Vice President – Investment Banking Business Risk – WBR CoE

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Vice President – Investment Banking Business Risk – Wholesale Business Risk CoE

Principal responsibilities

• 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
• 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
• 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.
• Develop and maintain effective Risk Profile Management which includes proactive management of live business risks, RCA support, independent validation of continuous monitoring plans and KRI monitoring.
• Actively develop key relationships across GB CCO globally to support the promotion of an effective and forward-looking risk NFR management framework and culture.
• Identify and share NFR management best practice across WCOO, crucially to engage with the wider CoE to drive efficiencies and replay innovation back into GB CCO globally.
• Provide proactive and constructive feedback/updates; Ability to work across teams located in different time zones with differing requirements and timings for delivery; 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.