Job Description
The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2026-nCoV), we're leveraging our digital capabilities to ensure we can continue to recruit top talent at the HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.
Some careers shine brighter 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 64 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 Assistant Manager, Transaction Risk Management - GSC's.
Business:Global Trade and Receivables Finance - Transaction Risk Management (TRM)-GSC's
Open positions: 1
Role Title: Assistant - GSC's
Global Career Band: 7
Location: Bangalore
Recruiter Name:Akshay Sinha Kumar
Why join us
Global Trade and Receivables Finance (GTRF) is a key strategic business for the HSBC Group within Commercial Banking with almost 150 years of history. It is the largest international trade bank, with an unrivalled global presence and access to over +0 per cent of the world's global capital flows. GTRF provides trade finance and risk mitigation solutions to customers all over the world, from Small and Medium Enterprises (SMEs) through to large corporates and multinationals
GTRF Transaction Risk Management is a single unit within first line of defense, supporting the ongoing suitability assessment of GTRF products and customer relationships to achieve sustainable growth.It's subject matter experts also run and support multiple work streams and projects within the business for Simplification, Efficiency and Automation.
Global Service Centers are an integral part of Global Operations. Employees based there manage day-to-day customer transactions and processes for the global businesses. This may include transactions for our retail bank such as processing loans, credit cards, insurance, and mortgage applications, opening new accounts, and managing customer enquiries through contact centers and digital platforms. Employees in the Global Service Centers also run and manage operations for commercial bank customers. This includes processing credit applications, facilitating payments and managing the import and export transactions that enable customers to protect and grow their businesses through international trade.
The Opportunity:
The primary focus of this role is to support the TRM Centre of Excellence delivery model to drive up the customer experience and advocacy, assist in managing the operational risk and realize lower operating costs.Principally, this requires participation and support in the structuring and monitoring of new facility/transaction facilities to ensure they are workable and that the proposed facility/transaction are in line with industry standards and internal/external banking practices, processes, and governance. This is to achieve the desired levels of quality, risk management, operational efficiency and alignment to Global Business demand.Active engagement with stakeholders across GTRF markets and shared services as required.
The role will likely span across 3 key streams, namely Survey, Buyer Credit and Commodity Trade Finance.
Survey
Key responsibilities will be providing operational support to the process receivables finance survey activity on new and existing Sellers using appropriate auditing techniques, independently, and objectively, identify and manage risk or risk mitigation, whether financial, operational, or relationship based.
Buyer Credit
Responsibilities will include supporting the underwriting and managing/monitoring buyer credit limit exposures, providing trusted advice to internal stakeholders in addition to providing guidance and direction on credit structures and risk positions to ensure that business assets are committed and controlled within acceptable risk/reward parameters.
In-Life Monitoring/Periodic controls
Active participation in the operational delivery of the risk management practices and techniques by helping to deliver best practice policies, processes, and systems efficiently whilst addressing related operational and credit risk Engage in the implementation and effective usage of the Collateral Management System and provide a best-in-class transaction management in relation to the Commodity Trade Finance portfolio
Portfolio Risk
Undertaking the Co-ordination, processing, and monitoring, of the cessation of a Receivable Finance (RF) facility
What you'll do:
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).
Assist in developing and creating Survey MI to allow monitoring of trend and risk oversight
Responsible for ensuring that all Survey administrative task SLAs are met, including timely production of the monthly Survey Schedule and accuracy of the information recorded.
lead the Co-ordination, processing, and monitoring, of the cessation of a Receivable Finance (RF) facility, including calculating redemption figures and updating systems
Support various aspects of receivable finance transaction flow including customer credit management, Trade Credit Insurance (TCI) management and customer limit requests.
Support in the underwriting of credit limit decisions and/or rationale for existing and prospective clients using both financial and non-financial information
Help to minimize bad debt through effective risk management including the review of various data sources and exception reports to identify risk indicators
Support and contribute to the identification and development of best practice systems and processes for TRM.
Support the monitoring of new facility/transaction facilities to ensure they are workable and that the proposed facility/transaction are in line with industry standards and internal/external banking practices.
Protect the bank's assets and reputation by monitoring buyers and clients for suspicious activity/transactions and taking appropriate action as per the operating policies
Production of Management Information (MI) and reporting as per Global Operating Procedures on a weekly/monthly/quarterly basis. Ensure integrity of risk procedures and practices. Ensure facilities (clients and customers) are audited and managed in accordance with Group policy
Requirements
What will you need to succeed in the role
Relevant experience of 3 years within Trade Finance, ideally within one or all of Core Trade, Receivables Finance and Commodity Trade Finance with a risk control lens with knowledge and experience of core trade, receivables finance and commodity trade financing products, risk evaluation, and the finance lifecycle.
Good understanding of customer groups and supporting business initiatives.
Good understanding of operational risk related to the underlying transactions.
A good team player who possesses good interpersonal and communication skills.
Strong organizing and time management skills.
Good ability to work independently and quickly, with good attention to detail and solutions oriented.
Good command of spoken and written English essential, with strong written and verbal communication skills, enabling productive dialogue with internal and external customers
Self-motivated with initiatives to take on new and additional responsibilities.
Strong ability to read and analyses a wide source of data, including financial and non-financial information
Good understanding of financial crime risk.
Completion of a degree or relevant professional qualification
Good understanding of applications including Excel, Word, and Outlook.
What additional skills will be good to have
Ability to foster relations with stakeholders outside of one's own team.
Good understanding of HSBC systems - including Browser Main Menu and GTRF Product Systems.
Good understanding of Business types and structures.
Good understanding of HSBC credit risk appetite
You'll achieve more at HSBC
HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, ****** orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, colour, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.'
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 HSBC Electronic Data Processing (India) Private LTD...
3.00-5.00 Years
Some careers shine brighter 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 64 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 Assistant Manager, Transaction Risk Management - GSC's.
Business:Global Trade and Receivables Finance - Transaction Risk Management (TRM)-GSC's
Open positions: 1
Role Title: Assistant - GSC's
Global Career Band: 7
Location: Bangalore
Recruiter Name:Akshay Sinha Kumar
Why join us
Global Trade and Receivables Finance (GTRF) is a key strategic business for the HSBC Group within Commercial Banking with almost 150 years of history. It is the largest international trade bank, with an unrivalled global presence and access to over +0 per cent of the world's global capital flows. GTRF provides trade finance and risk mitigation solutions to customers all over the world, from Small and Medium Enterprises (SMEs) through to large corporates and multinationals
GTRF Transaction Risk Management is a single unit within first line of defense, supporting the ongoing suitability assessment of GTRF products and customer relationships to achieve sustainable growth.It's subject matter experts also run and support multiple work streams and projects within the business for Simplification, Efficiency and Automation.
Global Service Centers are an integral part of Global Operations. Employees based there manage day-to-day customer transactions and processes for the global businesses. This may include transactions for our retail bank such as processing loans, credit cards, insurance, and mortgage applications, opening new accounts, and managing customer enquiries through contact centers and digital platforms. Employees in the Global Service Centers also run and manage operations for commercial bank customers. This includes processing credit applications, facilitating payments and managing the import and export transactions that enable customers to protect and grow their businesses through international trade.
The Opportunity:
The primary focus of this role is to support the TRM Centre of Excellence delivery model to drive up the customer experience and advocacy, assist in managing the operational risk and realize lower operating costs.Principally, this requires participation and support in the structuring and monitoring of new facility/transaction facilities to ensure they are workable and that the proposed facility/transaction are in line with industry standards and internal/external banking practices, processes, and governance. This is to achieve the desired levels of quality, risk management, operational efficiency and alignment to Global Business demand.Active engagement with stakeholders across GTRF markets and shared services as required.
The role will likely span across 3 key streams, namely Survey, Buyer Credit and Commodity Trade Finance.
Survey
Key responsibilities will be providing operational support to the process receivables finance survey activity on new and existing Sellers using appropriate auditing techniques, independently, and objectively, identify and manage risk or risk mitigation, whether financial, operational, or relationship based.
Buyer Credit
Responsibilities will include supporting the underwriting and managing/monitoring buyer credit limit exposures, providing trusted advice to internal stakeholders in addition to providing guidance and direction on credit structures and risk positions to ensure that business assets are committed and controlled within acceptable risk/reward parameters.
In-Life Monitoring/Periodic controls
Active participation in the operational delivery of the risk management practices and techniques by helping to deliver best practice policies, processes, and systems efficiently whilst addressing related operational and credit risk Engage in the implementation and effective usage of the Collateral Management System and provide a best-in-class transaction management in relation to the Commodity Trade Finance portfolio
Portfolio Risk
Undertaking the Co-ordination, processing, and monitoring, of the cessation of a Receivable Finance (RF) facility
What you'll do:
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).
Assist in developing and creating Survey MI to allow monitoring of trend and risk oversight
Responsible for ensuring that all Survey administrative task SLAs are met, including timely production of the monthly Survey Schedule and accuracy of the information recorded.
lead the Co-ordination, processing, and monitoring, of the cessation of a Receivable Finance (RF) facility, including calculating redemption figures and updating systems
Support various aspects of receivable finance transaction flow including customer credit management, Trade Credit Insurance (TCI) management and customer limit requests.
Support in the underwriting of credit limit decisions and/or rationale for existing and prospective clients using both financial and non-financial information
Help to minimize bad debt through effective risk management including the review of various data sources and exception reports to identify risk indicators
Support and contribute to the identification and development of best practice systems and processes for TRM.
Support the monitoring of new facility/transaction facilities to ensure they are workable and that the proposed facility/transaction are in line with industry standards and internal/external banking practices.
Protect the bank's assets and reputation by monitoring buyers and clients for suspicious activity/transactions and taking appropriate action as per the operating policies
Production of Management Information (MI) and reporting as per Global Operating Procedures on a weekly/monthly/quarterly basis. Ensure integrity of risk procedures and practices. Ensure facilities (clients and customers) are audited and managed in accordance with Group policy
Requirements
What will you need to succeed in the role
Relevant experience of 3 years within Trade Finance, ideally within one or all of Core Trade, Receivables Finance and Commodity Trade Finance with a risk control lens with knowledge and experience of core trade, receivables finance and commodity trade financing products, risk evaluation, and the finance lifecycle.
Good understanding of customer groups and supporting business initiatives.
Good understanding of operational risk related to the underlying transactions.
A good team player who possesses good interpersonal and communication skills.
Strong organizing and time management skills.
Good ability to work independently and quickly, with good attention to detail and solutions oriented.
Good command of spoken and written English essential, with strong written and verbal communication skills, enabling productive dialogue with internal and external customers
Self-motivated with initiatives to take on new and additional responsibilities.
Strong ability to read and analyses a wide source of data, including financial and non-financial information
Good understanding of financial crime risk.
Completion of a degree or relevant professional qualification
Good understanding of applications including Excel, Word, and Outlook.
What additional skills will be good to have
Ability to foster relations with stakeholders outside of one's own team.
Good understanding of HSBC systems - including Browser Main Menu and GTRF Product Systems.
Good understanding of Business types and structures.
Good understanding of HSBC credit risk appetite
You'll achieve more at HSBC
HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, ****** orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, colour, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.'
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 HSBC Electronic Data Processing (India) Private LTD...
3.00-5.00 Years
💡 Quick Summary
Seeking a career-building opportunity? The Assistant Manager| Transaction Risk Management GSC|s position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
