Assistant Manager — Wholesale Credit Risk UK-GSC’S

Business: Wholesale Credit Risk (WCR), UK

Open positions: 1

Role Title: Assistant Manager — Wholesale Credit Risk UK-GSC’S

Global career Band:7

Location (Country/city)- India-Kolkata

Recruiter Name: Akshay Kumar

Why Join us:

The aim of this role is to undertake Balanced Risk Decisions for Scored Lending segment, UK to ensure that WCR:-

• Contributes to the development of the Sector's business.


• Participates in the maintenance of a stable lending portfolio within Group and HBEU policy objectives.


• Maintains appropriate credit standards in the approval and control of lending.
  

What you will do:

We are currently seeking an ambitious individual to join this team in the role of “Assistant Vice President, Data Operations”. In this role, you will:

Principal Accountabilities: Key activities and decision making areas

Impact on the Business/Function

• To contribute to the credit approval process.

• To contribute to the profitability of the HSBC Group and minimize loan losses.


• Deliver timely and well balanced risk decisions and recommendations. All risk decisions and dialogue must be delivered with professionalism and empathy, earning the respect of the business and adding value where appropriate.

Typical Targets and Measures

• By providing timely, concise, well-reasoned approvals/ recommendations including lending Decline Appeals.


• Ensuring when reviewing proposals, they meet the HSBC Group's risk appetite and that risk is reasonably mitigated.


• Observation, feedback received, sampling, application tracker, and audit.


• Maintain HSBC internal control standards and follow CMB Credit & Risk Internal Procedures. Review all credit applications and credit memoranda in awareness of credit policy, procedures and guidance given.

Customers/Stakeholders

• To continually consider the 'Treating Customers Fairly' principles of the Financial Conduct Authority and Prudential Regulation Authority.


• To be a strategic partner, support opportunities for growth, encourage a mindset of connectivity and


• Typical Targets and Measures


• 
  By considering fairness in all aspects of strategy, processes, administration and complaint handling.


• Demonstration of "strong" behaviours as per the "Values-Aligned Behaviour Assessment Guide".


• Observations and feedback from stakeholders

Leadership & Teamwork

• Create a competitive advantage through a strong culture, contributing to making HSBC an attractive place for talented people, achieving consistent behaviours that will leverage the HSBC network and align to the brand values.


• Maintain positive working relationships, share


• knowledge, experience & ideas and build healthy professional relationship with colleagues.

Typical Targets and Measures

Operational Effectiveness & Control

• Understand and adhere to both the letter and the spirit of all laws, regulations and regulatory guidance that apply to an individual's role, promptly reporting any breaches in accordance with local procedures.


• To ensure all regulatory requirements are enacted as 'business as usual

Typical Targets and Measures

• Knowledge & understanding of sound credit


• practices/regulatory requirements and their


• transition into meaningful policies/standards that align to the "Simplify" agenda.


• By complying with all FCA & PRA rules and regulations in a practical and commercial manner. •


• Execute risk decisions with an appropriate


• awareness of risk vs return and the capital and risk benefits of using structured solutions wherever possible and appropriate.

Major Challenges

• Ensuring credit risks within Corporate Centres (and related business units) are minimised, leading to a sustainable quality asset portfolio. Understand risk profile of the lending portfolios, enhancing quality by providing concise/clear/pertinent action/recommendations.


• Must be capable of giving a decision within the agreed Service Level Agreement. Must also be prepared to stand firm despite heavy pressure to change opinion, but must not be totally inflexible and must strive towards a balanced risk based approach not exposing the HSBC Group to unnecessary risk. Needs to have well rounded banking background, including line banking with customers; a broad understanding of the Group and its business.


• The post requires determination/discipline/diplomacy skills in order to persuade network colleagues of the jobholder's views.


• Must be able to work independently in a somewhat unstructured environment, but be capable of providing clear judgment, support and guidance

Role Context

• The role is to foster and encourage a sound common credit culture and to avoid undue risk concentrations, with

the aim of ensuring a sustainable high quality lending portfolio. In carrying out these duties, the jobholder must be fully aware of the need to meet customer requirements and the overall effect of the marketplace on the credit process.

• The challenges to the jobholder are 3 folds:


• 1st — To manage own performance in line with business requirements;


• 2nd — to foster a sound common credit culture with the aim of ensuring a sustainable high quality lending portfolio;


• 3rd - To ensure regular up-scaling of own knowledge, capabilities and responsibilities of coaching and mentoring colleagues.


• At all times, credit standards, as issued by Credit FIM, BIM and various guidelines issued from time to time must be followed.


• In fulfilling these objectives, there is a need to provide direction and guidance to the Regions, Centres and Relationship Directors.


• In summary, the prime objective is to ensure that an appropriate balance is achieved between developing the sectors business, maintaining a well-balanced book as to risk, ensuring credit standards are observed and at the same time being fully responsive to the needs of customers and the marketplace.


• The job holder is granted a core Approval Authority as detailed within the BBAU Approvals Department Instruction Manual and must ensure understanding of all relevant limitations and policies, and in particular the Approval Authority Matrix and the guidance notes regarding the use of these, prior to exercising this authority

The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation. This will be achieved by consistently displaying the behaviours required to support the HSBC Values and Principles of Dependable, Open & Connected and acting with Courageous Integrity.

The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

To abide by the Group Compliance Policy by containing compliance risk in conjunction with the relevant Compliance Department. The term compliance embraces all relevant laws, rules and codes with which the business has to apply.

This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring. Also by addressing any areas of concern in conjunction with line management and/or the appropriate department

Observation of Internal Controls

• The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.


• The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term 'compliance' embraces all relevant financial services laws, rules and codes with which the business has to comply. This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.


• The jobholder will maintain sufficient and effective processes and controls for identifying and mitigating risks and ensure timely escalation and resolution of all control issues and reputation risks. Full adherence to


• applicable Global, regional and country standards (including GSM, FIMs, BIMs and Portfolio Management Handbook) is required.

Role Dimensions

• No budgetary control is exercised by the jobholder.


• The jobholder may be delegated with personal Scored Lending Credit Approval


• Authority which would comprise of the Core Authority and the Settlement Risk


• Authority. Core and Settlement Risk authorities may be used at the same time.

What you will need to succeed in the role

• Academics — University degree in commerce/ economics/ management/ engineering. Preference will be given to the candidates holding MBA-Finance or equivalent/ CA/ ICWA/ CS/ CAIIB/ CFA etc.


• Experience — 1+ years of relevant experience in handling SME/Corporates in a reputed Bank/ Fl.


• Thorough understanding of Group Lending Guidelines, as well as various corporate banking and treasury products, familiarity with other specialised lending areas such as Commodity and Structured Trade Finance as well as the latest financing structures in the market.


• Eye for conducting detailed diligence given the complexities involved, and at the same time be change-oriented given the evolving market and nature of the transactions.


• Capacity to maintain strong constructive relationships with Area Risk Teams, Business Team Heads and relationship teams. Capable of providing real time advice and guidance on credit to the business teams.


• Capacity to cope with pressure and tight deadlines given the time critical nature of the deals.


• Excellent communication skills.


• Should have the capability & flexibility to switch roles within Wholesale Credit Risk in various functions & geographies at short notice if needed.

Please go through the Applicant User Guide before applying to the advert-

Link to Candidate User Guide:

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• Go to the below link and type “IND GSC : IJP Applicant User Guide” in search bar.


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You’ll achieve more at HSBC

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.” Personal data held by the Bank relating to employment applications will be used in accordance with ouPrivacy Statement, which is available on our website.
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