Manager Traded Risk Stress Testing

HSBC; Bengaluru; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

HSBC is seeking an experienced Manager Traded Risk Stress Testing to lead front-to-back market risk analysis across Equities, Credit, Rates and FX. The role includes consolidating risk measures, supporting regulatory submissions, and delivering governance materials for senior management and regulators.

You will monitor data quality, validate risk figures (VaR/SVaR/IRC), and coordinate with Front Office, Legal and Compliance to strengthen the CCR framework while promoting cross-site collaboration

Qualifications

• Experience in risk management and regulatory reporting is required or highly desirable.
• Strong technical skills in Python and Excel are essential for modelling and reporting.
• Familiarity with risk measures (VaR, SVaR, VaR back-testing) and governance processes.

Responsibilities

• Consolidate Market Risk and CCR measures across sites and support regulatory submissions.
• Validate, monitor and report risk metrics including VaR, SVaR and PVBP.
• Maintain data quality for market data inputs, calibrations and governance packs.
• Collaborate with Front Office, Legal and Compliance to strengthen CCR framework.

Skills

Market risk

VaR

SVaR

FRTB

Python

Excel

MS Office

JIRA

Confluence

SharePoint

Education

Finance degree or quantitative discipline

Tools

JIRA

Confluence

SharePoint

MS Access

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 Manager Traded Risk Stress Testing.

In this role, you will:

• The Traded Risk Measurement, Monitoring & Control (TRMMC) team sits within Risk & Compliance and provides consistent measurement, monitoring and control of traded risk across HSBC’s global locations, including Hong Kong, London, Paris and New York.
• TRMMC comprises Aggregation, Stress Testing, Market Data Management (MDM), Traded Risk Analysis, Counterparty Credit Risk (CCR) and Control Management teams.
• Consolidate Market Risk and CCR measures at Group level, support regulatory submissions and disclosures, perform VaR back-testing, limit mandate monitoring and SVaR calibration, and prepare risk management and FRTB governance materials.
• Validate, monitor and report Market Risk and CCR stress-testing results across sites and scenarios; identify key risk drivers, prepare governance packs and dashboards, and provide analysis to senior management and regulators.
• Manage market data and scenario inputs used for VaR, Expected Shortfall and SVaR calculations; monitor data quality, investigate exceptions, apply appropriate proxies or models, and support Market Risk Managers and stakeholders.
• Own front-to-back market risk analysis across Equities, Credit, Rates and FX, and Markets Treasury; monitor limits, investigate risk movements, validate risk metrics and report measures such as sensitivities, VaR, SVaR, IRC and FRTB metrics.
• Monitor counterparty exposures and limits, assess the impact of market events, maintain accurate risk records, prepare management and regulatory reports, and work with Front Office, Legal and Compliance to strengthen the CCR framework.
• Maintain an effective global risk and control framework aligned with FIM standards and the Risk Management Framework; support risk and control assessments, issue management, audit engagement, continuous monitoring, control-owner activities and process improvement.

To be successful you will:

• Promote product knowledge across the team and continuously develop colleagues’ functional knowledge and skills through coaching and knowledge transfer.
• Drive consistent process and policy implementation across both sites by clearly explaining the rationale for change and ensuring teams operate as one coordinated unit.
• Maintain effective communication between sites, providing timely updates on process, policy and functional changes.
• Embed ongoing training into BAU, ensuring colleagues are fully cross‑trained across their respective asset classes and able to provide effective cover.
• Manage performance and development through regular feedback, one-to-one discussions and constructive conversations about performance and behaviours.
• Prioritise stakeholder requirements and escalations, respond promptly to ad hoc risk enquiries, and proactively identify and escalation data-quality or control issues.
• Lead inclusively and effectively under pressure, demonstrating strong collaboration across cultures, adaptability, self‑motivation, communication, planning, listening and decision‑making skills.
• Apply strong market-risk and technical expertise, including risk measures such as PVBP and Value at Risk (VaR), traded-risk reporting, Excel and Microsoft Office, with knowledge of Python, VBA, MS Access, visualisation tools, market‑data platforms, JIRA, Confluence and SharePoint; relevant qualifications or experience in finance, accountancy, business, quantitative disciplines or market risk are advantageous.

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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