Liquidity Risk Manager

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency,geopolitical, operational, credit, pension, insurance, financial crime and regulatory compliance, market and reputation risks. All parts of the Global Risk team use their skills, insight and integrity to handle established threats and those they see emerging,acting to protect and enable HSBC to deliver sustainable growth.

We are currently seeking an ambitious individual to join our team as Liquidity Risk Manager, working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

Role also requires a fundamental understanding of all business line activities and their impact on the liquidity position of the bank.

In this role, you will:

- Execute a comprehensive and granular programme of liquidity second line of defence, working closely with Global Treasury ensuring appropriate measurement, monitoring and management of liquidity and key liquidity metrics
- Provide independent and effective review and challenge of key Liquidity processes (including ILAAP, Recovery and Resolution Planning) and liquidity programmes of work
- Review stress testing processes as it pertains to liquidity including but not limited to the scenarios that are chosen for the stress tests and assumptions made on liquidity of both assets and liabilities. Perform and document independent analysis on theassumptions to ensure independent viewpoint. Support and refine existing stress model assumptions and controls (limits, guidelines, model framework).
- Review both liquidity risk management policies, limits, standards, controls, metrics and thresholds and ensures they are within the defined corporate standards approved by the Board and ALCO. This includes annual reviews of the Contingent Funding plan.
- Review Front Line Units and the Enterprise’s governance processes to ensure Liquidity Risk taken is in accordance with the firm’s Risk Appetite and that the proper risk framework is deployed to measure, monitor and control the risk
- Work with Finance, Risk, and Markets Treasury to ensure requisite support for activities, including consistencies in framework, methodologies, and reporting and improved liquidity management analysis in external reporting
- Build relationships with diverse range of stakeholders across Risk, Group Treasury, ALCM, Markets Treasury and front-line businesses.
- Develop and implement effective processes supporting risk strategy.

**Requirements**:

- To be successful in the role, you should meet the following requirements:

- Practical experience of liquidity management within the group, either at branch level (or equivalent) or as part of larger Markets Treasury desk, or its equivalent at a rival bank.
- Practical experience of funding gaps and the importance of liquidity management.
- Good working knowledge of Liquidity Regulations
- Working across all levels of an organisation to understand cross-functional linkages and interdependencies, as well as the implications of risk at both a strategic level and at the business unit level, with good understanding of other areas e.g. Finance,Accounting, Operational, Legal, etc.
- Good knowledge of vanilla derivative markets products and relevant traded markets, complex derivative markets products and relevant traded markets, and cross market funding and asset transformation. Understanding how a bank squares its balance sheet andthe demands this puts on the liquidity - identifying uses of the balance sheet.
- Has developed a high level of professionalism and competency which helps to determine solutions around appropriate risk measures, risk processes, risk monitoring and management.
- Experience in addressing regulatory and audit requests.

You’ll achieve more when you join HSBC.

Issued by The Hong Kong and Shanghai Banking Corporation Limited.