Senior Traded Risk Stress Testing 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 is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions. We‘re currently seeking an experienced professional to join our team in the role of Senior Traded Risk Stress Testing Manager. The Stress Testing Senior Manager is an innovative and results-driven individual with a deep understanding of financial instruments in the context of both market and traded credit risk frameworks. They will have extensive experience as market and/or counterparty risk manager and good understanding of stress testing within the Risk Management and Regulatory landscapes. The role holder will be responsible for driving the enhancement our stress testing analytical and reporting capabilities to support the integration of strategic state architecture into BAU risk management framework and alignment with industry best-practice. The role offers the opportunity to interact with a wide range of stakeholders across HSBC including Traded Risk Management (both Market and Credit), Treasury Risk, Front Office, Group Risk Analytics, various Finance teams. As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution. In this role you will: • Ensure that the Traded Risk Stress Testing is appropriately defined and scoped, promoting and implementing synergies and efficiencies while securing an optimal and best in class risk framework • Transform Senior Management strategies and questions into practical stress testing processes to inform risk-reward decisions • Identify exposures or topics of concern arising from the stress testing exercises, and escalate to risk managers for further review and discussion • Challenge control and risk owners to ensure that risk vulnerabilities are identified and monitored via stress testing. • Respond to and, when required, interact directly with regulators on Stress Testing within Traded Risk management topics To be successful in this role you should meet the following requirements: • Experience of Regulatory and BAU stress testing across Traded & Treasury and/or Counterparty Credit risk types • Strong knowledge of risk-related regulations, their application/impact in banking industry and a specific understanding of key capital regulations • A track-record of interacting with regulators and managing regulatory interaction, with the UK, ECB, and Hong Kong regulators a particular benefit • Strong interpersonal skills that supports the ability to work in a dynamic environment with proven ability to handle multiple outputs at one time • Excellent business writing, communication, presentation and influencing skills • Very good understanding of financial products including derivatives, macro-economics, econometrics and financial markets Opening up a world of opportunity. 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 - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role. If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk: Email: hsbc.recruitment@hsbc.com Telephone: +44 207 832 8500