Programme Manager
Contract until end of 2026
London / Hybrid
£104,000 per annum
HSBC are looking for a Programme Manager for the ALCO Books Migration programme. This is a programme within the Markets Treasury area in MSS. This programme is a PRA committed programme with commitments closing by end of 2026. The main objective of the programme is to migrate books from ALCO to Markets Treasury within the hierarchy Management System (HMS) with an intent to uplift the trading controls of these books. This role will primarily programme manage the EMEA migration and its related control uplift activities between March and May 2026. Post this period, this role will support a wider range of activities for three regions ASP, EMEA and the Americas. i.e. Q1 and Q2 will focus on EMEA book migration and Trading Control uplifts, Q3 and Q4 will focus on completing all milestones for the programme including a re-evaluation and assessment of trading control to ensure that controls have been uplifted as promised for each entity that were in-scope for the ALCO Books Migration Programme (migrated / no-migrated entities) and promised to the PRA.
Responsibilities of the role:
*Lead the delivery of the EMEA book migration, ensuring all programme objectives and regulatory commitments are met.
*Coordinate with all control areas to ensure Trading Controls (TCs) are fully uplifted across the five EMEA control domains.
*Oversee the completion of all Day 2 actions for the migrated entities.
*Drive the Level 2 milestone "MKTY PRA TC: L2 Trading Controls MI brought into regional NFRM for each entity," ensuring accurate reporting and alignment within Clarity.
*Agree the out-of-scope book population with the NFR team, securing formal validation and managing any programme actions related to control uplifts for these books.
*Support HMS hierarchy changes to meet Market Risk requirements, including the introduction of a new MKTY node within HMS for limit roll-up and risk aggregation.
*Maintain accurate milestone reporting in Clarity, ensuring all updates are timely, complete, and aligned with programme governance standards.
*Update the controls matrix and collaborate with each control area to ensure their respective milestone updates are reflected accurately.
*Lead the evidencing of Trading Controls uplift for each entity and associated in-scope books; act as primary owner of the artefact package required by the overarching Trading Controls Programme.
*Provide occasional support in the preparation of PSC and GWG materials, where required.
*Complete the PIR questionnaire for NPDD as part of programme closure requirements.
Key Requirements
*Experience within MSS or Markets Treasury is highly advantageous, though not essential.
*Background in Finance, particularly within Product Control, Financial Accounting, or Financial Reporting, is a strong plus but not mandatory.
*Proven programme management experience, ideally with a track record of delivering or leading large-scale global programmes within Financial Services.
*Strong understanding of control frameworks and how controls operate across financial, trading, and regulatory environments.
*Experience using Clarity or similar project and portfolio management systems.
*Excellent stakeholder management skills, with the ability to influence, coordinate, and drive outcomes across a wide set of senior and cross-functional stakeholders.
*Ability to interpret and understand commitments made to the PRA, including reviewing closure packs and supporting the programme in evidencing full completion of all regulatory commitments.
*High degree of flexibility and adaptability, with the ability to respond effectively to changing business needs, shifting priorities, and emerging programme requirements.
If you are interested, please do not hesitate to apply! Please note that in the event of a high volume of applications, we will only be able to reach out to successful applicants in the first instance.