Job Description
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 (COVID-1+), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. 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 Open More Doors Than Others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
If you’re looking to unlock new job opportunities, take a look at the possibilities right on your doorstep here at HSBC.
Role Purpose
To contribute towards building sound asset quality and a resilient credit culture at INM CMB by ensuring that the credit approval process is responsive to customer needs, and within HSBC’s prudent framework. The job also encompasses credit assessment for domestic & cross border project finance, capital market transactions, TRY driven business and new product plans CMB businesses, implementation of new projects undertaken by INM RISK. The job holder is also responsible for monitoring of early warning signals in the form of exceptions in account conduct, financials as well as other external data and taking/recommending appropriate steps.
Principal Accountabilities
Impact on the Business
• Promote strong asset quality
• Contribute to the growth of business and work to high levels of customer service standards
• Improve the quality of credit evaluation, and inject objectivity and consistency into the financial analysis.
• Protect the Bank from potential loss on the credit portfolio.
• Safeguard the Bank from regulatory strictures / penalties and potential loss.
Customers / Stakeholders
• Ensuring customer groups (primarily GBM and CMB) understand, accept & implement policies and thresholds & incorporate risk issues as integral to all activities
• Updating executive management of risk performance through RMC / related governance. Provide relevant MI reports/ad hoc reports to APH / Group Risk.
• Manage relationship with regulators, auditors, rating agencies, industry bodies, where necessary.
Leadership & Teamwork
• Work effectively with the Country Risk Team and in country business/functional teams.
• Ensure strong communication with counterparts in the region (both at APH and with other large HBAP sites)
Operational Effectiveness & Control
• Contribute to effective implementation of operational risk management with WMR, through formal governance and embedding the 3 Lines of Defence.
• Proactively review and challenge the 1LOD to assess the adequacy of risk management activities and fulfil Risk Steward responsibilities, as applicable from a WMR perspective
• Maintain HSBC internal control standards, implement and observe Group Compliance Policy and maintain awareness of operational risk and minimize the likelihood of it occurring.
Major Challenges
The CMB business segments in INM is very large and profitable and given the book size and number of counterparties, moving quickly forward in the development of its lending book, including structured capital market instruments and complex project / acquisition finance opportunities. Externally, increased competition from other banks will test INM’ s capabilities to meet an increasing array of corporate requirements. The key challenges for the job holder will be:
• To manage counterparty credit approvals within aggressive timelines including obtaining approvals from APH / Group Risk where required.
• To understand the various product risks within wholesale banking and improve upon the reporting/monitoring of such risks by adoption of procedures that will reflect the exposure of the Bank to such risks.
• To function in a well integrated manner with the CMB relationship management teams so as to be able to anticipate their future requirements and address workflow / knowledge development issues proactively
To support the business growth for CMB business segment, which is one of the largest contributors to INM’s PBT and a critical business for achieving its growth objectives, by establishing a well-controlled risk environment which also is flexible enough to support rapid approval decision process and new product / initiatives development.
Role Context
HSBC Group’s organizational structure for risk management segregates risk assessment and the approval process from the line management, with a view to delegating higher levels of approval authorities to Risk units so that these units are more responsive to customer needs. INM Risk is required to provide an objective analysis of the individual credit and ensure that the lending is in consonance with the overall Group Strategy and Lending Guidelines. The Risk unit must ensure that its summary proposals reflect accurately and succinctly the underlying risk / reward issues and APH / Group Risk receive all necessary inputs for the approval process.
The jobholder is required to undertake counterparty credit approval and provide oversight on wholesale credit risk. The environment is characterized by change and development. Accordingly, the jobholder is expected to exercise a substantial degree of initiative and lateral thinking in order to develop solutions to problems that may have not been addressed or envisaged by existing regulations. The jobholder is expected to function independently while referring matters of policy or significant importance to his superiors, making appropriate recommendations and implementing practical solutions rather than simply identifying problems.
The scope of the job is wide, encompassing risk assessment across the broad spectrum of customers across business lines (GB and CMB) and products (all wholesale credit products) The job-holder must have knowledge of the developments in the various financial markets, the rules and regulations relating not only to his area of operation but to other allied functions, and experience in dealing in a complex, dynamic environment. The job-holder is required to ensure that the associated risks with new products being launched are accurately assessed, captured, and managed on an ongoing basis.
Management of Risk
• Maintain awareness of risk and minimize the likelihood of it occurring through its identification, assessment, mitigation and control.
• Adheres to processes and controls to identify and mitigate risks and ensures timely escalation of control issues and reputation risks.
Observation of Internal Controls
• Maintains HSBC internal control standards and addresses audit points and/or any issues raised by regulators in a timely manner.
Requirements
Post-Graduation with 5 to 10 years’ experience.
Others (e.g. Professional Qualifications)
• Extensive knowledge of all aspects of commercial banking with a strong background in Corporate Banking and Trade Finance and an overall experience of 4-5 years in related areas (specifically 1-2 years in credit analysis).
• Knowledge of Investment Banking & Project Finance transactions and Treasury products in addition to working knowledge of CBA products, acquired either through experience and/or formal training.
• Knowledge of local laws and regulations, experience in dealing in a complex legal environment, and ability to track the economic, political and social trends and analyse the impact on the bank's asset base.
• High levels maturity, resilience, sharp negotiation and communication skills.
• Knowledge of Group Credit systems, policies and procedures, using systems such as HUB, CARM.
Useful Link
Link to Careers Site: Click HERE
You’ll achieve more when you join 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 Hongkong and Shanghai Banking Corporation Limited, India
The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (COVID-1+), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. 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 Open More Doors Than Others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
If you’re looking to unlock new job opportunities, take a look at the possibilities right on your doorstep here at HSBC.
Role Purpose
To contribute towards building sound asset quality and a resilient credit culture at INM CMB by ensuring that the credit approval process is responsive to customer needs, and within HSBC’s prudent framework. The job also encompasses credit assessment for domestic & cross border project finance, capital market transactions, TRY driven business and new product plans CMB businesses, implementation of new projects undertaken by INM RISK. The job holder is also responsible for monitoring of early warning signals in the form of exceptions in account conduct, financials as well as other external data and taking/recommending appropriate steps.
Principal Accountabilities
Impact on the Business
• Promote strong asset quality
• Contribute to the growth of business and work to high levels of customer service standards
• Improve the quality of credit evaluation, and inject objectivity and consistency into the financial analysis.
• Protect the Bank from potential loss on the credit portfolio.
• Safeguard the Bank from regulatory strictures / penalties and potential loss.
Customers / Stakeholders
• Ensuring customer groups (primarily GBM and CMB) understand, accept & implement policies and thresholds & incorporate risk issues as integral to all activities
• Updating executive management of risk performance through RMC / related governance. Provide relevant MI reports/ad hoc reports to APH / Group Risk.
• Manage relationship with regulators, auditors, rating agencies, industry bodies, where necessary.
Leadership & Teamwork
• Work effectively with the Country Risk Team and in country business/functional teams.
• Ensure strong communication with counterparts in the region (both at APH and with other large HBAP sites)
Operational Effectiveness & Control
• Contribute to effective implementation of operational risk management with WMR, through formal governance and embedding the 3 Lines of Defence.
• Proactively review and challenge the 1LOD to assess the adequacy of risk management activities and fulfil Risk Steward responsibilities, as applicable from a WMR perspective
• Maintain HSBC internal control standards, implement and observe Group Compliance Policy and maintain awareness of operational risk and minimize the likelihood of it occurring.
Major Challenges
The CMB business segments in INM is very large and profitable and given the book size and number of counterparties, moving quickly forward in the development of its lending book, including structured capital market instruments and complex project / acquisition finance opportunities. Externally, increased competition from other banks will test INM’ s capabilities to meet an increasing array of corporate requirements. The key challenges for the job holder will be:
• To manage counterparty credit approvals within aggressive timelines including obtaining approvals from APH / Group Risk where required.
• To understand the various product risks within wholesale banking and improve upon the reporting/monitoring of such risks by adoption of procedures that will reflect the exposure of the Bank to such risks.
• To function in a well integrated manner with the CMB relationship management teams so as to be able to anticipate their future requirements and address workflow / knowledge development issues proactively
To support the business growth for CMB business segment, which is one of the largest contributors to INM’s PBT and a critical business for achieving its growth objectives, by establishing a well-controlled risk environment which also is flexible enough to support rapid approval decision process and new product / initiatives development.
Role Context
HSBC Group’s organizational structure for risk management segregates risk assessment and the approval process from the line management, with a view to delegating higher levels of approval authorities to Risk units so that these units are more responsive to customer needs. INM Risk is required to provide an objective analysis of the individual credit and ensure that the lending is in consonance with the overall Group Strategy and Lending Guidelines. The Risk unit must ensure that its summary proposals reflect accurately and succinctly the underlying risk / reward issues and APH / Group Risk receive all necessary inputs for the approval process.
The jobholder is required to undertake counterparty credit approval and provide oversight on wholesale credit risk. The environment is characterized by change and development. Accordingly, the jobholder is expected to exercise a substantial degree of initiative and lateral thinking in order to develop solutions to problems that may have not been addressed or envisaged by existing regulations. The jobholder is expected to function independently while referring matters of policy or significant importance to his superiors, making appropriate recommendations and implementing practical solutions rather than simply identifying problems.
The scope of the job is wide, encompassing risk assessment across the broad spectrum of customers across business lines (GB and CMB) and products (all wholesale credit products) The job-holder must have knowledge of the developments in the various financial markets, the rules and regulations relating not only to his area of operation but to other allied functions, and experience in dealing in a complex, dynamic environment. The job-holder is required to ensure that the associated risks with new products being launched are accurately assessed, captured, and managed on an ongoing basis.
Management of Risk
• Maintain awareness of risk and minimize the likelihood of it occurring through its identification, assessment, mitigation and control.
• Adheres to processes and controls to identify and mitigate risks and ensures timely escalation of control issues and reputation risks.
Observation of Internal Controls
• Maintains HSBC internal control standards and addresses audit points and/or any issues raised by regulators in a timely manner.
Requirements
Post-Graduation with 5 to 10 years’ experience.
Others (e.g. Professional Qualifications)
• Extensive knowledge of all aspects of commercial banking with a strong background in Corporate Banking and Trade Finance and an overall experience of 4-5 years in related areas (specifically 1-2 years in credit analysis).
• Knowledge of Investment Banking & Project Finance transactions and Treasury products in addition to working knowledge of CBA products, acquired either through experience and/or formal training.
• Knowledge of local laws and regulations, experience in dealing in a complex legal environment, and ability to track the economic, political and social trends and analyse the impact on the bank's asset base.
• High levels maturity, resilience, sharp negotiation and communication skills.
• Knowledge of Group Credit systems, policies and procedures, using systems such as HUB, CARM.
Useful Link
Link to Careers Site: Click HERE
You’ll achieve more when you join 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 Hongkong and Shanghai Banking Corporation Limited, India
💡 Quick Summary
Seeking a career-building opportunity? The VP| Credit and Risk position is now open for candidates interested in the Bank Jobs sector. This role in Gurugram 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.
