Role Purpose

Global Recovery and Resolution Planning (RRP) is a function of Global Treasury and is led by the Head of Group Recovery and Resolution Planning. The team is the custodian of the Group Recovery and Resolution Strategy, which includes the management of our capabilities to recover in a severe financial stress and if unsuccessful our ability to be resolved and restructured in an orderly way.

The key responsibilities of RRP Restructuring and Management Actions including Solvent Wind Down (SWD) is the custodian of the repository of management actions, the coordination of the SWD exercise, the coordination of the Group Recovery and Restructuring Strategies, which includes the management of our capabilities to recover in a severe stress and if unsuccessful our ability to be resolved and restructured in an orderly way. 

In this role, you will:

• Develop the management action standards and controls to support the identification, design and validation of management actions, and maintaining these in line with regulatory expectations
• Maintain the Global management actions library in line with the standards across Group, all regions and legal entities, covering both quantitative (recovery capacity) and qualitative information
• Provide proactive stakeholder engagement with peers and senior management across Group Functions, Global Business Lines and Legal Entities to ensure the management actions standards and controls are adhered to and the completeness, accuracy and credibility of all management actions
• Support management in the co-ordination and delivery of the SWD exercises and provide insightful analysis of the results
• Support management in enhancing, maintaining and testing the Restructuring Strategy
• Engage in the various stress testing exercises to   determine the appropriate recovery strategy in response to the impact of the stress delta and viability of the go forward business, providing insightful analysis to support the decision making process and conclusions reached
• Deliver all documentation requirements relating to management actions to support the annual recovery planning exercises and stress testing requirements

Requirements

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

• Experience of the RRP and Solvent Wind Down requirements is desirable
• Accountancy qualifications, business or economics degree or experience preferred
• Experience in regulatory engagement is advantageous
• Strong stakeholder management skills and collaboration skills
• Demonstrable expertise in planning and organization of complex tasks
• Creativity, critical thinking and ability to identify problems and propose solutions
• Ability to deliver high quality written work with an attention to detail
• Ability to analyse large datasets and provide insightful analysis

You’ll achieve more when you join HSBC.