Job description

Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share.

The Sr. Analyst- us Core Product Control (GDM) will be reviewing and providing guidance to the nearshore team when performing the daily Profit & Loss (P&L) production and GL reconciliations for the GDM desks. The Sr. Analyst will be a person with strong knowledge of how different Global Markets work, risk based attribution and understanding of existing processes/systems used for calculation of the valuations and reporting requirements. Those skills are needed to help the team troubleshooting daily issues, identify errors and their sources before reporting P&L and help on understanding main drivers of P&L movements.

Here’s what you can expect:

• Review Daily P&L for various GDM, Securities Financing and Portfolio Management businesses providing effective support for local, nearshore and offshore teams.

• Ensuring that the Near and Offshore teams are effectively managing the day to day tasks and provide support and guidance when necessary.

• Review all aspects of Reconciling Daily, MTD and YTD P&L and Balance Sheet to General Ledger. Manage queries from FO, Finance, MRM and other Stakeholders for various businesses.

• Work with the FO and manage Stakeholder queries in new initiatives, different projects and continuous enhancements, aiming a robust control environment. Also participate in internal and external Audit and Assurance agendas.

• Participate proactively in the implementation of the Core PC model, helping the integration of PnL and GL tasks under the same process owners, making sure the control environment is maintained or strengthened, and the resulting processes are properly documented.

For this role, HSBC targets a fixed pay range between $101,700 and $130,000.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions.

You’ll likely have the following qualifications to succeed in this role:

• You’ll have experience in product control/valuation control environment including the understanding of risk based Greeks (delta, gamma, vega, etc.).

• You will be able to demonstrate good communication, analytical thinking and problem solving skills, ability to multitask and a commitment to quality customer service.

• You’ll have experience with Excel, ideally at Macro/VB level and knowledge of the following systems: PC Portal, PC Portal 2.0, FTP, Qlik, Pegasus, Summit, Impact, Global Calypso, River and Bloomberg.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

HSBC is one of the world’s largest banking and financial services organizations. Our global businesses serve around 39 million customers worldwide through a network that covers 62 countries and territories. Our customers range from individual savers and investors to some of the world’s biggest companies, governments and international organizations. We aim to connect them to opportunities and help them to achieve their ambitions.