HSBC Group

Managing Director

The opportunity: PBRS Chief Risk Officer

Being part of HSBC in Switzerland, you’ll help evolve and grow our business.

The role holder is the Chief Risk Officer (CRO) for PBRS, and from a consolidated oversight standpoint, for any of its subsidiaries, branches and Rep Offices.  As CRO, the role holder leads and manages the activities of the Bank’s Risk function and is the primary Risk Steward responsible for the Risk function in PBRS.  In his/her role as Risk Steward, the role holder is responsible for setting standards, policy, recommending appropriate levels of risk appetite and monitoring performance against appetite within the firm, taking suitable account of guidance provided by the Group.

The purpose of this role is to direct the effective identification, assessment, management, monitoring and mitigation of risk across all current and potential future risk types in relation to PBRS.  The CRO is responsible for protecting the business through appropriate risk management discipline; ensuring risks are captured, understood and clearly communicated to key internal and external stakeholders as required.  The role is responsible for enabling the business through supporting sustainable growth aspirations and the achievement of strategic goals, acting as the single point of contact on all risk issues for the PBRS CEO, the PBRS Executive Committee and the PBRS Board.

What you will do:

·        Lead and direct the Risk Function, as a partner to the business, supporting growth aspirations whilst retaining the appropriate risk management discipline to achieve strategic goals,

·        The CRO is the primary Risk Steward for the Risk function in PBRS.  The CRO discharges his/her responsibilities in a manner consistent with the Group's management structure and operating model, governance, risk management and control framework.

·        Functional oversight of the Bank's Risk Management operations.

·        Under oversight from the role holder, the wholesale Credit Risk Functions manage credit risk.

·        The role holder’s key areas of responsibility in relation to lending are: setting and managing strategy, policy, expectations and standards for credit risk; ensuring credit risk is aligned to global strategy; ensuring credit decisions are made in accordance with strategy, policy and appetite, and to authorise any exceptions within appropriate authority levels; undertaking independent reviews of large and high risk credit proposals;

·        Implementation, shaping and oversight of the Bank’s risk-based capital framework and stress testing.

·        Identification of emerging PBRS risk issues and initiating mitigating strategies

·        Chairing of the PBRS Risk Management Meeting (RMM).

·        Chairing of the PBRS Reputational Risk & Client Selection Committee (RRCSC).

In this role you will:

·        To maintain broad oversight across the risk types in PBRS’ risk profile

·        To ensure risk is robustly owned within the business (1st line) against competing priorities for key business stakeholders

·        To provide an independent challenge to the business/1LOD, and ensure that risk identification is properly evidenced and reported

·        To influence business strategies across the entity where risks are assessed as high and help to develop mitigating strategies

·        To ensure that the Bank delivers fair outcomes for customers, and does not disrupt the orderly and transparent operation of financial markets

·        To engender support of senior executives, some of whom will have competing priorities

·        Where necessary, to make decisions which may be contrary to business wishes

·        To anticipate emerging risks across the entity and engage with the business to address them

·        To manage risk against the ERM framework and increasing regulatory and Group demands, whilst addressing cost challenges

·        To protect the Bank through appropriate risk management discipline, whilst enabling the Bank’s sustainable growth aspirations

·        To ensure growth aspirations for the entity are supported by sufficient investment in underlying infrastructure to balance all associated risks

·        To understand the continually changing needs of both external and internal customers

·        To keep abreast of legal and regulatory developments that impact the entity, including changing statutory and regulatory reporting requirements

·        To manage the risk capabilities through contracts for services with HSBC Service Companies and ensure appropriate service level agreements, KPI and metrics in place to manage on a monthly basis

• Significant experience in more than one technical risk discipline.

·        Ideally to have front line banking experience.

·        Ideally to have experience working across an Entity or Region.

·        Already to have held a senior leadership position in Risk.

·        Experience of building, developing and leading a sizeable team.

·        Experience of managing within a complex matrixed environment.

·        Experience working across different cultures.

·        Experience working in a tightly regulated environment, and in liaising with regulators.

·        Knowledge of the Group’s Risk Governance, Risk Management Framework and Risk Policies.

·        Knowledge of the Risk Control Framework, including a broad understanding across the risk types in HSBC’s risk profile defined in the ERM Framework.

·        Strong understanding of the regulatory environment.

·        Sound Judgement – Systematically analyses complex information from a variety of sources, knowing when to get into the detail and when to seek new information.  Able to make accurate and timely decisions in challenging situations, drawing on an analysis of the balance of risk and reward, weighing up long-term direction with short-term imperatives.

·        Conceptual Thinking – Identifies patterns, trends and connections, assessing the impact of situations and events on different parts of the organisation, drawing on insight gained through previous knowledge and experience to anticipate potential future scenarios.  Innovates to enhance business practices and improve organisation effectiveness.

·        Maximising the Performance of Our People – Sets clear direction, objectives, performance targets and standards of behaviour.  Develops and inspires people to achieve their full potential, recognising underlying motivations and priorities of others.

·        Influencing through Collaboration – Collaborates across organisational boundaries, building strong networks and influencing to achieve specific outcomes.  Communicates effectively, flexing key messages, style and channel to convey complex and technical information in a meaningful and compelling way.

·        Contextual Understanding – Understands the organisation's internal operating environment and external business context and regulatory landscape.  Understands the organisation's commercial objectives and how to enhance business outcomes and enable business strategy.

·        Challenging with Independence and Objectivity – Provides independent and objective guidance and advice, operating with transparency and challenging appropriately and effectively.  Demonstrates resilience and self-confidence, remaining optimistic and responding constructively to setbacks.

Even if you feel you do not meet 100% of our qualifications, we encourage you to apply, if you believe this role is right for you.

What you’ll get in return:

Not only is HSBC a great place to work, but we also offer the following unique and exciting opportunities and benefits:

·        We’ll help you progress your career, including access to development programmes, mentoring and coaching, as well as world-class training through HSBC University.

·        You can work your way and will have a say in when, where and how you and your team flexibly work together.

Our benefits will give you financial security, and can include:

·        Health & meal allowance, public transport or (e-)bike allowance

Our family-focused benefits can help you to support your loved ones and include:

·        Days off for key events (weddings, moving house, adoption). A one-time marriage or registering of a "Civil Partnership" grant. One-time premium for birth or adoption, as "gift" or "voucher. 4 weeks’ paternity leave & 26 weeks’ maternity leave

·        Emergency Childcare with the Red Cross, free of charges for HSBC employees.

·        Purchased holidays scheme, unpaid leave, sabbatical, Volunteering Leave,

·        Accident insurance (private coverage) paid by the Employer, attractive Pension Scheme

We’ll give you a huge range of resources that support your mental, physical and social well-being, including:

·        Various sports and leisure activities organised by the employees for the employees.

·        The Bank offers to the employees and their family members specialised free, confidential service to help them deal with any personal problems – either at work or at home. Unlimited telephone consultations services available 24/7.

You’ll have opportunities to work internationally - this can be your place to start and branch out to anywhere we have offices

You’ll be able to join our Employee Resource Groups that bring together colleagues with shared characteristics and common interests.

HSBC has been certified “Top Employer 2025” in Switzerland. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in Switzerland.

At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

HSBC is a signatory company of the Advance Charter. This Charter is a commitment towards gender equality in business and hence a workplace environment that supports a fair and balanced approach to hiring, remunerating, promoting and retaining female talent.

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. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.
 
If you have a need that requires accommodations or changes during the recruitment process, please let us know.

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.

Within HSBC in Switzerland all internal candidates from Group and external applicants are required (subject to local laws), to pass satisfactorily a series of additional checks both as part of the application process and, if successfully recruited into the role. The Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are first carried out as part of this recruitment exercise, and/or if relevant, on an ongoing basis.

For further information on building your career at HSBC, please visit: www.hsbc.com/careers