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.

Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward looking analysis, accuracy, efficiency, and control to frame and influence business decisions.

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

We are currently seeking an expert individual to join this team in the role of Credit Valuation Controller.

The Global Valuations and Analytics Group is part of Global Product Control and undertakes four main activities: Valuations, Global Valuation Reporting, Quantitative Analysis and Quantitative Infrastructure Development. Valuation activity covers Independent Price Verification (IPV), Fair Value Adjustments (FVA), Prudent Valuation Adjustments (PVA) and Fair Value Hierarchy (FVH) processes.  

In this role, you will:

•    Collaborate within the Credit Valuations team, reporting into the Global Methodology Lead for Structured Credit Valuations. In addition, you will be an SME with responsibilities split across the Global Private Credit and ABS businesses for FVA, PVA and FVH processes.
•    For the Private Credit business, the focus will be on the secondary loan trading, distressed credit, and private equities portfolios. In addition to the standard processes, it will require in depth analysis and bespoke valuations at trade/position level for FVA and PVA. An understanding of credit and private equity valuation techniques would be an advantage and the ability to discuss these techniques with the trading desk in detail. 
•    The ABS business trade a number of ABS related products through the secondary market, the role will support both the Flow and Legacy business for FVA and PVA.
•    You will have to balance independent working, and appropriate escalation to management. The role holder will need to independently drive conversations on valuation with key stakeholders across the Front Office, Risk, Quants and within Valuations and Analytics. The Credit Valuations team operates as a global team, so the role holder will need to ensure appropriate engagement with colleagues in other regions, in order to deliver efficiently and consistently.

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

•    Qualified Accountant (ACA, ACCA, CIMA, CA or equivalent) or qualified by experience.
•    Demonstrable experience of Product Control Valuations processes and proven experience of managing Product Control, Valuations or Financial Process based activities.
•    Experience of Distressed Credit and Private Equity valuations will be an advantage.
•    Market derivative experience within the Credit asset class.
•    Thorough understanding of accounting requirements for Valuation activity in Global Markets.
•    Knowledge and appreciation of Regulatory requirements and guidelines for Valuation activity.
•    Experience of building and maintaining strong relationships with stakeholders (at all levels of seniority).

The base location for this role is London and with a hybrid working pattern.

Continue to grow with our internal opportunities.

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.

You can find out more about the recruitment journey and what to expect by viewing our Recruitment Process FAQs in HR Direct and by clicking here (only available via internal access).