Assistance Vice President -Interest Rate Risk Banking Book
Gurugram, HR, IN, 122002
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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 Assitant Vice president - Interest Rate Risk in Banking book
In this role, you will:
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To produce and review the Interest Rate Risk reports for assigned geographies, which includes Economic Value of Equity (EVE) report & Net Interest Income (NII) report. The process involves liaising with various onshore team members over email and phone. The role requires good understanding of (1) financial products, (2) market product specific knowledge and (3) financial /management reporting.
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To setup QRM with the relevant parameters in order to produce NII forecasts in several economic environments
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To provide regions/sites with the information required in stress-tests
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Fill FDSF templates for actuals and forecasts
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Understand business requirements and interpret data to provide meaningful analysis to facilitate business decision-making
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Analyze business performance and provide commentaries
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Acquire knowledge in banking/financial services
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Identify opportunities for development and drive changes independently
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Co-ordinate, work-closely with in-country finance teams across the globe
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Minimal errors Six Sigma approach
To be successful you will:
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Chartered Accountant / CFA / ICWA / CPA / MBA (Finance) with 8+ years of post-qualification experience in financial analysis, financial & management reporting, global consolidation within IFRS and IAS reporting framework
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Hands-on experience of Global market products, P&L attribution and analysis, valuation and risk or statistical / analytical surveys
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Deep understanding of Bank’s Balance Sheet and P&L
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Good understanding of financial products and how they impact finance operations and more generically the banking business.
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Basic knowledge of SQL database (preferable) & knowledge of QRM is a significant plus
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Experience in developing, documenting and reengineering processes.
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Ability to develop effective working relationships with stakeholders of different seniority and geographical location.
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Ideally, experience of leading and managing teams of between 2-4 members or experience of being a senior/deputy within a team
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Global Exposure: Ability to interact with multiple cultures / multi-tasking.
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Knowledge of QRM is a significant plus
You’ll achieve more at HSBC
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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