Job description

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.

Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals’ partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions.

We are currently seeking an ambitious individual to join our team as an Internal Liquidity Model (ILM) Development Manager, working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

The role sits within the Global Treasury, Liquidity team which is responsible for safeguarding and optimising the Group’s balance sheet and ensuring the Group’s entities adhere to the liquidity risk management framework. The purpose of this role is to support the Treasury Liquidity Risk team in the enhancement of the internal liquidity framework by creating new methodologies to model the Group’s main liquidity risk drivers.

The role holder will be required to identify areas of improvement within the current liquidity risk driver methodologies and develop enhancements, or new models, that will be deployed across the Group. This will require knowledge of regional risk nuances whilst ensuring new approaches are considerate of the group’s strategy and in compliance with all internal and regulatory governance requirements.

In this role, you will:

• Review existing approaches to liquidity risk modelling across the group and research industry practises
• Work closely with business lines, regional liquidity teams, Markets Treasury and MSS teams to gain insight on the new attributes that would support liquidity risk driver modelling
• Collate results of research and propose modeling methods that provides a central modeling approach with and entity level calibrations
• Perform data analysis to and validate new methodologies
• Develop proof of concept models and monitor results for key sites
• Perform assessments on the liquidity buffer impact of any new proposed methodologies
• Work with technology teams to implement new models into the group’s central systems
• Support the updates of liquidity procedures to reflect new modelling approaches
• Support the Liquidity governance associated with model development including the model risk management lifecycle, Treasury Risk Management and entity governance when needed
• Explain new methodologies to colleagues when required and ensure effective sharing of information and best practices across Global Treasury

Requirements

To be successful in the role, you should meet the following requirements:

• Strong knowledge of Liquidity risk measurement and management beyond regulatory prescribed principles
• Understanding appropriate areas of key liquidity measures as per the Group Framework (ILM, LCR, NSFR, PRA110, and other secondary monitoring metrics), Bank financial systems, related business areas, products and their strategic drivers
• Ability to work independently, manage offshore resources and influence key stakeholders to ensure there is alignment on the delivery of key initiatives
• Requires agility, as well as the ability to work with ambiguity and to quickly assess and prioritise
• High knowledge of the regulatory landscape with experience of regulator interaction
• In depth understanding of HSBC group structure and product range and excellent understanding of the HSBC Group operational structure and its global businesses and functions
• Well-developed capacity to process high volumes of complex information and synthesise key themes and issues
• Very strong interpersonal and communication skills, with highly developed capacity to influence other stakeholders
• Proven experience working across business, regional and country dynamics. Understands how conflicts can be managed to deliver assigned tasks
• Strategic thinker with deep knowledge of the financial services industry and global market place, who is used to applying product and industry knowledge to individual contributor work
• Resilient. Able to manage self and others with diverse perspectives to deliver to tight deadlines
• Culturally aware and likely to have exhibited such by delivering strong results, cross border and ideally across a number of business and product disciplines
• Excellent time management, planning and organisation skills, with the ability to understand the scope of dependencies across the Group
• Combination of regulator -facing and business operations/programme leadership skill set preferred, including experience of managing projects, but not essential

You’ll achieve more when you join HSBC. 

https://mycareer.hsbc.com/external

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As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.