Job Description
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 organizations 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 realize their ambitions.
We are currently seeking an experienced professional to join our team in the role of Transaction Risk Management
Principal responsibilities
- Apply appropriate risk control and operating procedures taking account of changing economic or market conditions (this to include Anti-Bribery & Corruption risk, Anti-Money Laundering Risk and Sanctions Risk).
- To ascertain the value of the assets purchased, or to be purchased, under the client’s agreement with GTS(Global Trade and Receivables Finance)
- To determine the likelihood and timing of the need to rely on or recover those assets to protect HSBC’s security.
- To assess suitability of new and existing sellers on capabilities to generate valid collectable receivables and fulfil commitments to act as collection agent.
- To take or recommend action to ensure the security of the funding provided, or to be provided.
- Manage various aspects of receivable finance transaction flow including customer credit management, Trade Credit Insurance (TCI) management and customer limit requests.
- Provide credit limit decisions and/or rationale for existing and prospective clients using both financial and non-financial information
- Minimize bad debt through effective risk management including but not restricted to: Unapproved reviews, downgrade reports, late filing reports, requirements checks, grouping exercises
- Increase credit protection income/client satisfaction through various valued added activities including but not limited to conversions, acting upon client verbatim comments and limit appeals, and Efficient analysis, management, and in-life monitoring of all types of complex and non-complex Asset Based Lending facilities (ABL).
