Role Title: Quantitative Analyst

Business: Finance

New or Existing Role: Replacement

Grade: GCB5

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 Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals’ partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions.

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

Role Purpose

PC Global Analytics is a global function with representation in London, Paris, New York, Hong Kong and other financial centres. It is part of Group Finance with reporting lines to Product Control.

PC Global Analytics aims to ensure that derivatives pricings are at market standards and compliant with regulatory rules. It develops a robust framework built mainly on C++ language to distribute its quantitative solutions to all 40 Global Markets locations.

This role is for PC Global Analytics, within the XVA (Credit, Debit and Funding Adjustments) work-stream and will report into the Analytics Lead. The individual will be working on maintaining, implementing and developing quantitative methodologies for fair value and prudent valuation, as well as delivering projects on behalf of PC Analytics.

The individual would provide quantitative support to Product Control (both Core and Valuations) in all areas of XVAs, work on addressing model findings and deficiencies, and will work closely with Risk divisions (such as Markets IMR) and the Front Office quantitative/trading teams.

In this role, you will:

• Development/enhancement of methodologies and infrastructure within XVA Fair Value Adjustments space.
• Contribution to the Analytics C++ Library and use of Python to develop new ML-based tools
• Participate and present in regular stakeholder (Product Control, Development team, Market Risk, Front Office) catch up sessions to keep up to date with ongoing projects and deliverables.
• Work with other teams within Global PC Analytics, e.g. Stress Test to ensure XVA infrastructure allows to satisfy all regulatory requirements.