Some careers open more doors than others
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.
Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our team of finance professionals partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions.
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:
- Work with various stakeholders across different functions and seniority to understand customer behaviours and pricing strategies under various interest rate environments
- Support modelling and analysis in response to and in anticipation of changing interest rates to support strategy and forecasting, including risk appetite calibration and stress testing
- Support identification of impact to earnings and capital and definition of risk management strategies
- Support the development and implementation of a robust IRRBB management framework, including non-financial risk
- Support IRRBB remediation, transformation, capability enhancement, sharing and adoption of best practice
- Support the Global Treasury ExCo for the delivery of overall business objectives. These include measures around strategic targets (Revenues, Costs, NII and NIM) as well as non-financial measures / obligations around Capital Management, strategic priorities and Risk and Compliance related topics (e.g. Conduct, operational risk).
There are 3 main IRRBB skill disciplines. The successful candidate will focus on at least 1 of the following areas:
- Controls: working with IRRBB, Finance Operations (FO) and Finance Change Delivery (FCD) to ensure we design and implement a robust control process, including a process to ensure compliance (or track exemptions) within the methodology / framework.
- Methodology: framework design, including the standardisation of our approach to measuring deposit stability, pricing betas, flooring and defining the scope of Global IRRBB measures.
- Model Design: Designing models and processes that align to the IRRBB methodology and framework. Such as pricing beta models, cashflow models and asset prepayments