VP Traded Risk

Job title: VP Traded Risk

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 VP - Traded Risk 

In this role, you will:

Principal Accountabilities

• Support the Global head of regulatory and capital implementation.Provide guidance and input into the IMA(Internal Models Approach) 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 (Fundamental Review of the Trading Book) 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 - Global Risk Analytics ),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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You’ll achieve more at HSBC

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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