Assistant Vice President - Stress Testing

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 Assistant Vice President - Stress Testing

Principal responsibilities

• The role supports the Group’s compliance with the Bank of England’s Resolvability Assessment Framework (RAF) which establishes capabilities Banks must have to be considered ‘resolvable’ by the Bank of England.
• The role will ensure the accurate accounting for the economic value restatement of the Group’s balance sheet and the impact of management actions designed to support HSBC as a going concern or as a step towards resolution – its ‘Valuation in Resolution (ViR)’. 
• The individual will lead the Finance Operations SP&ST Reporting Operations team in respect of Value in Resolution development and execution.
• They will be expected to work with Global Finance Change and Finance IT teams to continue to develop robust and efficient processes to capture the impact of economic values and management actions on a management accounting ledger.  This will support the production of management information and analytics to allow management and an external valuer to understand the impact of economic activities on the Group balance sheet and regulatory capital.
• To maintain documentation covering operating model, basis of preparation, risk assessments, data management and governance controls.