Job Advert Details
Some careers shine brighter than others.
If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Your career opportunity
Global Markets Product Control is a division of Global Banking and Markets Finance responsible for the production and independent validation of Global Markets' profit and loss and balance sheet. In this regard, Product Control will ensure, inter alia, that accounting policies are correctly and consistently applied, and that Trading portfolios are appropriately valued. The daily process involves daily & monthly P&L and Balance Sheet reconciliations and substantiation as well as reporting activities and close engagement with various senior stakeholders in Product control, IT, Operations, Change and Business to meet business requirements as they may arise.
What you’ll do
• Lead the daily production of Profit & Loss within specific Global Markets trading desks, work alongside Front Office traders and sales managers to resolve any variances between estimated and actual figures, ensuring transparency and accuracy• Verify the accuracy of P&L attribution, ensuring the P&L is correctly allocated across various factors, including market effects, new trades, time effects, and other pricing / valuation components• Conduct comprehensive analysis of daily trading and sales revenues, producing detailed commentary on P&L, including main drivers, trading activity, key exposures, and financial market context• Conduct monthly comparisons of P&L with General Ledger balances, to identify and explain any variations• Oversee and assist with month-end General Ledger closure and substantiation of the Balance Sheet, to ensure accurate recording and accounting of all trading and non-trading activities• Represent the department in various meetings, actively participate in strategic discussions, provide analysis, explanation, and commentary on periodic movements in P&L and Balance Sheet, and present the results to senior management, front office, financial reporting and other stakeholders• Challenge business performance and trading activity, identify patterns and behaviours to detect anomalies, and report potential risks, or fraudulent activities• Ensure full compliance with Global Markets Functional Instruction Manuals (FIM) and regulatory requirements, adhere to ethical standards and performance expectations
What you need to have to succeed in this role
• Understanding of the financial and accounting associated with the MSS products and services• Understanding of Recovery and Resolution planning framework.• Proven experience of leading evolving frameworks in a challenging and changing finance environment• Proven experience of discussing complex analytical subjects with non-technical internal and external counterparts• Proven ability to work across regions whilst maintaining a global perspective• Demonstration of commerciality with strong financial acumen• Proven ability to work with senior stakeholders and business sponsors• Some knowledge of TM1 Management reporting would be advantageous
What we offer
• Competitive salary• Annual performance-based bonus• Additional bonuses for recognition awards• Multisport card• Private medical care• Life insurance• One-time reimbursement of home office set-up (up to 800 PLN).• Corporate parties & events• CSR initiatives• Nursery and kindergarten discounts• Financial support with trainings and education• Social fund• Flexible working hours• Free parking
If your CV meets our criteria, you should expect the following steps in the recruitment process:
• Online behavioural test (for external candidates only)• Telephone screen (for external candidates only)• Job Interviews with the hiring manager
We are looking to hire as soon as possible so don’t wait and apply now!
You'll achieve more when you join HSBC.
We thank all interested candidates for their applications. We reserve the right to contact only selected candidates.
In case you would like to resign from participation in recruitment process or withdraw previously sent to us application, please email us at: krakow.recruitment@hsbc.com