HSBC Group

Global Private Banking (GPB)
HSBC Global Private Banking provides personal relationship management including integrated banking, investment and wealth advisory services to high net worth clients and their families around the world. The business builds on the strength, heritage and prudent long-term strategy of the HSBC Group to search out and reveal new opportunities for our clients to manage and protect their wealth. As an international private bank, HSBC Global Private Banking has the connections to provide the very best of what the HSBC Group has to offer.

In this role, you will:

Customers / Stakeholders

•   Establish new private banking relationships and manage existing relationships in order to grow Assets Under Management and Revenue

•   Monitor clients’ portfolios on a regular basis to identify additional business opportunities and revenue growth potential

Leadership & Teamwork

•   Work closely with other HSBC departments, including Wealth and Personal Banking, Commercial Banking and Global Banking and Markets, to identify cross-selling opportunities and bring all of HSBC’s relevant products and services to our clients

•   Leverage HSBC’s channels, network and brand to pursue business development activities with a focus on International Private Wealth clients

Operational Effectiveness & Control

•   Ensure strict compliance with HSBC’s internal control standards, including areas of risk, regulatory compliance and financial crime compliance

•   Timely implementation of internal and external audit points together with any issues raised by external regulators

•   Minimize operational losses

Major Challenges

•   Operating in an ever changing and stringent regulatory environment

•   Growing business in a highly competitive market place

•   Operating in a tough KYC processing environment

Role Context

The role operates in rapidly growing wealth management market, with more needs from high-net-worth individuals for private banking services. Banking is also a highly regulated industry. Under that environment, operating conditions of the role:

•   Compliance and risk awareness

•   Networking power

•   Efficient partnership with senior management as well as other join-up business groups

Management of Risk

•   Keeps aware of the Operational Risk associated with the role and acts in a manner that takes account of operational risk considerations

Observation of Internal Controls

•   Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

•   Understands and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.

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