Wholesale Credit and Market Risk (WMR) is the central point for matters relating to traded credit and market risk within the Group. This includes the design, development and implementation of traded credit and market risk policy and systems. WMR is also responsible for reporting the Group's consolidated market risk exposures and has a delegated authority from the Group's Risk Management Meetings (RMM) to approve market risk limits throughout the Group.  Role :-  The successful candidate will work closely with the on-shore & regional teams, to carry out the following activities:  - Preparation and analysis of accurate and timely daily market risk and Consolidated reporting and analysis, for MI and regulatory purposes with a global remit e.g. sensitivities, VaR, Stressed VaR (SVaR), Incremental Risk Charge (IRC), etc. The main customers of the consolidated reports are the Regulatory Finance team (for capital & RWA reporting) and senior market risk management  - Analytical review and explanation of movements to stakeholders (60% analytical review, 40% reporting) on reporting supported out of the offshore team.  - Consolidate Risk Management Committee packs  - Review & monitor limit mandates  - Model Performance review - specifically VaR back testing, hypothetical portfolio back testing. Preparing back testing packs for Europe & Middle East region and providing inputs to the Global pack.  - RWA reporting - MI pack for Market Risk RWA requirement  - Assisting the team in coordinating and following up with sign off from Market Risk managers of respective desks and/or regions.  - Computation of Maximum Stressed VaR period, globally.  - Ad hoc regulatory projects (Stress testing, FRTB, HPE etc)  - Continuous process improvement  Knowledge, Skills and Experience requirement :-  - Qualification in finance, accountancy, business management or previous experience in risk management (Market Risk and Credit Risk) is essential.  - Experience of 10 years and above  - Highly competent in the production of information, and the ability to process and analyse large volumes of data.  - Excellent communication skills  - Excel and VBA skills are a pre-requisite  - Ability to work under pressure and to tight time-lines is essential  - A detailed understanding of the credit risk measures like PD, EAD, LGD, Expected Loss, Unexpected Loss and credit risk concepts like counterparty credit risk, credit derivatives.  - An understanding of market risk measures such as present value of a basis point (PVBP) and VAR, or detailed understanding of the valuation of capital markets and derivative products is desirable.

Bangalore

HSBC - Assistant Vice President - Wholesale Credit & Market Risk 

HSBC - Assistant Vice President - Wholesale Credit & Market Risk  ,Job Description for HSBC - Assistant Vice President - Wholesale Credit & Market Risk  in HSBC in  Bangalore for (10-14) years of experience. Apply Now!

Job Description for HSBC - Assistant Vice President - Wholesale Credit & Market Risk  in HSBC in  Bangalore for (10-14) years of experience. Apply Now!