Job description
Insurance Risk Manager
Join a digital first bank that’s powered by people.
Our technology team builds innovative digital solutions rapidly and at scale to deliver the next generation of banking services for our customers around the world.
We have an entrepreneurial mindset. Our people work together, creating an agile, collaborative, and innovative culture. You’ll learn and expand your skills, plus we will support you every step of the way as you grow your career.
The role holder will support the Group Insurance Risk Reporting and Governance Lead in managing all deliverables of the team assigned. This includes: (i) design, socialisation and development of Risk management information (MI) that facilitates visibility and oversight of current risk issues, as well as forward looking and trigger based MI (ii) design of processes to ensure effective, efficient and documented implementation of aspects of the Risk Management Framework (RMF) and supporting guidance (iii) managing roll out of new governance requirements from Global Risk (iv) designing and collating evidence requirements for policy and procedure compliance and managing the regular process requirements (v) ensure delivery of the requirements for the risk management meetings (including pack management and information required to flow from underlying committees/forums (vi) regular reviews of Global Insurance risk map and Global and Local risk appetite statements (RAS) to ensure quality submissions in line with the RMF and challenge and remediate shortcomings (vii) management of delivery of MI requirements for Wealth and Private Banking (WPB) and Global Risk (vii) active engagement and relationship building required with risk stewards, CCO team, WPB and Global Risk teams, and entity risk teams to facilitate effective oversight.
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
In this role you will:
• Design, socialisation and development of Risk management information (MI) that facilitates visibility and oversight of current risk issues, as well as forward looking and trigger based MI
• Design of processes to ensure effective, efficient and documented implementation of aspects of the Risk Management Framework (RMF) and supporting guidance
• Managing roll out of new framework requirements from Global Risk
• Designing and collating evidence requirements for policy and procedure compliance and managing the regular process requirements required to flow from underlying committees/forums)
• Regular review and challenge of Global Insurance risk map and Global and Local risk appetite statements (RAS) to ensure quality submissions in line with the RMF and challenge and remediate shortcomings
• Management of delivery of MI and other framework requirements for Wealth and Private Banking (WPB) and Global Risk
• Active engagement and relationship building required with risk stewards, CCO team, WPB and Global Risk teams, and entity risk teams to facilitate effective oversight
Requirements
To be successful in this role you should meet the following requirements:
• Insurance experience and understanding of the range of product types across Insurance as well as a knowledge of principle risk types in scope is essential
• Experience in working in a risk control role with knowledge of risk frameworks would be an advantage
• Ability to form effective relationships and achieve influence, through good communication and interpersonal skills, and coordinate and manage stakeholders effectively at all levels
• Strong analytical skills
• Broad knowledge of the regulatory environment, particularly Insurance specific regulations
• Strong interpersonal and communication skills
• Take personal accountability, be decisive, use common sense and commercial awareness
• Act with courageous integrity in decision making
• Demonstrate a high degree of organisational skills and experience in project management
This role is based in London.
Opening up a world of opportunity
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