Job description
Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. 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.
Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency, geopolitical, operational, credit, pension, insurance, market and reputation risks. All parts of the Global Risk team use their skills, insight and integrity to handle established threats and those they see emerging, acting to protect and enable HSBC to deliver sustainable growth.
We are currently seeking a high calibre professional to join our team as a Senior Non Traded Market Risk Manager.
Principal Responsibilities
- Provide end-to-end independent oversight of the entity’s interest rate risk in the banking book including but limited to:
- Oversight of market risks undertaken by Markets Treasury
- Ensuring completeness and accuracy of key risk positions, all risks are correctly captured in a timely manner in accordance with Group policy
- Monitoring of all risk positions against limits. Proactively managing the business requirements for limit changes and changes to business model
- Review and challenge of IRRBB risk appetite, assumptions, hedging strategies, risk & control assessments
- Provide support to the Entity and Regional Management for the prudent utilisation of the balance sheet resources
- Provide second line oversight over regulatory and internal stress tests
- Implement relevant risk management policies and procedures, ensuring that they are globally consistent and consider entity specific idiosyncrasies
- Assist with implementing regulatory initiatives and country specific projects
- Support internal, external and regulatory audits of entity IRRBB risks and market risks in Markets Treasury
- Review new products and processes to identify all material risks and ensure effective controls around these to ensure appropriate risk management occurs during their life cycle
- Establish strong partnership with stakeholders while balancing the independent risk oversight requirements
- Foster a strong risk culture within partner functions, promoting risk awareness, escalation, and effective risk management practices
Requisitos
- 10 years+ market risk, IRRBB risk, ALM or trading experience with strong technical knowledge of treasury products and markets
- SME knowledge of RBI regulations in the outlined risk areas
- High level of maturity, resilience, sharp negotiation and communication skills. Able to work independently and under pressure
- Strong communication and interpersonal skills: Candidate will need the credibility and confidence to quickly resolve unscheduled queries and issues in a timely manner
- Must be able to take ownership of key responsibilities, be a problem solver and above all possess common sense
- Quantitative degree with experience in programming (will be a plus) and excellent commercial accumen and proven decision making, interpersonal skils (in particular influencing and communication skills)
You’ll achieve more when you join HSBC.
HSBC is 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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited.