Manager Counterparty Credit Risk Contractual

HSBC Electronic Data Processing (Philippines) Inc.; Quezon City; On-site; PHP 1,000,000 - 2,000,000; Full time

Job summary

HSBC Electronic Data Processing (Philippines) Inc. is seeking an experienced Manager Counterparty Credit Risk Contractual to lead a team in managing end-to-end risk, data integrity, and operational controls.

You will oversee limit and exposure maintenance, drive remediation, and report to senior stakeholders. The role requires a degree in Finance or related field, strong credit risk knowledge, and proven people management skills.

Qualifications

• Strong understanding of credit risk concepts and familiarity with treasury/traded products and risk operations.
• Proven people management capability, including performance management, coaching and development.
• Strong analytical skills with experience in reconciliations, issue investigation and root-cause remediation.
• Excellent communication skills (written and verbal) and confidence engaging stakeholders across regions.
• Strong attention to detail with a focus on controls, data quality and operational discipline.
• Ability to work under pressure and deliver to tight timelines in a time-sensitive environment.
• Advanced Excel capability.

Responsibilities

• Ensuring the end-to-end integrity of Risk and Valuation Data by executing enhanced controls for the data to be readily consumed by all consumers including Traded Risk, Finance, Collateral etc.
• Lead and coach a team of risk analysts/associates to deliver high-quality counterparty credit risk operational support.
• Oversee counterparty limit and exposure maintenance, ensuring completeness, accuracy and on-time delivery.
• Review and manage key reconciliations and exception reporting, investigating breaks and driving remediation to closure.
• Provide regular management information on capacity, quality, issues and remediation progress to senior management and onshore stakeholders.
• Build strong working relationships with stakeholders across sites and functions to enable smooth end-to-end delivery.
• Drive continuous improvement across workflows, controls and hand-offs, reducing repeat errors and strengthening standardization.
• Ensure effective coverage through training, cross-skilling and robust backup arrangements across critical activities.
• Escalate issues promptly and promote a strong “no surprises” risk and control culture.

Skills

Credit risk concepts

People management

Analytical skills

Communication skills

Attention to detail

Working under pressure

Advanced Excel

Education

Degree in Finance, Economics, Commerce or related

Job description

Somecareersshinebrighterthanothers.

Ifyou’relookingforacareerwhereyoucanmakearealimpression,joinHSBCanddiscoverhowvaluedyou’llbe.HSBCisoneofthelargestbankingandfinancialservicesorganizationsintheworld,withoperationsin62countriesandterritories.Weaimtobewherethegrowthis,enablingbusinessestothriveandeconomiestoprosper,and,ultimately,helpingpeopletofulfiltheirhopesandrealizetheirambitions.WearecurrentlyseekinganexperiencedprofessionaltojoinourteamintheroleofManager Counterparty Credit Risk Contractual.

JobResponsibilities:

• Ensuring the end-to-end integrity of Risk and Valuation Data by executing enhanced controls for the data to be readily consumed by all consumers including Traded Risk, Finance, Collateral etc.

• Lead and coach a team of risk analysts/associates to deliver high-quality counterparty credit risk operational support.

• Oversee counterparty limit and exposure maintenance, ensuring completeness, accuracy and on-time delivery.

• Review and manage key reconciliations and exception reporting, investigating breaks and driving remediation to closure.

• Provide regular management information on capacity, quality, issues and remediation progress to senior management and onshore stakeholders.

• Build strong working relationships with stakeholders across sites and functions to enable smooth end-to-end delivery.

• Drive continuous improvement across workflows, controls and hand-offs, reducing repeat errors and strengthening standardization.

• Ensure effective coverage through training, cross-skilling and robust backup arrangements across critical activities.

• Escalate issues promptly and promote a strong “no surprises” risk and control culture.

JobRequirements:

• Degree (or equivalent) in Finance, Economics, Commerce or a related discipline.

• Strong understanding of credit risk concepts and familiarity with treasury/traded products and risk operations.

• Proven people management capability, including performance management, coaching and developing team capability.

• Strong analytical skills with experience in reconciliations, issue investigation and root-cause remediation.

• Excellent communication skills (written and verbal) and confidence engaging stakeholders across regions.

• Strong attention to detail with a focus on controls, data quality and operational discipline.

• Ability to work under pressure and deliver to tight timelines in a time-sensitive environment.

• Advanced Excel capability.

CandidatewithlessrelevantexperienceorskillsmaybeofferedalowerGlobalCareerBandthanstatedabove.

Duetotheurgenthiringneed,candidateswithimmediaterighttoworklocallyandnorelocationneedwillbeprioritized.

You’llachievemorewhenyoujoinHSBC.

HSBCiscommittedtobuildingaculturewhereallemployeesarevalued,respectedandopinionscount.Wetakeprideinprovidingaworkplacethatfosterscontinuousprofessionaldevelopment,flexibleworkingandopportunitiestogrowwithinaninclusiveanddiverseenvironment.PersonaldataheldbytheBankrelatingtoemploymentapplicationswillbeusedinaccordancewithourPrivacyStatement,whichisavailableonourwebsite.