Senior Hedge Accountant - MFVH

Location:Greater London


Senior Hedge Accountant – MFVH, Finance

Some careers open more doors than others.

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward looking analysis, accuracy, efficiency, and control to frame and influence business decisions.

As an HSBC employee in the UK, you will 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.

The key purpose of this role is to support the Ring Fenced Bank (HBUK) in its delivery of a macro fair value hedge “MFVH”) accounting programme.

This will include:
  • Oversight and responsibility for leading RHU’s work as part of the HBUK MFVH programme.

  • Building relationships and interacting with all relevant stakeholders (other Product Control Functions, IT, Global Accounting Policy, Asset Liability and Capital Management, Balance Sheet Management, External and Internal Auditors, and relevant Businesses) as part of this programme.

  • To co-ordinate and work closely with the relevant IT teams and developers in building a suitable automated solution which meets all technical accounting requirements.

  • Developing end-to-end control frameworks and processes within the Hedging Team and also across the other impacted teams to ensure the efficient operation of the model.

  • To communicate and present to relevant forums the risk and control framework and technical accounting requirements in a way that non-experts can understand.