Credit Risk Manager – Sustainability

at  HSBC

Job description
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.
Our Risk and Compliance function has a critical role to play in supporting, challenging, and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation, and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
We are currently seeking an experienced individual to join this team in the role of Credit Risk Manager – Sustainability.
As the Credit Risk Manager – Sustainability, you will be a leader on Climate Risk in HBUK Wholesale Credit Risk Management (WCRM) being a subject matter expert, ensuring successful implementation of evolving policies and meaningful input / delivery of stress tests.

In this role, you will:

• Act as subject matter expert on Climate Risks that are relevant to the HSBC UK Bank plc (‘HBUK’) Wholesale book.
• Support embedding of Climate Risk (Transition & Physical) and Nature Risk into Credit Risk assessments, Credit decisions, and Portfolio Management in line with the PRA Climate Risk expectations.
• Support Commercial Banking (CMB) in implementing the sustainability agenda. Contribute to the development and delivery of HSBC’s Climate Risk strategy and actively engage CMB colleagues.
• Review procedures, controls and systems to ensure Climate Risk is fully embedded and implement necessary changes.
• Be responsible for helping to develop and implement HSBC’s mechanisms to model and to oversee climate risks and actively contribute to regulatory driven / internal climate scenario analysis.
• As a Risk officer, assist Senior Risk Officer in the assessment of credit proposals.

Requirements

To be successful in this role you should meet the following requirements:

• An interest in and passion for Climate related business; sustainability, transition risk and the social response to achieve future climate targets.
• Understanding of Climate related risks (transition and physical), with the skill to think strategically and lead the way in WCRM’s approach to Climate Risk.
• Strong knowledge of analytical concepts, methodologies and models used for stress testing and related regulatory requirements.
• Knowledge and experience of markets, economics, and corporate finance
• Proven track record in delivering complex and time sensitive initiatives within a global financial institution.
• Familiarity with transaction structuring and documentation terms and controls
• Demonstrate commercial credit skills, not only on a transaction basis but also credit process management.

The base location for this role is Birmingham – Hybrid working.
You’ll achieve more when you join HSBC.
Opening up a world of opportunity
Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.
We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.
If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:
Email: hsbc.recruitment@hsbc.com
Telephone: +44 207 832 8500.

In this role, you will:

• Act as subject matter expert on Climate Risks that are relevant to the HSBC UK Bank plc (‘HBUK’) Wholesale book.
• Support embedding of Climate Risk (Transition & Physical) and Nature Risk into Credit Risk assessments, Credit decisions, and Portfolio Management in line with the PRA Climate Risk expectations.
• Support Commercial Banking (CMB) in implementing the sustainability agenda. Contribute to the development and delivery of HSBC’s Climate Risk strategy and actively engage CMB colleagues.
• Review procedures, controls and systems to ensure Climate Risk is fully embedded and implement necessary changes.
• Be responsible for helping to develop and implement HSBC’s mechanisms to model and to oversee climate risks and actively contribute to regulatory driven / internal climate scenario analysis.
• As a Risk officer, assist Senior Risk Officer in the assessment of credit proposals

To be successful in this role you should meet the following requirements:

• An interest in and passion for Climate related business; sustainability, transition risk and the social response to achieve future climate targets.
• Understanding of Climate related risks (transition and physical), with the skill to think strategically and lead the way in WCRM’s approach to Climate Risk.
• Strong knowledge of analytical concepts, methodologies and models used for stress testing and related regulatory requirements.
• Knowledge and experience of markets, economics, and corporate finance
• Proven track record in delivering complex and time sensitive initiatives within a global financial institution.
• Familiarity with transaction structuring and documentation terms and controls
• Demonstrate commercial credit skills, not only on a transaction basis but also credit process management