Manager, Valuation Control Equities - 60k per month

Hong Kong

As one of the world's largest banking and financial services organisations, HSBC has been connecting customers to opportunities since 1865. With operations in 65 countries and territories, HSBC's unparalleled international network links developed and emerging markets, and spans the world's largest and fastest-growing trade corridors. The bank serves more than 40 million customers through its commercial, retail, investment and private banking businesses, which are supported by operational and functional teams around the world.

Principal responsibilities 

 Perform valuation adjustments, such as Independent Price Verification, Bid Offer, Model uncertainty, other Fair Value Adjustment, and Prudent Valuation Adjustment, in accordance with global valuation guidelines for all business line in equity asset class, mainly Prime Finance and Equity Derivative, regardless of the trading book location, like Hong Kong, Paris, London, and New York.

  • Ensure accurate and timely computation of reserves and controls.
  • Work effectively with the equity valuation team located in Paris, Krakow and New York.
  • Ensure well controlled and accurate valuation reserves, provide analysis on the results to Front Office and Senior Valuation Controller
  • Proactively improve and automate current processes.
  • Create and maintain relevant documentation.


Experience required 

  • Strong IT skill required including experience with VBA, SQL, Microsoft Access.
  • Excellent written English and oral communication skill.
  • Good numerical/quantitative background and previous experience in product control or market risk is preferred.
  • Good understanding of vanilla and complex derivatives products, market risks and pricing parameters.
  • Great interpersonal skills, including the ability to articulate key quantitative issues in an understandable way.
  • Good appreciation of regulatory guidelines, rules, requirements.
  • Ability to understand complex concepts.


HSBC is committed to building a work culture where everyone is valued, respected and opinions count. They take pride in providing a workplace that fosters continuous professional development, collaboration and supporting people to be at their best in an inclusive and diverse environment.

Type: Contract

Category: I.T & T - Banking / Finance IT

Reference ID: 611-20210408-SS

Date Posted: 08/04/2021