Job description
1. Company Description
HSBC Qianhai
HSBC Qianhai Securities Limited (HSBC Qianhai), a joint venture securities company, was incorporated on 28 August 2017, pursuant to Supplementary Agreement X to the Closer Economic Partnership Arrangements (CEPA) between the mainland and Hong Kong.
The registered capital of HSBC Qianhai is RMB1.8 billion. The Hong Kong and Shanghai Banking Corporation Limited (HSBC) holds 90% of the shares, while Qianhai Financial Holdings Co., Ltd. (QFH) holds the remaining 10%. Our headquarters are located in Qianhai, Shenzhen. We have branch offices in Beijing and Shanghai, and a trading outlet in Qianhai, Shenzhen.
By combining solid expertise in the domestic capital market with the global competitive advantage of the HSBC Group, we are committed to providing our customers with comprehensive securities services and a diverse range of products, aspiring to be your unique partner in China's onshore capital markets.
Our purpose – ‘Opening up a world of opportunity’ – explains why we exist. For information about our purpose and values, please visit HSBC.com.
HSBC Qianhai is part of one of the world’s largest financial services organisations. Whether you are an experienced professional, looking for your first job, or are interested in one of our student and graduate programmes, we provide many ways for you to develop your skills and achieve your career ambitions in a diverse and inclusive environment.
We offer opportunities across our organisation to build a fulfilling career and work with colleagues and customers around the world. We have roles available in business areas including Investment Banking, Securities Brokerage, Investment Advisory, Securities Proprietary Trading, Asset Management and Private Wealth Management, and Functions, Digital Business Services.
We look for people who are ambitious and want to develop their career and contribute to HSBC’s long-term, sustainable growth. We want employees who can help us achieve our strategy, balance social, environmental and economic considerations and manage risk accordingly.
To ensure we achieve this growth in the right way, we place great emphasis on our values. We are committed to applying the highest standards throughout the company, everywhere we do business.
Diversity and inclusion is at the heart of our business. Joining HSBC will give you the opportunity to work in a collegiate and supportive environment in which we seek to develop and promote you based on merit.
We also have a strong commitment to sustainability and encourage employees to participate in our community projects and other activities.
2. Job Description
As part of the risk team supporting the growing business, the candidate will primarily focus on enterprise risk, resilience risk, model risk, and reputational risk management:
l Represent Risk department to engage business lines and support functions and participate in new product / system / process change initiatives.
l Responsible for implementation of the ERM framework and regular review of use and adoption of the Risk Management Framework (RMF) for Non-Financial Risk (NFR) & Financial Risk (FR) management. This includes Risk Strategy, Risk Appetite, Risk Taxonomy and Risk Control Library strategy and policy framework.
l Stay current with regulatory requirements within scope and help prepare regulatory survey responses / submissions.
l Prepare for and Participate in governance forums to provide management update and bring back action item / issues requiring attention.
l Be the Risk department point of contact for audit engagements / incident report / reputational risk discussions.
l Represent Risk to participate in project working groups on outsourcing / system development / implementation / enhancement projects, and participate in testing as needed.
l Strike balance between local regulatory requirement and international best practice in risk framework.
Requirements
To be successful in the role, you should meet the following requirements:
l Undergraduate or Graduate degree in Finance, Accounting, Risk Management related disciplines or quantitative subject.
l Minimum of 5-7 years relevant working experience in related field.
l Maturity and experience in engaging senior stakeholders and managing competing priorities.
l Must complete AMAC and CSRC licensing exam, if not already completed, within 6-months of onboarding.
l Enterprise and data risk management experience strongly preferred.
l Nice to have: knowledge of scripting (Python) or database query (SQL) language.
l Strong proficiency in written and spoken Chinese and English.