FX Risk and Control
The GFX business incorporates Metals, Energy, FX and FXO, each of which exists as an individual product line. GFX Operations has an embedded and independent Operational Risk team which although it reports to the GFX Operations Global Control Lead is located within each product line. This structure allows both the independence that a Control Team demands and the product specific knowledge that brings relevance to the function.
The Line Control Managers in each product line will be required to implement the HSBC Group Risk Policies as well as the GFX Operations Global Control Agenda. The incumbent will be required to ensure that these are implemented regionally in HBEU for which they will have accountability as well as globally where they will be expected to perform a Global Coordinating role. This will ensure that the Control Agenda is consistently applied across all the major HUBS and that each product is adhering to the same Global control ideals and objectives.
The Control Agenda will include (but is not limited to):
- Administering a robust daily control model
- Delivering a control monitoring and metrics programme
- Performing risk assessments and testing and ensuring global adherence
- Developing and coordinating a globally aligned reporting and governance programme
- Establishing a culture of risk awareness on a global basis
Skills required:
- FX or derivatives knowledge
- Operational trade porcessing experience
- Exposure to risk and control within operations
- Analytical and detail orientated.
- Proven skills and knowledge of post trade GFX operations functions gathered in an investment banking environment.
- Solid process, risk and people management skills.
- Strong written and verbal communication skills with the ability to communicate complex issues succinctly and clearly
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