Job description

Some careers open more doors than others!

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

Global Risk is a growing and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and multifaceted 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.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

The team engages in the review, recommendation and/or approval of industry agnostic leveraged credit proposals for Private Equity backed clients.

We are currently seeking an experienced individual to join this team in the role of Lead Risk Officer – Leveraged Credit, Wholesale Credit Risk within HSBC UK Bank – Wholesale Credit Risk.

In this role, you will:

• Evaluate, recommend and approve transactions and annual reviews within personal approval authority for Leveraged and Acquisition Finance related transactions
• Ensure prudent and well-structured proposals for the Leveraged Corporates/Mid Market Financial Sponsors portfolio. Guidance is to be provided to support the business and ensure an efficient credit process
• Engage with stakeholders communicating decisions in a clear & concise manner within required timescales
• Lead and improve the risk portfolio by implementing lending and credit guidelines and ensuring credit standards are consistent with Group policy objectives
• Assess on a continuous basis the credit quality of the portfolio with a particular view to ensuring the appropriateness of Counterparty Risk Ratings and approved limits
• Engage in pro-active risk management to support the identification and management of problem exposures, portfolio risk and sector issues with the aim of minimising loan impairments/credit losses
• Be a source of expertise to the business and provide wider contribution to other areas of Wholesale Credit Risk through teamwork and sharing of best practice
• Operate with a degree of self-sufficiency in day-to-day work and support senior management.

Requirements

Successful candidates should meet the following requirements:

• Solid and diversified banking experience and a good understanding of the banking industry, lending practices, guidelines and appetite.
• A robust knowledge of the Corporate & Commercial Banking business
• Demonstrable strong analytical and technical skills, as well as the ability to quickly understand and consolidate diverse and complex business information including financial statement and cash flow analysis to identify and mitigate risks
• Track record of being able to confidently make decisions on complex lending propositions
• Conversant with Leveraged Finance and Private Equity and, aware of prevailing market trends in terms of credit structures and risks
• Ability to show resilience under pressure, including working to tight deadlines and be able to simultaneously manage competing approval deadline requests
• Excellent interpersonal skills and ability to participate in discussion and credit approval forums involving various partners from multiple functions
• Ability to articulate credit views to senior management in a clear and succinct manner as a basis for supporting judgemental credit decisions
• Understanding of LMA documentation

• Self-starter with a demonstrated team player attitude

The base location for this role is London however hybrid working is available with some days working from home. 

You’ll achieve more when you join HSBC.

At HSBC we look to enable our employees to better balance their work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, and working from home and staggered hours. If in considering a role with HSBC you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.

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.

We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies