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Trade & Finance Control Manager - Collateral Services

ExperiencedNo visa sponsorship
HSBC logo

at HSBC

Other

Posted 13 days ago

No clicks

**Trade & Finance Control Manager - Collateral Services** Oversee end-to-end risk and valuation data integrity for diverse consumers, including Traded Risk, Finance, and Collateral. Implement the future state architectural system (VAULT) aligned with BCBS 239 principles. Publish daily control reports and act as product owner for VAULT in scrum calls. Onboard new risk measures for Fundamental Review of the Trading Book (FRTB) and collaborate with feed providers to ensure timely, accurate data. Lead and develop team members, providing coaching and mentoring. Key requirements include degree in finance/business, proficiency in risk management principles, high-level Excel skills, and understanding of market risk measures (e.g., PVBP, VaR).

Compensation
Not specified

Currency: Not specified

City
Not specified
Country
Not specified

Full Job Description

Some careers shine brighter than others.

If youre looking for a career where you can make a real impression, join HSBC and discover how valued youll be. HSBC is one of the largest banking and financial services organizations 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 realize their ambitions. We are currently seeking an experienced professional to join our team in the role of Trade & Finance Control Manager - Collateral Services.

Job Responsibilities:

Ensuring the end-to-end integrity of Risk and Valuation Data by executing enhanced controls for the data to be readily consumed by all consumers including Traded Risk, Finance, Collateral etc.

  • Implementing Future state architectural system (VAULT) for centralized control in the bank in accordance with Basel Committee on Banking Supervision BCBS 239 principles.
  • Publishing and analyzing daily control reports for each asset class (Equity, Foreign Exchange & Fixed Income) for materiality of risk impact
  • Acting as product owner for VAULT in various scrum calls with Quants, IT, Finance and risk to provide necessary control requirement.
  • Onboarding of new risk measures as per Standardised Approach (SA) and Internal Models Approach (IMA) for Fundamental Review of the Trading Book (FRTB) reporting requirement on VAULT
  • Liaises with feed providers to ensure the timeliness, accuracy and completeness of inputs for reporting. This includes prompt escalation of delays and incomplete data for proper workaround and/or resolution
  • Providing oversight and direction to the direct reporting line to achieve team objectives and goals.
  • Coaching, mentoring, and developing staff, including overseeing new employees onboard and providing career development planning and opportunities.
  • As a Subject Matter Expert (SME), the role requires to be able to effectively assist on production issues raised by Analysts and proactively coordinate for any production-related requirements.

Job Requirements:

  • A degree / qualification in finance, accountancy, business management, quantitative course or previous experience in risk management or product control.
  • Good understanding of financial products, risk management principles, market risk measures (i.e. PVBP, VaR) and systems
  • High level of competency in the production of information, and the ability to process, analyze and interpret market risk reports
  • High proficiency in Excel (VBA skill would be an advantage), Word and Powerpoint. Average proficiency in MS Access.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritized.

Youll 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.

Trade & Finance Control Manager - Collateral Services

Compensation

Not specified

City: Not specified

Country: Not specified

HSBC logo
Other

13 days ago

No clicks

at HSBC

ExperiencedNo visa sponsorship

**Trade & Finance Control Manager - Collateral Services** Oversee end-to-end risk and valuation data integrity for diverse consumers, including Traded Risk, Finance, and Collateral. Implement the future state architectural system (VAULT) aligned with BCBS 239 principles. Publish daily control reports and act as product owner for VAULT in scrum calls. Onboard new risk measures for Fundamental Review of the Trading Book (FRTB) and collaborate with feed providers to ensure timely, accurate data. Lead and develop team members, providing coaching and mentoring. Key requirements include degree in finance/business, proficiency in risk management principles, high-level Excel skills, and understanding of market risk measures (e.g., PVBP, VaR).

Full Job Description

Some careers shine brighter than others.

If youre looking for a career where you can make a real impression, join HSBC and discover how valued youll be. HSBC is one of the largest banking and financial services organizations 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 realize their ambitions. We are currently seeking an experienced professional to join our team in the role of Trade & Finance Control Manager - Collateral Services.

Job Responsibilities:

Ensuring the end-to-end integrity of Risk and Valuation Data by executing enhanced controls for the data to be readily consumed by all consumers including Traded Risk, Finance, Collateral etc.

  • Implementing Future state architectural system (VAULT) for centralized control in the bank in accordance with Basel Committee on Banking Supervision BCBS 239 principles.
  • Publishing and analyzing daily control reports for each asset class (Equity, Foreign Exchange & Fixed Income) for materiality of risk impact
  • Acting as product owner for VAULT in various scrum calls with Quants, IT, Finance and risk to provide necessary control requirement.
  • Onboarding of new risk measures as per Standardised Approach (SA) and Internal Models Approach (IMA) for Fundamental Review of the Trading Book (FRTB) reporting requirement on VAULT
  • Liaises with feed providers to ensure the timeliness, accuracy and completeness of inputs for reporting. This includes prompt escalation of delays and incomplete data for proper workaround and/or resolution
  • Providing oversight and direction to the direct reporting line to achieve team objectives and goals.
  • Coaching, mentoring, and developing staff, including overseeing new employees onboard and providing career development planning and opportunities.
  • As a Subject Matter Expert (SME), the role requires to be able to effectively assist on production issues raised by Analysts and proactively coordinate for any production-related requirements.

Job Requirements:

  • A degree / qualification in finance, accountancy, business management, quantitative course or previous experience in risk management or product control.
  • Good understanding of financial products, risk management principles, market risk measures (i.e. PVBP, VaR) and systems
  • High level of competency in the production of information, and the ability to process, analyze and interpret market risk reports
  • High proficiency in Excel (VBA skill would be an advantage), Word and Powerpoint. Average proficiency in MS Access.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritized.

Youll 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.