Traded Risk Manager

Role purpose

The Traded Risk function monitors, evaluates, and manages market and counterparty risks impacting the HSBC Group. It is responsible for establishing the global risk management framework for Traded Risk and plays a key role in ensuring that the Bank is compliant with current and future regulatory requirements relating to Traded Risks and their capitalization.

This role is responsible for generating various risk reports, as well as controlling and monitoring the market and counterparty risks incurred by HSBC Mexico, through the measurement of the risk exposures reflected in the different indicators that are compared against the limits established by the administration, with the purpose of reporting in a timely manner the aforementioned exposures, complying with the Internal Normativity and the current local regulation.

Main activities

1. Verify daily the observance of the specific limits for traded risk per business unit, risk factor, and other established criteria, to generate information that allows the design of modification proposals for current limits or reduction of exposure levels.
2. Generate daily and monthly reports (consolidated and broken down by business unit and risk factor) of exposure to Market Risk, through the exposure measurement of each market risk factor against the limits established to achieve a reliable report. (Different reports are generated according to the end users: involved areas, risks, and regulatory committee of the CNBV).
3. Verify daily that all the inputs for the completion of the Traded Risk Report are ready in a timely manner.
4. Backtesting report.