Job description
Vice President, COO – Capital Markets & Advisory, MENAT – 0000LJT6
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HSBC Corporate and Institutional Banking (CIB) is a markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.
Capital Markets & Advisory (CMA) houses HSBC’s market leading Financing, Corporate Finance and Strategic Advisory capabilities. It is a competitive, scalable, financing-led model, providing market leading content & insights which leverages HSBC’s global connectivity to be the trusted partner for our clients. This business includes our focused M&A and Equity Capital Markets capabilities in Asia and the Middle East. This business positions corporate and institutional clients at its core with a product agnostic, solutions orientated offering that is simple, agile and more equipped to deliver sustainable and long-term growth.
We are currently seeking a high calibre professional to join our team in Dubai as Vice President, Chief Operating Officer (COO), for the CMA business in the Middle East. This role holds a critical leadership role in supporting and growing the business both strategically and operationally day to day. It is multi-functional crossing all COO disciplines and applies expert industry/product knowledge front to back. It is a key partner to the Regional/Product Head to deliver the business strategy as well as facilitating the business front to back within agreed risk appetite.
In this role, responsibilities include the following: -
Strategy
• Partner with the Co-Heads of CMA for the Middle East to design and execute the strategy in line with local markets, regulators, and the risk & control agenda
• The role holder will be assigned responsibility to cover CMA products and coverage teams and will partner with regional / global CMA COO teams, business heads and regional / global risk teams
Execution
• Work with the business heads and regional COO to facilitate the provision of timely and insightful business performance data that supports strategy execution, based on globally consistent metrics and data sources, and informed by local market dynamics
• Oversee day to day operations, regularly review effectives and efficiency of delivery. Drive innovation as well as continuous improvement; provide constructive challenge where needed to ensure adoption of global consistency and simplification in policies & procedures
• Lead collaboration initiatives as appropriate with other parts of CMA, CIB and HSBC Group, eg. Regions, Private Wealth and Asset Management
• Prepare all relevant presentations, marketing and comms, aligned with Global strategy to ensure clear communication of the CIB and CMA strategy across stakeholder groups
• Focus on outcomes that promote a positive client experience, with a particular focus on ease-of-doing-business
Transformation
• Partnership with Regional COO team, technology, and business stakeholders to i) automate / digitise / simplify, ii) deliver on regulatory commitments and iii) drive the growth in strategic areas
• Ensure programmes align with CIB and Group’s broader transformation strategies, leveraging existing workstreams where relevant
• Engage with key stakeholders including bankers, clients and product leads to prioritize investments that maximize client impact over time.
Risk Management & Governance
• Partner closely with First and Second line risk functions to maintain a robust financial and operational risk environment, where the business operates in compliance with all applicable policies, laws, and regulations, ensure compliance with regulatory mandated local variances, and apply appropriate and effective governance frameworks
• Ensure effective governance structures and processes are in place across all products and countries. Drive adoption of globally consistent policies, procedures, and practices.
• Support engagement with regulators on behalf of CMA, in full partnership with Business Risk, Regulatory Compliance and relevant CIB & Group colleagues
Requirements
To be successful in the role, you should meet the following requirements:
• Excellent knowledge of Capital Markets & Advisory related products, coverage teams and clients
• Proactive and eager to Learn: A self-starter with a growth mindset, eager to take ownership of tasks and learn from senior colleagues
• Very strong analytical and presentation skills, with excellent grasp of MS office and ability to distil large quantities of information into key themes / issues and recommendations.
• Ability to process high volumes of complex information and summarize key themes and issues
• Strong prioritization and control skills, with ability to review and acknowledge when and how to reprioritize, mitigate, or escalate. Practical experience in managing complex projects simultaneously
• Proven ability to work in a fast paced, ambiguous environment, whilst setting and managing realistic expectations and staying true to the values and strategy of the Group.
• Strong interpersonal and communication skills with capacity to work with senior teams and ability to interact at all levels of the organization
• Clear understanding of statutory and regulatory requirements and can ensure the highest global standards of control apply across Capital Markets & Advisory
• It would be advantageous to have a working knowledge of products and client propositions across these businesses
• Budget & cost management experience, Project Management and delivery experience is beneficial
• Excellent English language capabilities both written and oral
• Graduation degree is a must – to secure a UAE Visa and Work Permit
For further details and application information please visit our careers site, searching under reference number 0000LJT6.
You’ll achieve more at 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 The Hong Kong and Shanghai Banking Corporation Limited.
Management of Risk
The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation, and promote an environment that supports diversity and reflects the HSBC brand.
The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring. Also by addressing any areas of concern in conjunction with line management and/or the appropriate department.
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