HSBC is hiring for the position of Trainee Analyst – Analytics in Bangalore, India. Candidates with a Bachelor’s degree are eligible to apply for this position. The complete information, eligibility criteria, and requirements are provided below.
Job Description:
| Company Name | HSBC |
| Position | Trainee Analyst – Analytics |
| Qualifications | Bachelor’s Degree |
| Batch | 2020/ 2021/ 2022/ 2023/ 2024/ 2025 |
| Experience | 1 – 4 (Years) |
| Location | Bangalore, India (Hybrid) |
Key Responsibilities:
- Implement, maintain, and support the calculation of Fair Value Adjustments, including Independent Price Verification (IPV), Bid-Offer, Model Limitation, OCS, XVAs, and Prudent Value Adjustments across various asset classes.
- Enhance and maintain the Pegasus infrastructure supporting CVA, DVA, and FFVA calculations, with a recent focus on large regulatory projects related to Basel IV Standard Approach CVA, involving major infrastructure reorganization.
- Maintain and enhance the C++ library for reserves covering Rates and Equity products, including Bid-Offer reserves, IPV, PVA, and OCS.
- Develop and refine credit spread Bid-Offer methodology and asset-backed securities models used for IFRS9 impairment calculations.
- Build and optimize models for various liquidity measures used in management, ALCM, and FO reporting.
- Implement and calibrate IPV, Bid-Offer, and PVA models for FX options using C++ and Python.
- Produce stressed estimates for XVAs, FVAs, and PVAs under hypothetical market stress scenarios in response to regulatory requirements.
Eligibility Criteria:
- Strong quantitative and qualitative analytical skills.
- Excellent verbal and written communication skills.
- Strong problem-solving abilities with sound judgment and lateral thinking.
- Ability to work with a sense of urgency and deliver results quickly.
- Proficiency in coding with Python and/or C++.
- 1 to 4 years of professional coding experience.
- A degree in Computer Science is preferred but not mandatory.
About Company:
We’re a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 63 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers.
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