AVP - F2BDC Central Control Services

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 AVP - F2BDC, Central Control Services - COLL RECS & DISPUTE MGMT.

Principal 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 of BCBS 239 principles.
• Publishing and analyzing daily control reports for each asset class (EQ, FX & FI) 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 SA and IMA for FRTB reporting requirement on VAULT.
• Using Agile methodology, raising Jiras to IT, performing UATs for all controls implemented.
• Providing key highlights to consumers in daily handshake calls.
• Understanding of financial instruments and their key risk and valuation measures such as PVBP, CS01, VAR, MTM, PV etc.
• Responsible for executing controls and performing L1 investigation for exceptions as detailed below:
• Risk Data quality checks and controls on sources/ inputs - PTS, Pricing engine and Vault Data
• Coordinating with Front office IT and Quants team to achieve strategic fix on pricing exceptions
• Reference Data Quality Controls on static data for external and internal golden source such - GRDS, HMS, XBH, XDS, BBG, Reuters etc.
  

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.

Requirements

• A degree / qualification in finance, accountancy, business management or previous experience in risk management, product control, data analysis or quantitative scourses. CFA/ FRM/CQF/PRM is preferred (not mandatory).
• Good understanding of financial products, risk management principles, risk & valuation measures (i.e. PVBP, VaR & other Sensitivities) 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 & Python would be an advantage), Word and Powerpoint.
• Ability to work cross culturally with a strong collaborative and inclusive mindset, and committed to equal employment opportunities
• Ability to drive performance under pressure and tight timelines
• Ability to respond on a timely manner to ad hoc risk enquiries, and ensures data quality by identifying potential issues and proactively escalating it
• Ability to learn within a dedicated span of training time and transfer knowledge appropriately
• Flexibility to work shifts
• Team Player
• Self-motivated, excellent communication skills, adaptability
• Strategic thinker, planner and a good listener
  
  

You’ll achieve more when you join 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***

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