Credit Quantitative Analyst, Markets & Securities Services

Ready to build and evolve the credit models used on our trading desk?

This role focuses on developing the mathematical models and analytical tools used by HSBC’s Credit desk. You’ll design, develop, test and document credit models to HSBC standards and build technical solutions that support day-to-day desk needs. The work spans model calibration routines and market data analytics such as curve bootstrapping and interpolation. You’ll also respond quickly when issues are identified ensuring models remain reliable and fit for purpose. Success means robust well-tested models in production with smooth delivery into end-of-day processes and readiness for model validation.

Responsibilities:

• Develop the underlying mathematical models and analytical tools used by the Credit desk
• Design, build, test and document models in line with HSBC standards
• Deliver technical solutions for the desk including enhancements to existing tooling
• Implement rapid fixes when issues are identified in models or analytics
• Build and maintain model calibration routines for credit pricing and risk
• Create market data analytics including curve bootstrapping and interpolation methods
• Partner with trading, sales and structurers to translate desk needs into model solutions
• Coordinate with IT, Model Validation, Risk Management and Finance to support delivery and governance expectations.

Requirements:

• Bring substantial experience as a Quantitative Analyst developing models in quantitative finance
• Demonstrate knowledge of standard pricing models used in the investment banking industry
• Apply knowledge of credit products and credit models in a desk-facing environment
• Build production-grade solutions in C++ including modern C++ (C++11 or later) and Visual Studio where relevant
• Use Python and Excel effectively for analytics, prototyping and data workflows
• Embed models into a modern delivery cycle including end-of-day considerations and model validation standards
• Operate fluently within a quant CI/CD pipeline and associated tooling
• Partner effectively across trading, sales, structuring, IT, Model Validation, Risk Management and Finance to deliver outcomes.

Benefits: HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.