For additional information, please review .In-Business Risk - Valuation Risk, Senior Vice President page is loaded In-Business Risk - Valuation Risk, Senior Vice Presidentremote type: Hybridlocations: London United Kingdomtime type: Full timeposted on: Posted Todayjob requisition id: Citi is looking for an experienced professional for a role in the Markets In-Business Risk - Valuation Risk team, part of the 1st Line of Defense. The successful candidate will have significant experience in product valuations including market/model risk and strong understanding of the overall control environment.This role will have responsibility for monitoring, investigating and challenging valuation controls as well as producing monthly governance and project management materials. The scope of the role covers Markets globally and requires collaboration with colleagues across all regions.Successful execution will require partnership with Traders, Quants, Technology, Market Risk and Valuation Control, whilst also leading engagements with internal audit (IA) and regulators.BackgroundThe Valuation Risk Team is a specialized function within Markets In-Business Risk, which establishes and maintains a robust 1st Line of Defense (1LoD) control environment and culture to minimize financial risk within the Markets business. The Valuation Risk Team sets the standards for the quality of Front Office management of Valuation Risk, manages implementation of those standards and is responsible for Markets wide governance of 1st Line valuation risk.Key Responsibilities: Perform the 1LoD Valuation Controls which include oversight and governance of Valuation Consistency, Unchanged Prices, and Non-Standard Trade Booking controls Evaluate metrics and reports relating to these controls, and where relevant identify necessary actions and facilitate resolution of identified issues Generate monthly materials for senior governance forums which are accountable for consistent Front Office valuations Design and implement Front Office controls which effectively mitigate the risk of mis-valuation of financial instruments Engage with Markets Technology, senior Markets Traders and Risk functions to develop new technology capabilities for cross-Markets Valuation Risk controls Coordinate and lead Regulatory and Internal Audit requests impacting upon Valuations and remediation ensuring timely response and delivery Ongoing review and enhancement of Markets-wide Policies on Valuation Risk to drive standardized and consistent mechanisms to evidence controls and supervision of pricing risk Define operating control standards across Markets and embed within the Manager Control Assessment (MCA) framework to assess Valuation Risk controls and ensure businesses operates within risk appetite.Qualifications & Competencies: 10+ years' experience in Risk Management, Valuation Control, Trading or other related roles in the financial industry Strong technical understanding of derivative valuations across multiple asset classes Robust understanding of typical data structures for market data utilized by derivative models Strong controls mindset, identifying and mitigating risks, communicating and escalating concerns Experience dealing with regulators, Audit, Compliance and other Risk and Control functions Strong communication skills with an ability to influence senior stakeholders and to adjust communication style for the target audience Self-motivated and detail oriented Excellent project management and organizational skills, with an ability to multitask and adapt to change Ability to collaborate across businesses, regions and support functionsEducation: Bachelor's/University degree, Master's degree preferred Job Family Group: Risk Management Job Family: In-Business Risk Time Type: Full time Most Relevant Skills Analytical Thinking, Business Acumen, Constructive Debate, Escalation Management, Issue Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Stakeholder Management. Other Relevant Skills For complementary skills, please see above and/or contact the recruiter. Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review . View Citi's and the poster.
Dec 14, 2025
Full time
For additional information, please review .In-Business Risk - Valuation Risk, Senior Vice President page is loaded In-Business Risk - Valuation Risk, Senior Vice Presidentremote type: Hybridlocations: London United Kingdomtime type: Full timeposted on: Posted Todayjob requisition id: Citi is looking for an experienced professional for a role in the Markets In-Business Risk - Valuation Risk team, part of the 1st Line of Defense. The successful candidate will have significant experience in product valuations including market/model risk and strong understanding of the overall control environment.This role will have responsibility for monitoring, investigating and challenging valuation controls as well as producing monthly governance and project management materials. The scope of the role covers Markets globally and requires collaboration with colleagues across all regions.Successful execution will require partnership with Traders, Quants, Technology, Market Risk and Valuation Control, whilst also leading engagements with internal audit (IA) and regulators.BackgroundThe Valuation Risk Team is a specialized function within Markets In-Business Risk, which establishes and maintains a robust 1st Line of Defense (1LoD) control environment and culture to minimize financial risk within the Markets business. The Valuation Risk Team sets the standards for the quality of Front Office management of Valuation Risk, manages implementation of those standards and is responsible for Markets wide governance of 1st Line valuation risk.Key Responsibilities: Perform the 1LoD Valuation Controls which include oversight and governance of Valuation Consistency, Unchanged Prices, and Non-Standard Trade Booking controls Evaluate metrics and reports relating to these controls, and where relevant identify necessary actions and facilitate resolution of identified issues Generate monthly materials for senior governance forums which are accountable for consistent Front Office valuations Design and implement Front Office controls which effectively mitigate the risk of mis-valuation of financial instruments Engage with Markets Technology, senior Markets Traders and Risk functions to develop new technology capabilities for cross-Markets Valuation Risk controls Coordinate and lead Regulatory and Internal Audit requests impacting upon Valuations and remediation ensuring timely response and delivery Ongoing review and enhancement of Markets-wide Policies on Valuation Risk to drive standardized and consistent mechanisms to evidence controls and supervision of pricing risk Define operating control standards across Markets and embed within the Manager Control Assessment (MCA) framework to assess Valuation Risk controls and ensure businesses operates within risk appetite.Qualifications & Competencies: 10+ years' experience in Risk Management, Valuation Control, Trading or other related roles in the financial industry Strong technical understanding of derivative valuations across multiple asset classes Robust understanding of typical data structures for market data utilized by derivative models Strong controls mindset, identifying and mitigating risks, communicating and escalating concerns Experience dealing with regulators, Audit, Compliance and other Risk and Control functions Strong communication skills with an ability to influence senior stakeholders and to adjust communication style for the target audience Self-motivated and detail oriented Excellent project management and organizational skills, with an ability to multitask and adapt to change Ability to collaborate across businesses, regions and support functionsEducation: Bachelor's/University degree, Master's degree preferred Job Family Group: Risk Management Job Family: In-Business Risk Time Type: Full time Most Relevant Skills Analytical Thinking, Business Acumen, Constructive Debate, Escalation Management, Issue Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Stakeholder Management. Other Relevant Skills For complementary skills, please see above and/or contact the recruiter. Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review . View Citi's and the poster.
We're seeking a Senior Manager to join the 1LoD controls office (Enterprise Controls) and lead a team of specialists delivering operational risk support and performing robust control testing across the Chief Commercial Office and Group Strategy functions. Acting as a trusted partner to senior business stakeholders, the Senior Manager will d rive adherence to the Group Enterprise Risk Management click apply for full job details
Dec 14, 2025
Full time
We're seeking a Senior Manager to join the 1LoD controls office (Enterprise Controls) and lead a team of specialists delivering operational risk support and performing robust control testing across the Chief Commercial Office and Group Strategy functions. Acting as a trusted partner to senior business stakeholders, the Senior Manager will d rive adherence to the Group Enterprise Risk Management click apply for full job details
Who is HSBC Innovation Banking? HSBC Innovation Banking is the power behind the UK's forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors. Whether it's comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike. Here's to never standing still. Come and join us! The Role Reporting to the Senior Business Risk & Control Manager, the Business Risk Manager, Wholesale Credit Risk, will focus on partnering with the business to actively identify and manage Wholesale Credit Operational Risk. The role will partner with senior business leads in relation to control management and will be expected to collaborate effectively with controls colleagues based in the UK, elsewhere and more broadly HSBC to support and promote excellence in risk management within our first line of defence. The Value You Will Add Reviewing client relationships that meet HSBC Innovation Banking high risk business categories and geographies Supporting all aspects of the Non-Financial Risk Management Framework for the front-line teams to which they are aligned, with a specific focus on WCR. Provide Challenge and support to Senior Stakeholders within front line teams (including Heads of Business Lines) over the effectiveness of their control effectiveness. Deliver all aspects of the Non-Financial Risk Framework and other risk management frameworks, guides and tools. Support on the embedding of the Wholesale Credit Risk (WCR) Risk Taxonomy and Control Library (RTCL) and BAU activity across HSBC Innovation Banking. Being a subject matter expert on WCR and, control and process topics, advising HSBC Innovation Banking Business management and CCO in order that they fulfill their obligations under the financial (as the framework evolves) and NFR framework. Lead work with the 1LoD teams to deliver Risk and Control Assessments (RCAs) for aligned teams. Develop and present summary submissions on wholesale credit risk and controls to HSBC Innovation Banking formal committees. Act as trusted advisor for the 1LoD for their aligned teams on how to manage their non-financial risk and all items related. Undertaking control environment reviews to identify thematic issues and supporting the development of associated remediation plan. Coordinating the Read Across process across HSBC Innovation Banking to ensure the impact, if any, of material non-HSBC Innovation Banking incidents and events is understood. Responsible for the development and analysis of management information providing insights to identify emerging issues that may impact the risk landscape and elevate as appropriate. Work with colleagues exercise controls monitoring over WCR controls. Work with the business to develop and execute control monitoring plans to ensure effective management of the L3 risk type. Execute detailed control activity (e.g. review of applied credit limits) to ensure effective management of WCR. Work with colleagues in the Controls function and the business to assess control adequacy & effectiveness. Drive remediation actions for control deficiencies through risk events and risk issues. Track progress, re perform tests with colleague support and elevate as appropriate. Monitor adherence to risk policies, standards and procedures. Drive appropriate and measured response to Internal Audits and Compliance Monitoring reviews. Provide value add, proactive guidance, support and advice in relation to risk management and control. Provide risk management training as appropriate. You Will Need Solid experience of Wholesale Credit Risk. Knowledge of Corporate Banking products and operations would be a bonus. Good understanding of EUC management frameworks. Significant experience in risk management and reporting with the ability to operate across a broad array of stakeholders. Prior relevant experience in a global financial organisation. Ability to work with operational, functional and change teams to implement risk management solutions in a dynamic environment. An understanding of change frameworks and how risk management can be integrated effectively into change. Where you'll be based: Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office, with a current requirement to be in the office 2 days per week. 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. Ifyouhaveaneedthatrequiresaccommodationsor changes duringtherecruitmentprocess, please get in touch with our Recruitment Helpdesk: Email: Telephone:
Dec 13, 2025
Full time
Who is HSBC Innovation Banking? HSBC Innovation Banking is the power behind the UK's forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors. Whether it's comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike. Here's to never standing still. Come and join us! The Role Reporting to the Senior Business Risk & Control Manager, the Business Risk Manager, Wholesale Credit Risk, will focus on partnering with the business to actively identify and manage Wholesale Credit Operational Risk. The role will partner with senior business leads in relation to control management and will be expected to collaborate effectively with controls colleagues based in the UK, elsewhere and more broadly HSBC to support and promote excellence in risk management within our first line of defence. The Value You Will Add Reviewing client relationships that meet HSBC Innovation Banking high risk business categories and geographies Supporting all aspects of the Non-Financial Risk Management Framework for the front-line teams to which they are aligned, with a specific focus on WCR. Provide Challenge and support to Senior Stakeholders within front line teams (including Heads of Business Lines) over the effectiveness of their control effectiveness. Deliver all aspects of the Non-Financial Risk Framework and other risk management frameworks, guides and tools. Support on the embedding of the Wholesale Credit Risk (WCR) Risk Taxonomy and Control Library (RTCL) and BAU activity across HSBC Innovation Banking. Being a subject matter expert on WCR and, control and process topics, advising HSBC Innovation Banking Business management and CCO in order that they fulfill their obligations under the financial (as the framework evolves) and NFR framework. Lead work with the 1LoD teams to deliver Risk and Control Assessments (RCAs) for aligned teams. Develop and present summary submissions on wholesale credit risk and controls to HSBC Innovation Banking formal committees. Act as trusted advisor for the 1LoD for their aligned teams on how to manage their non-financial risk and all items related. Undertaking control environment reviews to identify thematic issues and supporting the development of associated remediation plan. Coordinating the Read Across process across HSBC Innovation Banking to ensure the impact, if any, of material non-HSBC Innovation Banking incidents and events is understood. Responsible for the development and analysis of management information providing insights to identify emerging issues that may impact the risk landscape and elevate as appropriate. Work with colleagues exercise controls monitoring over WCR controls. Work with the business to develop and execute control monitoring plans to ensure effective management of the L3 risk type. Execute detailed control activity (e.g. review of applied credit limits) to ensure effective management of WCR. Work with colleagues in the Controls function and the business to assess control adequacy & effectiveness. Drive remediation actions for control deficiencies through risk events and risk issues. Track progress, re perform tests with colleague support and elevate as appropriate. Monitor adherence to risk policies, standards and procedures. Drive appropriate and measured response to Internal Audits and Compliance Monitoring reviews. Provide value add, proactive guidance, support and advice in relation to risk management and control. Provide risk management training as appropriate. You Will Need Solid experience of Wholesale Credit Risk. Knowledge of Corporate Banking products and operations would be a bonus. Good understanding of EUC management frameworks. Significant experience in risk management and reporting with the ability to operate across a broad array of stakeholders. Prior relevant experience in a global financial organisation. Ability to work with operational, functional and change teams to implement risk management solutions in a dynamic environment. An understanding of change frameworks and how risk management can be integrated effectively into change. Where you'll be based: Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office, with a current requirement to be in the office 2 days per week. 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. Ifyouhaveaneedthatrequiresaccommodationsor changes duringtherecruitmentprocess, please get in touch with our Recruitment Helpdesk: Email: Telephone:
Who is HSBC Innovation Banking? HSBC Innovation Banking is the power the UK's forward thinkers, future makers, and leap takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start ups, scale ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors. Whether it's comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike. Here's to never standing still. Come and join us! The value you'll add: Reporting to the Senior Business Risk & Control Manager, Wholesale Credit Risk (WCR) the role will focus on supporting the business to actively identify and manage Wholesale Credit Operational Risk. The role will partner with business leads in relation to control management and will be expected to collaborate effectively with controls colleagues based in the UK, elsewhere and more broadly HSBC to support and promote excellence in risk management within our first line of defence. What you can expect to be doing: Support the delivery of all aspects of the Non Financial Risk Framework and other risk management frameworks, guides and associated tools used to manage risk across the HINV business. Work with colleagues to develop and execute controls monitoring over WCR controls and other risks as deemed appropriate. Work with the business to develop and execute control monitoring plans in line with policies, procedures and technical user guides to ensure effective management of the L3 risk type. Execute detailed control activity (e.g. review of applied credit limits), using policies and procedures related to the risk type to ensure effective management of WCR. Work with colleagues in the wider Controls function and the 1LoD business teams to assess control adequacy & effectiveness, ensuring results are documented and escalated as appropriate. Drive the documentation and remediation actions for control deficiencies through risk events and risk issues. Track progress, re perform tests with colleague support and escalated as appropriate. Drive appropriate and measured response to Internal Audits and Compliance Monitoring reviews. Provide risk management training as appropriate to ensure colleagues across the 1LoD have a good awareness of the risk management framework, associated tools and demonstrate an appropriate risk management culture. Requirements: Experience of Wholesale Credit Risk Good understanding of EUC management frameworks Previous experience working in a controls, risk and/or audit function Strong judgement and critical thinking skills Ability to prepare and present data in a way that is understandable to our business The ability to work independently and challenge effectively The ability to build strong relationships and demonstrate effective collaboration Strong organizational and time management skills Where you'll be based: Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office, with a current requirement to be in the office 2 days per week.
Dec 10, 2025
Full time
Who is HSBC Innovation Banking? HSBC Innovation Banking is the power the UK's forward thinkers, future makers, and leap takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start ups, scale ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors. Whether it's comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike. Here's to never standing still. Come and join us! The value you'll add: Reporting to the Senior Business Risk & Control Manager, Wholesale Credit Risk (WCR) the role will focus on supporting the business to actively identify and manage Wholesale Credit Operational Risk. The role will partner with business leads in relation to control management and will be expected to collaborate effectively with controls colleagues based in the UK, elsewhere and more broadly HSBC to support and promote excellence in risk management within our first line of defence. What you can expect to be doing: Support the delivery of all aspects of the Non Financial Risk Framework and other risk management frameworks, guides and associated tools used to manage risk across the HINV business. Work with colleagues to develop and execute controls monitoring over WCR controls and other risks as deemed appropriate. Work with the business to develop and execute control monitoring plans in line with policies, procedures and technical user guides to ensure effective management of the L3 risk type. Execute detailed control activity (e.g. review of applied credit limits), using policies and procedures related to the risk type to ensure effective management of WCR. Work with colleagues in the wider Controls function and the 1LoD business teams to assess control adequacy & effectiveness, ensuring results are documented and escalated as appropriate. Drive the documentation and remediation actions for control deficiencies through risk events and risk issues. Track progress, re perform tests with colleague support and escalated as appropriate. Drive appropriate and measured response to Internal Audits and Compliance Monitoring reviews. Provide risk management training as appropriate to ensure colleagues across the 1LoD have a good awareness of the risk management framework, associated tools and demonstrate an appropriate risk management culture. Requirements: Experience of Wholesale Credit Risk Good understanding of EUC management frameworks Previous experience working in a controls, risk and/or audit function Strong judgement and critical thinking skills Ability to prepare and present data in a way that is understandable to our business The ability to work independently and challenge effectively The ability to build strong relationships and demonstrate effective collaboration Strong organizational and time management skills Where you'll be based: Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office, with a current requirement to be in the office 2 days per week.
We're seeking a Senior Manager to join the 1LoD controls office (Enterprise Controls) and lead a team of specialists delivering operational risk support and performing robust control testing across the Chief Commercial Office and Group Strategy functions. Acting as a trusted partner to senior business stakeholders, the Senior Manager will d rive adherence to the Group Enterprise Risk Management click apply for full job details
Dec 10, 2025
Full time
We're seeking a Senior Manager to join the 1LoD controls office (Enterprise Controls) and lead a team of specialists delivering operational risk support and performing robust control testing across the Chief Commercial Office and Group Strategy functions. Acting as a trusted partner to senior business stakeholders, the Senior Manager will d rive adherence to the Group Enterprise Risk Management click apply for full job details
