Senior Business Analyst - Counterparty Credit Risk

HSBC Holdings plc; Bengaluru; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

HSBC Holdings plc in Bengaluru, India seeks an experienced Senior Business Analyst for Counterparty Credit Risk. The role focuses on risk and compliance transformation, leading cross-functional projects and collaborating with Front Office, Technology and Analytics teams to deliver regulatory programmes and large-scale change.

Strong communication and stakeholder management are essential. The successful candidate will bring five years of CCR experience, deep knowledge of CCR concepts and

Qualifications

• A minimum of five years’ relevant experience in Counterparty Credit Risk.
• Strong knowledge of Internal Model Method and SA-CCR.
• Solid CCR concepts: netting, collateral, initial margin, PD, LGD and EAD.
• Experience delivering regulatory programmes such as FRTB and IBOR transition.
• Strong communication skills with proven stakeholder management.
• FRM or CFA certification is desirable.

Responsibilities

• Oversee global Change the Bank investment portfolio and transformation activities for Risk and Compliance.
• Deliver large-scale, cross-geography change across systems, people and processes.
• Collaborate with Front Office, Technology, Analytics, Quant teams, architects and change colleagues to deliver projects on time.
• Manage stakeholders, partner with Product Owners, execute test cases and report results to stakeholders.
• Understand asset classes and risk factors across Counterparty Credit Risk.

Skills

Stakeholder management

Requirements gathering

Communication skills

Project delivery

CCR knowledge

Education

FRM or CFA certification

Job description

Some careers have more impact 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 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 Senior Business Analyst - Counterparty Credit Risk

In this role, you will:

• Risk and Compliance Transformation (RCT) manages the Change the Bank investment portfolio and associated transformation activity for the global Risk and Compliance function. It is accountable for delivering the global cross-functional change agenda, including mandatory, regulatory and strategic programmes, in partnership with regional teams and in support of business and control needs. RCT designs, leads and delivers large-scale, complex change across geographies, jurisdictions and business lines. This includes systems, people and process change, delivered in accordance with HSBC change standards and mandated tools and methods.
• The Traded Risk function is responsible for risk management across Markets and Securities Services and supporting HSBC’s regions and global lines of business.
• Operate across the full programme lifecycle and support multiple change-delivery approaches, including Agile and waterfall.
• Collaborate with Front Office, Technology, Analytics and Quantitative teams, architects and change colleagues to deliver projects and programmes on time and in accordance with organisational processes.
• Manage stakeholders closely, partner with Product Owners, execute test cases and present results to the relevant stakeholders.
• Broad knowledge of asset classes and risk factors

To be successful you will:

• A minimum of five years’ relevant experience is required and able to demonstrated subject-matter expertise in the Counterparty Credit Risk framework, including risk measures such as Potential Future Exposure (PFE), Current Exposure (CE) and Credit Valuation Adjustment (CVA).
• Strong knowledge of Internal Model Method implementation, with exposure to the Standardised Approach for Counterparty Credit Risk (SA-CCR).
• Strong understanding of key CCR concepts, including netting, collateral, initial margin, probability of default (PD), loss given default (LGD) and exposure at default (EAD).
• Experience of delivering regulatory programmes such as FRTB and IBOR transition.
• Strong communication skills, with proven experience of managing senior stakeholders.
• Experience of delivering large-scale projects or programmes.
• Lead business analysis activities including requirements gathering, impact assessment, process mapping and stakeholder management.
• Experience of working within a software delivery lifecycle and collaborating effectively with Technology teams.
• Manage project delivery through planning, RAID management, governance reporting and coordination across business and technology teams.
• FRM or CFA certification is desirable.

You’ll achieve more at HSBC

Hsbc.Com/Careers

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We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment.

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