manager - tr stress testing

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 Manager – Traded Risk Stress Testing

Role Context / Responsibilities

• The role involves engaging and reporting to GHQ sites.
• This role sits in (i) Wholesale Credit and Market Risk (Group), (ii) Traded Risk team, (iii) Stress Testing team. 
• This role sits at group level and covers a large scope of risks, stakeholders and geographies. This is why the ability to prioritise tasks efficiently is a key skill.  
• This position acts as subject matter expert on Stress Testing and must meet expectations of high standards for delivery to senior management and regulators.
• Management and monitoring of stress testing scenarios for Market risk and Counterparty credit risk.
• Evaluating risk factors with a view of global economic perspective.
• Support to Regulatory stress testing teams to update systems, EUCs and delivery change as per the requirements.
• Very good knowledge and working experience of analysing financial risk products and their movements.
• Analysis and reporting of Risk calculations to Risk Managers, Senior Management and Regulators
• Management of market data and generation of risk model parameters such as VaR, PFE, EEPE
• Review, validate and improve risk models & reporting tools.
• Develop understanding of the existent Risk Systems and work with various stakeholders in order to improve the working of the systems.
• Take initiatives to develop innovative solutions in order to address ad-hoc requests from senior management on stress scenario results. Lead the development of ad-hoc tools and prototypes;
• Collation of Risk related MI and preparation of Stress Testing and Reverse stress testing governance committee packs
• Work with global business and regional businesses to improve existing models, write requirements for new models and conduct UAT to ensure that implementations meet regulatory and business requirements;

Requirements :

• Good knowledge in VBA-Excel, VBA-MS Access & PPT is a must
• Proficient in SQL, Python & Tableau
• Good knowledge of financial products in market
• Experience in using terminals like Bloomberg & Reuters
• Strong understanding of market risk and counterparty risk concepts
• Experience in Risk Reporting
• Previous stress testing experience (preferable)
• Experience in project management with knowledge in agile methodology is a plus
• 4 - 7 years' experience in financial services
• Masters in Finance/Econometrics/Quants or MBA from reputed B-school
• CFA/FRM/PRM will be preferred

You'll achieve more at HSBC

HSBC 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."

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