Counterparty Credit Risk Analyst

HSBC; Philippines; Hybrid; PHP 800,000 - 1,200,000; Full time

Job summary

HSBC in Manila is hiring for a Subject Matter Expert - Counterparty Credit Risk - Collateral and Risk Manila. The role requires deep knowledge of Credit Risk, Market Risk, and related controls, with an emphasis on collateral management and risk reporting.

This position supports hybrid work arrangements and offers exposure to large-scale trading risk operations across HSBC's global network. The incumbent will investigate risk exposures, monitor limits, and engage with risk managers to ensure

Qualifications

• Knowledge of Credit Risk, Market Risk, Collateral, Reconciliation.
• Knowledge of Counterparty Credit Risk is an advantage.
• Degree in Finance, Economics, Commerce or equivalent.
• Knowledge of credit risk, treasury products, operations, systems and regulations.
• Knowledge of group risk systems and trading systems desirable.
• Programming in VBA and Excel skills advantageous.
• Experience in Traded Credit Risk Control management environment desirable.

Responsibilities

• Identify the breaks between front end trading systems and the risk portal systems toward remediation.
• Investigate and report credit risk arising from trading activities against approved limits.
• Report and analyze the cause of variation and address the issues to correct them.
• Investigate and report credit risk arising from utilizations shown in risk systems.
• Provide regular information to Traded Credit Risk Control managers on performance.
• Interact with Traded Risk Control Managers and other risk managers to align risk systems roadmap.

Skills

Credit Risk

Market Risk

Collateral

Reconciliation

Counterparty Credit Risk

Finance Knowledge

Excel

VBA

SQL/Structured Query

Education

Finance, Economics, Commerce or equivalent degree

Tools

VBA

Excel

SQL

Job description

Quezon, National Capital Region (NCR), PH, 1101

Brand: HSBC

Area of Interest: Investment Banking, Markets, and Research

Role Workstyle: Hybrid Worker

Date: 3 Sept 2026

Some careers shine brighter 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 organizations in the world, with operations in 62 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 realize their ambitions. We are currently seeking an experienced professional to join our team in the role of Subject Matter Expert - Counterparty Credit Risk - Collateral and Risk Manila.

Job Responsibilities:

• Identifying the breaks between various front end trading systems and the risk portal systems working towards the remediation.
• Investigating and reporting credit risk arising from trading activities against approved limits
• Reporting and analyzing the cause of variation and addressing the issues to correct the same.
• Investigating and reporting credit risk arising from trading activities against the utilizations shown in risk systems
• Provide regular information to Traded Credit Risk Control managers on the performance of the team in terms of capacity and quality of output.
• Interact with Traded Risk Control Managers and other risk managers on a regular basis to understand the Risk systems and organization roadmap to ensure that impact and opportunities for the offshore team are identified in time.

Job Requirements:

• Knowledge of Credit Risk, Market Risk, Collateral, Reconciliation
• Knowledge of Counterparty Credit Risk is an advantage
• A degree / qualification in Finance, Economics, Commerce or equivalent or previous experience in Risk management (Credit Risk)
• Knowledge of Credit Risk, Treasury products, operations, systems and related regulations.
• Knowledge of group risk systems, primary trading systems and static data systems desirable
• Knowledge Financial Services sector, terminology and issues an advantage.
• Knowledge of programming in Visual Basic for Applications (VBA), Excel and Structured Queruld be an advantage
• Previous experience in a Traded Credit Risk Control management environment is highly desirable.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritized.

You’ll achieve more when you join HSBC.

HSBC is 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. 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.