Job
Description
For a career where you can make a real impression, join HSBC and discover how valued you'll be. HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfill their hopes and realize their ambitions. We are currently seeking an experienced professional to join our team in the role of Assistant Vice President Traded Risk Assurance. **Principal Responsibilities:** - Support in the definition and scoping of the Traded Credit Risk Assurance function, promoting and implementing synergies and efficiencies while securing an optimal and best-in-class control environment. - Challenge the first line control and risk owners to ensure that risk management activities are working effectively for Traded Credit Risk. - Provide subject matter expertise, advice, guidance, and effective challenge to the Risk and Control Owners. - Monitor compliance of the minimum requirements applicable to the management of Traded Credit Risk, as set out in relevant policies. - Report on the risk and control profile, including impacts of external environment changes, emerging risks, and changes to the business strategy. - Work with the business to understand the impact of emerging risks that require changes to controls, resources, and business operations to ensure they remain within appetite. - Support the definition of the Risk and Control Library, including minimum control standards, specifying key risks and key controls, and providing guidance on continuous monitoring expectations. - Recommend Risk and Control Assessment (RCA) scoping, and challenge where this is not appropriately applied in the Risk and Control Assessment; and challenge Risk and Control Owners on risk and control management. - Work closely with Internal Audit (INA) to understand the outcomes of their reviews and how this affects the control environment. **Requirements:** - CA / MBA in Finance or Masters in a similar and relevant field. - At least 5 years of work experience in a Big4 / Financial services firm in the area of internal audit, assurance, or traded risk management. - Good working knowledge of counterparty credit risk reporting requirements and regulations. - Practical experience of counterparty credit risk management & control within a financial institution. - Ability to provide independent and effective review and challenge of key counterparty credit risk processes including regulatory reporting. - Good understanding of assurance techniques obtained in a Big 4 accounting firm or internal audit department of a financial institution. - Ability to challenge stakeholders at various levels and build relationships with a diverse range of stakeholders. Join HSBC and be part of a culture where all employees are valued, respected, and opinions count. HSBC is committed to 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 HSBC Electronic Data Processing (India) Private LTD**,
