Head of IRRBB (HSBC UK)

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a role 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.


As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.


We are currently seeking an experienced individual to join this team in the role of Head of IRRBB (HSBC UK).

In this role, you will:

• Responsibility to Protect, Enhance and Optimise IRRBB to enhance Net Interest Margin and protect value.
• Accountability for 1st line risk ownership of IRRBB in HSBC (UK), covering measurement, monitoring and managing IRRBB risks.
• Navigate the development, ownership and implementation of the HSBC (UK) IRRBB strategy, whilst ensuring Global alignment and consistency with regards to IRRBB identification, modelling and management.
• Achieve industry best practice through leading a small team responsible for the modelling of the interest rate behaviour of balance sheet products, enhancing HSBC (UK)’s IRRBB capabilities. 

To be successful in this role you should meet the following requirements:

• Demonstrable knowledge and experience of IRRBB risks and regulations.
• Broad market product knowledge, in particular in fixed income and derivatives.
• Diverse and varied risk management experience.
• Demonstrable understanding of hedge accounting treatments, and the capital and liquidity impacts of different forms of IRRBB risk management.
• Regularly appraised on the latest industry (e.g. technology) and regulatory developments to be able to collaborate with various teams to incorporate and enhance capabilities.
• Thorough understanding of the macro-trends impacting operations and the ability to identify solutions to remain competitive in the market.
• Experience of directing, engaging, motivating and leading a team.
• Collaborative, engaging, credible and methodical; being able to bring the policy, strategy, initiatives and narrative to life (e.g., presenting management information to a wide range of stakeholders/ senior management).
• Experience of building and maintaining strong relationships with senior stakeholders (all levels of seniority, businesses, and geographies).

The base location for this role will be London and with a hybrid working pattern.


Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.


If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:


Email: hsbc.recruitment@hsbc.com
Telephone: +44 207 832 8500