HSBC

Manager Traded Risk

FULL TIME

October 16, 2024

Job description
Role purpose
Traded Risk function monitors, evaluates and manages market and counterparty risks impacting across the HSBC Group. It is responsible for establishing the global risk management framework for Traded Risk, and plays a key role in ensuring that the Bank is compliant with current and future regulatory requirements relating to Traded Risks and their capitalization.


This role is responsible for generating the different risk reports, as well as controlling and monitoring the market and counterparty risks incurred by HSBC Mexico, through the measurement of the risk exposures reflected in the different indicators that are compared against the limits established by the administration, with the purpose of reporting in a timely manner the aforementioned exposures, complying with the Internal Normativity and the current local regulation.
Main activities
  • Verify daily the observance of the specific limits for traded risk per business unit, risk factor and other established criteria, to generate information that allows the design of modification proposals for current limits or reduction of exposure levels.
  • Generate daily and monthly reports (consolidated and broken down by business unit and risk factor) of exposure to Market Risk, through the exposure measurement of each market risk factor against the limits established to achieve a reliable report. (Different reports are generated according to the end users: involved areas, risks and regulatory committee of the CNBV)
  • Verifying on a daily basis that all the inputs for the completion of the Traded Risk Report are ready in a timely manner
  • Backtesting report
  • Develop and improve the control measures to identify important movements of the portfolios in less time, in order to optimize and improve the analysis quality and the reports’ information.
  • Rotation in different roles of the areas with the objective of creating a standard and integral knowledge among the working group.
  • Document in detail the processes that are carried out in the market risk area of control, as well as the continuous updating and improvement to guarantee transparency in the generation reports.
  • Report immediately any deviation from the current limits for market risk through permanent monitoring that allows a timely notification to the Direction and interested areas.
  • Report the operational risks incurred by the area in the preparation of the daily report.
  • Daily process the validation of information sources of each portfolio before loading the system.
  • Send information to the infrastructure systems in Mexico, in order to obtain a Va R and with this generate timely and useful reports.
  • Comply with the internal normative guidelines, as well as SOX and current regulations
Requirements
Knowledge
  • Strong quantitative and/or business related university qualification
  • Financial Accounting
  • Knowledge of Financial Markets and Valuation of Financial Instruments
  • Regulation of Risk Management material
  • Strong technical skills (VBA, SQL, Python etc)
Abilities
  • Advanced English
  • Teamwork
  • Communication
  • Leadership
  • Work under pressure

HSBC is committed to building a culture where all employees are valued, respected and where their opinions count. We want to build a culture where our employees are comfortable in bringing their whole self to work, regardless of gender, age, sexuality, ethnicity, disability, religious belief, background, and any other aspect of personal difference. At HSBC we are oriented towards guaranteeing gender equality and constant training for our employees as well as the protection of their labor and social rights.
At HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care

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