Senior Valuation Controller

Your responsibilities

• Performing FVA (Fair value Adjustment) and IPV (Independent price verification) controls,

• Working on improving controls and implementing valuation methodologies,

• Identifying and resolving production exceptions,

• Preparing appropriate Management Information, presenting results to various committees,

• Delivering a single view of the P&L and Balance Sheet through cooperation with Business Financial Control and Core Product Control,

• Building relationships with key stakeholders including Other Product Control Functions, Quantitative Research, Front Office, Market Risk Management, IT and Operations,

• Reengineering and streamlining processes to achieve economies of scale and increased service quality.

Our requirements

What we offer

Observance of Internal Controls

• Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

• Incumbent is an ‘insider’ for dealing purposes and subject to strict controls and confidentiality.

• Complies with Group Finance Functional Instruction Manuals and Group SOX requirements and enforces reporting sites’ compliance with certain areas of the required internal controls.

• The incumbent will also adhere to and be able to demonstrate adherence to internal controls. 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.

• The incumbent will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply.

• This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.