Product Control Analyst

HSBC Global Services Limited; Ciudad de México; Presencial; MXN 600.000 - 900.000; Jornada completa

Descripción de la vacante

HSBC Global Services Limited in Mexico City is seeking an experienced Product Control Analyst to contribute to valuation policies and automate processes within the Mexico Product Control function. The role requires expertise in valuation techniques for FX and fixed income and managing fair value adjustments, with strong collaboration across finance teams.

You will investigate MTM disputes, support P&L discussions, ensure models are documented in GMIS, and act as a primary contact for valuation

Formación

• Strong knowledge of valuation techniques used to derive market value for FX and Fixed Income asset classes.
• Strong knowledge of Fair Value Adjustments (IPV, Bid-Offer, Illiquidity, xVA).
• Excellent interpersonal skills and ability to liaise with senior management and stakeholders.

Responsabilidades

• Contribute to HSBC Mexico Valuation Policy.
• Participate in automating FRTB processes in HSBC Mexico Product Control.
• Investigate collateral/MTM disputes with external counterparties.
• Support Core PC team on valuation-related P/L disputes.
• Ensure local models are documented and listed in GMIS.
• Calculate, post and reconcile all Fair Value Adjustments for HSBC Mexico GBM.
• Run daily End of Day curve process to derive MTM for asset classes.
• Be the focal point for valuation questions from internal/external stakeholders.

Conocimientos

Valuation techniques

Fair Value Adjustments

Interpersonal skills

Herramientas

GMIS

Descripción del empleo

If you’re looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you’ll be.

We are currently seeking an experienced professional to join our team in the role of

Product Control Analyst

Role purpose:

We are looking for a talented individual to join Product Control (PC) Valuation team to be a key contributor of any valuation matters pertaining to HSBC Mexico Global Banking & Markets. This role will report to the Product Control Valuation Team Lead. The role will have extensive liaison and communication at all levels within the Finance team. The role will contribute to improving and automating processes, supporting teams across areas.

Main activities:

• Key contributor of HSBC Mexico Valuation Policy
• Participate in the implementation and automation of processes of FRTB within HSBC Mexico Product Control department.
• Investigate any collateral/MTM disputes with external counterparties.
• Support the Core PC team when there is a PL dispute related to valuation.
• Ensure our local Models are well documented, periodically reviewed by IMR team (Independent Model Review) and accurately listed in GMIS (HSBC Canada Model repository).
• Responsible for calculating, posting and reconciling all Fair Value Adjustments pertaining to HSBC Mexico Global Banking and Markets Business.
• Managing/running the daily End of Day curve process which is needed to derive the marked to market of some asset classes.
• Be the focal point for all valuation questions from internal/external stakeholders (PwC, audit, business, NPDD etc…)

Requirements

• Strong knowledge of valuation techniques used to derive the market value for FX and Fixed Income Asset Classes.
• Strong knowledge of Fair Value Adjustments applicable to the aforementioned asset classes (IPV, Bid-Offer, Illiquidity, xVA etc…)
• Superior interpersonal skills and ability to liaise with senior management, a self-motivator, able to use good judgment and exercise independent decision making ability while contributing to a team environment.

You’ll achieve more when you join HSBC!

At HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care

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.

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