Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Manager - Trade Risk Market Data Management

Principal Responsibilities:

  • Work on a specific asset class/ project or stream within Market Data Management Team.
  • Execute, analyze, and report market data quality metrics for risk factors and scenario data, relevant for risk calculations.
  • Improve transparency for risk management, by working on Scenario and Market Data analysis (including the usage of proxies, models etc.), which is impacting VaR/ES (Expected Shortfall)
  • Ensuring the quality of time series data used for risk calculations and to ensure the review and remediation of market data exceptions.
  • Supporting Market Risk Managers (MRM) and other senior stake holders in understanding the risk requirements and support them.
  • Support Market Risk Analysts and other Traded Risk team on adhoc analysis of time series data and scenarios, which impacts downstream calculations.
  • Support any regulatory/internal changes to improve the risk systems or risk management framework.
  • Support internal and external audit reviews and remediation of audit findings if any.
  • Work closely with Global Risk Analytics team on improvements in risk factor/scenario generation models/logic.
  • Managing and improving various internal tools (developed using Python, Tableau. Power BI etc.), used for market data analysis and control
Requirements
  • 0-4 years of relevant work experience in Market Risk domain, preferably with an investment bank.
  • Good theoretical knowledge of Value at Risk models, market risk and a good understanding of financial instruments.
  • Good theoretical knowledge of FRTB IMA framework would be preferred.
  • Prior experience in time series & VaR analysis, FRTB IMA would be preferred.
  • Candidate should have good communication skills with a proactive approach & ability to work independently
  • Candidate should have good experience with MS Excel and have a good coding knowledge in python(preferred).
  • Experience in visualization tools like Tableau or Power BI is an added advantage.
  • Professional certification like FRM / CFA /CQF can be an added advantage.
  • Good to have experience in using vendor market data systems like Refinitiv (Reuters), Bloomberg and Markit.
  • Good to have working knowledge in tools like JIRA, Confluence, SharePoint etc

You’ll achieve more when you join HSBC.

HSBC is 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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website

 

***Issued by HSBC Electronic Data Processing (India) Private LTD***