Job title:
Senior Quantitative Analyst
Functions:
Financial Services
Degrees:
Other Masters
Years of experience:
Min 3, Max 0
Type of Position:
Full-Time
Description:
Provide mortgage company management with insights stemming from quantitative analysis of data, including developing predictive models of default, modification volumes and recidivism, gather customer behavior data to identify insights for improvement, segment customers into appropriate risk levels and recommend suitable collection strategies, design and test effectiveness of strategies, interact with operations management on a regular basis to highlight observations on portfolio trends and progress on initiatives. Apply operations research, mathematical modeling and process re-engineering techniques to solve business problems and make better decisions. Works collaboratively with other areas of the Mortgage Company as appropriate and interacts with senior business line managers to ensure project objectives and plans are well understood and deliverables meet business needs. Design projects to meet business line needs. Establish analytical approach and work plans; identify, obtain, and manage necessary resources for implementation. Maintain regular communication with clients to ensure that the project remains in synch with business line needs as the needs shift.
Work with business line managers in all areas of the Mortgage Company to understand and help define quantitative modeling needs. Proactively suggest analytical approaches to key problems. Complete other responsibilities, as assigned. Perform analytical modeling tasks in association with project execution. Where appropriate, coach other analysts in this work, providing suggestions or guidance to improve the quality of the result. Ensure all work is thoroughly documented for future reference. Prepare presentations or memoranda of findings for business line management. Deliver presentations where required. Identify database and analytical environment enhancements and work with the Data Management team and HTS to oversee their implementation. Participate as an expert resource in defining requirements for Mortgage decision support database and associated tools. 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.
Basic Qualifications;
* Minimum of a Bachelor’s degree in a quantitative social science or statistics, related field or equivalent experience
* Master’s degree preferred
* Minimum of three years proven and progressive financial services experience including experience in data analysis and management reporting and in the mortgage industry
* Strong interpersonal, analytical, decision-making, lateral thinking, interpersonal and communications skills
* Demonstrated ability to translate business managers’ needs into quantitative modeling projects
* Knowledge of statistics, operations research, and various data discovery techniques, as well as supporting software tools and database environments; knowledge of SAS statistical and neural network software preferred
* Knowledge of banking and the areas of banking requiring significant quantitative expertise (profitability analysis, risk analysis, behavioral marketing analysis)
* Self-starter, capable of working with minimal oversight to solve a problem or meet a need