HSBC Group

If you’re looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge, and develop your skills. Bring your knowledge of our brand to a new role and grow yourself further.

We are currently seeking a professional to join our team in the role of: Analyst, Markets Treasury.

A move across the business allows you to continue to access tailored professional development opportunities, and our fantastic benefits packages.

Role Purpose:

Markets Treasury is responsible for the management of the Liquid Asset Buffer, Cash Management, funding and structural interest rate risk for HSBC Group. 
It is a significant contributor to the revenue of the Group, with staff in over 40 sites worldwide and spans the various Group balance sheets. Markets Treasury provides input into each local ALCO and liaises extensively with Group and Entity Treasury.  Markets Treasury is managed by the Global Head, the Regional Heads for HCIB and MENAT, Asia Pacific and the Americas, and the COO.

Markets Treasury in the Non-ringfenced bank UK (HCIB) is organised in two halves which work very closely together. The Funding and Liquidity team is responsible for the cash management of the entity, execution of the liquidity management strategy, wholesale funding and issuance. The Portfolio and Analytics team is responsible for the management of the entity’s Liquid Asset Buffer (LAB), management of the structural interest rate position, as well as providing reporting and analytics of the value the portfolio, RWA consumption and internal MI around the performance of the desk. 

This role is primarily for Funding and Liquidity team within Markets Treasury. 

In this role you will:

Cash Management: 

Markets Treasury’s role is to ensure that the bank’s surplus cash is deployed and cash deficits are financed in an efficient manner, whilst adhering to all the relevant internal and external requirements. This requires a considerable amount of communication with internal and external stakeholders ranging from our Operations team(s) to market counterparties. The role holder is expected to act in accordance with all regulatory rules and guidelines with consideration given to overseas regulators when squaring foreign currency balances with nostro agents and/or central banks.

Funding and liquidity: 
Markets Treasury plays an important role in execution ensuring the entity meets its liquidity ratios in each material currency. Money market and FX swap instruments are often used for the purpose. Markets Treasury works in close coordination with the Group and Entity Treasury for matters pertaining to liquidity policy. Markets Treasury is reasonably active in Commercial Paper (CP), Certificate of Deposit (CD) and Vanilla Medium Term Note (MTN) market for the purpose of funding management. Funding and Liquidity team is involved in day to day execution of the entity’s overall liquidity management strategy, as well as in any new frameworks being adopted within the entity. This involves daily interaction and coordination with Markets and Securities Services (MSS) with regard to cash and liquidity allocation and other related topics. The team also maintains active dialogue globally with Funding and Liquidity teams in other sites esp. on adoption of new metrics and frameworks.

On the asset side, the Liquid Asset Buffer (LAB) and various market risks associated with the securities portfolio and IRRBB stabilisation are mainly managed by the Portfolio team. Funding and Liquidity team manages a part of this especially those in non-G3 currencies. 

Revenue target:

As with any role in Markets Treasury, the optimising of returns must never be unduly prioritised over liquidity. Markets Treasury actively manages the market risks resulting from interest rate risk buy-in and the liquid deployment of non-stable and excess stable cash and therefore aims to utilise the range of permitted instruments to manage risks and optimise revenues, always keeping liquidity at the forefront at all times.

Additional Responsibilities:

The role holder should be expected to comply with the business conduct roles and responsibilities of the desk.  In due course, the role holder will be expected to ensure they are respected subject matter experts across the broad range of Markets Treasury activities and available to those in the entity that require assistance. They need to maintain a risk management mindset, considering pros and cons of decisions. The role holder will be responsible for ensuring any issues are escalated appropriately.

To be successful in this role you should meet the following requirements:

- Finance related education, preferably with a professional qualification.
- Experience in a Markets Treasury and MSS risk taking.
- Sound product knowledge including Money Markets, Fixed Income, IR derivatives, Cross currency swaps, FX swaps & Repo.- A broad knowledge of markets and economies.
- Strong analytical background essential.
- Excellent communication skills to deal with an extremely diverse set of stakeholders across complex issues and narratives.
- Strong computer skills with the ability to develop and maintain robust models including the use of Python.
- Excellent team player with a proactive and self-motivated attitude and ability to think and act independently.

This role is based in London.

Continue to grow with our internal opportunities.

To support you with putting your best foot forward for our internal opportunities, you are invited to take advantage of our CV and Interview workshops, hosted  by our Talent Acquisition team. To find out more and register to attend please copy and paste this link into your browser - https://performancemanager.successfactors.eu/sf/learning?destUrl=https%3a%2f%2fhsbcbank%2eplateau%2ecom%2flearning%2fuser%2fdeeplink%5fredirect%2ejsp%3flinkId%3dITEM%5fDETAILS%26componentID%3dLDXX1066V%2d000%2dENGBR%26componentTypeID%3dVILT%26revisionDate%3d1692279360000%26fromSF%3dY&company=hsbcholdin

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone -  no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: hsbc.recruitment@hsbc.com

Telephone: +44 207 832 8500