Ongoing Model Validation Assistant Vice President

15 hours ago

Quezon City, National Capital Region, Philippines HSBC Full time ₱2,000,000 - ₱2,500,000 per year

Some careers shine brighter 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 organizations 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 realize their ambitions. We are currently seeking an experienced professional to join our team in the role of Ongoing Model Validation Assistant Vice President. 

Job Responsibilities: 

Monitoring, controls, and analytical review including explain of the internal backtesting and ISDA backtesting end-to-end inputs and results at counterparty levelResolving data quality issues affecting the accuracy of the backtesting results while working with SIMM Model Quant, Product Control and Traded RiskManaging remediations with affected counterparties to ensure additional margin is calculated as agreed with the counterpartiesEnhancing the RNIS (Risk not in SIMM) target operating model and establishing control frameworkWorking in close collaboration with SIMM Model Quant (Group Risk Analytics), front office stakeholders and CTB (Change the Bank) team to identify, escalate and resolve underlying issues.

Job Requirements: 

A degree / qualification in mathematics, finance, accountancy, business management or previous experience in risk management (Market Risk) specifically in VaR process and its variant (i.e. Historical simulations, parametric VaR, full reval)Good understanding and experience of financial products especially OTC derivatives (eg. Swaps, Options)Good understanding and experience of market risk metrics and measuresGood understanding and experience of Initial Margin Calculation / SIMM / BCBS 261

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritized.

You'll achieve more when you join HSBC.

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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

  • Technical Assistant to Executive Vice President

    1 week ago

    Makati City, National Capital Region, Philippines DTI-SBCorp Full time ₱1,900,000 - ₱3,000,000 per year

    Qualification RequirementsMinimum Educational RequirementBachelor's DegreeMinimum Experience /Training RequirementsAt least three (3) to four (4) years relevant experienceAt least 16 hours relevant trainingDuties:Plan, organize and provide administrative services to the Office, including clerical, secretarial and general administrative services, as well as...

  • Vice President for Operations

    4 days ago

    Quezon City, National Capital Region, Philippines Doza Group Inc Full time ₱1,500,000 - ₱2,500,000 per year

    Join us and be part of a fast-growing company.Job Description: Vice President for OperationsPosition OverviewThe Vice President for Operations (VP of Ops) will oversee the day-to-day operations of the company's construction projects, ensuring timely, cost-effective, and high-quality delivery. This role will also establish operational systems and strengthen...

  • Assistant Vice President

    2 weeks ago

    Quezon City, National Capital Region, Philippines HSBC Full time ₱120,000 - ₱240,000 per year

    Some careers shine brighter than others.If you're looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.HSBC is one of the largest banking and...

  • Assistant Vice President

    3 days ago

    Quezon City, National Capital Region, Philippines VS Hotel Full time ₱2,000,000 - ₱2,500,000 per year

    About the RoleOur mother company is seeking a highly qualified and experienced Assistant Vice President (AVP) – Project Manager to lead and oversee the successful planning and execution of real estate construction projects. This role demands a strategic leader with proven technical expertise and the ability to manage multidisciplinary teams to deliver...

  • Assistant Vice President UCITS

    3 days ago

    Makati City, National Capital Region, Philippines Waystone Full time $80,000 - $120,000 per year

    Waystone leads the way in specialist services for the asset management industry.Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide.With over 20 years' experience and a comprehensive range of specialist services to its name, Waystone is now serving...

  • Assistant Vice President

    2 weeks ago

    Quezon City, National Capital Region, Philippines Marivent Hotels and Resorts, Inc. Full time ₱1,200,000 - ₱2,400,000 per year

    About the RoleOur mother company is seeking a highly qualified and experienced Assistant Vice President (AVP) – Project Manager to lead and oversee the successful planning and execution of real estate construction projects. This role demands a strategic leader with proven technical expertise and the ability to manage multidisciplinary teams to deliver...

  • Vice President

    6 days ago

    Quezon City, National Capital Region, Philippines HSBC Full time ₱2,000,000 - ₱2,500,000 per year

    Some careers shine brighter 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 organizations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and...

  • Assistant Vice President

    2 weeks ago

    Quezon City, National Capital Region, Philippines VS Hotel Full time ₱1,500,000 - ₱2,500,000 per year

    About the RoleProvalue Property Services, Inc., a trusted affiliate of Marivent Hotels & Resorts Inc., is looking for a highly qualified Assistant Vice President (AVP) – Property Manager to lead and oversee its property management operations. This is a key strategic leadership role suited for a results-oriented professional with strong technical expertise...

  • Assistant Vice President

    2 weeks ago

    Quezon City, National Capital Region, Philippines Marivent Hotels and Resorts, Inc. Full time ₱1,320,000 per year

    About the RoleProvalue Property Services, Inc., a trusted affiliate of Marivent Hotels & Resorts Inc., is looking for a highly qualified Assistant Vice President (AVP) – Property Manager to lead and oversee its property management operations. This is a key strategic leadership role suited for a results-oriented professional with strong technical expertise...

  • Assistant Vice-President

    2 weeks ago

    Makati City, National Capital Region, Philippines Bethel General Insurance & Surety Corp Full time ₱900,000 - ₱1,200,000 per year

    The Assistant Vice-President for Life Insurance Operations is responsible for the strategic and operational leadership of the Life insurance business units. This executive role oversees all functional areas including underwriting, claims, sales, marketing, product development, actuarial, reinsurance, customer service, finance, compliance, and IT. The role...