Job description
Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join Hang Seng and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, Hang Seng offers opportunities, support and rewards that will take you further.
Commercial Banking – Global Trade Solutions
Hang Seng’s Commercial Banking (CMB) business provides customized one-stop financial solutions to our corporate customers, from small and medium-sized businesses to large publicly listed companies and conglomerates, as well as institutional clients.
For customers conducting business locally or around the world, we offer a comprehensive range of services including corporate lending, trade and receivables finance, structured loan, cash management, investment, treasury services, insurance and e-Banking services. As a reliable financial partner, we attend to the specific business needs of our customers and provide efficient tailor-made banking solutions through our relationship managers and dedicated specialists.
We are currently seeking a high caliber professional to join our department as Head of Global Trade Solutions (GTS) Product Risk, reporting to Managing Director, Head of Corporate Banking.
Principal responsibilities
- 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 whilst operating in a regulated and evolving environment.
- The role holder will be critical in the embedment of a strong risk-aware culture, 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 holder will be the first port of call for all first line risk management matters in GTS managing financial or 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).
- The role will work with multiple departments and stakeholders within GTS and the wider CMB environment to deliver effective risk mitigation, and maximize portfolio returns across the GTS suite of products through management of risks and losses. Additionally to 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 the development and implementation of portfolio risk governance framework to monitor and manage existing GTS risk exposures given the increased risk and complexity in providing new propositions across complex global markets. It also involves the 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.
- This is a scale management role requiring leadership of a specialized and multidisciplinary risk management team in HK with oversight on China. 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 holder will play a critical role in helping to develop new products and propositions and contribute to the development of new initiatives and local business plan, in collaboration with GTS and broader stakeholders as appropriate.
- Lead the end-to-end Operational Risk Programme in HK and China with oversight of key risk issues in the markets and 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
- University degree in Business Administration, Finance or related disciplines.
- Strong trade background preferred, and broader trade experience and knowledge including excellent FCC knowledge.
- Demonstrable strength in risk management with specialisms in at least one of operational risk management or credit risk, particularly with regards to structured products.
- Experience of building, developing and leading sizeable teams.
- Strong management skills, with experience in team building and managing a wide range of projects.
- Excellent stakeholder management skills and ability to influence.
- Strong written and verbal presentational skills.
- Ability to adapt and lead through changing environment
- Strong negotiator
- A history of making considered decisions that protect and enhance Hang Seng 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.
- Committed, resilience and action-oriented personality with strong ownership to drive business performance and the success of strategy development and implementation; Ability to build a trusted-advisor relationship with working partners and senior executives
- Proficiency in both English and Chinese, fluency in Putonghua an advantage
- Professional qualifications such as Enhanced Competency Framework (ECF) and/or Certified Banker (CB) under Hong Kong Institute of Bankers (HKIB) would be an advantage.
You’ll achieve more when you join Hang Seng Bank Limited.
https://www.linkedin.com/company/hang-seng-bank/
Hang Seng is committed to service excellence. Our people are our most important asset and play a vital role in our efforts to continually enhance our performance for customers and provide best-in-class products and services. We seek to attract high-calibre talent by offering a dynamic working environment, good career development opportunities and competitive compensation packages.
Issued by Hang Seng Bank Limited