Job Description
Role Title: SME-GMMO-RVQ AND R
GCB: 5
Location (Country / City): Bangalore
Why join us?
The Position and Risk Transfer Control team within Markets Middle Office – Risk Valuations & Quality Data team in Manila manages the daily FX and IR buy-in risk transfer control process across HBAP.
The team is comprised of individual contributors that are control orientated, risk professionals who are very agile and dynamic to the changing regulatory and economic banking and markets landscape. We support Australia, Bangladesh, China, Hong Kong, India, Japan, South Korea, Macau, Mauritius, New Zealand, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam sites.
The Opportunity:
The purpose of the role is to report in a timely and accurate manner, all material non-Global Markets FX (Foreign Exchange) positions in the bank to Global Markets and also transfer all material non-markets IR (Interest Rate) risk to Markets Treasury, which have the mandate to manage these risks accordingly.
Failure to do so exposes the bank to a serious risk of losses as transactions which could have been hedged at market rates are left open when exchange rates may move against the bank's position.
This process is called the FX and IR buy-in process and the data download, report generation and reconciliation is prepared by the Position and Risk Transfer Control Analyst/SME on a daily basis.
A robust FX and IR buy-in process is especially important in times of market volatility.
What you'll do:
• Manage the end-to-end process for all retail FX and IR buy-in process with a key focus on the IR process.
• Engage with senior stakeholders in ALCM
• Be able to perform roles of a Business Analyst and Project Manager
• Perform the daily analysis and reconciliations across TREATS (Treasury) and HUB (Retail) systems.
• Ensure that processes adhere to appropriate quality standards, with reference to internal and external compliance rules, and are comprehensively documented. Ensure that
GCB: 5
Location (Country / City): Bangalore
Why join us?
The Position and Risk Transfer Control team within Markets Middle Office – Risk Valuations & Quality Data team in Manila manages the daily FX and IR buy-in risk transfer control process across HBAP.
The team is comprised of individual contributors that are control orientated, risk professionals who are very agile and dynamic to the changing regulatory and economic banking and markets landscape. We support Australia, Bangladesh, China, Hong Kong, India, Japan, South Korea, Macau, Mauritius, New Zealand, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam sites.
The Opportunity:
The purpose of the role is to report in a timely and accurate manner, all material non-Global Markets FX (Foreign Exchange) positions in the bank to Global Markets and also transfer all material non-markets IR (Interest Rate) risk to Markets Treasury, which have the mandate to manage these risks accordingly.
Failure to do so exposes the bank to a serious risk of losses as transactions which could have been hedged at market rates are left open when exchange rates may move against the bank's position.
This process is called the FX and IR buy-in process and the data download, report generation and reconciliation is prepared by the Position and Risk Transfer Control Analyst/SME on a daily basis.
A robust FX and IR buy-in process is especially important in times of market volatility.
What you'll do:
• Manage the end-to-end process for all retail FX and IR buy-in process with a key focus on the IR process.
• Engage with senior stakeholders in ALCM
• Be able to perform roles of a Business Analyst and Project Manager
• Perform the daily analysis and reconciliations across TREATS (Treasury) and HUB (Retail) systems.
• Ensure that processes adhere to appropriate quality standards, with reference to internal and external compliance rules, and are comprehensively documented. Ensure that
💡 Quick Summary
Seeking a career-building opportunity? The SME|GMMO|RVQ AND R GSC|s position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.