XVA Product Development Manager

If youre 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.

HSBC is one of the largest banking and financial services organisations in the world with operations in 64 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.

Were currently seeking an experienced professional to join our team in the role of XVA Product Development Manager.

Youll be responsible for executing the XVA change agenda across the end-to-end front-to-back technology stack acting as the lead delivery partner for the XVA trading desk. Youll translate trading requirements into controlled high-quality change ensuring solutions are aligned to risk governance conduct and regulatory expectations.

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.

In this role youll:

Own and drive the XVA delivery roadmap across front-office pricing and risk market data inputs trade capture downstream processing P&L/finance impacts controls and reporting

Serve as the primary point of contact for XVA Trading on platform enhancements and change delivery; manage priorities scope milestones and dependencies

Lead the end-to-end change lifecycle: requirements solution design build oversight testing strategy release governance and post-release support

Partner with stakeholders across Trading Quants Technology Market/Credit Risk Finance Operations and Control functions to deliver outcomes and manage risk

Drive improvements to XVA capabilities (e.g. CVA/FVA/FCA/KVA methodologies sensitivities workflows reporting) and reduce manual processes / operational risk

Ensure changes meet HSBC standards for controls auditability documentation and model/change governance

Uphold the HSBC Code of Conduct ensuring fair customer outcomes and orderly transparent market operation

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

Extensive experience in product management business analysis change delivery or technology delivery within Markets/Front Office (bank or financial institution)

Strong understanding of derivatives lifecycle and the front-to-back impacts of change (risk finance operations)

Working knowledge of XVA concepts (e.g. CVA/FVA/FCA/KVA) key inputs sensitivities and reporting implications

Proven track record delivering across complex multi-system environments with multiple stakeholders and dependencies

Excellent communication and stakeholder management skills with ability to engage credibly with Trading Quants and Technology

Strong analytical structured problem-solving and delivery mindset; able to operate under pressure

Familiarity with SA-CVA / FRTB and/or change governance in model/risk-controlled environments

Exposure to credit curves / conventions (e.g. CDS mapping) and/or cross-asset derivatives (IRS CCS FX Inflation)

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 were 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.

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Telephone: 44