SENIOR THIRD PARTY RISK OFFICER

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 SENIOR THIRD PARTY RISK OFFICER.

Business - Digital Business Services 

Principal responsibilities

The Sr TPRO to: 

• Supports the Global TPRO by acting as the local point of contact / interface/ champion for TPRM related matters on behalf of Operations. 
• Provides risk management support, subject matter expertise and direction for Third Party Risk related activities and issues in conjunction with the Global TPRO  
• Coordinates the implementation and embedding of the Group Third Party Risk Management (TPRM) Policy and Framework  
• Executes and maintains the Operations Third Party Risk Governance strategy to ensure coordinated, consistent, effective, and complete adoption of the Operations execution plan for Group TPRM Policy and Framework in their remit. 
• Advises and guides Third Party Engagement Managers (TPEMs) & Risk Owners by establishing thresholds to identify materiality of Risk or Regulatory importance. 
• Reviews and monitors Third Party Risk related issues across all entities within Operations locally.  Understands and can advise on regulatory requirements and how they apply to TPRM. 
• Provides advice and guidance to Third Party Engagement Managers and Risk Owners and Accountable Executives. Ensures skills / knowledge gaps and opportunities to upskill and improve performance are identified and that training is completed. 
• Measures TPRM against set risk objectives and controls  
• Provides escalation through reporting line where decision/issue is of significant materiality or regulatory importance.  
• Reviews analysis, MI and reporting to inform local strategy and execution plans. 
• Manages and oversees Third Party Engagements to ensure TPM activities are undertaken accurately and on time, records are complete and accurate and are compliant with TPM policy.

Governance and Committee Memberships (membership of ExCos, Risk Management Meeting)  

• Governance forum (Monthly). 
• Local drumbeats (Periodic). 

Leadership & Teamwork   

• Act as the management interface between Third Party Engagement Managers and the Global Third Party Risk Utility  
• Influence stakeholders with the Risk Owners, Accountable Executives and Engagement Managers within the business to create an environment of robust, pro-active and risk aware business operation  
• Building strong working relationships across Operations  
• Work closely with Group TPRM model to align the practices and governance structures to share / absorb best practices  
• Work with Risk Stewards as a channel to feedback improvements on policy requirements and to help understand and manage the risks of the aggregate Engagements in relation to the relevant risk domain 
• Maintain transparent communication channels with all relevant stakeholders  
• ideas together to create new and innovative solutions.   
• Proven track record in role modeling the Group values and behaviors, authentically engaging with your team, colleagues, and customers to deliver superior Customer Service through them.