VP ALCM - Partnering and Insight
Mumbai, MH, IN, 400001
Job description
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.
This function brings together distinct specialisms to drive greater connectivity in how we manage engagement with key stakeholders for HSBC.
• Finance teams 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.
• Sustainability teams lead the bank’s work to support sustainable growth in a global economy, including an ambitious plan to prioritise financing that supports the transition to net zero.
• Group External Communications teams – including colleagues from Media Relations, ESG Communications and Group Reputation – deliver communication strategies that support HSBC’s strategic objectives, protect our reputation and build trust among our stakeholders.
Job Introduction
- Support production of ALCO reporting with support of other members in the team, manage treasury risks in the business and provide ALCM components to regulatory and financial consolidated reporting.
- Liaise with the business, Leaders and Board, to communicate all regulatory parameters in place across liquidity, capital and interest rate risk are met.
- Deliver net interest income metrics for each business line to senior management and engage with business to drive right pricing.
- Lead teams and provide guidance to compile ALCM notes and disclosures for financial and regulatory consolidated reporting.
- Represent HSBC in regular meetings with external regulators, auditors and ratings agencies.
Principal Responsibilities
- Transfer Pricing and Structural Interest rate risk management
- ALCO Process
- Engagement with global lines of business and product teams to assess their performance and plans and align the HBAP INM ALCM plans in line with the same
- Design ALCM and related policies to support business growth while ensuring fair treatment and approach to all business groups, while taking a Bank level view on balance sheet related matters and ensuring the policies are in line with local regulatory and Group prescribed requirements
- Manage the ALCO process for HBAP INM and Drive execution of ALCO decisions and operational effectiveness
- Regulatory compliance
- Demonstrate the qualities needed to serve as a trusted advisor and partner to operating management and the ability to help solve business issues by drawing upon on financial analysis
- Adopt a proactive approach to improve working relationships and teamwork across teams and with GFC staff.
Qualifications - External
- 5 – 10 years of experience
- Post graduate degree
Pro-tip : Familiarity with AI-enabled tools is an advantage.
You’ll achieve more at HSBC.
HSBC is 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.