Trainee Analyst- Analytics

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 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 Trainee Analyst- Analytics

Principal responsibilities

• The Analytics team in Bangalore would primarily work on implementing, maintaining and supporting the calculation of the Fair Value Adjustments (Independent Price Verification, Bid offer, model limitation, OCS and XVAs) and Prudent Value Adjustments within one or more of the following asset classes:
• XVA team enhances and maintains Pegasus infrastructure behind the CVA, DVA and FFVA. Recently focus on large regulatory projects related to Basel IV regulation on Standard Approach CVA which involves major infrastructure reorganization.
• OCS, Rates & Equity team focus on maintaining C++ library for the reserves covering Rates and Equity products: Bid-Offer reserves, IPV, PVA, OCS.
• Credit and Liquidity team focus on the credit spread Bid-Offer methodology and Asset backed securities model used to compute IFRS9 impairments. Team also develops models on various liquidity measures for management, ALCM, and FO.
• FX team implements in C++ and Python and calibrates IPV, Bid-Offer and PVAs covering FX options.
• Stress testing team produces stressed estimates of all the XVAs, FVAs and PVAs under hypothetical market stress scenarios, in response to regulatory requests.