ALCM - Manager

Job description

Job Advert Details

At HSBC Bermuda, we’re a trusted international organisation, offering a full range of banking services to personal and commercial customers. Our purpose is opening up a world of opportunity for our customers and employees. By joining our Finance team, you can be part of something bigger. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible. We need talent like you to help evolve and grow our business. 

In this role you will:

·  Assist the Head of Asset Liability and Capital Management (“ALCM”) with effective monitoring and reporting of key metrics, ensuring the Bank is meeting regulatory and internal requirements 
·  Ensure that Asset Liability Committee (“ALCO”) meetings are in line with internal policies and procedures 
·  Prepare components of ALCO reporting, including a detailed analysis of compliance measures, and assist in strategic decisions through the provision of timely and meaningful forward looking funding plans, strategies, transfer pricing review, regulatory deliverables, and other ad-hoc recommendations 
·  Monitor liquidity, capital, and Interest Rate Risk in the Banking Book (“IRRBB”), including review of reports prior to submission to the regulator and HSBC Group 
·  Support the business by communicating treasury and regulatory parameters in place across liquidity, capital, and IRRBB, as well as representing HSBC in meetings with external stakeholders 
·  Participate in periodic internal and regulatory driven stress-testing exercises, including the preparation of capital and liquidity adequacy assessments, contingency funding and recovery plan documents
·  Oversee and provide ad hoc support/guidance to the offshore Product Control team

To be successful in this role, you should meet the following criteria: 

·  Bachelor’s degree and professional qualification in business, finance or related discipline, ACCA/CPA/CA or CFA preferred 
·  4 years of post-qualification experience in the financial services industry 
·  2 years of banking ALCM experience, or internationally recognised banking ALCM qualification (e.g., CertBALM) and 2 years of Product Control experience
·  Solid analytical and problem solving skills, with an ability to identify key business drivers and assess how these influence results 
·  Sound verbal and written communication skills, including the ability to explain complex financial issues in clear, non-technical language to stakeholders 
·  Advanced Microsoft Office skills, including Excel and PowerPoint 

When you join HSBC, you’ll enjoy a supportive culture, a highly energised team, and have access to exciting opportunities and benefits, such as: 

·  Salary and benefits designed to give you a solid foundation for the present and future 
·  Mentoring, coaching, and training to upskill yourself, including word-class learning opportunities 
·  Flexible working environment  
·  Range of resources to support your mental, physical, and social well-being
·  Opportunities to work internationally, and join a range of Employee Resource Groups 

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