Uncleared Margin Valuation Analyst in London

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If you’re looking for a role where you can continue to make an impression, take the next step at HSBC where your contributions will always be valued.

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 individual to join this team in the role of Uncleared Margin Valuation Analyst.

The primary purpose will be to work within the Uncleared Margin Valuations team of Markets Security Services Operations. You will be expected to control, calculate, monitor, and report the BCBS 261 initial margin regulatory requirement at regional and group level. The daily exchange of Initial Margin under the BCBS 261 requirement has been Live since 01/09/2016. Hence, the requirement to engage in the extensive development and running of the end to end process flow of the daily IM exchange.

In this role, you will:

•    Review and understand the regulatory framework for BCBS 261whilst working with stakeholders on the End to End delivery of the regulatory initial margin
•    Engage in dispute resolution, investigating and resolving complex calculation problems
•    Work with Collateral Management, Front Office and Quantitative Analyst stakeholders to investigate and resolve calculation issues
•    Work as part of a global team split across 3 locations and participate in the enhancing and contributing to the governance framework maintained to manage regulatory IM requirements. 
•    Be involved in reviewing and assessing the impact of regulatory or internal changes impacting the IM calculations

To be successful in the role, you should meet the following requirements:

•    Market Risk Management experience at associate level or experience in calculating and validating uncleared derivative initial margin using the SIMM model
•    Possess an analytical mindset, the ability to work to deadlines and to manage competing priorities whilst demonstrating diligence as well as strong investigative skills 
•    Strong knowledge of the derivative products (FX, Equity and Fixed Income)
•    Self-motivated market risk management professional who enjoys learning about financial risks, collaborating within a team and interacting with the Front Office and other stakeholders on a daily basis
•    Knowledge of financial products and key market risk concepts, such as risk sensitivities, VaR, scenario analysis and capital is required

The base location for this role is London

At HSBC we look to enable our employees to better balance your work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, and working from home and staggered hours. If in considering a new role with HSBC you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.

We believe that being open to a range of perspectives and cultures is vital for our business. We work hard to ensure our diverse and inclusive workplace reflects the communities we serve. We want everyone to achieve their potential – regardless of their gender, ethnicity, disability, religion, sexual orientation or age. If you have a different way of seeing the world, we are interested in hearing from you.

HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role. If you would like to receive any information in a different way or would like us to do anything differently to help you apply for our roles, please contact our Recruitment Helpdesk: 

Email: hsbc.recruitment@hsbc.com 
Telephone: +44 2078328500

Within the workplace you have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has processes in place to avoid nepotism. This means we will avoid circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.