Independent Model Review (IMR) is a specialist quantitative group within the Risk department which independently validates HSBC’s models.
Model types include Asset Management models, Economic Capital models, Financial Vulnerability Models, Global Markets Trading & Hedging models, Insurance Risk models, Retail Credit Risk models, Stress Testing and Scenario Analysis models, Traded Risk Models and Wholesale Credit Risk models. This includes the traditional model types as well as modern approaches such as machine learning (ML) and artificial intelligence. (AI)
IMR has a significant and well-established Centre of Excellence in Krakow and we are now offering Internship opportunities for qualified Masters or PhD students and graduates. During your time spent with HSBC you will have the opportunity to work as part of a Global Function within a Global Bank and to assist in the delivery of model appraisals.
responsibilities :
Working with large data sets, learning about financial data sources.
Assessing the relevance and reliability of the mathematical models used by HSBC’s Systematic Trading Business. These trading algorithms cover the market-making, client execution and risk management activities across HSBC globally.
Back testing and stress-testing analysis using statistical (data science) methodologies.
Report findings and make recommendations.
requirements-expected :
Studying towards master’s or PhD in one of the following areas: Computer Science, Physics/Mathematics/Statistics, Engineering discipline or Quantitative Finance.
Strong programming skills (Python preferred).
Expert knowledge in Statistics, Econometrics, AI/ML, stochastic processes.
Research experience in modelling.
Working knowledge of algorithms and data structures.
Knowledge of database query languages (SQL, Java, Scala, q/KDB+) would be a plus.
Strong communication skills in English (spoken and written) are essential.
Ability to manage multiple stakeholders.
offered :
Competitive salary
Annual performance-based bonus
Additional bonuses for recognition awards
Multisport card
Private medical care
Life insurance
One-time reimbursement of home office set-up (up to 800 PLN)
Corporate parties & events
CSR initiatives
Nursery discounts
Financial support with trainings and education
Social fund
Flexible working hours
Free parking
benefits :
sharing the costs of sports activities
private medical care
sharing the costs of professional training & courses
