Counterparty Credit Risk regulatory lead
- London, (GBR)
- £700 - £750 Per Day
- 3 Months
- Start date: 31 Dec 24
- Ref: HSBCJP00050128
- regulatory
- pra
- counterparty credit risk
- banking
- documentation
- credit
- commercial banking
- senior management team
- wholesale
Counterparty Credit Risk regulatory lead
Rate: Umbrella: £899.03
Location: London/Edinburgh
Duration: End of the year
Role Summary:
HSBC are currently recruiting for a Counterparty Credit Risk regulatory lead where you shall provide support with high profile regulatory submissions related to our Internal Model Method (IMM) across our key global regulators (PRA, ECB and HKMA). The candidate would assist GRPA team on the preparation of various regulatory application packs and documentation requests, including acting in a 2LOD review and challenge capacity for global regulatory self-assessments which support these applications.
Key Responsible
• Provide guidance and opine on regulatory policy.
• Preparation of responses and, where relevant, submissions to regulators.
• Prepare regulatory submissions to the regulator.
• Global and regional Market Risk Functions, Traded Risk Senior management team, GRA Regional Heads and regional Policy leads.
• Finance – Group Regulatory Policy and Regulatory Reporting teams.
• Regulatory bodies – in particular the Prudential Regulatory Authority supervisory and modelling teams.
• Work together with business experts from the Traded Risk teams and stakeholders to proactively manage and deliver regulatory opinions on model applications.
• The role holder will be expected to work with regional policy leads and Group Traded Risk teams to develop and communicate solutions to address rule changes or answers to specific policy questions and/or regulatory requirements.
• Ensure consistent and accurate regulatory submissions.
• Develop consistent policy standards across regional sites.
• Provide questions and feedback to global Traded Risk teams relating to policy, standards and documentation.
Knowledge and Experience:
• Experience in general or wholesale banking including Commercial Banking, Global Banking & Markets or Wholesale Credit
• Good knowledge of the regulatory landscape particularly relating to Counterparty Credit Risk or previous experience in a Regulatory Capital policy function
• Relevant working experience in a bank, rating agency, consultancy or advisory firm would be considered
• Experience of dealing with regulators is preferable
• Some understanding of statistics and concepts of the risk modelling process would be advantageous
• Ability to lead, manage and successfully deliver within the agreed time scale, in liaison with all relevant stakeholders: model owners, business, finance, senior management and regulator
• Strong written and verbal communication skills
• Deliver high quality work within timelines
• Flexibility to work with colleagues and key stakeholders in an international team
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.
Either apply direct! Or please contact me on amy.walker@tapfin.com.
Please note, in the event of a high volume of applications for this role, we will not be able to respond to each individual applicant. Unfortunately, if you have not been contacted within 7 days we will not be progressing with your application. Thank you for your understanding.
