Job Description

Job description

Business: Global Private Banking

Open positions: 1

Role Title: AVP - Quantitative Investment Strategist, GSC\xe2\x80\x99s

Global Career Band: 5

Location: Kolkata

Recruiter Name: Sowmya Basavaraju

Why join us?

• Support the Global Investment Committee (GIC) in investment decision making and content production.
• Support our Advisory and Discretionary businesses trade ideas, product launches and investment solutions.
• Support our UHNW initiatives by devising and promoting trade ideas, investment strategies, and bespoke portfolio solutions.

What you\xe2\x80\x99ll do:

Principal Accountabilities:

Key activities and decision making areas

Systematic Trading Strategies

• Develop, implement, and maintain a range of predictive signals across key macro markets and asset classes, including equity indices, FX, rates, credit, commodities, and volatility markets.
• Develop full quantitative trading strategies based on above signals with reference to global macro markets (futures, forwards, options), owning all aspects of systematic risk management, position sizing and rebalancing.
• Provide regular updates and interpretation across a range of market dashboards, signals, and indicators.
• Fully automate the entire workflow in relation to team\xe2\x80\x99s existing strategies. Incorporate new ones into production on an ongoing basis.
• Support related product launches via structured products, UHNW solutions, and QIS.
• Support production of our publications such as The Monthly View, The Big Picture, the Quarterly Investment Outlook.

Typical KPIs and Targets

• Feedback from Functional Manager
• Feedback from Global CIO

Customers / Stakeholders

• Head of Asset Allocation,
• Global CIO team,

Typical KPIs and Targets

• Feedback from Functional Manager
• Feedback from Global CIO

Leadership & Teamwork

Strong team-player

Typical KPIs and Targets

• Feedback from Functional Manager
• Feedback from Global CIO

Operational Effectiveness & Control

• Be able to work collaboratively and keep colleagues up to date
• Be able to work under pressure and meet deadlines
• Sense check all inputs and outputs and flag any discrepancies early

Typical KPIs and Targets

• Feedback from Functional Manager
• Feedback from Global CIO

Major Challenges

• Ability to productionise existing jupyter notebooks
• Having strong software development skills (python, SQL, pandas, etc), quantitative skills (portfolio optimisation, data analysis, feature engineering), and visualisation skills (seaborne, matplotlib, etc).

Role Context

The Global CIO team is responsible for formulating and communicating the investment view to HSBCs client base. Evidence-based investment ideas, signals and strategies are crucial for the robustness and relevance of our investment strategy.

Management of Risk

The candidate needs to be aware of Operational Risk associated with the role and acts in a manner that takes into account operational risk considerations. The SAA model is subject to Group Independent Model Review, and as such its use needs to meet all relevant standards.

Observation of Internal Controls

• Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
• Understands the Operational Risk scenarios associated with the role and act in a manner that takes account of operational risk considerations.
• Understands, follows and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.

Requirements

What you will need to succeed in the role:

The ideal candidate will have:

• Three to ten years of experience in a relevant role.
• Strong programming skills in Python and SQL as a minimum.
• Demonstrated knowledge of financial economics, asset pricing and derivatives pricing theory and practice
• Experience with Bloomberg PORT desired but not necessary.
• Ability to apply standard portfolio construction methodologies (mean-variance-tracking-error, risk parity, multi-period optimisation, convex programming, etc.)
• Outstanding attention to detail.

Qualifications:

• Post-graduate degree in science or engineering.
• CQF or FRM qualification desired but not essential

Leadership/delivery skills

• Self-starter
• Strong written and verbal communication skills

Stakeholder Relationship skills

Be a motivated team player, flexible in approach, and able to take full responsibility for own tasks and deliverables

I.T. Skills

• Strong Python and SQL skills.
• Knowledge of portfolio construction, predictive analytics, data analysis and visualisation.
• Advanced skills at putting prototyped python code into production (batch files, automation, etc)
• Ability to create and maintain a market database for team\xe2\x80\x99s use.

You\xe2\x80\x99ll achieve more at HSBC

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.\xe2\x80\x9d

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

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HSBC