Job description
Business: CIB Business Risk
Open positions:1
Role Title: VP Capital Markets and Advisory Business Risk GSC’s
Location (Country / City ): India/Bangalore
Recruiter Name : Tanvi Mathur
Why join us?
- CIB Business Risk is responsible for the oversight and mitigation of Financial and Non-Financial Risks in the First Line of Defense for CIB (exMSS) and HBEU. Working with Business areas, the team is responsible for providing specialist risk support including risk identification and assessment of Business Risks as part of the activities and process within the lines of business.
- The Capital Markets & Advisory (CMA) business within CIB brings together Debt Capital Markets, Equity Capital Markets, Leveraged & Acquisition Finance, Strategic Equity Finance, Corporate Risk Solutions, Strategic Solutions Group (SSG) and Advisory & Investment Banking Coverage (AIBC), including Mergers & Acquisitions (M&A). CMA delivers HSBC’s world-class financing and risk management proposition to our clients globally, working closely with the other product, coverage, sector and regional teams within CIB to ensure the delivery of a solutions-based approach to meet our clients’ needs. Managing non-financial risk falls under the “Stay Safe” agenda, which is a key strategic pillar of the Investment Banking business. This role is critical to CMA delivering on its strategy.
The Opportunity:
- The Capital Markets & Advisory (CMA) business within CIB brings together Debt Capital Markets, Equity Capital Markets, Leveraged & Acquisition Finance, Strategic Equity Finance, Corporate Risk Solutions, Strategic Solutions Group (SSG) and Advisory & Investment Banking Coverage (AIBC), including Mergers & Acquisitions (M&A). CMA delivers HSBC’s world-class financing and risk management proposition to our clients globally, working closely with the other product, coverage, sector and regional teams within CIB to ensure the delivery of a solutions-based approach to meet our clients’ needs. Managing non-financial risk falls under the “Stay Safe” agenda, which is a key strategic pillar of the Investment Banking business. This role is critical to CMA delivering on its strategy.
What you’ll do
- Oversight of Non-financial risk across multiple Investment Banking products and ensuring day to day operations include these. Demonstrating compliance with all applicable policies, laws and regulations, whilst ensuring compliance with regulatory mandated local variances and managing regulatory.
- Act as a nodal point for NFR related activity across different product categories.
- Facilitate the scoping and performing risk and control assessments, identification of control weaknesses and their remediation plans
- Interpret Non-financial risk data and trends to identify thematic risks, associated issues for the business and their mitigation progress. Identify trends to anticipate emerging risks that the business should take action on.
- Engage with the first line stakeholders, second line risk stewards as well as third line audit function to align overall Non-financial risk status for the business.
- Drive remediation of audit actions, regulatory issues and any other issues whether identified by management, CCO activities or Risk Steward reviews.
- Ensuring ongoing effectiveness of New Product due diligence and post implementation approval processes whilst maintaining an accurate and robust product inventory suitable for HSBC’s customer base thus negating the impact of a conduct risks transpiring through miss selling scenarios.
- Actively challenge poor, inefficient or excessive controls, related tasks and behaviors.
- Supports the adoption of globally consistent policies, procedures and practices.
- Facilitates the provision of timely and insightful supervisory frameworks and metrics (KRIs/KPIs) based on globally consistent metrics
- Working across global, regional and country colleagues to build a collaborative culture that drives continuous improvement, business innovation whilst constructively challenging outdated and inefficient practices.
Requirements
What you will need to succeed in the role:
Knowledge, experience and Capabilities
- Experience directly within Investment Banking, MSS or Global Banking business in a 1LOD role and/or Commercial Office is essential.
- Understanding of Non-Financial risks including ESG, associated framework, governance requirements and awareness of lead regulator’s (e.g. PRA, HKMA) expectations.
- Ability to work across teams located in different time zones with differing requirements and timings for delivery.
- A continuous improvement and innovative mindset and a targeted focus on cost of control e.g. system enforced process and control automation to remove reliance on people and manual process as the primary means of remediation.
- Ability to develop trusted adviser status with key Executive stakeholders through SME expertise, industry experience and track record; ability to understand desired Business outcomes across the matrix and ability to translate in to well communicated and clearly articulated strategies.
- Leadership in driving change and transformation programmes through a Global organisation – both to own teams and structures and jointly with the Business through supporting and delivering changing workplace strategies.
- Knowledge of the external environment - regulatory, political, competitors and market
- Proven ability to articulate complex issues concisely and in clear language
- Strong technical, risk management and analytical skills
- Strong presentation skills, ability to develop clear and succinct presentations and reports for senior management and governance forums
- Excellent English writing and oral skills are mandatory.
Experience
- Experience directly within Investment Banking, MSS or Global Banking business in a 1LOD role and/or Commercial Office is essential
- Exposure to Non-Financial Risk Management, Risk Management Governance, or Risk Stewardship roles would be advantageous
- Prior experience of working in a global matrixed organisation and dealing with complex stakeholder groups
Focus & Energy
- Proactive and curious to build key relationships, identify areas of focus and continuous learning
- High level of drive and self-motivation to ensure delivery of a broad range of outputs simultaneously in a matrix environment
- Ability to work independently, multi-task, filter information and prioritise multiple demands
- Capacity to process high volumes of complex information and synthesise key themes and issues
- Proactive and curious to build key relationships, identify areas of focus and continuous learning
Relationships
- Sound relationship management, collaboration and influencing skills with experience of positive, challenging interactions with senior executives across multiple functions
- Ability to use initiative to resolve issues, whilst dealing with a diverse range of stakeholders and team members, distributed across functions and locations
- Experience of building and maintaining strong working relationships across a globally distributed matrix organization
What additional skills will be good to have?
- A working knowledge of Capital Markets, Global Banking & Market Securities Services with understanding of client lifecycle & trade journey
- Subject matter expert and strong understanding of Non-Financial risks, technology & cyber risks and potential mitigating actions, industry / best practices and related risk/control frameworks
- Strong analytical skills especially with regards to understanding of data and analytics, business risk, processes, procedures and operational controls
- A degree in banking / financial / management / business administration / accounting exposure
(Or)
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You’ll achieve more at HSBC
HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”
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Nom du recruteur
Tanvi Mathur
Courriel de recruteur
tanvi.mathur@hsbc.co.in