Job description

Technology Third Party Risk – Regulatory and Risk Insight Lead

Big Bank Funding. FinTech Thinking.

Our technology teams in the UK work closely with HSBC’s global businesses to help design and build digital services that allow our millions of customers around the world, to bank quickly, simply and securely.

We are currently recruiting a Regulatory and Risk Insight Lead to manage Technology Third Party Risk within the Technology COO.

Reporting to the Global Third Party Risk Officer – Technology, this leadership role within the Technology Third Party Risk team will lead and drive our risk management approach to ensure compliance with global regulation and proactively and effectively manage all aspects of Third Party Risk across ~3,000 engagements globally.

What you will be doing;

• Bring a leadership capability to drive and mentor the team and wider stakeholders
• Assess current practice against regulatory requirements and industry best practice and determine whether risk is effectively identified, assessed and mitigated
• Drive alignment and optimisation with key TPRM processes (e.g. Cyber Security, External Hosting etc.).
• Assess and implement changes to Third Party Risk Management policy or process driven from centre.
• Mature best practice – driving risk management culture and focus on true and deep risk management.
• Drive improvements, clarifying guidance and communications in lifecycle with relevant risk domain and / or process owners
• Focus on suppliers and engagements with the highest risk and potential impact (Critical Business Services, Material Outsourcing / Third Parties)
• Identify and resolve people, process, tooling and data issues
• Develop an increasingly mature predictive analytics capability
• Support upskilling of key roles across the TPRM lifecycle.
• Understand and incorporate Internal Third Party Risk Management processes as needed
• Identification and management of dependencies on other functions / departments
• Management of periodic / specific incremental issues (e.g. COVID-19 BC)

Requirements

What you will bring to the role; 

To be successful in this role you should;

• Have extensive experience of managing complex processes across diverse stakeholder groups
• Have a demonstrable track record of implementing Third Party Risk Management processes and capabilities into a large financial services organisation
• Demonstrable track record of driving optimisation of Third Party Risk Management across all relevant risk domains, including:
  • Business Continuity / Resilience / Exit Planning
  • Information & Cyber Security
  • Regulatory Compliance
  • Sub-contractor / ‘nth’ party management
• Bring a deep understanding of relevant regulatory environment for HSBC (e.g. PRA including SS/2/21 Outsourcing and Third Party Risk, EBA, HKMA

This role is ideally based in London.

Come Power a Business that Defines How to Power the World

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.

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.

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.

You can find out more about the recruitment journey and what to expect by viewing our Recruitment Process FAQs in HR Direct and by clicking here (only available via internal access).