Job description
Business: Structured Equity Derivatives / Global Banking & Markets
Open positions: 1
Role Title: AVP
Global Career Band: 5
Location (Country/City) : Bangalore
Recruiter Name : Srinivasan S
Why join us?
Our team work with EQD Structuring teams globally with a daily interaction with onshore teams (Sales, Structuring and Trading) across all geographies (Asia, EU and US depending on the role) in Equity derivatives space. We work on pricing, testing, booking of structured products on our in-house platforms, we also work on development/Maintenance/Amendment of python libraries for our QIS strategies. Technology is key part of our job which we utilize to automate our pricing, documentation generation and other processes as well. We have active involvement in the development/streamlining of process such that we create an impact and value to our business while keeping checks on quality of work and the compliance with local and onshore regulators.
The Opportunity:
- This role will have a direct involvement with sales and trading teams, where you will be pricing structured products on the requests coming from clients. It also requires the understanding of the market nuances regarding the products and greeks related to their pricing.
- This role will also deal with automating the recurrent pricing requests to reduce turnaround time and avoid manual error.
- There will be a need for active involvement in the development/streamlining of process such that we create an impact and value to our business while keeping checks on quality of work and the compliance with local and onshore regulators
What you’ll do:
- Live Pricing of structured equity products for clients
- Assessing clients’ needs and creating customized solutions, with the help of sales and onshore structuring teams
- Idea generation based on market conditions and for targeting clients
- Secondary market pricing (Add On and Unwinds)
- Working with Traders and Quants to develop and improve the functionality and scope of existing pricing/back-testing infrastructure (Python and VBA)
- Reporting analytics for business insights and support
- Double scripting (new scripted pay-offs need to be scripted twice in parallel to be validated)
Requirements
What you will need to succeed in the role:
- 2-4 years of relevant experience in equity structuring/pricing products.
- Understanding of structured products like Autocall, RCB, Digital etc.
- Strong mathematical ability and understanding of equity derivatives products.
- Excellent problem solving and coding exposure to Python and VBA
- Excellent written and verbal communication skills/ability to express ideas via writing
- Pro-activeness/Initiative taking
- Ability to work within a team and speak directly to onshore stakeholders
- Proven ability to prioritize workload effectively in line with business priorities
What additional skills will be good to have?
- Certification related to Finance is good to have.
- Coding Exposure to Python is preferred.
Link to Candidate User Guide:
You’ll achieve more at HSBC
HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”
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***Issued By HSBC Electronic Data Processing (India) Private LTD***
Nom du recruteur
Srinivasan S
Courriel de recruteur
srinivasan.s@hsbc.co.in