Job Description

Job description
Some careers have more impact than others.


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 62 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 experienced professional to join our team in the role of Manager - Commercial Insights and Advisory (I&A) - IRRBB


Principal responsibilities


• The role requires good understanding of (1) financial products, (2) market product specific knowledge and (3) financial /management reporting (with balance sheet focus) (4) Basel III framework.
• The role is also accountable for using the prescribed calculation engine to generate NII projections in a base or stressed environment, along with global stress-testing requirements for HSBC.
• The role is also accountable for implementing new reports as per group framework and also for ensuring adherence of reports to the guidelines - internal & regulatory.
• To produce and review the Interest Rate Risk reports for assigned geographies, which includes Economic Value of Equity (EVE) report & Net Interest Income (NII) report. The process involves liaising with various onshore team members over email and phone. The role requires good understanding of (1) financial products, (2) market product specific knowledge and (3) financial /management reporting.
• To setup QRM with the relevant parameters in order to produce NII forecasts in several economic environments
• To provide regions/sites with the information required in stress-tests
• Understand business requirements and interpret data to provide meaningful analysis to facilitate business decision-making.
Requirements
• Qualified CA (Chartered Accountant)/CWA /CPA /CFA/ MBA (Finance)/ PGDBM-Finance with at least 2+ years of post-qualification experience or commerce graduates with at least 5+ years of experience in accounting/financial reporting, management reporting, global consolidation, financial analysis within IFRS and IAS reporting framework
• Hands-on experience of Product Control reporting and reconciliation processes, or statistical/analytical surveys
• Deep understanding of Balance Sheet and P&L
• Good understanding of financial products and how they impact finance operations and more generically the banking business.
• Excellent working knowledge of MS related products i.e. Excel, Power Point, Access.
• Global Exposure: Ability to interact with multiple cultures / multi-tasking.
• Basic knowledge of SQL database (preferable).
• Knowledge of QRM is a significant plus

You'll achieve more at HSBC


HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.


•Issued By HSBC Electronic Data Processing (India) Private LTD •