SME-GMMO-RVQ and R (Manager Uncleared Margin Rules Valuations)

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

SME-GMMO-RVQ and R (Manager Uncleared Margin Rules Valuations)

Location:

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

Brand: HSBC

Area of Interest: Investment Banking, Markets, and Research

Role Workstyle: Hybrid Worker

Date: 23 Sept 2026

Somecareersshinebrighterthanothers.

Ifyou’relookingforacareerwhereyoucanmakearealimpression,joinHSBCanddiscoverhowvaluedyou’llbe.HSBCisoneofthelargestbankingandfinancialservicesorganizationsintheworld,withoperationsin62countriesandterritories.Weaimtobewherethegrowthis,enablingbusinessestothriveandeconomiestoprosper,and,ultimately,helpingpeopletofulfiltheirhopesandrealizetheirambitionsWearecurrentlyseekinganexperiencedprofessionaltojoinourteamintheroleof Manager 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

• 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.