Valuation Controller - Private Markets (Private Equity & Private Credit) (f/m/d)

HSBC Holdings plc; Paris; Hybrid; EUR 90,000 - 130,000; Full time

Benefits offered by this job

Development programmes

Flexible working arrangements

Financial security benefits

Work Council benefits

Family-focused benefits

Well-being resources

International opportunities

Diversity & Inclusion

Job summary

HSBC Holdings plc in France seeks an experienced Valuation Controller to join Valuations Analytics & Reporting within Global Product Control, focusing on Private and Less-Liquid Markets. You will support valuation methodologies and governance across private equity and private credit, acting as SME for local and international teams.

The role requires strong IFRS valuation knowledge, governance discipline, and the ability to influence across locations. English is required; French is a plus.

Qualifications

• Valuation control experience in Private & Less-Liquid Markets.
• IFRS knowledge applied to valuation context.
• Ability to apply judgement on valuation adjustments within governance.
• Experience in a matrix environment with cross-location influence.
• Strong stakeholder management and communication skills, including audit/regulator interaction.
• Interest in standardisation, tooling and reporting improvements (digital/automation).
• English required; French preferred.

Responsibilities

• Support valuation methodologies and models for Fair Value and Prudent Value for Private Equity and Private Credit.
• Operate a robust control environment with sound judgement on valuation adjustments.
• Ensure HBCE practices align with Group methodology, policies and governance.
• Act as HBCE SME for Private Markets valuation and support Krakow and Bangalore teams.
• Coordinate priorities, provide guidance, review drivers/outputs, ensure timely audit trail.
• Contribute to global change initiatives, remediation and efficiency opportunities.
• Support engagement with Internal Audit, PwC and regulators on valuation topics with clear analyses.

Skills

Valuation control

Product control

Private Equity

Private Credit

IFRS valuation

English

Stakeholder management

French

Job description

Being part of HSBC in France, you’ll help evolve and grow our business while strengthening the control environment that supports the accuracy of our financial statements. We’re looking for a Valuation Controller to join Valuations Analytics & Reporting (VAR) within Global Product Control (Controllership), with a focus on Private and Less-Liquid Markets.

What you will do:

You’ll support the methodology, oversight and reporting of Fair Value and Prudent Value (FVPV) for Private Equity and Private Credit instruments held on the balance sheet. The role is initially HBCE-focused and contributes to the global Private Markets valuation agenda, including standardisation and governance initiatives led by the global Private and Less-Liquid Markets valuation team.

In this role you will:

• Support the implementation and maintenance of valuation methodologies and underlying models used to calculate Fair value and Prudent value for Private Equity and Private Credit exposures.
• Operate a robust control environment, applying sound judgement on valuation adjustments to support the accuracy of fair-valued financial reporting.
• Ensure HBCE practices align with Group methodology, policies and governance, escalating issues and proposing solutions through the functional line.
• Act as the HBCE SME for Private Markets valuation, providing informal governance/oversight (no direct line management) to extended production teams in Krakow and Bangalore.
• Coordinate priorities, provide guidance and challenge, review key drivers/outputs, and ensure timely issue resolution with a strong audit trail.
• Contribute to local and global change initiatives (tools, reporting, operating model improvements), including remediation delivery and simplification/efficiency opportunities.
• Support engagement with Internal Audit, external audit (PwC) and regulators (ECB) on valuation topics, providing clear analysis and documentation.

You should apply if you have:

• Strong experience in valuation control / product control for Private and Less-Liquid Markets, with expertise in Private Equity and Private Credit.
• Strong accounting knowledge with proven application of IFRS in a valuation control context (French and/or German GAAP is a plus).
• The ability to apply significant judgement on valuation adjustments within a controlled governance framework.
• Experience working in a matrix environment (local + functional reporting) and influencing outcomes across teams and locations.
• Strong stakeholder management and communication skills, including interaction with audit and regulators.
• Interest or experience in standardisation, simplification, tooling and reporting improvements (digital/automation exposure beneficial).
• Languages: English required; French preferred.

What you’ll get in return:

HSBC operates multiple variable pay plans, to reflect the diverse nature of the businesses, roles and markets in which we operate. Variable pay is designed to reward colleagues for their individual performance and contribution, as well as the performance of their relevant Business / Infrastructure, and the overall Group.

We offer a comprehensive and competitive package of benefits covering usually covering healthcare, life assurance, pension, and family friendly leaves, as well as many other benefits to support your wellbeing.

• We’ll help you progress your career, including access to development programmes, through HSBC University and our Degreed platform
• You can work your way and will have a say in when, where and how you and your team flexibly work together
• Our benefits will give you financial security, and can include company savings plan (PEE), savings plan for collective retirement, mutual insurance for you and your family, loyalty bonus, a Time Savings Account to monetize untaken off days (CET)...
• A Work Council which offers ticketing, travel, sports, legal aid, Christmas vouchers, Summer break vouchers...
• Our family-focused benefits can help you to support your loved ones and include family events days off (wedding, civil union...), additional maternity or breastfeeding leave, birth bonus, partial reimbursement of childcare costs, assistance to employees taking care of a relative with disability...
• We’ll give you a huge range of resources that support your well-being (yoga, sophrology, Mindfulness app)
• You’ll have international opportunities - this can be your place to start and branch out to anywhere we have offices
• A work environment that promotes Diversity & Inclusion, where you’ll be able to join our different Employee Resource Groups
• These benefits are on top of local usual benefits in France (refund of transport fees at 50%, 5 weeks of paid vacation & RTT, meal voucher card or corporate restaurant depending on location)

HSBC has been certified “Top Employer 2026” in Europe. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in several countries in Continental Europe. Not only is HSBC a great place to work, but we also offer the following unique and exciting benefits & opportunities!

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. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.

If you have a need that requires accommodations or changes during the recruitment process, please let us know.

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