About the role

The Product Control Analyst will manage valuation matters for HSBC Mexico Global Banking & Markets, including calculating fair value adjustments and reconciling financial data. They will also lead process automation initiatives and serve as the primary point of contact for internal and external valuation audits.

What they look for

Valuation techniques FX asset classes Fixed income asset classes Fair value adjustments IPV Bid-offer Illiquidity xVA Process automation Financial modeling Data reconciliation Stakeholder management Independent decision making FRTB implementation Audit support

Requirements

Candidates must possess strong knowledge of valuation techniques for FX and Fixed Income asset classes, including fair value adjustments like IPV and xVA. Superior interpersonal skills and the ability to exercise independent judgment in a team-oriented environment are essential for this role.

Benefits

Paid leave for wedding Paid leave for family care Paid leave for bereavement Flexible working Professional development

Full description

If you’re looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you’ll be.

We are currently seeking an experienced professional to join our team in the role of

Product Control Analyst

Role purpose:

We are looking for a talented individual to join Product Control (PC) Valuation team to be a key contributor of any valuation matters pertaining to HSBC Mexico Global Banking & Markets. This role will report to the Product Control Valuation Team Lead. The role will have extensive liaison and communication at all levels within the Finance team. The role will contribute to improving and automating processes, supporting teams across areas.

Main activities:

Key contributor of HSBC Mexico Valuation Policy
Participate in the implementation and automation of processes of FRTB within HSBC Mexico Product Control department.
Investigate any collateral/MTM disputes with external counterparties.
Support the Core PC team when there is a PL dispute related to valuation.
Ensure our local Models are well documented, periodically reviewed by IMR team (Independent Model Review) and accurately listed in GMIS (HSBC Canada Model repository).
Responsible for calculating, posting and reconciling all Fair Value Adjustments pertaining to HSBC Mexico Global Banking and Markets Business.
Managing/running the daily End of Day curve process which is needed to derive the marked to market of some asset classes.
Be the focal point for all valuation questions from internal/external stakeholders (PwC, audit, business, NPDD etc…)

Requirements

Strong knowledge of valuation techniques used to derive the market value for FX and Fixed Income Asset Classes.
Strong knowledge of Fair Value Adjustments applicable to the aforementioned asset classes (IPV, Bid-Offer, Illiquidity, xVA etc…)
Superior interpersonal skills and ability to liaise with senior management, a self-motivator, able to use good judgment and exercise independent decision making ability while contributing to a team environment.

You’ll achieve more when you join HSBC!

At HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

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