HSBC Group

• 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. 

•   University graduate from a reputed institution in financial or economic subject or university graduate in Mathematics, Physics, Engineering or similar.

• 2+ years of proven experience in product control or a similar role within the financial markets industry.

• Good knowledge of financial markets and products, including their lifecycle, pricing and valuation, trading operations, P&L analysis, risk management and accounting principles.

• Experience with P&L Analysis, Balance Sheet reconciliations, or Financial Reporting.

• Knowledge of financial regulations and accounting principles.

• Strong problem-solving skills and the ability to think critically, independently and with minimal supervision.

• Excellent analytical skills and attention to detail, with the capacity to interpret financial data, draw meaningful insights and investigate and resolve discrepancies.

• Strong communication and interpersonal skills, with the ability to effectively collaborate with stakeholders at all levels.

• Online behavioral test (for external candidates only)

• Telephone screen (for external candidates only)

• Interview with the hiring manager