Senior Associate

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 organisations 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 realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Senior Associate - Global Markets

In this role, you will:

• Provide ““first line of defence” risk management for the Securities Finance, FX Prime Services and Derivatives Clearing Services (DCS) businesses.
• The role holder will fulfil these responsibilities through thorough and proactive analysis and communication of risks within client portfolios; proposal of appropriate margin levels; controlling the amount of leverage/financing provided and setting appropriate client-facing limits; and contributing to the development of sound methodologies for margining and measuring the risk in client portfolios. 
• The role holder will have responsibility for ensuring that the business’s risk stays within the Securities Finance / FX Prime market risk mandates and applicable credit limits.
• The role holder will also support the sustainable growth of the Securities Finance business through the development of quantitative models that will help the business understand its risks across all assets classes, support risk management decision-making and ensure that the business is margined appropriately.
• The role holder will be responsible for the design, development, validation and documentation of risk management and margining models, working in conjunction with Securities Finance business staff.  The role holder will ensure that the models used by the business are developed in line with bank policies and will support the independent model review process.
• Help the business to identify and understand key risks in its client portfolio through proactive risk analysis. Help the business develop products/solutions that are both sound from a risk management perspective and attractive to clients.
• Help the business develop robust margin / risk models and tools through contribution to design and calibration. Minimization, where possible, of credit losses arising from hedge fund defaults.
• Margin and risk models pass internal validation processes successfully Help the business to identify and understand key risks in its client portfolio through proactive risk analysis. Contribute to success of the business and the Portfolio Management team at both the regional and global level by supporting colleagues and managing global issues on a follow-the-sun basis. Work closely with colleagues in Markets, independent risk and Banking.
• Work closely with colleagues in Securities Finance and Quant teams to support model development and share knowledge. Team feedback, stakeholder feedback, achievement in delivery of initiatives. Develop risk/margining terms that balance the needs of the client with those of HSBC.
• Keep management aware of key risks within the hedge fund portfolio and help to define an understanding of the appetite for these risks. Work closely with stakeholders in the business, the independent risk function, and internal model review teams to ensure that risk models comply with expectations. 

To be successful you will:

• Hands on with Python, SQL and advance excel.
• 1 to 4 years of experience in Global Markets.
• Graduation from Tier 1 institutes only.
• Experience with BI Tools (like Power BI, Looker Studio, Qlicksense)
• Market Risk concepts, good product knowledge of Fixed Income, Derivatives, FX and Equities.
• Freshers can also apply. Tier 1 istitutes only. 

You’ll achieve more at 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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