Assistant Manager Global Markets Product Control, Markets Treasury

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Manager Global Markets Product Control, Markets Treasury.

The purpose of this role is to be responsible for ensuring that traded products are completely and accurately recorded in HSBC’s books in accordance with applicable accounting standards. A career in Product Control requires financial acumen, a sense for numbers, and an understanding of financial instruments, their trading systems, and their key profit and loss (P&L) drivers.

In this role you will:

• Perform the production, analysis, explanation and reporting of daily Trading profit and loss
• Review and investigate daily exception reports, including intersystem reconciliations, trade activity monitoring, controls over accrual books and hedge accounting
• Provide independent review, monitoring, and challenge across benchmark rate submissions made across the bank
• Provide system administration and governance for the book opening process
• Ascertain reasonableness, propriety and integrity of the balance sheet through reconciliation and substantiation
• Review the operational effectiveness of the Fair and Prudent Valuation Adjustments control framework
• Prepare reports required for regional and group reporting
• Coordinate with internal and external auditors during regular audits

To be successful in this role, you should meet the following requirements:

• Holding a degree in any of the following: Finance, Economics, Accounting, Mathematics, Sciences, Engineering
• Graduated with honors from a top Philippine academic institution
• Displaying a high potential for growth and a willingness to take on new challenges
• Self-motivated with strong planning and organizational skills
• Analytical and creative, with well-developed communication and interpersonal skills
• Flexible and resilient
• Aspiring to a professional qualification such as CPA, CFA, and FRM will be an advantage
• Willing to work in shift schedules, depending on operational and/or business requirements

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

You’ll achieve more when you join HSBC.

www.hsbc.com/careers

HSBC is 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. 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.

Issued by Hong Kong and Shanghai Banking Corporation Limited Philippines