Manager, Uncleared Margin Rules Valuations (IM) – Hybrid

HSBC Holdings plc; Quezon City; Hybrid; PHP 1,800,000 - 2,400,000; Full time

Job summary

HSBC in Quezon City is seeking an experienced Manager for Uncleared Margin Rules Valuations to lead MRUD IM delivery and build robust risk and collateral frameworks. The role involves cross-functional collaboration with risk analytics, collateral management, and global teams in a hybrid working environment.

The ideal candidate brings strong math/stats skills, market/counterparty risk knowledge, and hands-on experience with VBA/SQL to support regulatory margin calculations and reporting.

Qualifications

• 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.

Responsibilities

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

Skills

Pro-active attitude

Communication skills

Business writing

Mathematical statistics

Market risk knowledge

Counterparty risk knowledge

Stress testing experience

Product control experience

Tools

VBA

SQL

Job description

HSBC in Quezon City is seeking an experienced Manager for Uncleared Margin Rules Valuations to lead MRUD IM delivery and build robust risk and collateral frameworks. The role involves cross-functional collaboration with risk analytics, collateral management, and global teams in a hybrid working environment.

The ideal candidate brings strong math/stats skills, market/counterparty risk knowledge, and hands-on experience with VBA/SQL to support regulatory margin calculations and reporting.