Manager - IRRBB

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.
We're one of the largest banking and financial services organisations in the world, with a network that covers more than 50 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're currently seeking an experienced professional to join our team in the role of Manager - IRRBB.
You’ll be at the heart of our transformation, supporting the implementation of a best-in-class Interest Rate Risk in the Banking Book (IRRBB) framework. You’ll work closely with a diverse range of stakeholders across Treasury, Risk, Finance, and IT, giving you broad exposure and the opportunity to build strong professional relationships. If you thrive in a fast-paced, dynamic environment and enjoy tackling complex challenges, you’ll find plenty of opportunities to grow, develop your analytical and strategic skills, and make a meaningful impact on both our UK entity and the wider Group’s management of interest rate risk.
As an HSBC employee in the UK, you’ll have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
In this role you'll:

• Supporting structural hedging activities and managing interest rate risks associated with fixed rate retail mortgages and other products
• Work with market facing colleagues to understand how wider macro-economic environment developments impact the bank and our risk management objectives
• Collaborating with stakeholders across various functions and seniority levels to design and implement effective risk management strategies
• Understanding customer behaviours and pricing strategies under different interest rate environments to inform decision-making
• Supporting key activities such as forecasting, risk appetite calibration, and ICAAP contribution to ensure robust risk management
• Navigating the development and implementation of a robust IRRBB management framework that addresses both financial and non-financial risks
• Supporting IRRBB remediation, transformation, capability enhancement, and the sharing and adoption of best practices across the Global IRRBB teams and more broadly across the organisation

To be successful in this role you should meet the following requirements:

• Demonstrable experience working within a Bank
• Knowledge of financial markets and market products with familiarity with fixed income and derivatives is essential
• Prior experience in IRRBB, Treasury, or Risk functions is essential
• Analytical mindset and problem-solving skills the ability to break down complex issues, identify root causes, and generate effective solutions
• Demonstrable experience collaborating with various stakeholders across different functions and seniority to design and implement appropriate risk management strategies
• Ambitious, curious, proactive, flexible and adaptable to change

Opening up a world of opportunity.
Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.
If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:
Email: hsbc.recruitment@hsbc.com 
Telephone: +44 207 832 8500