Senior Manager IRRBB Methodology and Governance

We are currently seeking an experienced individual to join this team in the role of Senior Manager IRRBB Methodology and Governance. This is a unique opportunity to work in a global bank, implementing HSBC's Interest Rate Risk in the Banking Book (IRRBB) risk management framework and strategy. In addition, this role will give you the opportunity to work in a team supporting the Global Head of IRRBB Methodology & Governance, in implementing HSBC's Interest Rate Risk in the Banking Book (IRRBB) risk management framework and strategy. Working closely with Markets Treasury, Regional IRRBB teams, Strategy Execution & Controls, Treasury Risk Management, Lines of Business, FinOPs, IT, SP&ST to improve HSBC's to continue to enhance IRRBB capabilities. In this role, you will:

• Collaborate within the Global Treasury IRRBB team, reporting to the Head of IRRBB Methodology & Governance, the role holder will provide support on all Methodology and Framework related activities, helping to shape and drive the implementation of the IRRBB risk management framework by providing day-to-day business leadership, harnessing support from Global Treasury colleagues.
• Combining subject matter expertise in IRRBB topics, together with good experience and understanding of structuring and driving large scale strategy implementation to meet business objectives.
• Supporting activities to improve the measurement and management of all material IRRBB risk, ensuring all material sources of IRRBB risks are consistently captured and measured using centrally defined methodologies and models globally.
• Supporting the implementation of the IRRBB Risk Management Framework i.e., Methodologies, Frameworks and Procedures, ensuring they meet all internal HSBC needs and regulatory needs, and input into the policy owned by IRRBB 2LOD.
• Acting as IRRBB subject matter expert for all sites globally, advising on 'best in class' ways of works for all items related to methodologies, framework, governance structures and regulation, providing valued insights to steer business decision making.
• Ensuring and promote sharing and adoption of best practice / lessons learned / continual improvement ethos.
  
  Current and demonstrable experience working within a Bank.
• Substantial experience with relevant IRRBB systems, data, and modelling infrastructure.
• Detailed knowledge of IRRBB risk management, methodologies, governance frameworks, and external regulatory environment.
• Relevant product knowledge with emphasis on banking book products, structural hedging frameworks, and associated modelling and metrics (NII, EVE etc), across a combination of regulatory requirements and optimisation initiatives.
• Collaborative, engaging and methodical; being able to bring the numbers to life/ navigate the bigger picture (e.g., presenting).
• Experience of building and maintaining strong relationships with stakeholders (at all levels of seniority).
The preferred base location for this role will be London and with a hybrid working pattern.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we're dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role. If you'd like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk

If you're looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a role that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. Finance is integral to HSBC's purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward looking analysis, accuracy, efficiency, and control to frame and influence business decisions. As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.