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 Traded Risk Analyst, working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

This role sits under Wholesale Credit and Market Risk function, and is part of the Global Risk Organisation.

The Traded Risk function monitors, evaluates and manages market and counterparty risks impacting across the HSBC Group. It is responsible for establishing the global risk management framework for Traded Risk, and plays a key role in ensuring that the Bank is compliant with current and future regulatory requirements relating to Traded Risks and their capitalisation. As outlined in the Enterprise Risk Management Framework, Traded Risk’s role as risk and control owner’s forms part of the First Line of Defence. Their role as risk steward’s forms part of the Second Line of Defence.

Traded Risk is committed to establishing innovative and globally standardised risk solutions to service our stakeholders.

In this role, you will:

• Partner with the Business to enable them to make appropriate risk/return decisions by providing an effective risk framework and capability
• Support, drive and embed the Bank’s broader Risk Strategy, meet our Regulatory commitments, and protect the capital of the Bank
• Adhere to an agreed set of risk policies and activities, whilst in parallel providing bespoke solutions and ad hoc responses to regulatory and stakeholder demands
• Embed a Global Operating Model, supported by standardised models, processes, governance and infrastructure
• Ensure consistent and transparent reporting lines, providing ownership and accountability across the Global Operating Model
• Provide a challenging and dynamic environment to attract, retain and grow our talent
• Empower our data providers to succeed through an effective control framework and regular engagement, to optimise performance
• Establish a globally centralised Transformation capability to deliver robust risk solutions that meet both our internal and regulatory requirements

Requirements

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

• University graduate in finance, computer science or any other quantitative related degrees
• Good knowledge of financial markets, trading business, market risk measures
• Understanding of key risk factors for products, risk sensitivities and how they are measured
• Good knowledge of risk calculations, VaR Backtesting, IRC, Volcker, RWA reporting and regulatory framework
• Knowledge of Microsoft Office and software development tools (VBA, Python, etc.)
• Strong eagerness to learn and grow along with the capacity to work collaboratively as a team
• CFA or FRM qualification
• Experience with analytical reporting, e.g. explanation of a transformation by decomposition

You’ll achieve more when you join HSBC. 

https://mycareer.hsbc.com/external

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.

Issued by The Hongkong and Shanghai Banking Corporation Limited.

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.