricing for accounts and portfolios and provide revenue, cost, delinquency and loss forecasts. Complete other responsibilities, as assigned. Provide support for analytical research projects and/or statistical models to include project design, data collection, database design, analysis and presentation of results.

Analyze loan and customer credit risk performance using corporate databases. Utilize external scoring and/or management software packages to aid in managing account acquisition and portfolio management. Design and/or write technical programs for statistical analysis of portfolio and/or credit bureau performance and monitoring. Assist in establishing, monitoring, evaluating, developing and implementing strategies for new account acquisition, credit limit setting and account management. Ensure account acquisition, account management, and data delivery systems are operating efficiently. Code, test, program and implement new policy changes for account acquisition or account management systems. Assist in the development and selection of predictive credit risk variables for model development, deployment and/or validation. Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues. Promote an environment that supports diversity and reflects the HSBC brand. Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

Requirements
This position is customer-facing and requires excellent communication skills and strong integrative thinking skills.

This position requires the ability to concisely communicate complex analytical information to customers/partners with varying degrees of technical understanding.

This position requires strong predictive modeling skills.

• solid understanding of regression and decision tree based methods for fitting predictive models is required.
• Experience with survival analysis and time-series modeling is a strong plus.
• Experience with advanced predictive methodologies is a plus.

• Bachelor's degree in mathematics, statistics, finance, economics, related field or equivalent experience. Masters/Ph.D. degree preferred.
• One year proven statistical analysis w/ emphasis in predictive modeling, or equivalent, knowledge and understanding of financial services preferred
• Strong organizational, analytical, problem-solving, verbal and written communication skills
• Strong SAS programming skills including data manipulation and statistical analysis procedures
• Basic understanding and experience with SQL
• Results driven orientation
• Exceptional teamwork and ability to function effectively in a matrix organizational structure
• Knowledge of segmentation, targeting, optimization, and life cycle management
• Proficiency with personal computers as well as pertinent mainframe/Unix systems and software packages