Manager Product Control at HSBC | South Korea | Rezi

Manager Product Control at HSBC

Manager Product Control

HSBC · South Korea

4 weeks ago

Manager Product Control

HSBC · South Korea

a month ago
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About the Role

HSBC is seeking an experienced professional to join their team as Manager, Product and Control (GCB 5/VP). This role involves reviewing and overseeing MSS transaction monitoring, financial controlling, front-to-back-balancing controls, pricing, price verification, analysis, and commentaries. The position requires ensuring Global Market transactions are appropriately monitored, investigated, and reported, while also ensuring the efficiency and timeliness of GM reporting and minimizing the risk of non-compliance.

Responsibilities

  • Review of daily/monthly P&L reports for Global Markets including analytical review of P&L components/drivers
  • Validation of fair value of portfolios/transactions calculated by primary trading systems
  • Review of dealer estimate vs actual p&l reconciliation
  • Preparation of month-end fair value adjustments and other adjustments
  • Daily Pricing-End-of-Day (EOD) for complex derivatives
  • Manage and validate market data for accurate revaluation and yield curve construction, independent price verification
  • Perform the market data vendor pricing source review and assess the boundary observability
  • Manage new discounting curve, product mapping and exception controls
  • Oversight of PC outsourcing tasks
  • Manage manual entries system approval controls
  • Review of daily /monthly FX and MKTY benchmark monitoring reports for Global Markets including reviews on exceptions and FO explanation
  • Review Hedging MI reporting and oversight hedge activities
  • Support PC related projects and ad hoc tasks

Requirements

  • Well understanding on market risk factors and Global Markets products
  • Strong knowledge on Derivatives valuation including structured products and complex derivatives, market data control and price verification process
  • Strong problem solving ability and analysis skill are mandatory.
  • Working experience, more than 8 years in Global Markets area including Product Control, GM Operation or Finance.
  • Leadership experience to manage team members
  • Strong communication skill in both Korean and English

Skills

  • MSS transaction monitoring
  • Financial controlling
  • Front-to-back-balancing controls
  • Pricing
  • Price verification
  • Yield curve construction
  • Market data validation
  • Revaluation
  • Price verification
  • FV levelling reporting
  • Benchmark monitoring
  • Accounting control
  • Global Market transactions monitoring
  • Derivatives valuation
  • Structured products
  • Complex derivatives
  • Market data control
  • Price verification process
  • Problem solving
  • Analysis
  • Leadership
  • Communication

Experience Level

  • More than 8 years in Global Markets area including Product Control, GM Operation or Finance.
  • Leadership experience

About the Company

  • HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories.
  • We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.