Job description Posted 16 January 2023
Competitive rate of pay
London – hybrid working
6-month contract

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential. Whether you want a career 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. We are currently seeking an experienced individual to join this team in the role of IRRBB BA/PM  

Role Purpose / Day to Day:

Global Treasury (GT) is leading the implementation of HSBC’s Interest Rate risk in the Banking Book (IRRBB) Strategy, in accordance with principles agreed with the Group Board.  We are in the process of building out a programme to continue to drive the implementation of the strategy alongside regulatory commitments and are recruiting project managers to drive some of the key workstreams. This is a visible and high priority programme at Group level and consists of a number of delivery pillars in accordance with the components of the strategy.  It has short-, medium- and long-term objectives to achieve a desired level of NII stability while balancing the demands on capital, and success will result in material benefits for Group Revenue and Capital.  The programme is required to move at pace with multiple strands and parallel deliveries on both a tactical and strategic basis.

The successful candidates will be responsible for driving delivery with a hybrid PM & BA skillset for the Risk Appetite and Governance workstreams, in support of GT IRRBB and Transformation teams, ensuring implementation of the strategy is driven with the appropriate swiftness, structure, governance and traceability.  Delivery will span teams across Global Treasury, Finance Change Delivery and functional areas and will cover frameworks and capabilities delivering industry-leading capabilities in IRRBB management.

The PM/BAs will be responsible for driving enabling design and decisioning for initiatives, working as part of the delivery teams to:
  • Engage with senior stakeholders and successfully mobilise across RTB and CTB teams to define business requirements and deliver against target outcomes
  • Design and implement capabilities to establish and manage against the target risk appetite, implementing CTB and RTB workstreams and governance to achieve objectives.
  • Design and embed effective governance to support effective IRRBB management and escalation
  • Working closely with project and functional teams across IT, Risk and Finance.
  • Design, enhance and implement effective systems, processes and controls to support requirements
  • Make recommendations to influence decision making in order to maintain progress towards outcomes and benefits realisation

  • Strong project management and business analyst skills covering the whole project lifecycle from initiation to closure, including delivery in waterfall, agile and hybird methodology
  • Strong subject matter knowledge of Treasury IRRBB risk management and governance
  • Good understanding of the broader business considerations affecting IRRBB, with ability to translate complex concepts into programme artefacts  
  • Good understanding of systems and data architecture in Treasury, risk and/or Finance environments, with ability to bridge the communication between business stakeholders and Technology and Data teams
  • Risk Appetite / Governance experience
  • Strong execution and problem solving skills
  • Strong stakeholder management skills
  • Ability to present information in a professional manner, including preparing documents for review by C-level audiences
  • Excellent written and verbal communication skills to C-level audiences
  • Personal ownership of target and resolution of issues
  • High degree of motivation and commitment
  • Ability to deal with change in role and working environment
  • Team player and able to manage conflict and conflicting priorities
  • Ability to provide direction to more junior colleagues

  • Minimum 10 years of experience in Financial services and project delivery
  • Project experience across IRRBB, ideally with exposure to effective risk management and governance with operational familiarity
  • Experience in change management, driven by IT systems implementation or enhancement, across a large organisation, including agile delivery frameworks
  • Strong people management and communications skills, providing information to senior stakeholders effectively

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