Job description
Some career choices have more impact than others.
At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
As an HSBC employee in Australia, you’ll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services, bonus leave days and wellness programmes including discounted gym memberships.
International Wealth & Premier Banking serves more than 50 million customers worldwide with a complete range of banking and wealth management services to enable them to manage their finances and protect and build their financial futures. It is a global business that brings together management responsibility for Retail Banking, Wealth Management, Insurance and Asset Management with a focus on customer-centric propositions and innovative and efficient distribution channels.
In this role, you will be responsible for overseeing the establishment, implementation and continuous improvement of the IWPB Australia’s internal control framework and ensuring accurate reporting of risk matters. The role reports Head of IWPB Business Risk and will effectively and adequately scope, manage and reduce IWPB’s exposure towards undue risk, whilst maximizing loss mitigation and creating a sustainable culture to support such activities.
Your main responsibilities will include:
- Design, implementation, and monitoring of robust internal controls to minimize operation risk in the IWPB business and form adequate control in the ‘First Line of Defense’.
- Establish appropriate operational controls based on risk assessments to ensure that the Group’s Operational Risk Management Framework is met and fully adhered to.
- Strong collaboration with the Second Line of Defense to deliver and embed an effective Risk & Control framework.
- Provide expert advice on Risk & Control matters to senior leadership and cross functional teams, offering guidance on best practice and regulatory requirements to support informed decision making.
- Collaborate with senior management to identify, assess, and manage risks, and implementing strategies to mitigate risks.
Requirements
To be successful in this role, you will need:
- Bachelor’s degree in a Finance and/or business-related field with exceptional understanding of operational risk and controls preferably gained through experience in front line and risk roles.
- Proven problem solving skills with ability to consider alternative and lateral solutions.
- Highly developed communication and influencing skills
- Ability to prioritise and work independently under pressure within a team environment
- Knowledge of the changing regulatory environment
- Proven leadership, management and coaching skills.
Preference will be given to candidates who hold Australian PR/Citizenship or New Zealand Citizenship, or who can demonstrate current unrestricted work rights in Australia without limitations.
We value different perspectives, we succeed together, collaborating across boundaries, we take responsibility, holding ourselves accountable to get things done. Through these values, HSBC is committed to building a culture where all employees are appreciated and respected and where opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow in an inclusive environment. Applications from First Nations peoples are encouraged.
Learn more about careers at HSBC Australia – https://www.hsbc.com/careers/where-we-hire/australia
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