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If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. 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.
Global 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 global 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.
We are currently seeking a high calibre professional to join our team as Senior Valuations Manager, Equity – Global Finance.
Responsible for the production through a team of controllers for
All Independent Price Verification, Fair Value Adjustments and Prudent Valuation Adjustment balances
Methodologies and documentation;
Monitoring model restrictions and recommendations
Large or Structured Trade Reviews
Engagement with Equities core Product Control to ensure that the valuation conclusions are accurately reflected in the books and that the communication with the business is seamless and consistent
Keep up to date with any core Product Control production issues
Ensure that the governance and controls of fair value is adhered to. Prepare for and contribute to the valuation committees that opine on fair value for the business areas concerned
Drive the methodology and implementation of FVAs, IPV and PVA changes, keep abreast of industry information, engage the business on all matters regarding Equities valuations and be the principle contact for internal and external audit
Ensure Valuation FIM requirements and other applicable accounting or regulatory standards are met. Liaise with Internal and External audit and regulators where necessary
Work to ensure consistency in policies and standards across sites/teams and implement strategies to improve consistency where it is not already in place
Identify, communicate and drive resolution of issues; whether people, process or system
Maintain focus on process optimization and identify opportunities to enhance cost efficiency where possible, e.g. automation, outsourcing, centralization etc.
Review results of other daily control such as off-market rates checking, collateral disputes and permitted instrument monitoring to form an opinion on our valuation
Prior Valuation Control experience working with Equity products, both prime brokerage and exotic equity derivatives.
Excellent written English and oral communication skills.
Good understanding of Financial Markets, risks and changing regulatory environment such as products traded, associated risks, including the greeks, and their life cycle, accounting principles, valuation techniques, Volcker.
Work independently with minimum guidance and able to work under pressure to meet tight deadlines.
Excellent analytical skills and a proactive approach to problem solving.
Excellent interpersonal skills and able to work with people across location and from different backgrounds.
Ambitious, driven and enthusiastic.
Advanced MS Excel, Python, or other Data Science tools.
To be considered for this role, the relevant rights to work in Hong Kong is required.
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Issued by The Hongkong and Shanghai Banking Corporation Limited.
HSBC is one of the world’s largest banking and financial services organisations. We serve more than 39 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. Our network covers 66 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.
We aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and ultimately helping people to fulfil their hopes and realise their ambitions.
Whether you are looking for a first job or taking the next step in your career, we offer many ways for you to realise your ambitions. Come and work with us and you'll have opportunities to make connections all over the world and help build the bank for the future.