- HSBC is actively hiring for AI talent, with new job openings for an AI product director, a group head of AI research and development, and a group head of AI execution.
- The AI product director role, part of the bank’s ventures, innovation, and partnerships team, involves leading company-wide flagship initiatives in AI and generative AI (GAI).
- The group head of AI research and development will work in HSBC’s digital business services unit, focusing on testing, experimenting, incubating, and building intellectual capability for future-proofing via patents and technology papers.
- The group head of AI execution, also part of the digital business services unit, will establish and govern group-wide AI/GAI principles and standards, enable internal development of AI learning opportunities, and engage with regulators to form an industry-wide consensus on AI evolution.
- HSBC’s move to hire AI talent reflects its commitment to embracing AI in its operations as technology evolves.
- The bank’s head of the office of applied AI, Edward Achtner, mentioned during a recent webinar that HSBC has nearly 1,000 applications of AI and is actively testing a broad range of them, including GAI, aligning with strategic objectives and focusing on responsible and ethical scaling.
- HSBC acknowledges being in a period of transition where the underlying technology is more accessible and powerful, requiring awareness of potential risks associated with AI.
