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.
International Wealth and Premier Banking (IWPB) provides a leading premium proposition through Premier Banking and, together with our Private Bank, are present across the world’s most important markets, booking centres, and corridors most valued by our clients. Our wealth offering is further enhanced through our best-in-class manufacturing capabilities in Asset Management and Insurance. HSBC Private Banking helps high net worth and ultra-high net worth clients manage, grow, and preserve their wealth for generations to come. Our network of global experts helps clients access investment opportunities around the world, plan for future with wealth and succession planning, manage their portfolio with tailored solutions, and find the right support for their philanthropy.
We are currently seeking a high calibre professional to join our team as a Head of Insurance Platform and Solutions.
Principal Responsibilities
In this role you will
- Maintain governance and oversight of internal and external insurance partners from the bank’s perspective, across GPB (Global Private Banking) and retail segment
- Oversee sales journey, process, and controls to manage distribution risks across retail and GPB. Collaborate with Distribution, HSBC Life and Second line of defence to ensure distribution risks are identified and effectively managed
- Responsible for insurance product / third party onboarding and ongoing review in line with HSBC standards across the continuum
- Work with HSBC Life on product requirements and development as well as commercialization strategies and tactical campaigns with segment specific proposition, representing distributor’s needs
- Lead insurance distribution initiatives such as process streamlining and system enhancements to improve frontline / client experience
- Ensure the timely implementation of regulatory initiatives related to insurance distribution in a commercially viable manner whilst ensuring reputational risk impact is mitigated and/or minimised
- Work with HSBC Life and accountable for insurance distribution training materials and frontline communications
Requirements
To be successful you will need
- Extensive knowledge and experience in insurance products and platforms
- Extensive experience and proven track record in designing and implementing policies and procedures in a matrix environment, with a client centric mindset and strong awareness in managing risk
- Knowledge of corporate governance requirements for banks
- Strong interpersonal, communication, and stakeholder management skills
- Professional insurance qualification
- Fluency in English and Cantonese. Proficiency in Mandarin is beneficial but not essential
Opening up a world of opportunity
www.hsbc.com/careers
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Issued by The Hongkong and Shanghai Banking Corporation Limited.