Description de l’emploi

At HSBC, we’re a trusted international organization with a global customer base of around 39 million customers worldwide through a network that covers 62 countries and territories. In Europe, our ambition is to become the leading international wholesale bank and we need talent like you to help us meet our ambition. Whether you want a career that could take you to the top or in an exciting new direction-we offer opportunities, support and rewards that will take you further.
Here in France, you’ll help evolve and grow our business.
The role Senior Manager IRRBB offers the successful candidate an opportunity to work in a team supporting the HBCE Head of ALCM in delivering high-quality reports on IRRBB to the regulator, in being a trusted partner to the HBCE businesses in managing IRRBB, and to implement HSBC’s Interest Rate Risk in the Banking Book (IRRBB) framework and strategy. The new IRRBB strategy will increase NII stabilization whilst reducing core capital sensitivity and result in further improvements in risk monitoring and management.
Working closely with Markets Treasury, Group IRRBB teams, Treasury Risk Management, Lines of Business, FinOPs, IT, SP&ST to improve HBCE’s current IRRBB capabilities considering the strategy and deliver a planned book of work to remediate identified compliance gaps.
The role holder will ensure that the HBCE IRRBB strategy and governance framework is delivered in a timely fashion in a collaborative and constructive working environment, ensuring sustainable success via a robust conduct and regulatory framework.
What you’re going to do:
• Working within the HBCE ALCM IRRBB team, reporting to the HBCE Head of IRRBB, the role holder will provide support on all methodology, procedures and governance related activities, helping to shape and drive the implementation of the new IRRBB strategy by providing day-to-day business leadership, harnessing support from Regional and Global Treasury colleagues.
• The role holder will combine strong subject matter expertise in IRRBB topics, together with good experience and understanding of structuring and driving large scale strategy implementation to meet business objectives.
• Providing support to the Head of IRRBB to enable measured and informed decisions around the required trade off in entity financial resources to achieve the desired level of NII stabilization.
• Working collaboratively with colleagues within the regional and group Treasury Function to define a consistent and comprehensive IRRBB strategy, governance and steering approach.
• Supporting the implementation of the new IRRBB strategy, and governance framework, defining IRRBB risk appetite and be responsible for regulatory interpretation and engagement.
• Providing support to the Head of IRRBB to define and implement optimal governance and decision-making forums ensuring clear accountabilities for reporting and managing IRRBB, and input into the policy owned by IRRBB 2LOD.
• Supporting activities to improve the measurement and management of all material IRRBB risks and propose IRRBB risk appetite.
• Supporting and partially leading the work on regulatory deliverables and ad-hoc requests in close cooperation with Treasury and other Finance functions
• Working with business and Treasury functions to support efficient and policy compliant transfer pricing framework.
• Ensure and promote sharing and adoption of best practice / lessons learned / continual improvement ethos.
• Support effective management of capital whilst operating within a strict control environment / limit framework and in doing so, optimising profitability.
• Ensuring Treasury senior management are kept informed of all key financial / non-financial issues / developments impacting the business by way of acting as a key point of escalation and if required, play a critical part in any subsequent remediation efforts.

Impact on the Business / Function
• Ensuring focus on strategic delivery for IRRBB management, regulatory reporting and the delivery of regional and global strategy.
• Operations: Close cooperation with FinOps ton ensure timely and accurate deliverables.
• Commercial: Focus on delivering strong commercial goals and objectives at HBCE level, contributing to strategic plans.
• Delivery: Managing transformation activities to achieve specified standards, results, and outputs.
• Liaise with all regulatory parties internal and external as required.

Customers/Stakeholders
• Networking, developing, and nurturing key working relationships within our stakeholder community (Regions/Countries/Functions/Global Businesses) by anticipating and identifying their needs.
• Regulator/external and Internal bodies: Building and maintaining relationships with external and internal partners, regulators, industry bodies and others to keep up to date with developments.
• Help to represent the function at governance committees and forums to ensure that key objectives are prioritised appropriately.
• Help to deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets
• Critical in ensuring operative efficience within the agreed risk appetite and in full compliance with all Regulations and Group requirements.

Leadership and Teamwork
• Develop and communicate a clear vision that is aligned to the overall HSBC vision, Values and goals, and inspires and engages people to create an inclusive, high performing, “customer” acentric culture
• Set expectations, share best practice and manage, monitor, coach and develop staff / colleagues to ensure that they maximise their performance, meet the required standards, and continuously develop their capabilities and experience.
• Encourage constructive cross-country and cross-business teamwork by demonstrating collaboration and matrix management in action and taking prompt action to address any activities and behaviours that are not consistent with HSBC’s diversity policy and/or the best interests of the business and its customers

Operational Effectiveness and Control
• Lead the continuing development, implementation and improvement of the processes, structures, capabilities, capacity and infrastructure needed to deliver agreed plans and targets, collaborating with colleagues to maximise end to end integration, effectiveness and efficiency.
• Establish and maintain a robust and efficient control environment to ensure good operational, financial and project management and compliance with HSBC policy and procedures, together with early identification and effective resolution or escalation of issues that arise.
• Lead the development, implementation and maintenance of management information, analysis and reporting framework that supports timely and effective business management and decision making at all levels.
• Lead the implementation and oversight of policy and governance frameworks, procedures, practices and standards to ensure quality, effective risk management and regulatory compliance.

Observation of Internal Controls (Compliance Policy/FIM requirements)
• The jobholder will adhere to, and be able to demonstrate adherence to, internal controls and will implement the Group compliance policy by adhering to all relevant processes/procedures
• The jobholder will implement the Group compliance policy by adhering to all relevant processes/procedures. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply.
• This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators. Through the implementation the Global AML, Sanctions and ABC Policies, supporting Guidance, and Line of Business Procedures the jobholder will make informed decisions in accordance with the core principles of HSBC’s Financial Crime Risk Appetite
Management of Risk (Operational Risk/FIM requirements)
• The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation
• This will be achieved by consistently displaying the behaviours that form part of the HSBC Values and culture and adhering to HSBC risk policies and procedures, including notification and escalation of any concerns, and taking required action in relation to points raised by audit and/or external regulators
• The jobholder is responsible for managing and mitigating operational risks in their day-to-day operations particularly in the delivery and embedded end-state of Transformation actvity. In executing these responsibilities, the Group has adopted risk management and internal control structure referred to as the ‘Three Lines of Defence’. The jobholder should ensure they understand their position within the Three Lines of Defence, and act accordingly in line with operational risk policy, escalating in a timely manner where they are unsure of actions required.

Conditions

Apply if you feel you match these skills.
• Degree level education preferably with a professional qualification and with substantial experience (ideally 5 years+) in a Treasury business environment.
• Experience with relevant IRRBB systems, data and modelling infrastructure as well as product knowledge with emphasis on banking book products, structural hedging frameworks and associated and metrics (NII, EVE etc) would be helpful
• Understanding of broader treasury operations and banking issues - Liquidity, funding and cash management, capital, transfer pricing would be helpful.
• Good understanding of financial models, with experience of analysing data effectively for stress testing, forecasting, and reporting would be helpful.
• Proven experience and ability in resolving complex issues; strong communication and inter-personal skills;
• Ability to communicate in an effective and professional manner with senior management.
• Understands and embraces the need for diverse and inclusive cultures, reflecting the profile of our internal and external stakeholder community.
• Inspires and delivers high performance in respect of implementation of change, articulation of business impact and engagement of stakeholders, within a complex matrix structure.
• Clear communicator of complex issues across a wide range of diverse stakeholders - across geography, discipline and the governance chain.
• Strong team player with refined interpersonal skills - flexible in working and interpersonal style; connect with others across reporting lines, across functions, across markets.
• Strategic thinker with strong analytical and project management skills.
• Excellent team player with proactive and self-motivated attitude and ability to think and act independently.

Even if you feel you do not fit 100% of our qualifications, we encourage you to not let this hold you back from applying if you believe this is the role for you.

What you’ll get in return:
• We’ll help you progress your career, including access to development programs, mentoring and coaching, as well as world-class training through HSBC University.
• You can work your way and will have a say in when, where and how you and your team flexibly work together.
• Our flexible benefits will give you financial security, including employer-funded pension, Holiday vouchers based on your reference tax income. Our family-focused benefits can help you to support your loved ones, including partial reimbursement of childcare costs, allowance for parents of children with disabilities, days off for key events (weddings, moving house),
• We’ll give you a huge range of resources that support your mental, physical and social well-being, including free access to Headspace app, health checks, 5 weeks paid vacation.
• You’ll have opportunities to work internationally - this can be your place to start and branch out to anywhere we have offices.
• You’ll be able to join our Employee Resource Groups that bring together colleagues with shared characteristics and common interests.