AVP Traded Risk

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 62 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 Assistant Vice President Traded RiskPrincipal responsibilitiesLead FRTB IMA implementation within Market Data Management. Support the RFET and NMRF testing initiatives.Analysis and explanation of scenarios which include the use of Mapping and Proxy Services (MAPS)Liaise with Global Risk Analytics and Front Office teams to understand the new models developed for FRTB IMAImprove transparency for risk management, by showcasing expertise on Scenario and Market Data analysis (including the usage of proxies, models etc.), which is impacting VaR/ES (Expected Shortfall)Ensuring the quality of time series data used for risk calculations and to ensure the review and remediation of market data exceptions. Develop functional knowledge within the team and ensure appropriate controls are in placeWork closely with Market Risk Managers (MRM) and other senior stake holders in understanding the risk requirements and support them.Manage/support internal and external audit reviews and remediation of audit findings if any.Managing and improving various internal tools (developed using Python, Tableau. Power BI etc.), used for market data analysis and control.Review market data quality metrics for risk factors and scenario data, relevant for risk calculations. Automation of processes and controls to help in reduction of operational risks.Requirements :At least 7+ years of work experience in Market Risk domain preferably with an investment bankCandidate should have a good knowledge of Value at Risk models, market risk and a good understanding of financial instruments.Prior experience in time series & VaR analysis would be preferred. Prior experience in FRTB IMA would be preferred.Good communication skills with a proactive approach & ability to work independently.Proficiency in Microsoft Excel and experience in python (or any other coding language) is preferred.Professional certification like FRM / CFA /CQF can be an added advantage.Ability to work cross culturally with a strong collaborative and inclusive mindset, and committed to equal employment opportunitiesAbility to drive performance under pressure and tight timelines. Ability to learn within a dedicated span of training time and transfer knowledge appropriately.Ability to respond on a timely manner to ad hoc risk enquiries, and ensures data quality by identifying potential issues and proactively escalating itYou'll achieve more at HSBCHSBC 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***