HSBC Group

Business: Global Trade Solutions (GTS) – Transaction Risk Management (TRM)

Open positions:1

Role Title: Transaction Risk Management GSC’s

Global Career Band: 6

Location (Country / City ): India/Bangalore

Recruiter Name : Reena A

Why join us?

• Global Trade Solutions (GTS) is a key strategic business for the HSBC Group within Commercial Banking with almost 150 years of history. It is the largest international trade bank, with an unrivalled global presence and access to over 90 per cent of the world's global capital flows. GTS provides trade finance and risk mitigation solutions to customers all over the world, from Small and Medium Enterprises (SMEs) through to large corporates and multinationals.
• GTS Transaction Risk Management is a single unit within first line of defense, supporting the ongoing suitability assessment of GTS products and customer relationships to achieve sustainable growth.  It’s subject matter experts also run and support multiple work streams and projects within the business for Simplification, Efficiency and Automation.
• Global Service Centers are an integral part of Global Operations. Employees based there manage day-to-day customer transactions and processes for the global businesses. This may include transactions for our retail bank such as processing loans, credit cards, insurance, and mortgage applications, opening new accounts, and managing customer enquiries through contact centers and digital platforms. Employees in the Global Service Centers also run and manage operations for commercial bank customers. This includes processing credit applications, facilitating payments and managing the import and export transactions that enable customers to protect and grow their businesses through international trade.

The Opportunity:

• The primary focus of this role is to support the TRM Centre of Excellence delivery model to drive up the customer experience and advocacy, manage the operational risk and realize lower operating costs.  Principally, this requires participation and support in the structuring and monitoring of new facility/transaction facilities to ensure they are workable and that the proposed facility/transaction are in line with industry standards and internal/external banking practices, processes and governance. This is in order to achieve the desired levels of quality, risk management, operational efficiency and alignment to Global Business demand.  Active engagement with stakeholders across GTS markets and shared services as required.
• The role will likely span across 3 key streams, namely Survey, Buyer Credit and Commodity Trade Finance.
• The Survey Analyst key responsibilities will be to lead and manage receivables finance survey activity on new and existing Sellers using appropriate auditing techniques, independently, and objectively, identify and manage risk or risk mitigation, whether financial, operational, or relationship based.
• Buyer Credit responsibilities will include underwriting and managing/monitoring buyer credit limit exposures, providing trusted advice to various stakeholders both internal and external to HSBC in addition to providing guidance and direction on credit structures and risk positions to ensure that business assets are committed and
• controlled within acceptable risk/reward parameters. This will extend building rapport, where appropriate, with buyers, sellers, and professional bodies
• Commodity Trade Finance Transaction Risk Management will require active participation in the operational delivery of the risk management practices and techniques by helping to deliver best practice policies, processes, and systems efficiently whilst addressing related operational and credit risk; Engage in the implementation and effective usage of the Collateral Management System and provide a best-in-class transaction management.

What you’ll do:

• Apply appropriate risk control and operating procedures taking account of changing economic or market conditions (this to include Anti-Bribery & Corruption risk, Anti-Money Laundering Risk and Sanctions Risk).
• To ascertain the value of the assets purchased, or to be purchased, under the client’s agreement with GTS.
• To determine the likelihood and timing of the need to rely on or recover those assets to protect HSBC’s security.
• To assess suitability of new and existing sellers on capabilities to generate valid collectable receivables and fulfil commitments to act as collection agent.
• To take or recommend action to ensure the security of the funding provided, or to be provided.
• Broaden and deepen the relationships with new and existing Sellers.
• Manage various aspects of receivable finance transaction flow including customer credit management, Trade Credit Insurance (TCI) management and customer limit requests.
• Provide credit limit decisions and/or rationale for existing and prospective clients using both financial and non-financial information
• Minimise bad debt through effective risk management including but not restricted to: Unapproved reviews, downgrade reports, late filing reports, requirements checks, grouping exercises
• Increase credit protection income/client satisfaction through various valued added activities including but not limited to conversions, acting upon client verbatim comments and limit appeals.
• Assist in the timely and efficient delivery for External Customers.
• Contribute to identification and development of best practice systems and processes for TRM.
• Support the structuring and monitoring of new facility/transaction facilities to ensure they are workable and that the proposed facility/transaction are in line with industry standards and internal/external banking practices.
• Production of Management Information (MI) and reporting as per Global Operating Procedures on a weekly/monthly/quarterly basis.
• Protect the bank's assets and reputation by monitoring buyers and clients for suspicious activity/transactions and taking appropriate action as per the operating policies
• Assist in the production and execution of Commodity Trade Finance facility and transactional documentation.
• Deliver accurate and relevant Management Information to stakeholders – GTS, Commercial Banking, Group Risk and regional risk functions  
• Assist in the timely and efficient delivery for External Customers.
• Assist in the testing and implementation of the Commodity Management System (and any future state offering).
• Contribute to identification and development of best practice systems and processes for TRM,
• Support the structuring and monitoring of new facility/transaction facilities to ensure they are workable and that the proposed facility/transaction are in line with industry standards and internal/external banking practices
• Efficient analysis, management, and in-life monitoring of all types of complex and non-complex Asset Based Lending facilities (ABL).
• Production of Management Information (MI) and reporting as per Global Operating Procedures on a weekly/monthly/quarterly basis. Ensure integrity of risk procedures and practices. Ensure facilities (clients and customers) are audited and managed in accordance with Group policy

What you will need to succeed in the role:

• Relevant experience of 6 + years in Trade Finance, ideally within one or all of Core Trade, Receivables Finance and Commodity Trade Finance with a risk control lens.
• Excellent knowledge and experience in core trade, receivables finance and commodity trade financing products, risk evaluation, and the finance cycle.
• Good understanding of customer groups and supporting business initiatives.
• Good understanding of operational risk related to the underlying transactions.
• A good team player who possesses good interpersonal and communication skills.
• Strong organizing and time management skills.
• Good ability to work independently and quickly, with good attention to detail and solutions oriented.
• Good command of spoken and written English desirable.
• Self-motivated with initiatives to take on new and additional responsibilities.
• A bachelor’s degree preferably in a business or related area.
• Strong ability to read and analyse a wide source of data, including financial and non-financial information
• Ability to write a balanced and well rationalised credit recommendations.
• Strong written and verbal communication skills, enabling productive dialogue with internal and external customers.
• Good understanding of financial crime risk.
• Completion of a degree or relevant professional qualification
• Good understanding of applications including Excel, Word and Outlook.

What additional skills will be good to have?

• Ability to foster relations with stakeholders outside of one’s own sphere of managerial influence.
• Detailed technical knowledge of GTS products and delivery channels, and a good working knowledge of HSBC Group products.
• Be able to prioritise in a multi-tasking dynamic environment with changing needs.
• Acquire and update knowledge on procedures related to relevant processes.
• Good understanding of HSBC Bank’s systems – including Browser Main Menu and GTS Product Systems.
• Good understanding of Business types and structures.
• Good understanding of HSBC credit risk appetite

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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.”

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