Manager Uncleared Margin Rules Valuations

HSBC Electronic Data Processing (Philippines) Inc.; Quezon City; On-site; PHP 700,000 - 1,100,000; Full time

Job summary

HSBC Electronic Data Processing (Philippines) Inc. is seeking an experienced professional to join our team in the role of Manager Uncleared Margin Rules Valuations.

This position focuses on regulatory MRUD Initial Margin frameworks, end-to-end delivery, and collaboration with Global Risk teams. The candidate should have strong VBA and SQL skills, solid market and counterparty risk knowledge, experience in stress testing, and excellent communication.

Qualifications

• Proficient VBA and SQL for risk reporting and automation.
• Strong understanding of market and counterparty risk concepts.
• Experience with stress testing and regulatory risk frameworks.

Responsibilities

• Review regulatory framework for Margin Rules for Uncleared Derivatives (MRUD) Initial Margin (IM).
• Coordinate End-to-End delivery of Margin Rules for Uncleared Derivatives (MRUD) IM with stakeholders.
• Contribute to development of Collateral & Risk framework for Initial Margin (IM).
• Collaborate with HSBC Counterparts, Collateral Management, Regulatory Risk Analytics, and Global/Regional Market Risk Management.
• Deliver high-quality Collateral & Risk framework outputs on time.

Skills

VBA

SQL

Risk knowledge

Stress testing

Market risk

Counterparty risk

Communication

Business writing

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

Candidatewithlessrelevantexperienceorskillsmight be offered a lower Global Career Band than stated above.

Duetotheurgenthiringneed,candidateswithimmediaterighttoworklocallyandnorelocationneedwillbeprioritized.

You’llachievemorewhenyoujoinHSBC.

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