Job Description

Job description

Some careers have more impact than others.

If you\xe2\x80\x99re looking for a career where you can make a real impression, join HSBC and discover how valued you\xe2\x80\x99ll be. 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.

Wealth and Personal Banking is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world\xe2\x80\x99s largest global wealth managers with USD1.4 trillion in assets. Across Asia, where wealth pools are growing faster than in any other region, HSBC\xe2\x80\x99s wealth revenues grew 12% in 2019 (year-on-year) to USD5.7 billion. Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking individuals and families, through to business owners, investors and ultra-high-net-worth individuals. We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers\xe2\x80\x99 needs.

We are currently seeking a high calibre professional to join our team as an Assistant Vice President, RBWM Risk and Control, RBWM CCO.

Principal Responsibilities

WPB Risk & Control Management role act as a First Line of Defence and work closely with Risk Owners and Control Owners to drive the effective governance and management of non-financial risks in the First LOD. They provide proactive advice based on risk and control knowledge and insights and present risk management solutions where appropriate

The First Line of Defence Framework includes all Risk & Control related tasks including developing appropriate Risk Control Assessment (RCAs), Continuous Monitoring through Key Indicators (KIs) and thematic reviews, Risk Appetite and the Management Information (MI) and Reporting thereof by which the BAU monitoring can be well managed.

In addition, the individual needs to overall:

• Enable the Business to clearly, consistently articulate the risk profile of the business/process including the health of the controls
• Support Risk and Control Owners in identifying anomalies in control effectiveness or the aggregation of risks that may take the risk profile of the business outside of tolerance
• Drive the development and implementation of risk related processes, in collaboration with Risk Stewards (2LOD) and taking regulatory requirements into account
• Promoting desired behaviours and a positive risk culture, and supporting the delivery of the conduct outcomes
• Conduct thematic reviews to identify any process gaps/lapses and further strengthen the controls
• Establish appropriate operational controls based on risk assessments to ensure that the Group\xe2\x80\x99s Operational Risk Management Framework is met and fully adhered to
• Conduct thematic reviews to identify any process gaps/lapses and further strengthen the controls
• Implement Non-Financial Risk Framework including control monitoring plans
• Execution of the Risk Assessment Process: RCA scoping, refresh RCA assessments, risk appetite statements

Requirements

Requirements

• Good understanding of operational risk and controls, preferably gained through experience in front line and risk roles
• A good understanding of the Group\xe2\x80\x99s Operational Risk Framework
• Proven problem solving skills with ability to consider alternative and lateral solutions
• Highly developed communication and influencing skills
• Ability to prioritise and work independently under pressure within a team environment
• A sound knowledge of the Group and the WPB business, including products & services

To be considered for this role, the relevant rights to work in Singapore is required.

You\xe2\x80\x99ll achieve more when you join HSBC.

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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