AVP

Job description

Overview:
Highlights of department:

The Fundamental Review of the Trading Book (FRTB) is a key strategic programme to ensure HSBC meets the regulatory requirements stipulated by FRTB. The programme covers impacts on Markets front office, Traded Risk, Product Control and interacts with the transformation as well as run the bank teams in these areas.
Responsible For:
The role sits within the Central FRTB Programme team, and plays a key role in the end-to-end planning, coordination and monitoring of FRTB implementation within HSBC.
Key responsibilities would include
 Workign with the FRTB Programme Manager, develop and maintain an end-to-end programme plan
 Identify the key dependencies and interlinkages across different projects and components delivering to overall FRTB compliance
 Track and manage the dependencies – ensuring the end-to-end requirements are identified and incorporated into the design of specific components or project outcomes
 Work with Front Office, Risk, Finance and the Global Markets Middle Office teams and support effective communication and knowledge sharing across different teams, based in multiple locations who are contributing to the programme
 Identify, manage and escalate any risks and issues to the delivery of individual components or to overall compliance
 Drive effective monitoring and governance of the programme through provision and capture of effective MI


Desired profile

Qualifications :

ESSENTIAL EXPERIENCE
 Project Management capabilities, with demonstrable experience of managing large projects involving multiple stakeholders and geographies
 Extensive experience of all aspects of Market Risk – calculation methodology, risk management and monitoring approach, and processes
 Experience of managing regulatory change in a complex, front-to-back environment
IDEAL EXPERIENCE
 Prior exposure to FRTB
 Prior exposure to Market Risk Capital calculations and management
 Understanding of current regulations in a large jurisdiction (Europe/UK)
ESSENTIAL SKILLS/COMPETENCIES
 Project Management, Business and process analysis