HSBC Group

GCB 4

Some careers have more impact than others.

If you’re looking for a role where you can continue to make an impression, take the next step at HSBC where your contributions will always be valued.

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency, geopolitical, operational, credit, pension, insurance, market and reputation risks. All parts of the Global Risk team use their skills, insight and integrity to handle established threats and those they see emerging, acting to protect and enable HSBC to deliver sustainable growth.  

We are currently seeking a high calibre professional to join our team as a Strategic Planning Risk –Analytics Manager. 

Principal Responsibilities  

Role Purpose

Treasury Risk is the risk of having insufficient capital, liquidity or funding resources to meet financial obligations and satisfy regulatory requirements, including the risk of adverse impact on earnings or capital due to structural foreign exchange exposures and changes in market interest rates, together with pension and insurance risk.

HSBC uses stress testing as a forward-looking risk management tool for the identification, assessment, management and reporting of risks and manages this process in accordance with its 3LOD model.  HSBC carries out a Financial Resource Planning (FRP) process to ensure that the bank’s strategic plans are rigorous, realistic and allocates sufficient resources to deliver the bank’s strategy.  This role holder provides effective risk oversight to HSBC Asia-Pacific’s Stress Testing and FRP process.  

In this role, you will:

• Drive the efficiency, effectiveness and insightfulness of 2LoD review & challenge by providing regional input and support to the development of global forecasting and stress testing analytical and visualization tools
• Where there is a regional/local need, develop bespoke forecasting and stress testing analytical and visualization tools to enhance 2LoD review and challenge
• Understand the end-to-end process, data infrastructure and systems used by the 1LoD for financial forecasting to ensure analytical tools being developed are aligned to value streams, servicing both FLoD and SLoD
• Support test case design and User Acceptance Testing prior to tool go-live
• Liaise with other functions to identify where existing sensitivity and/or risk/sector/theme-specific stress tests are already being performed; collaborate with these functions to translate these financial impacts into capital sensitivity/projections
• Provide review and challenge support for financial forecasting and stress testing core processes that are within Treasury Risk Management’s remit – incl. the appropriateness of Strategic Management Actions (SMAs) taken to recover from stress
• Across the spectrum of different stress tests (e.g. internal vs. regulatory, sector/them-specific, severe but plausible, Recovery Planning, Reverse Stress Test, Resolution Stress Test and etc.), coordinate and collate the review and challenge conclusions from other Risk Stewards in order to assess whether Top and/or Emerging Risks for other risks in HSBC’s taxonomy have been appropriately reflected in the scenario(s) and to assess the reasonableness of the stressed capital projections for a given scenario
• Present review conclusions to Regional and Country Chief Risk Officers and Global and Regional Treasury Risk Stewards
• Utilize the conclusions from the suite of sensitivity analysis/stress tests to proactive manage HBAP’s Capital Risk
• Ensure that HSBC is meeting the minimum regulatory requirements as it pertains to financial risk management and stress testing

• The applicant must possess extensive and deep understandings on Capital Risk knowledge and experience working in HSBC or a comparably large bank or financial institution. Candidates that have fundamental knowledge of Structural FX Risk, Liquidity Risk and/or IRRBB and understand the interplay between the various Treasury disciplines will be preferred
•  Extensive experience with data manipulation software languages (SQL, VBA and etc.) and analytical software languages (Python, R, SAS, MATLAB and etc.) and data visualization tools (Qlik sense, Tableau and etc.) will be looked upon favorably
•  Have experience developing and productionizing automated analytical and visualization tools
•  Fundamental knowledge of the key drivers of Credit Risk, Market Risk and Operational Risk RWAs under stress
• Fundamental knowledge of Recovery & Resolution Planning
• Firsthand experience working on enterprise wide and/or regulatory driven stress tests
• Candidates with experience in both centralised Treasury functions and finance units embedded within lines of business are desired
• Skilled in project management – in particular: senior stakeholder management, time management, multitasking and prioritization
• Relevant 2LoD and/or internal/external audit experience with the ability to provide effective review and challenge in a professional and constructive manner
• Excellent business writing, communication, presentation, interpersonal and influencing skills, including the capacity to articulate the case for risk management in the language of business – ability to articulate complex concepts in a simple, succinct and impactful way to senior management
• Strong interpersonal, negotiation skills and problem solving skills, with experience in a complex global environment and a fast-paced dynamic environment
• Tertiary degree in a relevant field, such as finance, economics, risk management, or a related quantitative discipline, is highly desirable
• Professional certifications (e.g. FRM, CFA, PRM) are advantageous

When applying, please submit a full resume and attach your appraisal reports for the last two performance years. Your local internal application policy should be followed. For internal applicants in Hong Kong with less than twelve months in their current role, please also obtain and enclose the endorsement from your current line manager in the application as well; for more information, you can visit HRDirect and search for content "HKG: Do I need any approval to look for internal career opportunities?".

You’ll achieve more at HSBC.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

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 The Hongkong and Shanghai Banking Corporation Limited.