VP Traded Risk

Job title:VP Traded Risk

• As part of the Fundamental Review of the Trading Book regulation, the firm needs to work on a large-scale regulatory application document.
• To help facilitate this challenging task, we are looking for an enthusiast candidate willing to make the difference, leveraging breakthrough technologies. The ideal candidate will have a blend of expertise in product coding and in financial markets.

In this role, you will:

Principal Accountabilities

• Support the Global head of regulatory and capital implementation.Provide guidance and input into the IMA application for submission to the regulator.
• Supervise and provide guidance in the phase of writing application documents such that they are deemed fit for purpose by the stakeholders. The requirements need to be comprehensive and cover all the aspects of the new capital calculation.Be able to leverage data science and technology to support the application.
• Liaise with stakeholders in Traded Risk such that FRTB deliveries is in line with the expectations from stakeholders.Liaise with stakeholders from FRTB Programme such that issues are timely escalated and a path to resolution is found.
• No adverse regulatory or internal audit feedback on the operational readiness stream. Control process is in line with internal and external regulation (PRA, SOx, KPMG, etc.)Successful application to the regulators of the new capital model
• Stakeholder manegement with Market Risk Management and analysts,Front Office Desks across all asset classes,Regulatory & Risk Analytics (GRA),Independent model review (IMR),Global Wholesale Credit & Market Risk,Group Risk Technology,Regulatory policy team
• Work effectively with Traded Risk, GRA and regulatory finance and FRTB Programme.Ensure Regional\Global team provides the right level of value and that they support the proposed changes
• Implementation of effective processes & systems supporting risk strategy.Ensure that the effectiveness of Internal Control activity is properly monitored
• Improved processes related to approvals, administration, controls & monitoring; tailored risk systems and monitoring of complex activity.Achievement of Satisfactory or better internal audit classifications

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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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