Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency, geopolitical, operational, credit, pension, insurance, financial crime and regulatory compliance, market and reputation risks. All parts of the Global Risk team use their skills, insight and integrity to handle established threats and those they see emerging, acting to protect and enable HSBC to deliver sustainable growth.

We are currently seeking an ambitious individual to join our team as an Assistant Manager Wholesale Credit Risk, working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

The Assistant Manager will report to the Group Regional Lead, Impairment Process & Control, part of the broader Wholesale Credit Risk team. The role will assist in coordinating & managing the end-to-end impairment process as well as managing key interactions with other related teams (i.e. Group Risk Analytics, Forward Economic Guidance, Finance and Stress Testing teams) at both a group and regional level.

The role holder will have to play a lead role in several respects, including but not limited to the following:

• • Ensuring smooth running of a new Operating Model and Governance process
  • Ensure compliance to Group policies and governance and controls framework
  • Ensuring the team are performing Review and Challenge activities for key regions in a timely manner
  • Coordinating activities with Stress Testing, Sovereign Risk & Forward Economic Guidance Teams

In this role, you will:

• Build effective working relationships with the business teams and other related teams (Forward Economic Guidance, Finance, Stress Testing etc.)
• Face off to senior management across business lines and ensuring all queries are resolved in a timely manner
• Coordinate and delegate processing tasks to/with associated teams based Offshore
• Liaise with internal and external audit teams to ensure regulatory compliance and improve risk mitigation
• Manage any conflicts with internal and external stakeholders

Requirements

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

• Experience of credit risk management and/or measurement
• Understanding of financial reporting controls and Sarbanes-Oxley (SOX) processes
• Ability to a provide a proactive focus on risk/issue identification and mitigation, recognising where Management Information (MI) should be escalated for further review
• Promote a culture of control awareness and best practice across the impairment process
• Ability to effectively work with global and regional teams in Risk, Finance and relevant Transformation functions
• Ability to demonstrate leadership qualities across the impairment process
• Understanding of Finance & Risk processes at HSBC or a Global Bank an advantage
• Communication with senior stakeholders, e.g. lead discussions, prepare executive-level commentary and technical papers etc.

You’ll achieve more when you join HSBC. 

https://www.hsbc.com/careers

HSBC is 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. 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.

Issued by The Hongkong and Shanghai Banking Corporation Limited.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.