Traded Risk Manager London, England
Job description
Some careers open more doors than others.
Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.
The Traded Risk Manager will be part of the Global Traded Risk team responsible for oversight of counterparty credit risk (CCR), CCP risk, financing risk and Credit Contingent Market Risk (CCMR). This role will report into the Head of Collateral and CCP Risk.
HSBC’s Global Risk function 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.
We are currently seeking an experienced individual to join this team in the role of Traded Risk Manager.
In this role, you will:
- Developing and running portfolio assessments to capture concentration and liquidity risk across both fixed income and equity financing products.
- Managing the financing haircut & collateral tier review forum – liaising with Front Office Sales and Trading on market trends and emerging developments.
- Ongoing risk weight calibration of HSBC’s counterparty risk financing framework (Cat F) covering fixed income and equity financing products
- Running and enhancing HSBC’s Fixed Income financing ICAAP – utilising the Illiquid & Concentrated Risk (ICR) model to calculate pillar 2 capital adjustments.
- Support the setting of risk appetite via the Portfolio Financing Framework and related policies
- Support the growth of the Securities Financing business by continuing to develop and improve second line oversight.
To be successful in this role you should meet the following requirements:
- Robust knowledge of Global Markets asset classes, rates, foreign exchange, equities, credit.
- Previous experience of financing risk is preferable with focus on technical knowledge of financing products, collateral, and risk mitigation techniques.
- Strong analytical background and proven ability in analytical rigor, including being able to contextualise data into business activities and conclusions
- Influential skills to drive and steer necessary risk changes to meet expectations.
The base location for this role is 8 Canada Square, London, Hybrid working.
You’ll achieve more when you join HSBC.
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
