Credit Risk Manager at HSBC

London, London - England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

16 Dec, 26

Salary

100000.0

Posted On

17 Sep, 26

Experience

15 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Yes

Skills

Industry

Banking & Credit

Description

Who is HSBC Innovation Banking?

HSBC Innovation Banking is the power behind the UK’s forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors.

Whether it’s comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike.

Here’s to never standing still. Come and join us!

The Role

Reporting to the Senior Director, Credit Risk, this is a GCB5 Credit Risk Manager role in the HSBC Innovation Banking UK (HINV) Wholesale Credit Risk Management (WCRM) team. The HINV WCRM team is responsible for a broad spectrum of credit activity, outside of day-to-day lending decisions. The team liaises with senior management in HINV and regional WCRM to ensure appropriate oversight of the portfolio, escalation of issues and engagement with relevant credit topics. The successful applicant will work closely with the Senior Director, Credit Risk on all aspects of WCRM.

Key development benefits of this role include:

Credit Risk Knowledge - comprehensive visibility across the HINV portfolio and the varied segments in which we operate
Bank Governance and Management - experience with the HINV risk management framework and the governance of HINV more generally
Senior Exposure - exposure to HINV senior management and regional WCRM counterparts through the Credit Risk Forum and engagement on emerging credit issues

The remit of the team is broad and varied. The specific responsibilities for this role will include:

Wholesale Credit portfolio oversight, reporting and analytics
Co-ordination and preparation of materials for the HINV Credit Risk Forum
Expected Credit Loss (ECL) oversight, forecasting and reporting
Co-ordination and preparation of materials for the HINV Risk Impairment Forum
HINV Risk Appetite setting and governance
WCRM Policy implementation
Customer Risk Rating (CRR) methodologies and local Model Risk Management
Wholesale Credit Risk Stewardship, including Risk Control Assessment (RCA), Issue Management and 1LoD Controls Oversight
Credit Approval Authority (CAA) co-ordination and oversight

Requirements / Skills (experience)

Essential:

Strong credit risk management experience

Desirable:

A general understanding of IFRS9 Expected Credit Loss methodology
Data literacy – an ability to manipulate and understand large data sets (a pure data background is not essential)
Senior engagement – experience of preparing materials and presenting to senior stakeholders
An understanding of venture debt or funds lending (not essential but desirable)

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, with a current requirement to be in the office 2 days per week.

Responsibilities