AVP, Stress Testing, GT

HSBC Holdings plc; Gurugram District; On-site; INR 2,600,000 - 4,800,000; Full time

Job summary

HSBC in India seeks an AVP, Stress Testing, GT to support ViR testing, governance, and documentation within Valuation in Resolution capabilities. The role involves coordinating ViR testing activities, aligning stakeholders, and delivering governance materials and runbooks in a cohesive, timely manner.

You will also support the Recovery and Resolution Office in integrated testing, ensure adherence to Group standards, and drive continuous improvement across valuations and documentation to meet

Qualifications

• 5+ years in financial services with stress testing and project management experience.
• Experience delivering financial regulatory reporting and participating in regulatory exercises.
• Strong understanding of financial statements, finance processes and systems.
• Clear, effective written and verbal communication with stakeholders.

Responsibilities

• Coordinate ViR testing activities and ensure timely execution of Vals 1–4.
• Assist in annual testing plans and align stakeholders on testing requirements.
• Prepare ViR governance materials and runbooks; maintain documentation repositories.
• Support Recovery and Resolution Office during integrated testing and ensure timely submissions.
• Ensure consistency across valuations with operating models and runbooks and meet regulatory requirements.
• Lead governance materials preparation for internal and external stakeholders.

Skills

Stress testing

Project management

Regulatory reporting

Stakeholder management

Financial statements

Job description

Job title: AVP, Stress Testing, GT

The purpose of the role is to support key aspects of the Valuation in Resolution capabilities, ensuring these continue to be embedded and enhanced where appropriate.

This will include areas such as MI development, governance material production, maintenance of key documentation that underpins the ViR capabilities and working with Valuation leads to ensure there is a continuation of a cohesive approach across all Valuations.

There will also be a requirement to specifically support the delivery of Valuation 2 and to support the Recovery and Resolution Office in meeting their broader RAF objectives.

In this role, you will:

• Support the coordination of the ViR testing activities, ensuring the timely and complete execution of Vals 1 to 4.
• This includes assisting in the development of annual testing plans, through to ensuring the key stakeholders are aligned on the testing requirements, alongside ensuring timely execution by supporting running command and control meetings for ViR.
• Assist in development of ViR SteerCo agendas and support delivery of materials to support this forum.
• Maintain key overarching ViR documentation such as operating models and ensure Valuation runbooks are maintained in the appropriate systems.
• Support Recovery and Resolution Office during integrated testing and ensure ViR components of these exercises are submitted on a timely and complete basis.
• Ensure consistency and alignment across each of the Valuations with regards capability documentation such as operating models and run books whilst also supporting the Group Recovery and Resolution Office to meet their requirements.
• Responsible for the maintenance of the documentation repository that would be provided to an Independent Valuer.
• Assist in preparation of governance materials for various internal and external stakeholders ensuring the ViR capabilities are accurately represented, with a particular focus on recent testing/ enhancements and future focus areas.
• Plan and manage ad-hoc requests and queries raised by senior management to ensure relevant and timely response.
• Ensure compliance with Group Standards Manuals and the appropriate Functional Instruction Manuals.
• Maintain the control framework over ViR outputs to ensure submissions are made in a timely manner, are accurate and adhere to high standards.
• Manage increasing regulatory demands for information, and specifically forward-looking information, while maintaining quick team turnaround. Being able to manage customer demands, across the various matrices of responsibility, while delivering to tight deadlines is critical.
• Support in on-boarding, training and developing talent.
• Ensure risks and issues are identified, managed closely.
• Drive continuous improvement and simplification to improve operational efficiency and focus on data insights.
• Identify opportunities and actively drive the development, deployment and execution of specific ViR capability enhancements.

Governance and Committee Memberships (membership of ExCos, Risk Management Meeting)

• Support the coordination of the ViR testing activities, ensuring the timely and complete execution of Vals 1 to 4.
• This includes assisting in the development of annual testing plans, through to ensuring the key stakeholders are aligned on the testing requirements, alongside ensuring timely execution by supporting running command and control meetings for ViR.
• Assist in development of ViR SteerCo agendas and support delivery of materials to support this forum.
• Maintain key overarching ViR documentation such as operating models and ensure Valuation runbooks are maintained in the appropriate systems.
• Support Recovery and Resolution Office during integrated testing and ensure ViR components of these exercises are submitted on a timely and complete basis.
• Ensure consistency and alignment across each of the Valuations with regards capability documentation such as operating models and run books whilst also supporting the Group Recovery and Resolution Office to meet their requirements.
• Responsible for the maintenance of the documentation repository that would be provided to an Independent Valuer.
• Assist in preparation of governance materials for various internal and external stakeholders ensuring the ViR capabilities are accurately represented, with a particular focus on recent testing/ enhancements and future focus areas.
• Plan and manage ad-hoc requests and queries raised by senior management to ensure relevant and timely response.
• Ensure compliance with Group Standards Manuals and the appropriate Functional Instruction Manuals.
• Maintain the control framework over ViR outputs to ensure submissions are made in a timely manner, are accurate and adhere to high standards.
• Manage increasing regulatory demands for information, and specifically forward-looking information, while maintaining quick team turnaround. Being able to manage customer demands, across the various matrices of responsibility, while delivering to tight deadlines is critical.
• Support in on-boarding, training and developing talent.
• Ensure risks and issues are identified, managed closely.
• Drive continuous improvement and simplification to improve operational efficiency and focus on data insights.
• Identify opportunities and actively drive the development, deployment and execution of specific ViR capability enhancements.

Leadership & Teamwork

• Ensure personal integrity and adherence to established HSBC policy on conduct, compliance and ISR.
• Manage effective and enduring relationships with various stakeholders to understand, recommend and drive delivery against business requirements/agenda.
• Working with and liaising with teams across multiple functions to share knowledge and best practices.
• Demonstrate flexibility and be willing to support team members in other areas where a particular need arises.
• Demonstrates a drive for excellence and continuously looking at ways to improve processes and outputs.
• The role holder shall also be expected to guide and lead team members from a functional perspective and help them build up a strong culture of delivery and professionalism.
• Prior experience of working with offshore/satellite teams is desirable.
• A self-starter who is not afraid to speak up and face a challenge; also open to listen to guidance and learn as they go.
• Understand the training needs for oneself and take initiative to follow through the development plans.

To be successful you will:

Functional Knowledge

• 5+ years’ experience in the financial service industry which includes experience in stress testing and project management. Preferred experience with global banks, regulators and consulting relevant roles.
• Demonstrates excellent delivery skills and has experience in delivering financial regulatory reporting and participating in regulatory exercises e.g. stress testing in large and complex organisations.
• Demonstrates a strong understanding of financial statements, finance processes and finance systems.
• Demonstrates a drive for excellence and continuously looking at ways to improve processes and outputs.
• Understanding of regulatory capital, stress testing and related regulatory frameworks.
• Strong written and verbal communication skills e.g. PowerPoint presentations to summaries and communicate analytical outcomes.
• Ability to manage multiple, ad-hoc requests, meet quick turnaround times, and manage stakeholder expectations.

Others

• Experience in managing specific elements of projects from inception and identify areas of enhancement to existing processes.
• Experience in working collaboratively across a broad range of stakeholders and building and maintaining those relationships with stakeholders (at all levels of seniority).
• Proven delivery skills and experience in supporting financial regulatory reporting or regulatory exercises.
• A self-starter who is not afraid to speak up and face a challenge; also open to listen to guidance and learn as they go.
• Interpersonal skills and proven ability to work well in a team, be cooperative and open, and embrace diversity.

Hsbc.com/careers

You’ll achieve more at HSBC

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.”

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.

***Issued By HSBC Electronic Data Processing (India) Private LTD***