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Securities Services provides robust and reliable solutions that enhance performance and mitigate risk, today and in the future. Working with institutional investors, banks, insurance companies, governments and multinational corporations, Securities Services offers a range of fund administration, global custody, sub-custody and clearing, and corporate trust and loan agency services.

We are currently seeking a high calibre professional to join our team as a Senior Manager, Non Financial Risk.

Principal Responsibilities

Role Purpose

A senior risk role overseeing the risk and control framework globally for Fund Services to include:

• Work alongside the global business teams (front to back) and in partnership with the respective Risk Stewards.  Acting as a trusted advisor to our stakeholders and supporting the management of the business risk profile
• Work in conjunction with the Risk Initiatives, Reg and Client Assets Oversight and the Risk Framework and Assurance teams under the NFR (Non-Financial Risk) structure to provide value-add and proactive risk management execution
• Act as a key lead leveraging our risk expertise and business understanding to support the business operating within risk appetite. Providing assessment and guidance on both business threats and opportunities to internal stakeholders and to our clients
• Participation in and responsible for challenge and oversight of the relevant control Governance meetings established for the businesses end to end
• Assist with co-ordination and preparation of Internal, External Audit and Compliance Reviews and ensure the closure of any Audit Identified Issues
• Ensuring appropriate assessment of the risk environment and definition of the control environment across the Businesses, executing all activities in line with the Group Operational Risk Management Framework (ORMF). Working alongside the NFR Framework and Assurance and Risk Initiatives functions and also working closely with key business and other stakeholder in the following key areas:
  • Risk & Control Assessment (RCA) – Drive Regional and Global consistency in the Risk and Control Assessments
  • Risk Advisory – Provision of detailed and specific risk management or control related advice
  • Incident investigation/Issue Management – To assess the thematic root causes arising from incidents and issues.  Providing technical/product specific support to the in country Framework and Assurance teams during the investigation of incidents and definition of remedial actions to effectively mitigate the risks arising from an issue
  • Change Risk Assessment – Performance of either ongoing or specific risk assessment for change projects globally (including new client onboarding, IT system implementation, material operational process change, new product or new business). Work with our NFR Change Risk Assessment colleagues
  • Thematic Reviews – Delivery of thematic based process risk and control reviews to provide global, regional or country specific assessment of risk
  • Assurance & Monitoring – Supporting the regional Framework and Assurance team in the design and ongoing maintenance/development of a suitable risk based assurance and monitoring programme (including substantive control testing (ICMP), KRI and Thematic Reviews)

Principal Accountabilities: 

Customers / Stakeholders

• Support the NFR Function, NFR Operations, Fund Services senior management in ensuring the appropriate risk and control structure is in place and that risks that have been highlighted are managed appropriately
• Ensure excellent communication
• Provide consistent internal and external benchmarking, where appropriate

Operational Effectiveness & Control

• Ensure a robust risk management framework
• Support the NFR function in driving the risk agenda across Fund Services, ensuring maximum awareness, management of issues and overall compliance with framework requirements
• Regularly review the business risk management priorities, activities, structure and resources, optimally aligning to business needs and risk appetite
• Cost-effectively minimise the likelihood and impact of disruption by ensuring that the business can continue to meet at least the minimum expectations of customers, counterparties, regulators and other stakeholders at all times
• Implement supporting strategies, policies and procedures to ensure that operational and other risks are managed closely and effectively, in a commercially sensitive and practical manner
• Drive to ensure that the business inherent risk profile and any related issues/impacts are understood by the business and the appropriate actions (and/or risk acceptance) have been put in place to manage residual risk within appetite

Knowledge & Experience / Qualifications

• In-depth knowledge of Fund Services activities, products and processes
• Strong risk / control background and understanding
• Educated to undergraduate or post-graduate degree level in Accountancy, Finance or related field
• Strong leadership and management ability, including motivating employees in the wider organisation
• Deep understanding of HSBC structures, processes and objectives, especially in the risk environment
• Broad knowledge of the external environment (regulatory, political, competitors etc.)
• Deep knowledge of HSBC and GBM: functionally, operationally and financially
• High level of drive and motivation to ensure delivery of a broad range of outputs simultaneously
• Proven ability to articulate complex issues concisely and in clear language
• Use judgement and experience to determine how to handle complex requests and varying timescales; make judgements quickly and consistently
• Relationship management and collaboration skills: ability to form effective relationships and achieve influence with peers across the organisation
• Interpersonal skills: proven ability to communicate effectively and confidently at all levels across the Group
• Practical experience of major business transformation activities
• Proven abilities in managing virtual teams and working across cultures in a global business context

You’ll achieve more when you join HSBC. 
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Issued by The Hongkong and Shanghai Banking Corporation Limited.