Job description
At HSBC, we’re a trusted international organization with a global customer base of around 39 million customers worldwide through a network that covers 62 countries and territories. In Europe, our ambition is to become the leading international wholesale bank and we need talent like you to help us meet our ambition. Whether you want a career that could take you to the top or in an exciting new direction—we offer opportunities, support and rewards that will take you further.
Here in France, you’ll help evolve and grow our business.
What you’re going to do:
The role sits within HSBC Continental Europe Wholesale Credit Risk Management (HBCE WCRM) in the Wholesale Credit Approval team based in Paris
HBCE WCRM is responsible for managing the credit risk for France and the Continental Europe branches and subsidiaries (Spain, Italy, The Netherlands, Belgium, Luxembourg, Ireland, Poland, Czech Republic, Nordics, Malta and Germany) across different segments of the economy – from Small and Medium Businesses to Large Corporates and Global Banking names, Sovereigns, Financial Institutions and Intra/Inter group.
The purpose of this role is to replace a Senior Credit Manager in the Corporate LC/GB team who has seized another opportunity outside of the group.
T. Klemm (Head of WCRM HBEU), Hugues de l’Epine (Head of Wholesale Credit, HBCE) and Olivier Berranger (Head of Credit Approvals) support the request.
Key responsibilities include:
• Leading the TMT, Healthcare, Chemicals, Services credit Team, a team of 4 people.
• Credit monitoring a portfolio comprised of c. 150 counterparties, mainly in the TMT sector, and actively participate in the Regional Sector reviews,
• Reviewing, recommending or approving credit applications using allocated credit authorities in a manner which safeguards HBCE’s and the Group’s capital and reputation while contributing to its growth aspirations. The portfolio will be mainly comprised of HBCE credit applications in the TMT sector but, as a team leader, responsibilities will also include the approval of applications recommended by credit managers covering other sectors in the team such as Healthcare, Chemicals, Services.
• Being the primary point of contact for the portfolio under responsibility for all Wholesale Credit Risk related matters, which, in addition to approvals, also includes pipeline discussions, portfolio/sector reviews, management of problem exposures, circulation of processes, policies and guidelines.
• Being the Credit contact for one or several branches and participate in the oversight of this/these branch(es).
• Involvement in region-wide and local Wholesale Credit Risk related projects or forums as delegated by Head of WCRM and Head of Corporate Credit Approvals, HBCE.
Accountabilities/ Deliverables
• Ensure credit decisions are of high quality, understood by applicants and provided in a timely manner.
• Represent HBCE Credit at the appropriate committees (e.g. CAC, WWM Committees, Sector Reviews).
• Ensure effective teamwork within HSBC credit Risk teams, HBCE Front Office CMB/GB and Support Functions
• Implement/maintain policies & procedures in respect of GB/CMB Large Corporate counterparties in a manner that balances effective risk management with business growth/economic profit objectives.
• If needed, provide input into the implementation of process to fulfil new regulatory constraints or evolution.
What does good/success look like?
• Develop strong and regular communication with the relevant managers/RM within CMB GB, to understand their strategic goals/key priorities/constraints and to ensure that credit applications are in line with Group / HBEU Risk policies
• Provide input into the design and implementation of organization & process changes within the credit team that are deemed necessary to improve efficiency while complying, with all extent possible, to Group / HBEU model.
• Ensure timely responses to the business units in line with SLA’s and specific business needs.
• Help develop the Team and be successful in a challenging risk environment.
Requisitos
Apply if you feel you match these skills:
Solid academic qualifications in financial analysis; University education. MBA / CFA / CPA is a significant plus
Corporate credit risk management experience: 5-year experience in the GBM/LC coverage team or credit Department
Desirable technical experience
- Microsoft applications
Personal skills
• Fluent in English, speaking French is also an advantage.
• Critical and logical mind
• Excellent communication skills
• Strong time management skills
Even if you feel you do not fit 100% of our qualifications, we encourage you to not let this hold you back from applying if you believe this is the role for you.
What you’ll get in return:
o We’ll help you progress your career, including access to development programs, mentoring and coaching, as well as world-class training through HSBC University.
o You can work your way and will have a say in when, where and how you and your team flexibly work together.
o Our flexible benefits will give you financial security, including employer-funded pension, Holiday vouchers based on your reference tax income. Our family-focused benefits can help you to support your loved ones, including partial reimbursement of childcare costs, allowance for parents of children with disabilities, days off for key events (weddings, moving house),
• We’ll give you a huge range of resources that support your mental, physical and social well-being, including free access to Headspace app, health checks, 5 weeks paid vacation.
• 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.