Description
Some careers shine brighter than others.
If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. 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 thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency, geopolitical, operational, credit, pension, insurance, 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.
We are currently seeking a high calibre professional to join our team as a Vice President, Wholesale Credit Risk (WCR).
Principal Responsibilities
- Deliver and implement the HSBC Wholesale Risk strategy across Wholesale Business segments
- Ensure a high level of asset quality and prudent level of portfolio diversification with the objective of minimizing loan losses
- Ensure that Wholesale Bank has a robust and effective forward looking Risk Identification strategy.
- Ensure that the balance between risk and reward is carefully managed, by informed and effective decision making within Wholesale Risk.
- Provide critical assessment of new wholesale products and services, ensuring they meet Group Risk principles and strategy as well as promote quality growth plans within HSBC’s global strategy.
- Ensure that all management and staff in Wholesale Business segments minimize the risks of loss due to customer fraud and operational losses due to customer fraud and operational risk in relation to requests for credit facilities.
- Maintain and promote high level of service standards to enhance customer experience and ultimately benefit HSBC reputation and performance.
- Promote a culture of knowledge and best practice sharing between Risk and internal customers, thereby ensuring that coaching and development needs are quickly identified and action plans can be implemented
- Ensure compliance with area and group’s lending guidelines, audit and regulatory requirements, and ensure that processes and procedures support HSBC Risk standards, resulting in high quality management of wholesale risk
- Ensure all annual reviews for wholesale banking relationships are completed within the month they fall due.
Qualifications
- Min. 8 years of experience at a senior level in Corporate/Commercial Banking/Credit Risk Management, analyzing corporate credit including quantitative analysis, credit approvals, undertaking risk identification on a customer and portfolio basis, conducting sector/industry reviews and risk management coaching
- High degree of analytical skills and industry knowledge and the ability to work within tight timescales commensurate to the competitive business environment
To be considered for this role, the relevant rights to work in Singapore is required.
You’ll achieve more when you join HSBC.
www.hsbc.com/careers
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.
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