Job Description

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. 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 SVP Private Bank Credit Risk Approver.

Principal Responsibilities

• Review, recommend, and approve Private Banking credit proposals for Hong Kong in accordance with authorised credit limits
• Maintain sound credit quality in line with the Group's / HBAP's core credit culture- conservative, constructive and competitive. Promote prudent lending principles to ensure strong asset quality and to minimise credit losses
• Ensure credit facilities and exposures are within the approved risk appetite and complied with local regulations
• Primary point of contact for the portfolio under responsibility for Private Banking related matters; which include approvals, pipeline discussions, management of problem exposures, processes, policies and guidelines
• Involvement in region-wide and local Risk related projects or forums as delegated by Head of WCR ASP and/ or Head of PB Credit Risk ASP from time to time
• Proactively identify and highlight emerging risk issues and sub-standard credit exposures and ensure appropriate action is taken to protect the Bank's interests
• Engage stakeholders and internal customers regularly by understanding and sharing vision, best practice, challenges, and potential solutions; and by working collaboratively on transaction pipelines, credit guidelines, portfolio or product reviews, appetite definition and other credit risk related initiatives
• Maintain regular communication with Business, Product, Group and other in-country Risk teams, provide feedback or advice to maintain effective relationships in the areas of responsibility; reinforce HSBC's strong brand value with third parties
• Provide best practice feedback, and review portfolio management & functional aspirational targets to highlight any credit / environmental / reputational / operational issues arising

Requirements

Requirements

• Minimum an undergraduate or post-graduate degree in Business Administration, Finance or a related field
• Open to candidates with corporate banking, asset financing, wholesale market, capital market risk experience
• Exposure to demanding operational environment to gain insight into effective risk management applications ideally for High Net worth/PB clients
• Working across all levels of the organization to understand cross-functional linkages and interdependencies, as well as the implications of credit and other risks at both a strategic level and at the Global Business level
• Experience of driving forward under a strategic framework with demonstrated results
• Has developed a high level of professional competence which helps to determine risk based solutions
• Understanding of credit analysis and policies, and sound knowledge of operational, legal, conduct, suitability and credit risk across the full range of PB products, including Lombard Lending
• Appreciation of the wider economic and global environment and its effect on HSBC and Global Private Banking, and more specifically, its clients
• Ability to form effective relationships and achieve influence at the senior level in the organization
• Communication and interpersonal skills, including the capacity to articulate the case for risk management in the language of business
• Understand and interpret complex business requirements
• Proven ability to prioritize competing demands
• Demonstrated ability to assess risk trends, both internally and externally
• High levels maturity, resilience, sharp negotiation and communication skills

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

You'll 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.