GSC: Senior IT Business Analyst; Credit

Some careers shine brighter than others.

If you’re 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.

We are currently seeking an experienced professional to join our team in the role of Senior IT Business Analyst (Credit).

• Support Credit Trading desks (e.g., CDS, bonds, indices, tranches as applicable) with live risk and P&L‑related analysis, issue triage, and day‑to‑day change needs.
• Act as the Front Office IT‑facing BA for live risk, partnering closely with Traders, Desk Strat/Quants (where applicable), Market Risk, Product Control, Valuation Control, Operations and Technology.
• Own and drive requirements definition for enhancements and fixes across risk, pricing/valuation inputs, sensitivities, curves/spreads, reference data, and market data.
• Perform impact analysis for changes affecting risk measures (e.g., CS01/DV01, spread risk, jump‑to‑default, basis, IR/credit curve moves), P&L explain, and valuation controls.
• Lead incident and problem management for live risk issues: triage, root‑cause coordination, prioritisation, and communication through to resolution (including workaround definition where needed).
• Support controls and governance: evidence collection, sign‑offs, and adherence to change management expectations in a controlled environment.
• Provide stakeholder updates (desk‑facing and management‑facing), simplifying complex risk topics into crisp, decision‑ready summaries.
• Contribute to operational readiness for live risk processes: runbooks/knowledge articles, support handover, and training for BAU teams where relevant.

• Strong knowledge of Credit Trading products and risk drivers (e.g., single‑name CDS, credit indices, bonds; plus understanding of spread/curve dynamics).
• Solid understanding of front‑to‑back trade lifecycle and how it impacts risk, valuation, P&L, P&L explain, and controls.
• Proven experience as a Business Analyst / FO IT BA / Production Support BA in a banking/markets environment, ideally supporting live risk.
• Experience working with risk and valuation concepts (sensitivities, curves, market data inputs, pricing assumptions) and partnering with Risk/PC/Valuation Control.
• Strong stakeholder management, including confidence engaging Front Office and handling time‑sensitive priorities.
• Strong written and verbal communication; able to produce crisp updates and structured documentation.
• Comfortable working in a controlled environment with audit trail, evidence, and formal sign‑offs.
• Ability to work calmly under pressure in a fast‑paced trading environment, balancing BA work with live issue management.

The pay range for this role is 20 000 PLN - 24 900 PLN (monthly, gross).

Variable pay is discretionary, but influenced by Group performance, business/function performance and individual performance.

We offer a comprehensive and competitive package of benefits covering healthcare, family friendly leaves, pension and life assurance, as well as many other benefits to support your wellbeing.

• Additional bonuses for recognition awards
• Multisport card
• Private medical care
• Life insurance
• One‑time reimbursement of home office set‑up (up to 800 PLN)
• Employee assistance program
• Additional contributions to PPK scheme
• Corporate parties & events
• CSR initiatives
• Nursery discounts
• Financial support with trainings and education
• Social fund
• Free parking

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.

We are looking to hire as soon as possible so don’t wait and apply now!

You’ll achieve more when you join HSBC.