Job description
Some careers grow faster than others.
If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential.
Trade has been the foundation of HSBC since 1865, it is evolving fast and so are we. With our network, expertise, and solutions we’re placed to help clients make sense of emerging trends, risks, and opportunities by being the global connectors, innovative problem solvers and strategic partners.
We connect the world through trade. As global connectors our footprint gives clients access to 89% of world trade flows providing a powerful mixture of local, regional, and global knowledge to help them spot new growth opportunities. We are innovative problem solvers that provide a safer, smoother digital trade experience with expert help to clients solve business challenges through innovative solutions and strategic partners through growth, disruption, or uncertainty, we bring them insights and ideas to enable grow and protect their business.
Our comprehensive suite of products and services can be combined into global solutions that help make it easier for businesses to manage trade risk, process trade transactions, and fund trade activities.
We are currently seeking an experienced professional to join this team in the role of Head of Global Trade Solutions (GTS) Product Risk, Malaysia
Role Profile
HSBC is the world’s largest Global Trade Solutions (GTS) organisation in the world, offering a comprehensive range of forward-thinking open account supply chain and traditional trade solutions. The bank has been recognised by the industry’s most prominent publications and associations for its strength in combining innovation and service excellence with its end-to-end customer solutions (voted the Best Trade Bank by our clients for seven consecutive years).
HSBC GTS is a global core product and solutions capability for clients in the market. We are currently seeking an experienced individual to join GTS in this Product Risk role. The role will be based in Malaysia reporting functionally to the Regional Head of GTS Product Risk and on an Entity basis to the Head of GTS, Malaysia.
The responsibilities of this role will include most of the following:
Principal responsibilities
- The role holder will be the first port of call for all first line risk management matters in GTS for Malaysia managing all financial and non-financial risk issues. This includes but is not limited to the business-operated controls which mitigate credit risk, and the key non-financial risks (financial crime, regulatory risk, legal, resilience, people, model and accounting & tax risks).
- This is a key role requiring a strong risk background to effectively identify, manage and escalate on risk issues and ensure implementation of Global FIM, GOPs and any regional guidance in Malaysia.
- The role holder will be critical in the embedment of a strong risk-aware culture in Malaysia, providing necessary guidance to in-country teams to effectively implement global policy and control points, ensure timely escalation on risk issues and gaps observed and develop an effective plan to address these risks and gaps.
- The role encompasses the management of all areas of GTS Product Risk including GTS Non-Financial Risk, Transaction Risk Management and Quality Assurance
- The role will work with multiple departments and stakeholders within GTS and the wider CIB environment to deliver effective risk mitigation, and maximize portfolio returns across the GTS suite of products through management of risks and losses.
- The role will provide oversight of GTS facilities and leading both TRM and Controls Office.
- The role holder will be responsible for ensuring the alignment of portfolio risk appetite to the risk appetite of the business. This will be achieved through monitoring and periodic reporting of portfolio risk and key metrics to the regional Product Risk team and all relevant risk stewards highlighting key and material risks in the portfolio and follow through with actions to address any concerns raised on the portfolio.
- The role holder will contribute to development of new initiatives, new propositions and business plan in country, in collaboration with the regional team.
- Lead the end-to-end Operational Risk Programme in Malaysia
- Be a member of Regional GTS Product Risk leadership team and contribute to the development of Product Risk’s function and achievement of its strategic aims
Requirements
- Strong trade background preferred, and broader trade experience and knowledge including excellent FCC knowledge.
- Proven track record in risk management with specialisms in at least one of operational risk management or credit risk, preferably on structured products.
- Experience in building a strong risk culture in a business, leading risk specialists to effectively implement Global policy
- Strong stakeholder management skills
- Experience in team building and managing a wide range of projects.
- Open personality with effective communication skills.
- Strong written and presentational skills.
- Ability to adapt and lead team through changing environment
- Effectively solve problems that cross different risk disciplines and involving multiple teams
- Demonstrate strong decision-making capability and be able to protect and enhance HSBC values, reputation and business.
- Ability to work with large amounts of data with ability to interpret and summarise meaningfully for Executive Management
- Able to cope with pressure and tight deadlines and be change-oriented.
You’ll achieve more when you join HSBC.
HSBC is 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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by HSBC Bank Malaysia Berhad