Job Advert Details
Some careers shine brighter than others.
If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential. 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.
Your career opportunity
We have a unique opportunity for you to join our team and lead recruitment delivery for our business units. From finance to banking operations to risk analytics to change management. Your role is to be a trusted recruitment partner to your stakeholders and supportive leor the team of recruiters. We deliver over 2000 hires annually and this is your chance to help us do it faster and better. Your expertise will also help us shape our employer brand and attract top candidates on the market.
Global Markets Product Control is a division of Global Banking and Markets Finance responsible for the production and independent validation of Global Markets' profit and loss and balance sheet. In this regard, Product Control will ensure, inter alia, that accounting policies are correctly and consistently applied, and that Trading portfolios are appropriately valued. The daily process involves daily & monthly P&L and Balance Sheet reconciliations and substantiation as well as reporting activities and close engagement with various senior stakeholders in Product control, IT, Operations, Change and Business to meet business requirements as they may arise.
As part of the GFOC, perform P&L Production, analysis and review, Balance Sheet substantiation and month-end reporting processes for the London trading business. Core PC teams are responsible for ensuring the accurate reporting and validation of P&L and calculation of adjustments for P&L attribution and reporting purposes along with exercising trading controls. This includes engagement with traders to get an agreement on P&L and sign-offs while exercising financial controls understanding trading portfolio, trading activity, market movements (or lack of) and other factors. This process, consequently, has two primary elements, a production element, and a review/investigation element.
Main Duties :
- Supervise the end to end P&L review & analysis and Cancel & Amend process for the businesses under supervision and various trading sub business units within the Global Markets business;
- Be Responsible and assist in the production of
- P&L production, analysis and review;
- Cancel and Amends;
- Month-end True ups, Reserves and FVA adjustments;
- Balance Sheet Substantiation and reporting.
- Engagement within Product Control teams to ensure that the valuation conclusions are accurately reflected in the books and that the communication with the business is seamless and consistent.
- Keep up to date with any core Product Control production issues.
- Ensure that the governance and controls of fair value is adhered to.
- Ensure Product Control FIM requirements and other applicable accounting / regulatory standards are met. Liaise with Internal/External audit and regulators where necessary.
- Work to ensure consistency in policies/standards across sites/teams and implement strategies to improve consistency where it is not already in place.
- Identify, communicate and drive resolution of issues; whether people, process or system.
- Maintain focus on process optimisation and identify opportunities to enhance cost efficiency where possible (e.g. automation, outsourcing, centralisation etc).
Requirements:
- University graduate from a reputed institution in financial or economic subject or university graduate in Mathematics, Physics, Engineering or similar.
- Prior experience in working within Financial Markets or a Treasury department
- Excellent written English and oral communication skills
- Good understanding of Financial Markets (products traded and their life cycle, accounting principles and valuation techniques)
- Excellent analytical skills and a proactive approach to problem solving
- Excellent interpersonal skills
- Ambitious, driven and enthusiastic
- Valuation/Product Control experience is strongly preferred
- Advanced MS Excel, MS Access and VBA is an advantage
What we offer
- Competitive salary
- Annual performance-based bonus
- Additional bonuses for recognition awards
- Multisport card
- Private medical care
- Life insurance
- Corporate parties & events
- CSR initiatives
- Nursery and kindergarten discounts
- Language classes
- Financial support with trainings and education
- Social fund
- Flexible working hours
- Free parking
We are looking to hire as soon as possible so don’t wait and apply now!
You'll achieve more when you join HSBC.
We thank all interested candidates for their applications. We reserve the right to contact only selected candidates.
In case you would like to resign from participation in recruitment process or withdraw previously sent to us application, please email us at: krakow.recruitment@hsbc.com
Nom du recruteur
Ilenia Guglielmucci
Courriel de recruteur
ilenia.guglielmucci@hsbc.com