HSBC is on an AI hiring spree with call for three new executives

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.