Description de l’emploi

At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger! We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.

Here in France, you will help grow our business.

In Finance department, you will be part of Product Control service who assures management, shareholders, and regulators that the global markets portfolio is correctly and consistently valued and accounted; advises on and quickly accommodates new business; all at a competitive cost. This enables shareholders to gain value from the integrity of our financial information and supports Global Markets’ cost efficiency targets. Product Control is a key control function, part of finance and independent of Front Office, responsible for ensuring the complete and accurate recording of Global Markets activities within the books and records of HSBC, in accordance with applicable accounting standards.

The Product Control team is responsible for ensuring that the daily P&L is produced and analyzed accurately on a timely basis and within daily reporting deadlines. Commentary should be provided for all material attributes of the daily P&L, including inconsistencies between P&L and risk. Quality analysis should be produced to support any requirement to adjust trader P&L and to enable effective review by Line Management.
This role has an international dimension, you will be permanently in contact with other HSBC teams in London, Krakow, or India. Also, Product Control is a key point for all market activities, that mean you will be always in relation with other Finance services but also with other business of the bank like Front Office or Back Office.

What you will do:

• Primary oversight and escalation for team specifically around the day-to-day PL production and review of Primary Trading System Sourced P&L, P&L commentary and P&L attribution within a team based across Paris, Krakow, and India.
• In addition, as owner of Accounting Risk, PC are responsible for Financial Reporting controls including Balance Sheet Substantiation and FX Sell off, providing guidance & advice across teams and keeping the FO and Group Finance abreast of any concerns around disclosure and completeness.
• Ensure that all output is produced in a timely and accurate manner, is fully reviewed before publication, and is completed to the level of industry best practice.
• Proactively drive forward a continuous improvement program for all activities including increasing efficiency and controls through procedures/systems change process.
• Work with Valuations and CFOs to deliver a single transparent view of the P&L and Balance Sheet.
• Presentation of the business view of the P&L and Balance Sheet to traders and trading management.
• Oversee the production of information on the trading desk’s funding position, ensure that all team members have appropriate training and mentoring.
• Build relationships with key stakeholders including other Product Control Functions, IT, Operations, Front Office, Group Finance, Market Risk Management and Credit Risk Management.

In this role you will:

• Driving change in the Product Control area, both strategic and tactical.
• Management and sign off month end balance sheet attestations & commentaries.
• Attend Business Control Forums and ensure effective escalation and cascade of issues in adherence to NFRO principles, ensure compliance with audit recommendation, FIM and maintenance of the control environment.

Conditions

You should apply if you have:

• Good analytical skills, supported by numerate or social science degree.
• Either Qualified Accountant supported by numerical degree, or minimum 5yrs post graduate experience working in analytical Product Control role.
• Good knowledge of the Fixed Income or/and Equities asset classes.
• Effective communication and interpersonal skills to be able to face off to management, both oral and written.
• Good skills with Office software (Excel, Word, Access), excellent relationship management skills, being able to face off with key Senior Stakeholders, such as Desk Heads, and provide summary of issues and business summaries to Senior Product Control management as and when requested.
• Demonstrated success working proactively both independently and in teams. Familiarity with operating in an environment where high levels of autonomy and accountability are the norm.
• Ambitious and motivated - a “self-starter” who is proactive and driven.
• Experience of working in a Product Control P&L function, with control focus and demonstrable understanding of the Product Control workflow.

Desirable

• IFRS accounting knowledge will be considered an advantage.
• Familiarity with Bloomberg, Summit, Calypso, Murex, Sophis, Sentry an advantage.
• MSc in numerical discipline an advantage.

Even if you feel you do not meet 100% of our qualifications, we encourage you to apply, if you believe this role is right for you.

What you’ll get in return:

Not only is HSBC a great place to work, but we also offer the following unique and exciting opportunities and benefits!

HSBC has been certified “Top Employer 2024” in Europe. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in France, Germany, Italy, Luxembourg, Poland and Spain. HSBC in France has been certified with LinkedIn Top Employer 2024 for Finance, recognizing our team as a great place to work within the Finance industry.

A unique and flexible working environment:

• Advantageous remote working agreement
• Diversity and Inclusion is at the heart of our business: joining HSBC will give you the opportunity to work in a collegiate and supportive environment
• You’ll be able to join our Employee Resource Groups that bring together colleagues with shared characteristics and common interests
• Usual local benefits (refund of transport fees at 50%, 5 weeks of paid vacation + RTT)
• Family events days off, additional maternity or breastfeeding leave, advantageous paternity leave, parental presence or dependency support leave (for child or parent with disability)
• A Time Savings Account to monetize your untaken off days (CET)

Family benefits:

• Partial reimbursement of childcare costs
• Various bonus (birth bonus, back-to-school bonus for your children up to 25, parental bonus)
• An allowance for parents of children with disabilities
• Possibility to work part-time

Financial benefits:

• A company savings plan and a savings plan for collective retirement
• Meal voucher card or corporate restaurant depending on your place of employment
• Mutual insurance for you and your family, and a pension contract to protect your loved ones
• A loyalty bonus and a long-service medal rewarding seniority
• Holiday vouchers based on your reference tax income
• CESUs (for tax purposes) if you are disabled or if you have a disabled child, spouse or parent
• A Work Council which offers, among other things, ticketing, travel, sports, legal aid, etc.

Personal development benefits:

• Access to our Degreed platform (learning platform above all, that you can use to discover learning content, develop skills, and successfully meet new business challenges)
• We’ll help you progress your career, including access to development programs, mentoring and coaching, as well as world-class training through HSBC University
• We’ll give you access to resources that support your mental, physical, and social well-being

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 - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.

If you have a need that requires accommodations or changes during the recruitment process, please let us know.

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.

For further information on building your career at HSBC, please visit: www.hsbc.com/careers