.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.

HSBC Private Bank seeks to be the leading international private bank for business owners and their families. It provides clients with wealth, business and family succession solutions in the largest and fastest growing markets around the world. At HSBC Private Bank, we put our clients at the centre of everything we do.

We are currently seeking an ambitious individual to join our team as a Global Business Manager – Models, Pricing, Product Governance, Suitability & Risk Oversight, working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

You will be responsible for daily workflow management/tracking in all key commercial projects, strategic objectives, governance requirements and issue resolution across all five teams: Models, Pricing, Product Governance, Suitability & Risk Oversight. You will work closely with the Global Head of Models, Pricing, Product Governance, Suitability & Risk Oversight to provide support with regards to the delivery of business strategy, commercial projects, regulatory engagements, business simplification, streamlining, business reporting, governance and peoples management. The role holder will act as a business subject matter expert able to represent the interests of the department at strategic business projects and governance forums.

The role holder will be a member of the leadership team of the Global Head of Models, Pricing, Product Governance, Suitability & Risk Oversight.

In this role, you will:

• Support the Global Head of Models, Pricing, Product Governance, Suitability & Risk Oversight with day to day management of key projects, commercial targets, regulatory/governance related issues, committee engagements across HSBC Group, risk & control including people’s management across all five teams.
• Support the management of core business activities across Models, relating to: (1) Model Design, Development, Validation & Implementation, (2) Model Portfolio, Risk Analytics & Risk Mitigation, (3) Model Monitoring, Control, Standards & Documentation, and (4) Model Governance across HSBC Group, Policy & Regulatory Risk. Scope of financial models include: Front Office (Advisory, Discretionary, Pricing, Products, Market Strategy, Credit Advisory), Wholesale Credit Risk, Retail Credit Risk, Stress Testing, Financial Crime, IFRS9, Financial Reporting, Economic Capital, Stress Testing, Asset Liability Management, Compliance, Surveillance, Operational Risk, Artificial Intelligence and Machine Learning models.
• Support the management of core business activities across Pricing, relating to: Product Fair Value Exchange (FVE) Criteria’s, and a range of strategic commercial projects on (1) Transparency, (2) Product Design & Pricing, (3) Monitoring & Supervision, and (4) Discounting.
• Support the management of core business activities across Product Governance, relating to: engagement of Global Product Heads at the Global Product Committee, actions and remediation’s on GPB&W products, investment services and credit solutions, and enhance/maintain partnership with local/regional Product Oversight Committees.
• Support the management of core business activities across Suitability, relating to: the wealth model transformation programme, implementing the global framework across markets and associated Product/Portfolio Risk methodologies and Client Risk Profiling frameworks (affordability, emergency fund, Knowledge & Experience, etc.). Leading the change delivery for Aladdin, and Strategic Financial Planning/SFP when impacting the suitability framework. Help develop and deliver relevant training to client facing staff on suitability related policies and best practice.
• Support the management of core business activities across Risk Oversight, relating to: engagement co-ordination of senior management at the centralised business Risk Oversight Committee (RoC), co-ordinate participation at RoC by Global Control Owners (IWS Product Heads & IWS ExCo), project manage enhancements to the RoC and keep connected stakeholders and functions updated on status. Oversight the monitoring of risk controls which result in the acceptance, mitigation and avoidance of risk in the markets. Provide oversight across the 26 countries where IWS products are distributed by ensuring that escalation and information flow is robust. Help the team to pro-actively identify risks.
• Assist, as required, with overall team projects.
• Be the teams subject matter expert, providing related support to stakeholders across IWS and GPB&W.
• Support the delivery of training on models and suitability to the business relating to business, regulatory and legal changes.

Requirements

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

• Project Management. Transferrable experience is welcome.
• Experience in dealing with multiple stakeholders.
• Strong interpersonal people’s skills.
• Experience in multi-tasking by the dozens.
• Experience of managing Frameworks in an investment related business is preferred.
• An understanding of investment, banking, credit and insurance products and services is an advantage.
• Getting results through effective management of processes; possess capacity to define problems and find effective solutions; ability to relate to people at all levels both internally and externally.
• Strict deadline management with project management discipline.
• Ability to work independently and manage business as usual tasks while also progressing elements of various projects.
• Excellent written and oral communication skills.
• Excellent relationship management and diplomacy skills, ability to communicate, influence and negotiate effectively.
• Be highly organised with attention to detail.
• Undergraduate University degree.

You’ll achieve more when you join HSBC. 

https://mycareer.hsbc.com/external

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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.