Traded Risk Manager

4 weeks ago


Toronto, Canada HSBC Full time

Opening up a world of opportunity.

We're a financial services organization serving more than 39 million customers across the globe through our Wealth & Personal Banking, Commercial Banking and Global Banking & Markets businesses.

We’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of new opportunities for our customers, our people and our communities.

About Global Functions

HSBC’s Global Functions play a vital role in supporting the bank’s Global Businesses and offer a broad range of career opportunities in areas from Legal, Risk and Finance to Human Resources, Sustainability and Communications. Our operational and functional teams around the world help HSBC’s Global Businesses to operate efficiently and effectively on a day-to-day basis. They also focus on controls and governance to reduce risk and protect the Group’s reputations.

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, operational, credit, pension, insurance, compliance, regulatory, market, reputation and geopolitical risks.

This role resides under the Traded Risk function, and is part of the Group Risk Organisation. Traded Risk function monitors, evaluates and manages market and counterparty risks impacting across HSBC. It is responsible for establishing the risk management framework for Traded Risk, and plays a key role in ensuring that the Bank is compliant with current and future regulatory requirements relating to Traded Risks and their capitalization.

The team performs oversight and analysis of HSBC’s counterparty and market risk and owns policies for these risks.

In this role the risk manager will be responsible for identification of key markets related risk issues for Canada activity setting risk limits, reviewing new products, assisting with key regulatory initiatives, managing the development of key risk system infrastructure and communication/elevation of key issues in order to maintain risk management of the highest possible standards.

**Responsibilities**:

- Provision of counterparty risk management information to senior management as necessary to enable decision making with regards to positions
- Provide management with expert advice on risk related regulatory charges and controls
- Implementation of systems strategy to ensure that the risk function is able to effectively and efficiently perform its core functions.
- Reviewing new products and structures to identify all material market risks and ensuring effective controls surround these to ensure appropriate risk management occurs during their life cycle
- Development of stress testing scenarios, reverse stress testing and the stress testing platform
- Oversight of the risk monitoring processes with respect to market conditions, regardless of whether close or in excess of limits, and escalation of any identified inappropriate activity to senior management.
- Front Office (trading and quant desk)
- Senior Risk Manager
- Global Risk Analytics Team
- Markets IMR (Independent model review)
- FO IT (Front office Information Technology) and Risk IT
- Regulatory Finance
- Product Control
- Provide strong leadership and management
- Work effectively with the other risk management teams locally and globally
- Build relationships with all customers & stakeholders, key support functions and senior managers
- Add value to trading operations by protecting shareholder value through a balanced approach to commercial market risk management vis-à-vis a strict monitoring and limit based framework
- Manage key risk methodology, systems and processes strategy to ensure effective tools are in place to support high standard of risk management
- Development of efficient and streamlined risk processes in conjunction with the control team
- Track and contribute to FO (Front office) system strategy

Requirements
- Strong quantitative and/or business related university qualification
- Solid experience in Counterparty Risk Management
- Outstanding in depth knowledge of Rates and/or Credit markets and products,
- Outstanding communication and interpersonal skills
- Strong quantitative skills i.e. derivative pricing, market data analysis
- Strong technical skills (VBA, SQL, Python etc)
- Fixed Income markets savvy
- Ability to understand and interpret complex business requirements
- Ability to prioritize competing demands
- Negotiation and conflict resolution capacity

HSBC Proud

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.

If this is not the ideal role for you, we invite you to sign up here to our Talent Community so we ca


  • Traded Risk Manager

    1 week ago


    Toronto, Ontario, Canada HSBC Full time

    Opening up a world of opportunity.We're a financial services organization serving more than 39 million customers across the globe through our Wealth & Personal Banking, Commercial Banking and Global Banking & Markets businesses.We're here to use our unique expertise, capabilities, breadth and perspectives to open up a world of new opportunities for our...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 176297 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: Trade Floor Risk Management (TFRM) is a team within Global Risk Management that measures and monitors market risk arising from Scotiabank’s trading and treasury activities. This opening is in the Central Office...


  • Toronto, Canada TD Bank Full time

    **Work Location**: Toronto, Ontario, Canada **Hours**: 37.5 **Line of Business**: Risk Management **Pay Details**: **Department Overview**: **A World-Class, Diverse, Inclusive and Forward-Thinking Risk Management Team** **Curious, creative, innovative, independent. Do any of these attributes describe you? If so then you may be perfectly suited for our...

  • Manager Trading Risk

    4 weeks ago


    Toronto, Canada Scotiabank Full time

    Requisition ID: 184765 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: The Manager in TFRM Latin America is primarily focused on providing market risk oversight for Scotiabank's capital market operations in Latin America and the Emerging Markets desk, ensuring all positions and...

  • Manager Trading Risk

    20 hours ago


    Toronto, Canada Scotiabank Full time

    Requisition ID: 184765 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: The Manager in TFRM Latin America is primarily focused on providing market risk oversight for Scotiabank's capital market operations in Latin America and the Emerging Markets desk, ensuring all positions and...


  • Toronto, Canada The Toronto-Dominion Bank (Canada) Full time

    Description : The role requires an individual with experience and/or knowledge of treasury and risk management functions at a financial institution. The accountabilities of the Risk Manager role include, but are not limited to:  Providing in depth technical leadership and expertise in the oversight and challenge of non-trading market risk across the...


  • Toronto, Canada The Toronto-Dominion Bank (Canada) Full time

    Description : The role requires an individual with experience and/or knowledge of treasury and risk management functions at a financial institution. The accountabilities of the Risk Manager role include, but are not limited to:  Providing in depth technical leadership and expertise in the oversight and challenge of non-trading market risk across the...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 173982 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **The Manager, Trading Business Management** - Contributes to the overall success of the SCI Wealth Management Trading Desk - the Trading Services Group (“TSG”) by ensuring individual and departmental goals and initiatives are...


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    Come Work with UsAt RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that...

  • Risk Manager

    1 week ago


    Toronto, Ontario, Canada TD Bank Full time

    Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:Governance & ControlPay Details:Department OverviewTDS Governance & Controls team (TDS G&C) is accountable to perform the 1B risk function (1st Line of Defense) supporting all TD Securities (TDS) businesses including Global Markets, Infrastructure, and Corporate Investment Banking (CIB).This...

  • Risk Manager

    2 days ago


    Old Toronto, Canada Polar Asset Management Partners Inc. Full time

    Risk Manager Polar Asset Management Partners an alternative asset manager established in 1991 which manages approximately US$6.5 billion. Polar seeks to hire a Risk Manager to report to the Director of Rates Risk. The successful candidate will have a strong background and experience in trade floor risk management, support, and quantitative research. You will...


  • Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Description : The role requires an individual with experience and/or knowledge of treasury and risk management functions at a financial institution. Reporting to the Associate Vice President, Enterprise Non-Trading Market Risk, the accountabilities of the Senior Risk Manager role include, but are not limited to: Providing in depth technical leadership...


  • Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** Counterparty Credit Risk (CCR) is responsible for providing risk oversight of RBC’s trading activities including (but not limited to) counterparty exposure measurement and monitoring, bespoke transaction adjudication and approval, portfolio risk analysis and reporting. As Risk Manager in the Counterparty Credit Risk Exposure Monitoring...


  • Toronto, Canada theScore Inc. Full time

    theScore, a wholly-owned subsidiary of PENN Entertainment, empowers millions of sports fans through its digital media and sports betting products. Its media app ‘theScore’ is one of the most popular in North America, delivering fans highly personalized live scores, news, stats, and betting information from their favorite teams, leagues, and players....


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 198944 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Funds Risk Management (FRM) - Structured Products Risk Analytics is liable for counterparty credit risk (CCR) analytics and market risk oversight for the Bank's Credit TRS portfolio, CLO warehousing and other credit derivatives...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 198944 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Funds Risk Management (FRM) - Structured Products Risk Analytics is liable for counterparty credit risk (CCR) analytics and market risk oversight for the Bank's Credit TRS portfolio, CLO warehousing and other credit derivatives...


  • Toronto, Canada The Toronto-Dominion Bank (Canada) Full time

    Description : The role requires an individual with experience and/or knowledge of treasury and risk management functions at a financial institution. Reporting to the Associate Vice President, Enterprise Non-Trading Market Risk, the accountabilities of the Senior Risk Manager role include, but are not limited to:  Providing in depth technical...


  • Toronto, Canada The Toronto-Dominion Bank (Canada) Full time

    Description : The role requires an individual with experience and/or knowledge of treasury and risk management functions at a financial institution. Reporting to the Associate Vice President, Enterprise Non-Trading Market Risk, the accountabilities of the Senior Risk Manager role include, but are not limited to:  Providing in depth technical...


  • Toronto, Ontario, Canada Scotiabank Full time

    Senior Manager, Funds Risk Management - Structured Products Risk AnalyticsRequisition ID: 198944Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Funds Risk Management (FRM) - Structured Products Risk Analytics is liable for counterparty credit risk (CCR) analytics and market risk oversight for the Bank's...


  • Toronto, Ontario, Canada Scotiabank Full time

    Senior Manager, Funds Risk Management - Structured Products Risk AnalyticsRequisition ID: 198944Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Funds Risk Management (FRM) - Structured Products Risk Analytics is liable for counterparty credit risk (CCR) analytics and market risk oversight for the Bank's...