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 62 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 Associate Director, Securities Financing and Clearing Risk
Principal responsibilities
- Enhance capability of the current model suite and create new analytical tools to support risk management decision making and tactical margining solutions for client strategies.
- Manage a range of 1st line controls that underpin the risk framework for the business.
- Support product development initiatives, particularly in relation to risk and margining of new products or markets.
- Assist with management of model governance process for risk models used within the business.
- Work on large amounts of data and build tools that will allow the business to generate new risk management insights from data, including early warning risk indicators.
- Collaborate and manage relationship with other stakeholders such as Front Office, Traded Risk, Quantitative Analytics, Model Validation, Model Risk. Counterparty Credit Risk, Product Control, Audit and off-shore teams.
Requirements
- A Markets background and an understanding of how to measure and manage the market risk of derivatives contracts, across all asset classes.
- A good understanding of counterparty risk and hedge funds in particular, with hands-on experience of managing client default situations a particular assets.
- Proven working experience in quantitative/statistical modelling and extensive data analysis skills
- Strong communication skills and experience in stakeholder management across different functions (Front office, Risk, Audit, Model Validation and Model Risk)
- Solid knowledge in Python or R, SQL and experience in dealing with market data (Bloomberg/Reuters)
- Able to manage time and balance multiple priorities effectively and understanding regulatory rules and model governance standards
You’ll achieve more at HSBC
HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”
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***