Head of Product Risk SEA

Description

Some careers grow faster than others.

If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with 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.

HSBC Corporate and Institutional Banking is a markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

We are currently seeking a high calibre professional to join our team as a Head of Product Risk SEA.

Principal Responsibilities

In this role you will

• This is a key role in GTS Southeast Asia region, with key responsibility for Singapore and oversight for Philippines, Thailand and Vietnam and the role encompasses the management of all areas of GTS Product Risk including GTS Non-Financial Risk, Transaction Risk Management and Quality Assurance
• Be the first port of call for all first line risk management matters in GTS for Singapore managing all financial and non-financial risk issues. This includes but is not limited to the business-operated controls which mitigate credit risk, and the key non-financial risks (financial crime, regulatory risk, legal, resilience, people, model and accounting & tax risks)
• Require a strong risk background to effectively identify, manage and escalate on risk issues and ensure implementation of Global FIM, GOPs whilst operating in a regulated and evolving environment
• The role holder will be critical in the embedment of a strong risk-aware culture, providing necessary guidance to in-country teams to effectively implement global policy and control points, ensure timely escalation on risk issues and gaps observed and develop an effective plan to address these risks and gaps
• Work with multiple departments and stakeholders within GTS and the wider CIB environment to deliver effective risk mitigation, and maximize portfolio returns across the GTS suite of products through management of risks and losses. Additionally to provide oversight of GTS facilities and leading both TRM and Controls Office
• Be responsible for ensuring the alignment of portfolio risk appetite to the risk appetite of the business. This will be achieved through monitoring and periodic reporting of portfolio risk and key metrics to the regional Product Risk team and all relevant risk stewards highlighting key and material risks in the portfolio and follow through with actions to address any concerns raised on the portfolio
• Contribute to development of new initiatives, new propositions and business plan in country, in collaboration with the regional team
• Lead the end-to-end Operational Risk Programme in Singapore and oversight of key risk issues in Philippines, Thailand and Vietnam and be a member of Regional GTS Product Risk leadership team and contribute to the development of Product Risk's function and achievement of its strategic aims

Qualifications

To be successful you will need

• Strong trade background preferred, and broader trade experience and knowledge including excellent FCC knowledge
• Proven track record in risk management with specialisms in at least one of operational risk management or credit risk, preferably on structured products
• Experience in building a strong risk culture in a business, leading risk specialists to effectively implement Global policy
• Demonstrate strong decision-making capability and be able to protect and enhance HSBC values, reputation and business
• Ability to work with large amounts of data with ability to interpret and summarise meaningfully for Executive Management
• Effectively solve problems that cross different risk disciplines and involving multiple teams

Opening up a world of opportunity

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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