Sr. UK Risk Manager

at  HSBC

London, England, United Kingdom -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate14 Feb, 2025Not Specified19 Nov, 2024N/ADeliverables,Balance Sheet,Ownership,Liquidity,DefenseNoNo
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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!

HSBCinnovationbanking

SKILLS/ QUALIFICATIONS:

Highly numerate with excellent Excel skills, and the ability to investigate/manipulate/model data quickly, find trends and provide recommendations, holding relevant Economics or Accounting qualifications.
Extensive experience working in Capital Risk in First Line of Defense (1LOD) or Second Line of Defense (2LOD) functions, with strong knowledge of key processes involved in Capital Risk management, strong knowledge of Capital Risk regulations, and their relevant application to the product set and balance sheet.
A good understanding of the Balance Sheet and P&L, including accounting implications. A background in accounting would be desirable.
A good understanding of Model Risk including key regulatory developments and their application within firms.
Experience of Liquidity, Interest Rate in the Banking Book (IRRBB) and (Treasury Foreign Exchange) TFX Risks would be advantageous
Excellent communication and presentation abilities, including strong written and verbal skills and the ability to explain issues and decisions, as well as strategy, both intrnally and externally
The ability to multitask, adapt to an ever-changing landscape of deliverables, be able to navigate ambiguity, a deep sense of ownership and attention to detail are essential

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.
If you’d like to apply for one of our roles and need adjustments made, please contact our Recruitment Helpdesk:
Email: hsbc.recruitment@hsbc.com
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. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.
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: +44 207 832 850

Responsibilities:

As a Senior Risk Manager, Capital Risk, you’ll be the 2LOD Risk Steward for the management of Capital Risk which will include:
Responsibility for ensuring Treasury First Line of Defense (“1LOD”) is aligning the management of Capital to the HSBC Risk Policies and providing 2LOD sign-off for the risk and control assessments.
Be the single point of contact within the 2LOD for Capital activities for both the 1LOD and HSBC Group colleagues. Supporting and providing oversight of the management of Capital within the 1LOD.
The provision of Subject Matter Expertise on Capital Risk ensuring that industry developments and best practice are captured within the management of Capital Risk by the 1LOD.
Review and support of the annual calibration of Risk Appetite for Capital to ensure that the level of risk taken is commensurate with the strategic plan.
Working with various stakeholders within the Bank including Product, Finance, Operations and Treasury to ensure that all aspects of Capital Risk across the Bank are understood, reported and managed within limits.
Highlighting emerging risks associated with Capital Risk arising from external factors such as regulatory change or market conditions and internal factors such as product development, change programmes or changes in the control environment.
Responsible for reviewing the impact on Capital Risk arising from the introduction of new products or changes in existing products and providing 2LOD sign-off as part of the product due diligence process to confirm that Capital Risk are understood, measured, and monitored.
Provide significant support on Risk Steward oversight for Model and Financial Reporting & Tax Risks for the above activities.
Build an understanding of other areas of Treasury, such as Funding & Liquidity Risk, Interest Rate Risk in the Banking Book (IRRBB) and Transactional Foreign Exchange (TFX) Risk to provide cover within the team as required.


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Proficient

1

London, United Kingdom