Structural Foreign Exchange Risk Manager London, England
Job description
Discover a role that really opens doors.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Our Global Risk function, led by the Group Chief Risk Officer, oversees a comprehensive risk management framework that is applied throughout the Group. We focus on creating an environment that encourages our people to speak up and do the right thing. This responsibility includes establishing global policy, monitoring risk profiles, and identifying and managing forward-looking risk. Global Risk is made up of sub-functions covering all risks to our business.
This is a senior role reporting directly into the Global Head of Capital Risk. The selected candidate will be responsible for providing independent risk oversight of capital risk management, measurement, and reporting. This role requires a deep understanding of capital risk, Treasury and SFX (Structural Foreign Exchange), in terms of both first-hand management and the reporting of capital risks. The candidate is expected to have a strong understanding of best practice and regulatory expectations for capital risk management.
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
We are seeking an experienced Structural Foreign Exchange Risk Manager to join our growing capital team in London.
In this role, you will:
- The role holder will be responsible for providing independent oversight of Capital risk management for the Group.
- The role requires the candidate to focus on the oversight of the Group Structural Foreign Exchange (SFX) management.
- The role requires in depth knowledge of best practices and regulatory expectation for SFX management and the wider treasury risk management.
- The role holder will support the maintenance and ongoing development of the SFX Policy and ensuring it is effectively implemented across the Group and supporting regions.
- The role holder will review and challenge the Group hedging strategy and proposed limits.
- The role holder will work with first line Treasury teams and regional Capital risk colleagues to provide oversight on limit monitoring of currency hedging activity
- Experience of capital risk and/or SFX risk in either the first or second line of defense
- Strong working knowledge of hedge accounting and FX products.
- Experience of managing or providing oversight on regulatory capital metrics
- Strong knowledge and experience of assessing, measuring and monitoring balance sheets, income statements, regulatory capital composition and risk weighted assets (RWA).
- Exposure to demanding operational environments to gain insight into effective risk management applications.
- Exposure to working across all levels of an organisation to understand cross-functional linkages and interdependencies, as well as the implications of risk at both a strategic level and at the business unit level.
You will be required to work form our HSBC London Head office in Canary Wharf 2-3 days per week.
You’ll achieve more when you join HSBC.
At HSBC we look to enable our employees to better balance their work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, and working from home and staggered hours. If in considering a role with HSBC you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.
We believe that being open to a range of perspectives and cultures is vital for our business. We work hard to ensure our diverse and inclusive workplace reflects the communities we serve. We want everyone to achieve their potential – regardless of their gender, ethnicity, disability, religion, sexual orientation or age. If you have a different way of seeing the world, we are interested in hearing from you.
HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role. If you would like to receive any information in a different way or would like us to do anything differently to help you
