Asset, Liability and Capital Management (ALCM) Manager - AUS_NZ Treasury

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

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 Asset, Liability and Capital Management (ALCM) Manager - AUS_NZ Treasury

Purpose the role

The Finance teams at HSBC provide the bank with internal and external financial reporting, forecasting, controls oversight and stress testing expertise. Specialist areas also manage HSBC’s worldwide tax affairs, group treasury needs, and events for investors and analysts. The Asset, Liability and Capital Management (ALCM) Manager will be required to provide operational support and insights with respect to day to day management and the risks and opportunities relating to asset and liability management, including interest rate risk management, allocation of capital, and liquidity / funding matters.  The role will support any other ad-hoc Asset, Liability and Capital Management (ALCM) activities within the Australia and New Zealand team as directed by the Head of Asset, Liability and Capital Management (ALCM).

In this role, you will:

• Prepare and/or review reporting and forecasts against liquidity and funding limits in line with the risk appetite statement and relevant internal and external Asset and Liability Committee (ALCO) limits. Prepare and/or Review periodic returns for submission to Regional and Group teams. Prepare and/or review of Asset, Liability and Capital Management (ALCM) required internal and external reporting, ensure accurate and timely submission.
• Produce timely and high quality schedules and ad hoc analysis for Asset and Liability Committee (ALCO) and ad hoc requests. Prepare ad-hoc financial forecasts/business analysis to support decision making, including contributing to stress testing where required. Provide analytical support for Asset, Liability and Capital Management (ALCM) matters across capital, interest rate risk in the banking book, and liquidity/funding.
• Prepare and/or review monthly interest rate risk and liquidity transfer pricing calculations and business allocations. Review interest rate (IR) transfer process, manage escalations, and conduct periodic reviews of IR buy-in completeness checks. Improve process efficiency by continuing to streamline process and implemented solutions wherever possible.

• Timeliness and accuracy of reports, evidence of ongoing review of activities, including elimination, simplification, automation, migration and re-focus of activities to the highest value-adding priorities. Strong working, business partner relationships developed with stakeholders across Asset, Liability and Capital Management (ALCM), Finance, and where applicable business stakeholders.
• Build effective working relationships and providing insightful guidance and support. Prepare and/or review the Asset and Liability Committee (ALCO) reporting pack. Stay abreast of market developments, group policy changes, forthcoming regulatory changes, etc. Address issues/actions arising from A Asset and Liability Committee (ALCO), providing business analysis as requested and coming up with recommendations. Support the goals and objectives of the Head of Asset, Liability and Capital Management (ALCM) and Chief Function Office. Customer satisfaction surveys and feedback from customers / stakeholders.

• Ensuring all information is produced timely and accurately and meets the changing requirements of the businesses. The challenging economic environment and increasing levels of regulation requires constant review of Asset, Liability and Capital Management (ALCM) policy and its impact to the business. Improving awareness of Asset, Liability and Capital Management (ALCM) issues and strengthening the businesses understanding of the risk by supporting the Senior Asset, Liability and Capital Management (ALCM) Managers and Head of Asset, Liability and Capital Management (ALCM)..
• Increasing regulation is driving increased demands for information requiring a strong understanding of underlying systems, processes and controls in order to respond on a timely and accurate basis. Against the back-drop of global economic uncertainty and increased regulation the drive by HSBC to increase operational efficiency requires leadership skills, engaging the wider team to achieve demanding objectives around process re-engineering.

• The role requires a high level of subject matter expertise and the ability to work effectively across all management layers. The role is expected to be value added to Asset, Liability and Capital Management (ALCM) across the three entities in Australia and New Zealand.The role is highly integrated and connected to the wider Finance team including I&A, Tax, Product Control, and Financial Control.  The role is functionally aligned to the accountabilities and objectives of the Head of Asset, Liability and Capital Management (ALCM). A close working relationship with the AL Asset, Liability and Capital Management (ALCM) team and peers in the business will ensure a high level of guidance and support.

To be successful you will:

• Bachelor’s degree in accounting or finance (or a related discipline) with Post Graduate Qualifications highly regarded. Greater than 5 years working experience in Banking / Finance
• Experience in banking Asset, Liability and Capital Management (ALCM)/Treasury including prior Interest Rate Risk in Banking Book, Capital management, or Liquidity and Funding experience would be advantageous.
• Excellent understanding of banking products, transfer pricing and their impact on balance sheet. Strong communication and interpersonal skills, including the capacity to articulate the case for risk management in the language of business stakeholders.
• Demonstrated ability to assess risk trends, both internally and externally. A Growth mind-set that is both open and resilient to rapidly evolving requirements
• Excellent analytical skills with an ability to deliver actionable insight
• Excellent verbal and written communication skills with experience of preparing and communicating key messages and recommendations to senior management and other stakeholders. a High level of numeracy and advanced skills in Microsoft Office essential.
• Ability to work under pressure, with strong organisational skills and the ability to deliver on tight deadlines with accuracy and speed.
• Result oriented team player who can foster strong and collaborative partnerships with key stakeholders

You’ll achieve more when you join HSBC.

www.hsbc.com/careers

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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