Risk Modeling Manager Job Vacancy in Sidi Bouzid, Tunisia – Banking & Finance
Job Description
Position: Risk Modeling Manager
Company: HSBC Tunisia
Location: Sidi Bouzid, Tunisia
Experience: 5-7 years in risk modeling, quantitative analysis, or related finance roles
Education: Master’s degree in Finance, Economics, Mathematics, or related field
Employment Type: Full-time
Industry: Banking & Finance
Department: Risk Management
Salary: SSP 3,000 – 5,000 per month
Vacancies:1
Company Overview
HSBC Tunisia is a leading global banking institution with a strong presence across North Africa. As part of the HSBC Group, the Tunisian subsidiary offers a comprehensive suite of financial services, ranging from retail banking to corporate finance and wealth management. The bank is committed to fostering innovation, sustainability, and inclusive growth in the Tunisian market. With a focus on digital transformation and customer‑centric solutions, HSBC Tunisia provides a dynamic environment for professionals seeking to advance their careers in a world‑class financial institution. The organization actively supports Tunisia Jobs initiatives and contributes to the development of local talent, making it an attractive destination for ambitious finance experts.
Job Overview
The Risk Modeling Manager will lead the design, development, and implementation of advanced risk models that support HSBC Tunisia’s credit, market, and operational risk frameworks. Reporting to the Head of Risk Analytics, the role involves collaborating with cross‑functional teams, ensuring model governance, and delivering actionable insights to senior management. This position plays a critical role in maintaining the bank’s risk appetite, complying with regulatory standards, and enhancing the overall risk culture. The successful candidate will be instrumental in driving data‑driven decision making and will contribute to the bank’s strategic objectives in the region.
Key Responsibilities
- Develop, validate, and maintain quantitative risk models for credit, market, and operational risk portfolios.
- Conduct stress testing, scenario analysis, and back‑testing to assess model performance.
- Collaborate with data engineering, IT, and business units to ensure data quality and model integration.
- Prepare comprehensive model documentation, validation reports, and regulatory submissions.
- Provide risk insights and recommendations to senior management and the Board Risk Committee.
- Lead model governance processes, including model risk rating and periodic reviews.
- Mentor junior analysts and promote best practices in risk analytics.
Required Skills
- Strong proficiency in statistical programming languages such as Python, R, or SAS.
- Expertise in econometric and machine‑learning techniques applied to risk modeling.
- Deep understanding of Basel III, IFRS 9, and local regulatory requirements.
- Excellent analytical, problem‑solving, and communication skills.
- Ability to translate complex quantitative concepts into clear business recommendations.
- Experience with data visualization tools (e.g., Tableau, Power BI) is a plus.
Education
A Master’s degree in Finance, Economics, Mathematics, Statistics, or a related quantitative discipline is required. Professional certifications such as FRM, CFA, or PRM are highly desirable and demonstrate a commitment to excellence in risk management.
Experience
Applicants should have 5‑7 years of hands‑on experience in risk modeling, quantitative analysis, or a similar role within a reputable banking or financial services institution. Prior experience in a multinational environment and exposure to regulatory model validation processes will be considered an advantage.
Salary
The compensation package ranges from SSP 3,000 to SSP 5,000 per month, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, and a comprehensive retirement plan.
Benefits
- Competitive salary and performance bonuses.
- Comprehensive health and dental coverage.
- Retirement savings plan with employer contributions.
- Generous paid leave and holidays.
- Professional development allowance.
- Access to HSBC global mobility and career progression programs.
Training
- Onboarding program covering HSBC risk policies, systems, and culture.
- Continuous learning opportunities through internal workshops, webinars, and external certifications.
- Mentorship from senior risk leaders and access to a global network of risk professionals.
Working Environment
HSBC Tunisia offers a collaborative, inclusive, and technology‑enabled workplace. Employees benefit from modern office spaces in Sidi Bouzid, flexible working arrangements, and a culture that encourages innovation and continuous improvement. The bank promotes work‑life balance and supports initiatives that enhance employee well‑being.
Application Process
Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the HSBC Careers portal. Applications will be reviewed on a rolling basis, and shortlisted candidates will be invited for a series of interviews, including technical assessments and behavioral evaluations.
https://www.somaliajobsearch.com/
Equal Opportunity Statement
HSBC Tunisia is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, age, disability, or sexual orientation. All qualified applicants will receive consideration for employment without regard to any protected characteristic.
