
at HSBC
OtherPosted 7 days ago
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**Senior Valuations Manager - Hong Kong** Manage Hong Kong's Valuations team, ensuring governance, and driving continuous improvement. Key responsibilities include: - **Governance & Controls**: Oversight of Fair Value Adjustments, Independent Price Verification, and Prudent Valuation Adjustment. - **Stakeholder Interaction**: Act as primary contact for Trading teams, Front Office, Traded Risk, Operations, IT, and other global Finance teams. - **Methodology Evolution**: Lead development and enhancement of valuation methodologies, staying informed about industry trends. - **Compliance & Standards**: Maintain HSBC internal controls and ensure compliance with all internal and external rules and regulations. Requirements: - **Finance/Consulting Background**: Proven experience in Financial or Professional Services. - **Product Control Experience**: Specific experience in Product Control, Risk, or Valuations is necessary. - **Technical Expertise**: Strong IT skills, preferably with Python and MS Excel. Experience driving change using tools like Alteryx, Python, AI/ML. - **Leadership & Communication**: Outstanding communication skills, team management experience, and ability to manage projects across multiple locations. - **Analytical Skills & Relationship Building**: Strong analytical skills and experience building relationships with multi-level stakeholders. Finance qualifications (ACA, ACCA, CA, CFA, FRM) and understanding of regulatory requirements are advantages.
- Compensation
- Not specified
- City
- Hong Kong
- Country
- Hong Kong
Currency: Not specified
Full Job Description
We are seeking an experienced high calibre professional to join our team as a Senior Valuations Manager based in Hong Kong.
In this role, you will:
- People management: Local management and training, close interaction and engagement with Valuations team across locations
- Governance and Controls: Ensure adherence to governance and controls of Fair Value through the review and oversight of Fair Value Adjustments (FVA), Independent Price Verification (IPV), and Prudent Valuation Adjustment (PVA).
- Stakeholder Engagement: Act as a key contact point for the Trading team and other stakeholders, including Front Office, Traded Risk, Operations, IT, and other PC and Finance teams (both locally and globally).
- Valuation Methodology: Lead and participate in the development and enhancement of valuation methodologies, ensuring global alignment and staying informed about industry developments.
- Continuous Improvement: Promote continuous improvement by increasing efficiency and controls through procedural and system changes, and lead transformation initiatives within Product Control.
- Compliance and Standards: Maintain HSBC internal control standards and ensure compliance with all relevant internal and external rules, regulations, and procedures, including timely implementation of audit points.
To be successful you will need:
- Finance or Consulting Background: Demonstrable experience within Financial or Professional Services.
- Professional Experience: Specific experience in Product Control, Risk, or Valuations is necessary. Demonstrable experience in Product Control and knowledge of products,
- accounting, valuations, controls, systems, models, and markets is essential. Experience with more than one asset class is an advantage. Finance qualification (ACA, ACCA, CA, CFA, or FRM) is an advantage.
- Regulatory Knowledge: A good understanding and appreciation of regulatory requirements and guidelines for valuation is important.
- Methodology Development: Experience in developing methodology and shaping policy for Independent Price Verification (IPV) and Fair Value Adjustments (FVAs) is a distinct advantage.
- Technical Skills: Strong IT skills are preferred, including experience with Python and MS Excel. Track record of driving change and automation using available tools such as Alteryx, Python, AI / ML etc
- Communication Skills: Outstanding communication and interpersonal skills are crucial, including the ability to articulate key valuation issues to senior stakeholders in a non-technical manner.
- Project and Team Management: Experience in leading projects to delivery and managing a team, especially across multiple locations, is beneficial.
- Analytical Skills: Strong analytical skills and a proactive approach to problem-solving are required.
- Relationship Building: Experience in building and maintaining strong relationships with stakeholders at all levels of seniority is important.
- Collaborative Partnerships: Ability to establish and maintain strong collaborative partnerships across HSBC is essential.




