Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. 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.

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency, geopolitical, operational, credit, pension, insurance, market and reputation risks. All parts of the Global Risk team use their skills, insight and integrity to handle established threats and those they see emerging, acting to protect and enable HSBC to deliver sustainable growth. 

We are currently seeking a high calibre professional to join our team as a Deterministic Quantitative Methods (DQM) Risk Steward.

Principal Responsibilities

  • The role holder is accountable for leading oversight and engagement with all senior stakeholders for DQM related risk stewardship within the region/GB/GF, ensuring that strong risk management is embedded across businesses and functions, enabling safe growth
  • Inputs into global reporting on DQM related topics where required 
  • Responsible for working with Risk & Control Owners to support active MRM across their area. This includes:
    • Provide oversight to the First-line’s adoption of DQM Policy and Procedure
    • Oversee the embedding of the Risk Taxonomy & Control Library for DQM Risk
    • Providing ongoing oversight and challenge of the 1LOD in embedding DQM Risk Policy and monitoring ongoing compliance to the policy
    • Supporting the 1LOD in setting and managing their risk within acceptable levels including the provision of oversight and challenge to ongoing monitoring and remediation plans (as applicable)
    • Actively providing advice and challenge to the 1LOD for key existing and emerging risks and the associated conduct impact and customer outcomes of these risks, ensuring use and adoption of the Risk Framework 
  • Continuing to enhance and embed Risk Management capabilities for themselves and their teams as well as the 1LOD
  • Provide guidance and training related to DQM Lifecycle
  • Assist in the performance of assurance on the DQM controls and actively follow up on issues identified
  • Consider thematic reviews and assurance where needed and take account of regulatory change and internal and external audit feedback where required
Requirements

Knowledge:

  • Experience in a risk stewardship capacity would be helpful
  • Understanding of key regulatory developments and regulatory reporting
  • Experience of model/DQM/EUC risk management, governance and/or model/DQM development / validation would be helpful
  • Experience of managing stakeholder relationships
  • Knowledge and expertise of local market and HSBC’s different business lines is preferable

Experience:

  • Aptitude to develop strong networks with key stakeholders at all points in a matrix structure, creating an ability to execute task at hand with minimum conflict
  • Capable of supporting colleagues in providing advice and challenge to 1LOD queries

Skills:

  • Excellent written and oral communication skills
  • Ability to explain complex topics in a clear and concise manner
  • Strong attention to detail
  • Team-oriented mentality combined with ability to complete tasks independently to a high-quality standard
  • Capable of understanding complex calculator type tools and be capable of reviewing and providing oversight and guidance

You’ll achieve more when you join HSBC.
www.hsbc.com/careers

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.

Back to search results