VP - Traded Risk

HSBC; Bengaluru; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

HSBC Holdings plc in Bengaluru seeks a senior Risk Management Leader to drive control, analysis and reporting for market and counterparty risk. You will validate risk calculations, streamline processes, and guide a large team while coordinating with Risk Managers, Traders and Regulators.

The role emphasizes Python coding, quantitative risk metrics and strong stakeholder communication in a fast-paced, global bank environment.

Qualifications

• A degree in Finance, Accounting, Business or quantitative fields is required.
• Proven experience in Risk Management (Market Risk) or related quantitative work.
• Strong analytical and leadership abilities with attention to detail.

Responsibilities

• Lead teams performing controls, risk analysis and reporting for market or CCR risks.
• Review and improve risk calculation, processes and control frameworks.
• Coordinate governance and committee activities with risk management stakeholders.

Skills

Risk management

Python programming

People leadership

Stakeholder communication

Governance participation

Education

Bachelor's degree in Finance/Accounting/Engineering

Tools

Python

SQL

Job description

Traded Risk Measurement, Monitoring & Control team sits within Risk & Compliance. TRMMC Teams composition: Aggregation, Stress Testing, Market Data Management (MDM), Traded risk Analysis, Counterparty credit Risk and Control Management. These teams form part of the TRMMC, that ensure functional consistency and delivery across all work streams for the measurement, monitoring and control of traded risk. We support and lead aspects of Traded Risk Functions/activities across the HSBC Group and Regional locations: Hong Kong, London, Paris, New York, etc. This Role will lead a combination of these sub teams.

In this role, you will:

• Leading teams that perform controls, risk analysis & explain and reporting for Markert Risk or Counterparty credit risk.


• Review, validation and improvement of risk calculation, process and control framework.


• Risk Data (sensitivities and risk metrics) Monitoring and Management to ensure accuracy, completeness, and timeliness of risk Analysis, explain and Reporting. Able to streamline and execute operational efficiency in traded risk processes.


• Able to drive initiatives and challenge. Being the point of the escalation and resolution point for our stakeholders (Risk Managers, Traders, Senior Management and Regulators. Escalating when necessary to senior management.


• Strong understanding of risk measures. Minimizing and closing Audit/Assurance findings


• Able to lead a large team (i.e. not limit too: Set the goals, plan, execution, tracking, follow up, and coach). Experience of Resource management: hiring (approvals, follows up) and make sure we have cover.


• Maintain team engagement levels.


• Governance and Committee Memberships (membership of ExCos, Risk Management Meeting). Contributor to Risk Management meetings

To be successful you will:

• Able to explain on the drivers behind the movements in risk metrics such as sensitivities (PV01, CS01, EQ delta, Gamma etc.), VaR/SVaR/IRC and FRTB SA & IMA metrics etc for MR or PFE, EE, for CCR


• A degree / qualification in Finance, Accountancy, Business Management or previous experience in Risk Management (Market Risk) or quantitative courses


• Ability to use and code in Python


• Ability to drive performance under pressure and tight timelines. Ability to respond on a timely manner to ad hoc risk enquiries, and ensures data quality by identifying potential issues and proactively escalating it. Ability to learn within a dedicated span of training time and transfer knowledge appropriately. Self-motivated, excellent communication skills, adaptability


• Strategic thinker, planner and a good listener

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.

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