HSBC Group

If you are a UK or CIIOM based employee, please apply using the following link which will take you to our new Recruitment System: https://performancemanager.successfactors.eu/sf/jobreqpvt?jobId=5774&company=hsbcholdin&st=2DC14589BE0F8F7EFD036A357E49D5FE6A1A2AC9

If you’re looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge, and develop your skills. Bring your knowledge of our brand to a new role and grow yourself further. 

Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.

A move across the business allows you to continue to access tailored professional development opportunities, and our fantastic benefits packages.

We are currently seeking an experienced individual to join this team in the role of Risk Manager.

As Risk Manager, you will be responsible for ensuring that appropriate and optimal risk strategy is delivered at M&S Bank, with additional focus on Credit Risk.  

You will provide oversight and insight of M&S Bank acquisition, portfolio and collections performance for existing and any new credit products launched.

Working closely with first- and second-line teams across HSBC UK and M&S Bank to ensure that risk strategies deployed are appropriate and meet the needs of M&S Bank. Supporting the M&S Bank Chief Risk Officer in ensuring good risk discipline is in place across the enterprise-wide risk framework.

This will involve supporting effective governance for M&S Bank, which may include reviewing various reports and liaising with key stakeholders across M&S Bank and HSBC UK.

In this role, you will:

• Identify opportunities to contribute to business objectives and take a lead role in driving initiatives where appropriate.
• Understand and ensure mitigation of known and emerging risks
• Responsible for oversight of the end-to-end credit cycle, including: acquisition credit risk policy and strategy changes, portfolio account management strategy performance, new credit products / facilities / price / re-pricing, new credit product risk framework, risk appetite and expected profitability, marketing campaign target criteria, new scorecards / Basel models, collections and recoveries policy, strategy changes and performance
• Represent the voice of M&S Bank brand within HSBC UK RISK and represent the voice of HSBC UK RISK within M&S Bank
• Take accountability for embedding risk culture within M&S Bank
• Ensure M&S Bank key values are maintained in new acquisition strategies

To be successful in this role you should meet the following requirements:

• Strong understanding of risk management principles. 
• Good working knowledge of Credit Risk policy, strategy, operations and related procedures throughout the credit risk cycle
• Appreciation of portfolio drivers and how to influence them.
• Strong communication and interpersonal skills with proven ability to positively influence stakeholders.
• Awareness of enterprise-wide risk framework.
• Proven experience of working in a relevant environment, promoting and leading best practice in risk and compliance management.
• Strong analytical/strategic thinking skills which can be applied in a practical and realistic manner.

The base location for this role is Chester, Sheffield or Birmingham – Hybrid Working.

Continue to grow with our internal opportunities.

To support you with putting your best foot forward for our internal opportunities, you are invited to take advantage of our CV and Interview workshops, hosted by our Talent Acquisition team. To find out more and register to attend please click on this link.
SuccessFactors Learning: Item Details for CV and Interview skills Classes (plateau.com)

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. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: hsbc.recruitment@hsbc.com
Telephone: +44 207 832 8500

You can find out more about the recruitment journey and what to expect by viewing our Recruitment Process FAQs in HR Direct and by clicking here (only available via internal access).