At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger! We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.
Here in France, you’ll help evolve and grow our business. Are you a self-motivated strategic thinker with solution-oriented attitude? Do you have strong analytical skills and significant experience in IRRBB. Do you enjoy working in an international team solving and communicating complex issues to a wide range of stakeholders ? If you answered yes to any of these questions, we want to hear from you!
What you will do:
The role Senior Manager IRRBB offers the successful candidate an opportunity to work in a team supporting the Treasury function in delivering high-quality reports on IRRBB to the regulator, in being a trusted partner to the HBCE businesses in managing IRRBB, and to implement HSBC’s IRRBB framework and strategy. The IRRBB strategy focuses on NII stabilization whilst reducing core capital sensitivity and result in further improvements in risk monitoring and management.
In this role you will:
- Working within the HBCE ALCM IRRBB team, reporting to the HBCE Head of IRRBB, the role holder will provide support on all methodology, procedures, and governance related activities, helping to shape and drive the implementation of the new IRRBB strategy by providing day-to-day business leadership, harnessing support from Regional and Global Treasury colleagues.
- The role holder will combine strong subject matter expertise in IRRBB topics, together with good experience and understanding of structuring and driving large scale strategy implementation to meet business objectives.
- Providing support to the Head of IRRBB to enable measured and informed decisions around the required trade off in entity financial resources to achieve the desired level of NII stabilization.
- Working collaboratively with colleagues within the regional and group Treasury Function to define a consistent and comprehensive IRRBB strategy, governance, and steering approach.
- Supporting the implementation of the new IRRBB strategy, and governance framework, defining IRRBB risk appetite and be responsible for regulatory interpretation and engagement.
- Supporting activities to improve the measurement and management of all material IRRBB risks and propose IRRBB risk appetite.
Apply if you feel you match these skills.
• Degree level education preferably with a professional qualification and with substantial experience (ideally 5 years+) in a Treasury business environment.
• Experience with relevant IRRBB systems, data and modelling infrastructure as well as product knowledge with emphasis on banking book products, structural hedging frameworks and associated and metrics (NII, EVE etc) would be helpful
• Understanding of broader treasury operations and banking issues – Liquidity, funding and cash management, capital, transfer pricing would be helpful.
• Good understanding of financial models, with experience of analysing data effectively for stress testing, forecasting, and reporting would be helpful.
• Proven experience and ability in resolving complex issues; strong communication and inter-personal skills;
• Ability to communicate in an effective and professional manner with senior management.
• Understands and embraces the need for diverse and inclusive cultures, reflecting the profile of our internal and external stakeholder community.
• Inspires and delivers high performance in respect of implementation of change, articulation of business impact and engagement of stakeholders, within a complex matrix structure.
• Clear communicator of complex issues across a wide range of diverse stakeholders - across geography, discipline and the governance chain.
• Strong team player with refined interpersonal skills – flexible in working and interpersonal style; connect with others across reporting lines, across functions, across markets.
• Strategic thinker with strong analytical and project management skills.
• Excellent team player with proactive and self-motivated attitude and ability to think and act independently.
Even if you feel you do not fit 100% of our qualifications, we encourage you to not let this hold you back from applying if you believe this is the role for you.
What you’ll get in return:
A unique and flexible working environment:
- Advantageous remote working agreement
- Diversity and Inclusion is at the heart of our business: joining HSBC will give you the opportunity to work in a collegiate and supportive environment
- You’ll be able to join our Employee Resource Groups that bring together colleagues with shared characteristics and common interests
- Usual local benefits (refund of transport fees at 50%, 5 weeks of paid vacation + RTT)
- Family events days off, additional maternity or breastfeeding leave, advantageous paternity leave, parental presence or dependency support leave (for child or parent with disability)
- A Time Savings Account to monetize your untaken off days (CET)
- Partial reimbursement of childcare costs
- Various bonus (birth bonus, back-to-school bonus for your children up to 25, parental bonus)
- An allowance for parents of children with disabilities
- Possibility to work part-time
- A company savings plan and a savings plan for collective retirement
- Meal voucher card or corporate restaurant depending on your place of employment
- Mutual insurance for you and your family, and a pension contract to protect your loved ones
- A loyalty bonus and a long-service medal rewarding seniority
- Holiday vouchers based on your reference tax income
- CESUs (for tax purposes) if you are disabled or if you have a disabled child, spouse or parent
- A Work Council which offers, among other things, ticketing, travel, sports, legal aid, etc.
- Access to our Degreed platform (learning platform above all, that you can use to discover learning content, develop skills, and successfully meet new business challenges)
- We’ll help you progress your career, including access to development programs, mentoring and coaching, as well as world-class training through HSBC University
- We’ll give you access to resources that support your mental, physical, and social well-being
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 - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.
If you have a need that requires accommodations or changes during the recruitment process, please let us know.
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For further information on building your career at HSBC, please visit: www.hsbc.com/careers.