Credit Risk Manager

at  HSBC

Job description

EQUAL EMPLOYMENT OPPORTUNITY:

We know that some people may be put off from applying for a role if they don’t meet all elements of a job description. If you think you can make a difference to our business, then why not give us a try?
HSBC Innovation Banking is an equal opportunities employer. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, age, religion, sexual orientation, disability or neurodiversity.
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Email: hsbc.recruitment@hsbc.com

The remit of the HSBC Innovation Banking UK Credit Risk Management team is broad and far reaching within the bank. Below are some examples of the type of work you may be involved with.
You will be responsible for the development of internal credit risk reporting for Committee meetings, highlighting and discussing trends in the credit risk portfolio and close monitoring of key internal credit risk metrics.
Credit Portfolio Analysis – Oversee a Senior Associate in the production of this analysis of what is driving changes in the credit risk of the portfolio, and producing management information reflective of these trends for discussion at monthly Credit Risk Committee meetings.
Credit Risk Policy – Leading on policy and Credit Risk Rating (CRR) related updates.
Committee Engagement –Support the Senior Director in various Risk committees within HSBC Innovation Banking UK, including the Board Risk Committee, the Executive Risk Management Meeting and the Executive Credit Risk Committee amongst others.
Expected Credit Loss (ECL) and Capital – Review and challenge of the approach to IFRS9 and capital, plus the resulting Expected Credit Loss (ECL) and Risk Weighted Assets. This includes providing guidance on IFRS9 and assessing ECL calculations relative to both local IFRS9 governance and HSBC regional governance rules.
Risk Infrastructure - Work with other team members in the implementation of the HSBC Innovation Banking UK Risk Management Framework (RMF), acting as a point of contact for RMF credit related matters.
Credit Risk Appetite - Monitoring the credit portfolio to ensure key risk metrics remain within agreed thresholds and where breaches in risk appetite occur these are well understood and escalated in a timely manner.
Requirements
Prior experience of working within a credit risk environment is preferable but a good attitude and enthusiasm are key. Some of the competencies that would be encouraged include:
Ability to articulate and present issues and concepts with various levels of management.
Ability to structure and effectively manage projects with multiple work-streams. The team is growing and there is an expectation that the manager will lead the day to day running of the team and act as a direct support to the Senior Director.
Familiarity with general credit risk concepts including IFRS9 Expected Credit Loss, Basel Capital Requirement Regulations or credit risk rating methodologies would be helpful.
Familiarity with tools such as Excel and Powerpoint together with an ability to identify and effectively communicate key issues.
Where you’ll be based:
Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office.