Recovery and Resolution Manager HSBC UK

at  HSBC

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a role 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.
Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward looking analysis, accuracy, efficiency, and control to frame and influence business decisions.
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 Recovery and Resolution Manager HSBC UK.

In this role, you will:

• Navigate HSBC UK’s approach to identifying and cataloguing management actions it can take in the event of stress.
• Engage with other functions and businesses with an emphasis on bringing to life Recovery and Resolution Planning (RRP) to all business areas and functions.
• Ensuring the bank is ready to respond should a stress deteriorate into recovery phase or even further into resolution.
• Coordinate and supporting senior management in the bank’s response to any potential recovery or resolution event.
• Deliver the Recovery Plan to local regulators on a periodic basis.
• Support submission of local resolution plans to local regulators as required and support the Group in the submission of the Resolvability Assessment Framework (RAF) self-assessment to the Bank of England (BoE).
• Collaborate closely with stress testing and other treasury functions to embed RRP into a BAU framework in line with Regulatory expectations.
• Enable business divisions and support functions to deliver the required information and ensuring that there is formal accountability and oversight at all levels across HSBC.
• Responsible for the Identification of risks and implement mitigation approaches at the earliest opportunity.
• Oversee the tracking of Recovery Indicators.
• Conduct the Identification of local fire-drill requirements and training identification on RRP to ensure Recovery and Resolution understanding and readiness across all levels.
• Subject-matter expert (SME) on recovery and resolution planning including knowledge and application of evolving internal policies and regulatory rules, knowledge of legal entity relationships, business lines, products, and balance sheets.

TO BE SUCCESSFUL IN THIS ROLE YOU SHOULD MEET THE FOLLOWING REQUIREMENTS:

• Qualified Accountant (ACA, ACCA, CA or equivalent) or qualified by experience.
• Experience of either Capital Management, Stress Testing, Liquidity Management or Recovery and Resolution planning.
• Demonstrable experience of balance sheets and managing financial statements of a Bank or Financial Institution.
• Collaborative, engaging, credible and methodical; being able to bring the numbers to life/ navigate the bigger picture (e.g., presenting).
• Experience of building and maintaining strong relationships with stakeholders (at all levels of seniority).
  The base location for this role will be Birmingham and with a hybrid working pattern.
  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 - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.
  If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:
  Email: hsbc.recruitment@hsbc.com
  Telephone: +44 207 832 8500

In this role, you will:

• Navigate HSBC UK’s approach to identifying and cataloguing management actions it can take in the event of stress.
• Engage with other functions and businesses with an emphasis on bringing to life Recovery and Resolution Planning (RRP) to all business areas and functions.
• Ensuring the bank is ready to respond should a stress deteriorate into recovery phase or even further into resolution.
• Coordinate and supporting senior management in the bank’s response to any potential recovery or resolution event.
• Deliver the Recovery Plan to local regulators on a periodic basis.
• Support submission of local resolution plans to local regulators as required and support the Group in the submission of the Resolvability Assessment Framework (RAF) self-assessment to the Bank of England (BoE).
• Collaborate closely with stress testing and other treasury functions to embed RRP into a BAU framework in line with Regulatory expectations.
• Enable business divisions and support functions to deliver the required information and ensuring that there is formal accountability and oversight at all levels across HSBC.
• Responsible for the Identification of risks and implement mitigation approaches at the earliest opportunity.
• Oversee the tracking of Recovery Indicators.
• Conduct the Identification of local fire-drill requirements and training identification on RRP to ensure Recovery and Resolution understanding and readiness across all levels.
• Subject-matter expert (SME) on recovery and resolution planning including knowledge and application of evolving internal policies and regulatory rules, knowledge of legal entity relationships, business lines, products, and balance sheets