Julian Phillips

Global Leadership in Model Development, Model Risk Management, and AI Risk Management at HSBC

Speaker

Julian Phillips is a Managing Director at HSBC, where he leads Model Risk Management (MRM) for Corporate and Institutional Banking and for AI. He has more than 25 years’ experience in model development and model risk management across global financial institutions in Asia, Europe and the US, spanning all major business lines, functions and model types.

Julian has led large-scale model redevelopment programmes and transformed MRM teams in response to regulatory, business and technological change. He has designed and implemented agile approaches that accelerate model development, validation and implementation while improving the quality and consistency of outcomes.

His recent work includes leading MRM coverage of major FRTB and Wholesale IRB redevelopment programmes, and establishing a dedicated MRM capability for Generative and Agentic AI. Building on research with The Alan Turing Institute, he works with AI teams across HSBC to update, simplify and codify standards for AI testing, validation and monitoring.

Julian holds a PhD in Physics from the University of Manchester and was an Advanced Research Fellow in high-energy particle-physics research at DESY and CERN. His research included experimental analysis, theoretical modelling, design of object-oriented software for physics analysis and custom high-performance computing for Monte Carlo simulations.