HSBC Group

Business: Credit Services

Open positions:1

Role Title: Assistant Manager IC GSC’s

Global Career Band: 7

Location (Country / City): Hyderabad/Kolkata, India

Recruiter Name : Vishal Singh

Why join us?

• Credit Services is an end-to-end Credit Risk Management Business Service for Operating entities across the HSBC Group in Commercial Banking and global Market business. It spans across the entire Credit Risk Management Value Chain starting from Preparation and On-boarding of a Credit Application in the Bank’s system followed by Credit Disbursement, Risk Monitoring, Control, Management, Invoice Reading, Understanding Sales Target and Drawdown of funds.
• We provide Professional and consistent Credit Risk Management Services, Improve End to End Credit processes and systems, Deliver Service Excellence at competitive cost, contribute towards building Quality Asset portfolio and build domain expertise on Credit Profile. We support Relationship Managers in winning New Businesses and allow RM’s to deepen and strengthen existing relationships. We protect the bank and help the RM’s in managing Risk.

The Opportunity:

• We are currently seeking an ambitious individual to join this team in the role of "Asst. Manager- Individual Contributor ",

In this role, you will:

• Manage the Commercial Banking and Global Market businesses, without compromising on data integrity standards
• Minimize risk through effective management of cost and resources
• Ensure process and procedures are continually reviewed, improved and changes are communicated for effective implementation, which are measured through reduced costs and improved revenue
• Set high standards of staff motivation and leadership by managing good work environment leading to a highly committed and productive team.
• Ensure cross training is covered with end-to-end activities
• Manage the workflow to ensure efficient operation of the unit.

What you’ll do:

• Tracking Work requests received from Onshore and Offshore Analysts and prioritizing them depending on the urgency of the review dates.
• Reading, understanding and analyzing the financial statements (annual reports) and spreading of financial data using Credit Lens.
• Complete the Financial Summary Chart (FSC) template for the customer based on the spreads.
• Updating the subjective Questions and Merton PD details.
• Generate the Overall Score and the Corresponding Customer Risk Rating (CRR) in Wren to enable CRR to be recorded in CARM.
• Generate the requisite set of financial Reports and send it to the requestor.
• Update MI tool regularly on the work completed.
• Pick up ad hoc requests on priority.
• Resolve and reply to all queries related to the spreads raised by the Analyst / RM Team.
• Ensure smooth flow of function by maintaining excellent coordination across sites
• Produce the Required MIS.
• Achieve and exceed relevant process targets in line with business objectives
• Acquire and update knowledge on the process, procedures and products on an ongoing basis
• Exhibit ownership of the business
• Meet targets on productivity and accuracy as per the targets and metrics defined for the process
• Correctly interpret, understand and implement instructions/requests
• Ensure that the process related procedures are implemented as per the process manuals
• Ensure that fraud/errors/irregular transactions (if any) are identified and escalated
• Ensure that the customer issues/problems are effectively investigated and resolved
• Maintain equipment, systems and general work environment in good condition while adhering to all appropriate procedures
• Produce the Required MIS.
• All data requirements (iCATS, leave requests, absence requests and ad hoc process information) are completed and updated in a timely manner.
• Adhering strictly to compliance and operational risk controls in accordance with HSBC and regulatory standards, policies and practices; reporting weaknesses, compliance breaches and operational loss events.
• Adhere to all the audit requirements and achieve Satisfactory Audit Report
• Pro-actively suggest and design improvements in process workflow and record exceptional learning and share it with the team where applicable.
• Understand and comply with all relevant policies and procedures issued by the Group.
• To demonstrate judgmental and critical thinking by providing solutions to assist RM’s/BP with process related queries.

What you will need to succeed in the role:

• Degree in Business, Finance, Economics (Bachelor/ Master of Commerce / MBA / PGDM Finance / ICWA / CA) or equivalent. Ideally should have a recognized accountancy qualification. Additional Financial qualifications would be preferred.
• Good understanding of International Accounting Standards (US GAAP & IFRS), Capital markets and Debt Instruments out of education and/or experience
• Highly proficient at Excel and Word. Database skills are an advantage. Ability to learn new systems quickly necessary.
• Excellent English, written and spoken; hard-working; organized; diligent; and above all, a team player.
• Highly customer oriented and interested in providing top quality customer service.

What additional skills will be good to have?

• Credit skills and a detailed understanding of bank credit and risk policy and procedures.
• Good understanding of the Financial Ratios and what impacts them.

Link to Candidate User Guide:

https://hsbchrdirect.service-now.com/nav_to.do?uri=%2Fhrsp%3Fid%3Dkb_article_preview%26sys_id%3D0c6b11641b6a9810cec0553a2d4bcb2a

(Or)

Go to the below link and type “IND GSC : IJP Applicant User Guide” in search bar. https://hsbchrdirect.service-now.com/hrsp?id=hrdirect_employee_dashboard

You’ll achieve more at HSBC

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

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 HSBC Electronic Data Processing (India) Private LTD***