Assistant Manager Global Markets Product Control

Job description

Job Advert Details

Get a head start on a successful career.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our colleagues, our investors, our communities and the planet we all share.

If you’re looking for the perfect platform to jumpstart your career in Finance, join HSBC and fulfil your potential. Our programme is designed to help you grow and develop the skills needed to make a positive impact, all while working side-by-side with a network of experienced Finance colleagues across the globe.

We’re welcoming applications from talented individuals, who have graduated in 2024. Successful applicants will join a select cohort of Assistant Manager Global Markets Product Control who will undergo a 9-month program beginning January 2025.

What you’ll experience

·  Online and classroom learning sessions on the HSBC Global Businesses, our Controls, and Future Skills
·  One-on-one Mentoring
·  On-the-job Training
·  Special projects aimed at Leadership and Team Skills Development
Where we’ll bring you

Product Control

Product Control is responsible for ensuring that traded products are completely and accurately recorded in HSBC’s books in accordance with applicable accounting standards. A career in Product Control requires financial acumen, a sense for numbers, and an understanding of financial instruments, their trading systems, and their key profit and loss (P&L) drivers.

In Product Control, you will:

·  Perform the production, analysis, explanation and reporting of daily Trading profit and loss
·  Review and investigate daily exception reports, including intersystem reconciliations, trade activity monitoring, controls over accrual books and hedge accounting
·  Provide independent review, monitoring, and challenge across benchmark rate submissions made across the bank
·  Provide system administration and governance for the book opening process
·  Ascertain reasonableness, propriety and integrity of the balance sheet through reconciliation and substantiation
·  Review the operational effectiveness of the Fair and Prudent Valuation Adjustments control framework
·  Prepare reports required for regional and group reporting
·  Coordinate with internal and external auditors during regular audits 

Information

Who we’re looking for

·  Holding a degree in any of the following: Finance, Economics, Accounting, Mathematics, Sciences, Engineering
·  Graduated with honors from a top Philippine academic institution
·  Displaying a high potential for growth and a willingness to take on new challenges
·  Self-motivated with strong planning and organizational skills
·  Analytical and creative, with well-developed communication and interpersonal skills
·  Flexible and resilient
·  Aspiring to a professional qualification such as CPA, CFA, and FRM will be an advantage
·  Willing to work in shift schedules, depending on operational and/or business requirements
You’ll achieve more when you join HSBC.

www.hsbc.com/careers 

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 Hong Kong and Shanghai Banking Corporation Limited Philippines