Investment Risk Analyst

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 3,900 offices in 67 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa.

With assets of US$2,7bn at 30th June 2019, HSBC is one of the world's largest banking and financial services organisations.

HSBC provides a comprehensive range of financial services through four global businesses: Retail Banking & Wealth Management; Commercial Banking; Global Banking and Markets; and Global Private Banking.

The HSBC Group in Luxembourg is a significant employer and operates several businesses including asset management, securities services, private banking and corporate banking.

In order to strengthen our Asset Management team, the Management Company, we are currently looking to recruit an:

Investment Risk Analyst
Permanent Contract

Role summary:

In our team you will mainly work on investment risk related matters and investment compliance monitoring of our investment funds' business, covering various fund ranges domiciled in Luxembourg and Ireland. The focus of your activities will be the identification, analysis, reporting and monitoring of the investment risks adhered to the funds. You will benefit from an international environment as you will be working closely together with colleagues from other European and Oversees offices of HSBC Global Asset Management and you will report to the Chief Risk Officer and Conducting Officer of HSBC Investment Funds Luxembourg S.A.

Your main responsibilities:

Reporting to the HSBC Investment Funds (Luxembourg) SA Chief Risk Officer, the role holder will have to:

• Support the HIFL risk team when producing and/or reviewing market, liquidity, counterparty, credit, concentration and operational risk reports on a regular basis for UCITS and AIFs,
• Escalate issues/concerns to senior management and report such results.
• Support the senior staff in the maintenance of the Risk Management Policy, Risk Management Procedures and Risk Profiles.
• Assist the HIFL risk team on producing risk reports to boards, committees and to the regulator.
• Take part in the continuous improvement of risk analysis and reporting.
• Provide oversight, jointly with the senior staff, of the Investment Advisers local risk teams in relation to the regular risk reporting, and other Investment Management/Advisers delegates, including validation of the investment advisers/managers' compliance with the risk policy and Luxembourg/Irish regulations applicable to UCITS/AIFs.
• Provide support on monitoring concentration risk (i.e. investment restrictions limits) at sub-fund level, assets eligibility assessment and assisting on ensuring that all exceptions are handled in time and efficiently.
• Maintain knowledge of the new guidelines and regulatory updates related to investment risk matters.

Professional Skills and Experience:

• University/master degree in Business/Economics/Finance/Risk Management;
• A minimum of 4 years relevant professional experience in Funds industry or in a Management company with focus on Investment Risk Management, preferably in both UCITS and AIFs.
• Good understanding of risk measurement techniques such as VaR, liquidity risk measures, tracking error, duration, etc.
• Good technical skills in financial risk management and financial instruments.
• Strong analytical, communication and relationship skills.
• Knowledge of UCITS and alternative investment funds risk management and local/European risk regulatory requirements.
• Well organized and able to work independently.
• Team player.
• Forward looking and business orientated.
• Good IT skills. VBA/SQL would be an advantage,
• Fluency in English is mandatory, both written and spoken. Other languages would be an advantage.

If you want to work in our challenging and multicultural environment and be part of a global team, please send your application letter and curriculum vitae (in English) to: luxrecruitment@lu.hsbc.com

HSBC in Luxembourg strives for true diversity in its workforce and as such we are an equal opportunities employer and positively encourage applications from all suitably qualified candidates.

Please note that due to the volume of applications received we will acknowledge your application only if we wish to proceed to interview. If you have not received a response within 4 weeks your application has not been successful

Please also note that every selected candidate will have to provide us with a valid criminal record check in due time.

For any GDPR request, please send it to: lux.data.privacy@hsbc.com