Regulation: o Support the preparation for the yearly regulatory exercises, oversight of the production of stress results and aggregate and generate reports to analyse risk before results are submitted to the regulators. o Support the WMR stress testing teams for the management and the delivery of responses to regulatory queries following enterprise-wide stress exercises.
On-going risk management: o Support the production of group stress testing reports for internal risk management purpose.
Act 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.
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 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
Requirements & Skills & Experience:
4 - 7 years' experience in financial services
Experience in risk reporting
Previous stress testing experience (preferable
Very good knowledge and working experience of analysing financial risk products and their movements
Proficient in VBA-Excel
Good knowledge of financial markets
Strong understanding of market risk and counterparty risk concepts
Masters in Finance/Econometrics/Quants
PRM/FRM will be preferred
Long-term job in one of the largest banking and financial services organization in the world
Interesting path of career in an international organization
Language / Studies Reimbursement Scheme
An environment where you will be given space to take ownership and accountability for your work
A Team of professionals that will help you develop & succeed
Exposure on all HSBC lines of business and markets
Employees' benefits: private medical and dental health care, Multisport Card, life insurance