19 Aug
|
HSBC
|
Bengaluru
Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. HSBC is one of the largest banking and financial services organizations in the world, with operations in 62 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 realize their ambitions. We are currently seeking an experienced professional to join our team in the role VP, Valuations Analytics Reporting
Overview
- Controllership is an expert function, that exists to deliver trust in the numbers that it is the custodian of, providing both insight and running controls and processes, enabling the business to grow and succeed safely. Controllership instils credibility with our regulators and drives understanding of HSBC’s businesses. The Product Control (PC) function is an integral part of Controllership and provides independent control and assurance, product expertise, commercial insight and guidance to all businesses involved in trading activities throughout HSBC. We also partner with the business to achieve sustainable financial performance.
- The Valuations, Analytics & Reporting team in Product Control is a global team responsible for all aspects of the calculation of Fair Value for traded instruments in Markets and Securities Services (MSS), Markets Treasury (MKTY) and more widely across HSBC.
In this role, you will:
- Oversee preparation of IPV (Independent Price Verification), FVA (Fair Value Adjustment), PVA (Prudent Valuation)
and FVL (Fair Value Levelling).
- Working on improving controls and implementing valuation methodologies.
- Analyzing Valuations model restrictions and recommendations. Valuation controllers are expected to work across regions with multiple stakeholders both within Product Control, Front Office and other business stake holders in Hong Kong, Paris, Krakow, London and New York.
- Coordinating preparation of appropriate Management Information for various committees.
- Delivering a single view of the P&L; and Balance Sheet through cooperation with Business Financial Control and Core Product Control.
- Building relationships with key stakeholders including other Product Control functions, Quantitative Analytics, Front Office, Market Risk Management, IT and Operations. Efficient co-ordination with the Trading Desks and other Business stake holders.
- Reengineering and streamlining of processes to achieve economy of scale and increased service quality. Liaising with the Analytics and IT teams for development of automated implementations and solutions.
To be successful you will:
- A qualified Finance qualification (CFA, FRM, CQF, CA) is preferred.
- 8+ years of relevant post-qualification experience in either Product Control, Valuation Control.
- Good understanding of vanilla and complex derivative products, market risks and pricing parameters. Strong quantitative and qualitative analytical skills
- Strong IT skills required including experience with Excel, VBA, SQL, Microsoft Access.
- Excellent written and oral communication skills.
- Sound judgment and problem-solving skills, ability to think laterally.
- Great interpersonal skills, including the ability to articulate key quantitative issues clearly.
- Good appreciation of regulatory guidelines, rules and requirements.
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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***Issued By HSBC Electronic Data Processing (India) Private LTD***
📌 VP, Valuations Analytics Reporting (Bengaluru)
🏢 HSBC
📍 Bengaluru