VP, Management Reporting, F4 CoE Greater Chennai, India Area + 1 more

Job title: VP, Management Reporting, F4 CoE

HSBC is a leading and international bank with an ambition to be the preferred international financial partner for our clients. Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals in Finance Operations partner with the business to provide trusted insights and forward-looking analysis, accuracy, efficiency, and control to frame and influence business decisions.

Finance Operations is an integral part of FS&GEC, supporting teams across the globe through high quality service delivery across a broad range of finance activities. Finance Operations works as one connected team of c3k FTEs (c35% of Global Finance) organized across key global processes in multiple locations in India, Poland, and Mexico.

The Management Reporting team supports centralized financial forecasting and forward-looking analysis, coordinating with Finance teams across Business, Treasury and Operations. This role focuses on Net Interest Income (NII) forecasting within F4, delivering reliable forecasts, scenario analysis and insights within a controlled financial services environment. This is a high-visibility, high-impact role opportunity for an experienced Finance professional, offering direct exposure to senior stakeholders and the opportunity to shape strategic decision-making. You’ll sit at the center of Group FP&A, supervising centralized Balance Sheet, Net Interest Income (NII) and Risk-Weighted Assets (RWA)/Expected Credit Loss (ECL) forecasting, and leading the reporting and analysis of results to support the Forecast and Financial Reporting Processes (FRP) as well as ad hoc analysis. You’ll also play a key role in evolving our forecasting capabilities through the F4 Programme, leveraging cloud-based tooling and standardized processes. Working across Finance, Treasury, Operations and the businesses, you’ll help build a more scalable, consistent and forward-looking forecasting engine for the Group.

This role is accountable for the end-to-end delivery of centralized NII forecasting within F4, coordinating inputs, forecast production, review, reporting and insights across Business, Treasury and Operations Finance. The role holder will drive the evolution of the forecasting process and related capabilities, incorporating data science, statistical modelling and machine learning where these deliver measurable improvements in forecast accuracy, insight and efficiency within a robust control environment.

The role holder will collaborate with Business and Treasury Finance teams to generate base, alternative and ad hoc NII forecasts in F4, challenge inputs where needed and ensure that NII projections are consistent with the associated Balance Sheet assumptions. Accountability includes producing reporting and insights that explain forecast movements, key assumptions and uncertainty.

The role requires effective engagement with senior Finance stakeholders and data science, data engineering,

Key focus: delivery and evolution of F4 NII forecasting, including:

Develop a detailed understanding of NII drivers and underlying Balance Sheet assumptions to explain projected outcomes and assess the impact of alternative scenarios.

Translate forecast outputs into clear NII reporting and insights, distinguishing financial drivers, assumptions, risks and limitations for senior stakeholders.

Coordinate annual planning and throughout-the-year NII forecasting cycles in F4, supporting base, alternative and ad hoc forecasts across relevant businesses and entities.

Ensure traceability and consistency of forecast inputs, assumptions and outputs, with documented data lineage and quality controls throughout the F4 workflow.

Challenge NII forecast inputs and assumptions with Finance teams, documenting judgements and escalating unresolved issues through appropriate governance.

Support effective adoption of F4 forecasting tools through clear processes, documentation and training.

In this role, you will:

Principal Accountabilities and Responsibilities

The role holder will be accountable and responsible for centralized NII forecasting delivery and the evolution of forecasting capabilities within F4. This includes, but is not limited to:

Supervise centralised NII forecasting delivery in F4, coordinating with Finance teams across Business, Treasury and Operations to align inputs, dependencies and delivery timelines.

Lead coordination, consolidation, review and challenge of NII forecasts in F4. Collaborate with Business and Treasury teams to generate base, alternative and ad hoc forecasts, challenge inputs where needed and take accountability for reporting and insights.

Direct and drive the evolution of the F4 NII forecasting process and related capabilities as they mature, enhancing controls and documentation, reducing manual activity and strengthening quality assurance of forecast outputs.

Deliver forward-looking NII reporting and insights that explain forecast movements, key financial drivers and scenario outcomes.

Ensure timely production of NII forecast reporting for scheduled planning and forecast cycles, together with alternative scenarios and ad hoc stakeholder requests.

Evaluate NII forecasting models against established Finance approaches through back-testing and out-of-sample validation. Analyse forecasts versus actuals, monitor forecast accuracy, stability and model drift, and communicate assumptions, uncertainty and limitations to senior stakeholders in clear business terms.

Lead the identification and prioritisation of data science and machine learning use cases across F4 NII forecasting, scenario analysis, financial driver analysis and anomaly detection, defining measurable business outcomes and supporting effective adoption of new tools.

Assess NII outcomes under base and alternative scenarios, ensuring consistency with underlying Balance Sheet assumptions and clearly explaining sensitivities and forecast uncertainty.

Coordinate with Business, Treasury and Operations Finance on NII forecast assumptions, input quality and issue resolution, maintaining clear ownership and escalation of dependencies within F4.

Oversee timely delivery and continuous development of F4 NII forecast outputs and reporting, ensuring clear understanding of financial drivers and impacts on projected results.

Maintain engagement with Business and Treasury Finance to understand NII drivers and the assumptions underpinning reported and projected numbers.

Drive continuous process simplification and automation.

Ensure a robust control environment across reporting and data sources, with documented data lineage, quality controls, explainability and appropriate human review of analytical outputs. Work with relevant control and model risk teams to support model validation, approval and ongoing monitoring.

Identify and support delivery of F4 forecasting enhancements, aligning Finance and technology stakeholders on priorities, measurable outcomes and implementation readiness.

Stakeholder Management

Effective Relationship management with stakeholders, managing service delivery

Continuous engagement with stakeholders on evolving business and functional requirements to work towards standardization and Group organizational initiatives

Establishing an effective and robust communication channel with multiple stakeholders to ensure timely flow of information and continuous feedback mechanism

Engage with stakeholders through fact-based conversations, building strong relationships to ensure consensus

Anticipates and addresses issues and concerns from stakeholders and resolves them in an effective manner

Leadership & Teamwork

Manage change effectively, supporting teams through transformation and adoption of new technologies.

Provide leadership through coaching, guidance, and timely feedback.

Support retention of key talent and development of future skills.

Collaborate across functions and entities to promote consistency and teamwork.

Understand current processes, systems, and data flows, and shape the target end-state.

Design and enable training aligned to transformation needs, with focus on NII forecasting, effective use of F4 and analytical tools, model interpretation and control requirements.

Act as an escalation point for issue resolution and workload management to meet critical deadlines.

Be a part of future-ready workforce with skills that are fungible across the wider function to manage capacity constraints.

To be successful you will:

Functional Knowledge (Requirement to meet at least one of the following professional qualifications)

Recognized professional accounting qualification (CA) or MBA from Tier1 Institute with minimum of 10-12 years of experience predominantly in Finance and not exceeding 15 years , including in leadership positions managing complex requirements from senior stakeholders.

Technical Skill Requirements

Experience of operating and influencing in senior governance forums, handling auditors

Demonstrable Finance experience in business analytics and financial planning/forecasting, with strong technical and commercial understanding of the drivers behind reported and projected numbers.

Demonstrable hands-on experience building, delivering and challenging end-to-end Net Interest Income forecasts across planning and rolling forecast cycles.

Demonstrable experience delivering forecasts through F4 or a comparable enterprise forecasting platform, with the ability to take ownership of the F4 NII workflow. This includes coordinating input templates and data mappings, maintaining scenario and version discipline, reviewing calculation outputs, resolving exceptions, managing controlled adjustments and supporting documented review and sign-off.

Strong understanding of banking and non-banking products/segments, with deep knowledge of NII drivers: average balances, asset yields, deposit and funding costs, product and currency mix, new business pricing, contractual maturity and repricing profiles, deposit betas

Proven ability to construct and challenge base, alternative and ad hoc NII scenarios using internally consistent interest-rate curves, Balance Sheet assumptions and pricing behaviours. Assess sensitivity to rate levels and curve shape, deposit betas, repricing lags, balance growth and product mix; distinguish scenario effects from changes in assumptions or methodology and communicate forecast uncertainty.

Strong capability in reconciling forecast opening positions and actual NII to source Finance data, validating completeness and consistency of balances, rates and mappings, and producing forecast-versus-actual and forecast-versus-prior-version bridges that distinguish volume, rate, mix, currency and methodology effects. Maintain traceable assumptions, adjustments and review evidence.

Practical experience applying data science, statistical modelling or machine learning to financial forecasting or business analytics, with the ability to select suitable approaches and assess their value relative to established Finance methods. For NII use cases, demonstrate measurable incremental value against driver-based benchmarks through time-based back-testing and out-of-sample validation; assess forecast bias, accuracy and stability across relevant products and scenarios, and monitor model drift without compromising explainability or control.

Working knowledge of Python or R and SQL for data preparation, analysis and model prototyping; familiarity with cloud-based analytical environments and collaboration with data engineering teams.

Awareness of model risk management, data governance and responsible use of machine learning in a controlled financial services environment, including documentation, explainability and ongoing model monitoring.

Operational Requirements

Proven track record of designing, implementing and operating processes, influencing stakeholders, aligning expectations and managing delivery across a global matrix.

Operations management including process governance and stakeholder management.

Experience in designing, implementing and validating the effectiveness of process controls

Proven track record of driving re-engineering, process synergies and technology-based solutions

Ensure adequate controls across all deliverables to mitigate operational risk and maintain operational excellence. Operate under strict confidentiality requirements and implement Group compliance policy in liaison with Compliance, ensuring appropriate resources and training, maintaining records and delivering audit and regulatory actions.

Personal Skill Requirements

Firm Decision-making underpinned by commercial awareness. Making data-informed decisions that appreciate the risks and opportunities; align to the organisational goals

Problem solving. Typically exemplified through Critical thinking to gather information from various sources, differentiate facts from assumptions, and weigh up the pros and cons to support well-informed decisions;

Financial Modelling & Storytelling. Apply appropriate financial model techniques and ensure a sound control environment and be attentive to detail; apply Analytical Thinking to identify patterns and relationships and causes, evaluate information objectively, and evaluate outputs to ensure they are commercially viable; ensure models have commercial applications answering the ‘so what?’ of the output; and create and communicate impactful financial storytelling.

Proven leadership and stakeholder management skills, with confidence to communicate NII forecast insights, assumptions and limitations to senior management and coordinate delivery across Finance, Treasury and technology teams.

Exceptional drive and commitment, ability to work and thrive in a fast changing and results driven environment, and proven ability in handling competing priorities

Strong influencing, interpersonal, negotiation and conflict resolution abilities

Excellent communication, planning and organization skills

Proficient analytical review skills; ability to add value to customer deliverables through understanding of the business / lateral thinking

Ability to work in a dynamic environment and adapt to frequent and multiple changes

Effective team player – very collaborative, communicates progress, status and issues on a regular basis.

High degree of motivation and commitment

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HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

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