Market Risk Operations Role - Traded Risk Team

The Traded Risk Team is one of the teams within Wholesale and Market Risk [WMR]. Group WMR reports directly to the Group CRO and is responsible for the approvals, policies, portfolio management and reporting on the Group's Wholesale and Market Risk exposures. Group WMR also works with Regional WMR functions across Global Risk to ensure functional consistency and delivery across all group offices.

The Traded Risk Offshore Team is currently based out of GSC Bangalore and Manila providing support to a number of Risk functions/teams across the Group. The teams are responsible for Market Risk Control, Market Data management for Scenario and Stress Calibration, etc., and support HBUS, HBEU, HBAP, HBFR and HGHQ (Group Risk). Activities undertaken include :

- Management and monitoring of market risk exposure.

- Analysis and reporting of market risk calculations to traders, risk managers, senior management and regulators

- Management of market data and generation of risk model parameters such as VaR, PFE, EEPE

- Analysis and rating of country risk where HSBC has any exposure

- Calculation and earmarking of risk in our credit and market risk systems as required

- Review, validation and improvement of risk calculation and management models

- Collation of Risk related MI and preparation of Stress Testing and Back testing governance committee packs

The WMR Offshore Global Lead for Aggregation & Stress Testing role is to lead and operationally manage a Global Support team for the cross asset class across GSC Bangalore and Manila. The Role Holder is expected to be the - face- of WMR Offshore to on shore stake holders for all Aggregation & Stress Testing related matters and ensure operations are carried out in a synchronized, controlled and highly time sensitive work environment. The Role Holder should actively drive growth in the team's capabilities, deliver individual training / mentoring and develop talent. The Role also has a significant element of relationship management with Group Traded Risk (Market and Counterparty Credit) on shore teams and other relevant stakeholders.