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.

Human Resources leads the implementation of the Group’s people strategy in line with business objectives. It facilitates talent management, succession planning and employee mobility while defining and overseeing frameworks that support employee performance management, reward, learning and development, resourcing and engagement.

We are currently seeking an ambitious individual to join our team as a Third Party Management, Project Manager, working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

The Third Party Management, Project Manager will act as a primary point of contact for all matters related to the Prudential Regulation Authority (PRA) supervisory statement (SS2/21). The overall purpose of the role is to provide regular oversight and support on the PRA remediation. Working with key stakeholders across Human Resources (HR) to embed the changes to existing framework.

In this role, you will:

• Provide Materiality Assessment: All Third party engagements (not only outsourcing) should be assessed for materiality using the enhanced criteria set out in the supervisory statement
• Firms should assess if sub-outsourcing meets the materiality criteria and assess that the third party has the ability and capacity to oversee any material sub-outsourcing
• Firms must periodically (re)assess and manage concentration risks. The SS expands on the types of concentration that should be overseen (single provider, geographical, subcontracting, etc.)
• Both parties must implement and test business continuity plans, taking into account firms’ impact tolerances for important business services
• Exit strategies must be developed taking into account scenarios where a third party failure may result in a breach to the impact tolerance of the associated Important Business Service
• Clarify and expand notification requirements to include: all proposed material engagements; where unable to obtain agreement of certain contractual provisions; alternative arrangements for onsite assessments

Requirements

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

• Good knowledge of risk management processes and toolset is must
• Knowledge of HR departments and General Services Office (GSO) areas, including HR and Procurement core platforms (e.g. Archer) and processes is desirable
• Strong understanding of HSBC governance, processes and obligations regarding sourcing, engaging and managing 3rd parties is preferred
• Knowledge of Third party - Supplier Management process from entry to exit is desirable
• Knowledge of HSBC Archer / Helios Procurement toolset is preferred
• Strong understanding of Risk management principles and risk management lifecycle is preferred
• Strong understanding of HSBC Group structures, values, behaviour’s, processes and objective
• Knowledge of key project and programme management risks and considerations

You’ll achieve more when you join HSBC. 

https://mycareer.hsbc.com/external

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.