Sme - Traded Risk Analysis - Bengaluru, Karnataka, India - HSBC

HSBC

Verified Company

Bengaluru, Karnataka, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job description

Some Careers grow faster 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 organizations in the world, with operations in 64 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 realize their ambitions.

We are currently seeking an experienced professional to join our team in the role of
SME - Traded Risk Analysis

Department Overview

TTRM Team composition:

Stress Testing
Aggregation
Market Data Management (MDM)
Market Risk Data Services (MRDS)

These teams form part of the TTRM setup, that ensure functional consistency and delivery across all work streams and support a number of Traded and/or Market Risk Functions/Teams across the HSBC Group

Locations:
Manila, Bangalore Regional

Locations:
Hong Kong, London, Paris, New York

Activities undertaken include, but not limited to:

Management and monitoring of counterparty and market risk limits in trading and aggregation systems
Analysis and reporting of market risk calculations to traders, risk managers, senior management and regulators
Management of market data and generation of risk model parameters such as VaR, PFE, EEPE
Analysis and rating of country risk where HSBC has any exposure
Review, validation and improvement of risk calculation and management models
Collation of Risk related MI and preparation of Stress Testing and Back testing governance committee packs

What you'll do:

Ensures the integrity of Common Data from Primary Trading Systems, Traded Risk Systems and Vault consumed by multiple downstream consumers

Responsible for monitoring and executing controls and L1 Exceptions as detailed below:

Data quality checks and controls on consumers' original sources/ inputs
PTS, Traded Risk Systems, Vault Data
Reference Data Quality Controls
GRDS, HMS, Client, Common Mapping
Reconciliations between Data Sources or/with Consumer Inputs
Static Maintenance in Consumers system not using Golden Source (Counterparty Information in LEM,)
L1

Exception Management:
MR Data Quality Control : Feed Completeness/Accuracy/Exceptions Monitoring/GRDS Checks/PI Monitoring MR Reconciliations MR Adjustments

Liaises with feed providers to ensure the timeliness, accuracy and completeness of inputs for reporting. This includes prompt escalation of delays and incomplete data for proper workaround and/or resolution.

Responsible for monitoring and executing controls as detailed below:

1) Static Maintenance in systems specific to Consumers (Market Risk Limits,)
2) Controls when oversight is owned outside DaRR (ex. EOD Limit Monitoring)
3)

L2

Exception Management:
MR KPI/KRI for Traded Risk Business Control Committee (BCC) MR Reporting (Limit Monitoring, Excess)

Ensures complete, accurate, quality and timely reports sent to stakeholders, with proper adherence to Service Level Agreements (SLAs)
Liaises with Regional MRAs and MRMs for any functional requirements
Where applicable, coordinates with MRAs and MRMs for any regulatory requirements

Requirements

A degree / qualification in Finance, Accountancy, Business Management or previous experience in Risk Management (Market Risk) or quantitative courses with experience in 56 yrs
Strong foundation in risk management principles, understanding of market risk measures (i.e. PVBP, VaR) and systems
High level of competency in the production of information, and the ability to process, analyze and interpret market risk reports
High proficiency in Excel (VBA skill would be an advantage), Word and PowerPoint. Average proficiency in MS Access.
Experience in Python is good to have

You'll achieve more at HSBC
**Issued By HSBC Electronic Data Processing (India) Private LTD