Valuation Control Specialist

hace 1 mes


Cuauhtémoc, Ciudad de México HSBC A tiempo completo

Overview:

In the pursuit of excellence, our Global Service Center (GSC) at HSBC is seeking a dedicated professional to fill the role of

Analyst Product Control

Objective:

We are in search of a skilled individual to become an integral part of the Product Control Valuation team, focusing on valuation issues relevant to HSBC Mexico's Global Banking & Markets division. This position will report directly to the Team Lead of Product Control Valuation and will involve significant interaction and communication across all levels of the Finance team. The role is essential in enhancing and automating processes while providing support across various departments.

Key Responsibilities:

  • Act as a primary contributor to the Valuation Policy for HSBC Mexico.
  • Engage in the implementation and automation of FRTB processes within the Product Control department.
  • Address and resolve any collateral or mark-to-market disputes with external parties.
  • Assist the Core Product Control team during profit and loss disputes related to valuation.
  • Ensure that local models are thoroughly documented, regularly reviewed by the Independent Model Review (IMR) team, and accurately recorded in the HSBC Canada Model repository (GMIS).
  • Responsible for the calculation, posting, and reconciliation of all Fair Value Adjustments related to HSBC Mexico's Global Banking and Markets operations.
  • Oversee the daily End of Day curve process essential for determining the marked-to-market values of specific asset classes.
  • Serve as the primary contact for all valuation inquiries from both internal and external stakeholders, including auditors and business partners.

Qualifications:

  • In-depth understanding of valuation methodologies for FX and Fixed Income asset classes.
  • Comprehensive knowledge of Fair Value Adjustments applicable to these asset classes, including IPV, Bid-Offer, Illiquidity, and xVA.
  • Exceptional interpersonal skills with the ability to engage with senior management, demonstrating self-motivation and sound judgment while contributing effectively in a team-oriented environment.


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