Interest Rate Risk of the Banking Book Analyst

Job description

Job description

Interest Rate Risk of the Banking Book Analyst

The jobholder is responsible for supporting Interest Rate Risk of the Banking Book for Mexico. Self reliance and the ability to work unaided are essential to the role. The jobholder also requires capacity to identify errors in the processes and should have a clear logic and structure thinking to be responsible of the Business as Ussual process and reporting for HBMX. The type of work requires initiative and drive.

Activities 

·         The role and the key responsibilities of the candidate are:

·         Ensure that the structural interest rate risk in the banking book is appropriately approved, valued and controlled within approved limits.

·         Ensure the correct execution and distribution of all reports implemented by Global Treasury for the assessment of interest rate risk in the banking book and the completeness of the Risk Buy-in process.

·         Estimation of Liquidity Premium and Liquidity Recharge distribution along the business lines.

·         Estimation of break funding cost across all products

·         Monitor behaviouralisation models for assets and liabilities

·         Work with Business Lines to understand the impacts of business initiatives on IRRBB management

·         Responsible to MX and LAM Head of Global Treasury; other unctions (Liquidity and Funding, Recovery and Resolution Planning, Capital Management); Markets Treasury; Second Line of Defence and all Finance departments

·         Leadership & Teamwork

·         Provide insight to Bank’s Senior Management through management information and make recommendations to support the effective management of interest rate risk in the banking book.

·         Maintain and develop productive relations with other Finance teams and Business teams

·         Collaborate with onshore and offshore teams

Requirements

Knowledge & Experience

Knowledge.

·         Strong knowledge IRRBB and bank´s balance sheet movements

·         Strong knowledge related to Transfer Pricing and Liquditiy Premium

·         Interpersonal skills and ability to liaise with senior management, a self-motivator, able to use good judgment and exercise independent decision making ability while contributing to a team environment.

 

Abilities:

• Advanced English

• Teamwork

• Communication

• Leadership

• Work under pressure

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.

"Within HSBC certain roles require additional verifications. For roles, all these candidates are required to satisfactorily complete a series of additional checks, both during the selection process, and, if successfully recruited, their permanence in said role. Each case will be evaluated in a particular way with respect to the consequences of the results obtained in the verifications carried out.This role requires additional verifications. For more information about additional verifications, please contact the Human Resources team."