Manager Uncleared Margin Rules Valuations

HSBC; Quezon City; On-site; PHP 900,000 - 1,300,000; Full time

Job summary

HSBC is seeking an experienced professional to join the team as Manager for Uncleared Margin Rules Valuations (MRUD IM). The role involves reviewing regulatory requirements, coordinating end-to-end delivery, and contributing to the collateral and risk framework across regional teams.

The candidate should have strong risk reporting experience, pro-active communication skills, and a solid background in market/counterparty risk and stress testing. Immediate local availability is preferred.

Qualifications

• Pro-active, good communication and business writing skills.
• Very good mathematical / statistics skills.
• Good market risk or/and counterparty risk knowledge.
• Experience in market/counterparty risk reporting.
• Previous stress testing experience and product control experience.

Responsibilities

• Review the regulatory framework for MRUD Initial Margin (IM).
• Coordinate End-to-End delivery of MRUD IM with stakeholders.
• Develop Collateral & Risk framework for Initial Margin (IM).
• Collaborate with HSBC Counterparts, Collateral Management, RRA and Global/Regional Market Risk Management.
• Deliver a high-standard Collateral & Risk framework.
• Ensure deadlines for Collateral & Risk are met.
• Review final data submitted to downstream users from Collateral & Risk.

Skills

VBA

SQL

Risk reporting

Market risk

Communication

Job description

Job Description:

Somecareersshinebrighterthanothers.

Ifyou’relookingforacareerwhereyoucanmakearealimpression,joinHSBCanddiscoverhowvaluedyou’llbe.HSBCisoneofthelargestbankingandfinancialservicesorganizationsintheworld,withoperationsin62countriesandterritories.Weaimtobewherethegrowthis,enablingbusinessestothriveandeconomiestoprosper,and,ultimately,helpingpeopletofulfiltheirhopesandrealizetheirambitions.WearecurrentlyseekinganexperiencedprofessionaltojoinourteamintheroleofManager Uncleared Margin Rules Valuations.

JobResponsibilities:

• Reviewing & understanding the regulatory framework for Margin Rules for Uncleared Derivatives (MRUD) Initial Margin (IM)
• Working with all stakeholders on the End to End delivery of Margin Rules for Uncleared Derivatives (MRUD) Initial Margin (IM).
• Working in the development of Collateral & Risk framework for Initial Margin (IM)
• Collaborating with HSBC Counterparts, Collateral Management, RRA (Regulatory Risk Analytics) & Global/Regional Market Risk Management
• Working on delivering a high standard Collateral & Risk framework
• Ensure that deadlines set for Collateral & Risk are delivered in a timely manner
• Perform a thorough review of the final data expected to be submitted by Collateral & Risk to downstream users (e.g. Collateral Management Team).

JobRequirements:

• Risk Analyst level
• Pro-active, Good communication and business writing skills
• Very good mathematical / statistics skills
• Good market risk or/and counterparty risk knowledge
• VBA and SQL mastery
• Experience in market/counterparty risk reporting
• Previous stress testing experience and product control experience

CandidatewithlessrelevantexperienceorskillsmaybeofferedalowerGlobalCareerBandthanstatedabove.

Duetotheurgenthiringneed,candidateswithimmediaterighttoworklocallyandnorelocationneedwillbeprioritized.

You’llachievemorewhenyoujoinHSBC.

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

Requirements: