Associate, XVA Trading - Corporate & Institutional Banking

GCB 5

We are currently seeking a high calibre professional to join our team as an Associate, XVA Trading.



In this role you will:

• Provide CVA, funding, and capital pricing for derivative business
• Manage the credit executions and all credit related task (CDS mapping, generic curves etc.)
• Work as a partner with internal sales and trading desks and explain pricing assumptions and calculation to them
• Identify and implement strategies for capital optimization solutions for all asset classes
• Compute risks sensitivities, analyze and design the hedging strategies and dynamically manage the risks
• Effectively maintains various XVA risk positions whilst adhering to the Bank's risk appetite
• Reviews daily and/or monthly reports, as assigned
• Ensuring that all transactions deliver fair outcomes for our customers and do not disrupt the orderly and transparent operation of financial markets; and are in line with the HSBC Code of Conduct.

To be successful you will need:

• B.S., M.S. or PhD in engineering, mathematics, physics, statistics, computer science
• Solid experience working in a related role within banking or other financial institutions
• Solid knowledge about Credit derivative products and markets but also some knowledge on (e.g., IRS, CCS, FX, Inflation, etc)
• Strong analytical skills and technical background in mathematics, computer science or finance
• Good understanding about XVA (CFA/FVA/etc) modelling & risk management, and SA-CVA / FRTB framework is a plus
• Hard working and self-motivated
• Effective communication skills, ability and willingness to engage the business
• Delivery focused and willingness to collaborate with other teams
• Ability to multi-task and to work well under pressure, strong problem-solving and decision-making skills
• Able to understand and manage complex and diverse instruments

The employment is subject to Mandatory Reference Checking Scheme (MRCS) as per regulatory requirement. For details, please refer to ( Mandatory Reference Checking Scheme Phase 2 | The Hong Kong Association of Banks ).

Opening up a world of opportunity
http://www.hsbc.com/careers

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.

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