Analyst - Front to Back Data Control

HSBC; Bengaluru; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

HSBC is seeking an Analyst - Front to Back Data Control in Bengaluru to ensure accurate, timely risk and valuation data across trading desks. The role requires coordinating with Front Office IT, Quants, and regulators to maintain data integrity and support new operating models.

The ideal candidate has a finance or risk management background with strong Excel and data analysis skills, and experience with data controls in a banking environment.

Qualifications

• A degree in finance, accounting, business management, or quantitative field.
• Good understanding of financial products, risk management principles and market risk measures.
• High level of competency in producing and analyzing risk information.

Responsibilities

• Provide 360-degree understanding of Trade and Risk data on booking, valuation, and consumption.
• Ensure end-to-end integrity of risk and valuation data through controls.
• Support deployment of Future State architecture (VAULT) for centralized control.
• Publish and analyze daily control reports for asset classes (Equities, FX, FI).
• Coordinate with Front Office IT and Quants to fix pricing issues and data quality.
• Maintain internal control standards and support regulatory audits and training.

Skills

Excel

VBA

MS Access

Word

PowerPoint

Education

Finance/Accounting degree

Risk management knowledge

Tools

Excel

MS Access

PowerPoint

Job description

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. 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.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 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 realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Analyst - Front to Back Data Control .

In this role, you will:

• The purpose of the role is to provide anAnalyst Function forthe Front to Back Data control team. The role provides 360degree understanding of Trade and Risk data on booking, valuation and consumption in bank.
• The team is responsible for ensuring the production of complete, accurate and timely, risk and valuation data. The role will support not only managing the operation and controls but also support the articulation and delivery of the new target operating model as required under the Bank's various Future State programs.
• Ensuring the end-to-end integrity of Risk and Valuation Data by executing enhanced controls for the data to be readily consumed by all consumers including Traded risk, Finance, Collateral etc.
• Implementing Future State architectural system (VAULT) for centralized control in the bank in accordance with Basel Committee on Banking Supervision 239 principles. Publishing and analysing daily control reports for each asset class (Equities, Foreign Exchange & Fixed Income) for materiality of risk impact. Using Agile methodology, raising Jiras to IT, performing user acceptance tests for all controls implemented.
• Understanding financial instruments and their key risk and valuation measures such as Present Value of a Basis Point, Credit Spread Sensitivity (CS01), Value at Risk, Mark-to-Market, Present Value etc. Responsible for executing controls and performing L1 investigation for exceptions as detailed below:
• Risk Data quality checks and controls on sources/ inputs - Primary Trading Systems , Pricing engine and Vault Data. Coordinating with Front office IT and Quants team to achieve strategic fix on pricing exceptions. Reference Data Quality Controls on static data for external and internal golden source for products, instruments, books etc
• Liaises with feed providers to ensure the timeliness, accuracy and completeness of inputs for reporting. This includes prompt escalation of delays and incomplete data for proper workaround and/or resolution. Ensure that processes adhere to appropriate quality standards, with reference to internal and external compliance rules, and are comprehensively documented.
• Maintain HSBC internal control standards and address audit points and/or any issues raised by regulators in a timely manner. Foster a compliance culture within the team, managing compliance risk and ensuring that the necessary training is completed. Optimize relations with regulators.

To be successful, you will:

• A degree / qualification in finance, accountancy, business management, quantitative course or previous experience in risk management or product control.
• Good understanding of financial products, risk management principles, market risk measures (i.e. Present Value of a Basis Point, Value at Risk) and systems.
• High level of competency in the production of information, and the ability to process, analyze and interpret market risk reports.
• High proficiency in Excel (Visual Basic skill would be an advantage), Word and Powerpoint. Average proficiency in MS Access.

You’ll achieve more when you join HSBC.

www.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 work 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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