Head of Counterparty Credit and Market Risk Weighted Assets

Head of Counterparty Credit and Market Risk Weighted Assets

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

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 are currently seeking an individual to join this team in the role of Head of Counterparty Credit and Market Risk Weighted Assets.

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.

This is a high visibility role as you will be accountable for CCR and MR RWAs reporting for HSBC Group consolidated, HSBC Bank plc and HSBC UK Bank plc PRA regulatory submissions and disclosures.

This includes presentation of results to a number of senior stakeholders including the Group Financial Controller, Group Head of Regulatory Reporting, HSBC Bank plc and HSBC UK Bank plc Financial Controllers.

In this role you will: -

• Manage the teams’ interaction and relationship with key internal stakeholders including Markets Securities Services Capital Management, Risk, Finance Change, Policy as well as regulator requests.
• Drive an elevated level of control standards and controls environment including playing a leading role in implementation of IRR outcomes which is a key priority for the bank.
• Manage a number of Group senior leadership relationships, work with teams across geographies, on multiple products, and systems thereby helping develop strong leadership, communication, stakeholder and project management skills.

In addition to the above, you will be responsible for: -

• • • Global Production and Reporting of Counterparty Credit & Market Risk Weighted assets in HSBC’s regulatory submissions to the PRA as well the external disclosures.
    • Managing the production and review of CCR & MR RWA data for COREP, Pillar 3, GSIB, PRA Stress testing, Leverage exposure reporting to the PRA (Prudential Regulatory Authority).
    • CCR exposures data for Large Exposures reporting, providing necessary oversight, in-depth reviews of output and presenting to the Group and HBEU Wholesale Risk management team.
    • Providing the supervision for regional CCR RWA production for HKMA, ECB, US Fed and MENA reporting. Lead interactions with all the Regional Finance or legal entity teams.
    • Leading the implementation of uplifts under the Integrity of Regulatory Reporting (IRR) program for CCR and MR and the supplementary processes including GSIB, Leverage and Large Exposures reporting which is a key priority area for the bank.

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

• Demonstrable experience of regulatory reporting across PRA RWA and leverage reporting.
• Markets Product Knowledge will benefit the role holder.
• Experience of managing sizeable teams across multiple geographic locations demonstrating influencing and motivational skills.
• Ability to manage and prioritise multiple demands from stakeholders and conflicting priorities.
• Ability to manage critical decisions in often time pressured situations.
• Qualified Accountant or QBE with strong PRA Regulatory Rule book knowledge specially around trading book exposures.

The base location for this role will be London and with a hybrid working pattern.

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: [email protected]
Telephone: +44 207 832 8500