Traded Risk - Senior Risk Analyst

3 days left

London, United Kingdom
£400 - £500p/d
Apr 30, 2022
May 30, 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Traded Risk - Senior Risk Analyst


Contract until end of 2022

Role Purpose / Day to Day:

This role sits under Wholesale Credit and Market Risk function and is part of the Global Risk Organisation.

The Traded Risk function monitors, evaluates and manages market and counterparty risks impacting across the HSBC Group. It is responsible for establishing the global risk management framework for Traded Risk and plays a key role in ensuring that the Bank is compliant with current and future regulatory requirements relating to Traded Risks and their capitalisation. As outlined in the Enterprise Risk Management Framework, Traded Risk's role as risk and control owners forms part of the First Line of Defence. Their role as risk stewards' forms part of the Second Line of Defence.

Traded Risk is committed to establishing innovative and globally standardised risk solutions to service our stakeholders. This is underpinned by a set of core principles:

  1. Partner with the Business to enable them to make appropriate risk/return decisions by providing an effective risk framework and capability
  2. Support, drive and embed the Bank's broader Risk Strategy, meet our Regulatory commitments, and protect the capital of the Bank
  3. Adhere to an agreed set of risk policies and activities, whilst in parallel providing bespoke solutions and ad hoc responses to regulatory and stakeholder demands
  4. Embed a Global Operating Model, supported by standardised models, processes, governance and infrastructure
  5. Ensure consistent and transparent reporting lines, providing ownership and accountability across the Global Operating Model
  6. Provide a challenging and dynamic environment to attract, retain and grow our talent
  7. Empower our data providers to succeed through an effective control framework and regular engagement, to optimise performance
  8. Establish a globally centralised Transformation capability to deliver robust risk solutions that meet both our internal and regulatory requirements

The Traded Risk Analyst is a results-driven individual with a deep understanding of risk data, process, analysis and systems who aspires to innovate, improve and embed solutions that enable effective risk management in market and/or traded credit risk.

  • Co-ordinates and conducts predominantly quantitative analysis, and performs investigations and root cause-analysis
  • Supports Risk Managers with the generation, calibration, and maintenance of risk measurement techniques and models
  • Responsible for the application of internal HSBC Policies relating to Traded Risk and supports the maintenance of the Risk Framework
  • Performs timely risk limit monitoring and provides guidance on potential breaches, with appropriate escalation
  • Provides analysis to support and inform risk decisions on trades, risk exposures and new products
  • Identifies and escalates issues to Risk Management through appropriate and targeted review and validation of risk data, controls and reporting
  • Actively participates with regulatory exercises to support regulatory engagement
  • Responsible for production of ad hoc and bespoke risk reporting, and risk-related presentation packs (and MI) for senior management
  • Works closely with Global Transformation to optimise risk measurement and analysis capability through the introduction of new technologies
  • Identifies improvements to infrastructure, including streamlining, standardising and globalising processes and reporting
  • Works closely with data providers to define data controls and the approach to assurance testing these controls
  • Interacts regularly with Global Markets Middle Office, providing an escalation point, and acts as a conduit to Risk Managers

Skills/ Experience

  • University graduate in finance, computer science or any other quantitative related degrees
  • Good knowledge of financial markets, trading business, market risk measures
  • Understanding of key risk factors for products, risk sensitivities and how they are measured
  • Good knowledge of risk calculations, VaR Backtesting, IRC, Volcker, RWA reporting and regulatory framework
  • Knowledge of Microsoft Office and software development tools (VBA, Python, etc)
  • Excellent interpersonal skills
  • Good analytical and problem-solving skills
  • Genuine interest in financial products within Traded Risk
  • Strong eagerness to learn and grow along with the capacity to work collaboratively as a team

  • CFA or FRM qualification
  • Experience in related banking area, e.g. Product Control, Front Office
  • Experience in dealing with many stakeholders and building relationships
  • Experience with analytical reporting, e.g. explanation of a transformation by decomposition
  • Up to date with current market/economic issues and an understanding of the changing regulatory landscape
  • Excellent presentation skills to brief senior management on topics and summarise key information
  • Good business analysis skills

If you think you are up for the task and feel you meet the above criteria or interested to hear more information, please contact me on

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