Manager Uncleared Margin Rules Valuations

Some careers shine brighter 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 of Manager Uncleared Margin Rules Valuations.

Job Responsibilities: 

• Reviewing & understanding the regulatory framework for Margin Rules for Uncleared Derivatives (MRUD) Initial Margin (IM)
• Working with all stakeholders on the End to End delivery of Margin Rules for Uncleared Derivatives (MRUD) Initial Margin (IM).
• Working in the development of Collateral & Risk framework for Initial Margin (IM)
• Collaborating with HSBC Counterparts, Collateral Management, RRA (Regulatory Risk Analytics) & Global/Regional Market Risk Management
• Working on delivering a high standard Collateral & Risk framework
• Ensure that deadlines set for Collateral & Risk are delivered in a timely manner
• Perform a thorough review of the final data expected to be submitted by Collateral & Risk to downstream users (e.g. Collateral Management Team).

Job Requirements: 

• Risk Analyst level
• Pro-active, Good communication and business writing skills
• Very good mathematical / statistics skills
• Good market risk or/and counterparty risk knowledge
• VBA and SQL mastery
• Experience in market/counterparty risk reporting
• Previous stress testing experience and product control experience

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritized.

You’ll achieve more when you join 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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.