Vice President Global Risk Analytics

HSBC Holdings plc; New York (NY); On-site; USD 140,000 - 210,000; Full time

Job summary

HSBC Holdings plc is seeking a quantitative professional to lead traded risk analytics across multiple asset classes, including equity derivatives, fixed income, FX and commodities. You will develop and enhance risk methodologies underpinning stress testing, CVA and VaR within a highly regulated environment.

You’ll build and validate models, monitor performance, and ensure governance with Basel and other regulatory requirements, communicating complex topics to regulators, traders and risk teams.

Qualifications

• Strong quantitative risk expertise in traded risk analytics across asset classes.

Responsibilities

• Develop, enhance, validate and document traded risk methodologies across multiple asset classes
• Strengthen approaches supporting regulatory stress testing, market risk and regulatory capital measures
• Improve methodology coverage for CVA, VaR and risk-weighted assets within traded risk analytics
• Monitor model performance and run ongoing assessments to evidence suitability and limitations
• Govern model methodology changes including documentation and controls aligned to regulatory expectations
• Investigate issues and weaknesses, identify root causes and recommend targeted enhancements
• Deliver ad hoc quantitative analyses including stress testing, what-if analysis and portfolio reviews
• Assess risk impacts for new products through quantitative review and appropriate testing

Skills

Quantitative risk

Traded risk analytics

Regulatory stress testing

CVA VaR Basel

Model monitoring

Communication with regulators

Python

C/C++

VBA

Tools

Polypaths

Calypso

Summit

Job description

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC, we use our unique expertise, capabilities, breadth, and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities, and the planet we all share.

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

The Opportunity

This role focuses on traded risk analytics across multiple asset classes including equity derivatives, fixed-income and interest-rate derivatives, foreign exchange (FX) and commodities. You’ll develop and enhance risk methodologies that underpin regulatory stress testing, market risk and capital-related measures including Credit Valuation Adjustment (CVA), Value at Risk (VaR) and risk-weighted assets. The role sits in a highly regulated environment where methodology quality, documentation and governance matter. Success means risk models and methodologies are well evidenced, well monitored and aligned with Basel and other regulatory requirements. It also means issues are investigated quickly with clear recommendations that improve performance and control. You’ll bring quantitative insight to stress testing, portfolio reviews and assessments of new products.

What you'll be doing

• Develop, enhance, validate and document traded risk methodologies across multiple asset classes
• Strengthen approaches supporting regulatory stress testing, market risk and regulatory capital measures
• Improve methodology coverage for CVA, VaR and risk-weighted assets within traded risk analytics
• Monitor model performance and run ongoing assessments to evidence suitability and limitations
• Govern model methodology changes including documentation and controls aligned to regulatory expectations
• Investigate issues and weaknesses, identify root causes and recommend targeted enhancements
• Deliver ad hoc quantitative analyses including stress testing, what-if analysis and portfolio reviews
• Assess risk impacts for new products through quantitative review and appropriate testing

What we're looking for

• Bring strong quantitative risk expertise in traded risk analytics across multiple asset classes
• Apply established knowledge of equity derivatives, fixed-income and interest-rate derivatives, FX and commodities risk
• Demonstrate experience developing, enhancing, validating and documenting risk methodologies in regulated settings
• Show capability across regulatory stress testing, market risk, CVA, VaR, regulatory capital and risk-weighted assets
• Evidence hands‑on model monitoring, performance assessment and governance including issue investigation
• Apply Basel and other regulatory requirements when evaluating methodology design and enhancements
• Communicate complex quantitative topics clearly with regulators, business heads, traders, quants, model validation, risk and technology teams
• Build and implement risk models using Python, C/C++ or VBA with exposure to risk platforms such as Polypaths, Calypso or Summit

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry‑leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

All qualified applicantswill receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.