Associate Director, Securities Finance Quant Risk Manager

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. 

HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

We are currently seeking an experienced Associate Director, Securities Finance Quant Risk Manager to join the desk in London.

The role holder will also ensure the HSBC values are present in everything they do, both individually and as an organisation. This will be achieved by consistently displaying the behaviours of: Dependable and do the right thing, Open to different ideas and cultures, Connected to customers, communities, regulators and each other.

Responsibilities:

- Provide “first line of defence” risk management for the Securities Finance, FX Prime Services and Derivatives Clearing Services (DCS) businesses.
- Manages the firm’s exposure to clients by setting appropriate margin levels, controlling the amount of financing provided, negotiating strong risk terms with clients including term financing arrangements, setting appropriate client-facing limits, and proactively monitoring the risk within the portfolio.
- Contribute to the development, calibration and maintenance of risk and margining methodologies for the Securities Financing business across all products.
- Enhance capability of the current model suite and create new analytical tools to support risk management decision making and tactical margining solutions for client strategies.
- Work on large scale of data and build tools that will allow the business to generate new risk management insights from existing data, including early warning risk indicators and creation of ad-hoc or periodic reports.
- Ensure that the business has robust and comprehensive tools for measuring its risk.
- Help develop compelling margining solutions for clients as the business expands its offering to new products.
- Develops products/solutions that are both sound from a risk management perspective and attractive to clients.
- Maintain a thorough knowledge of the product area including market liquidity and volatility, pricing and trading strategies.

- A Markets background and an understanding of how to measure and manage the market risk of derivatives contracts, across all asset classes. 
- A good understanding of counterparty risk and hedge funds in particular, with hands-on experience of managing client default situations a particular assets.
- Proven working experience in quantitative/statisitical modelling and extesnsive data analysis skills 
- Strong communication skills and experience in stakeholder management across different functions (Front office, Risk, Audit, Model Validation and Model Risk)
- Solid knowledge in Python or R, SQL and experience in dealing with market data (Bloomberg/Reuters) 
- Able to manage time and balance multiple priorities effectively and understanding regulatory rules and model governance standards.

The location for this role is London.

Within HSBC certain roles are designated as Enhanced Vetting Roles. For these roles, all internal and external applicants are required (subject to local laws), to pass satisfactorily a series of additional checks both as part of the application process and, if successfully recruited into the Enhanced Vetting role, on an on-going basis. The Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are first carried out as part of this recruitment exercise, and/or if relevant, on an on-going basis.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse. 

Email: hsbc.recruitment@hsbc.com /

Telephone: +44 207 832 8500