Senior Vice President, Credit Risk Approver (Private Banking) Risk and Compliance
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Posted on:
Yesterday
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1 Vacancy
Job Summary
Some careers have more impact than others.
If youre looking for a role where you can continue to make an impression take the next step at HSBC where your contributions will always be valued.
Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types including security fraud information security contingency geopolitical operational credit pension insurance market and reputation risks. All parts of the Global Risk team use their skills insight and integrity to handle established threats and those they see emerging acting to protect and enable HSBC to deliver sustainable growth.
We are currently seeking a high calibre professional to join our team as aSenior Vice President Credit Risk Approver (Private Banking).
In this role you will need:
- Assess review and approve new and interim credit requests (including increase/reduce limit limit reallocation amendments to credit facilities) and credit renewals/credit reviews in accordance with Delegated Credit Approval Authority. Where the limits exceed his/her authority level make relevant recommendation to the relevant Credit Authority holder for approval
- Be the primary point of contact for the areas under responsibility for Private Banking related matters including but not limited to approvals pipeline discussions portfolio reviews management of problem exposures and credit policies / guidelines / systems
- Maintain the credit quality of the portfolio and promote prudent lending principles to ensure strong asset quality and minimize credit losses
- Proactively identify and highlight emerging risk issues and sub-standard credit exposures and ensure appropriate action is taken to protect the Banks interests
- Perform credit risk monitoring and control including daily risk management on shortfall/margin call and limit excesses to ensure portfolio is sound and secure. Credit losses if any will be managed at first instance and to be minimized
- Oversight of credit risk activities/work performed by Offshore Support Credit Approval Team and Product Risk Team
- Involve in credit related projects or represent the SG team in Private Banking / credit forums as delegated by Head of GPB Credit Risk from time to time
- Provide feedback and support to key initiatives on streamlining processes and undertake adhoc assignments from time to time
To be successful you will need:
- Degree holder in Banking Finance Business Administration Accountancy or related discipline
- Solid and diversified banking experience and a thorough understanding of the Private Banking (PB) industry lending practices guidelines and appetite as well as robust knowledge of Private Bank products offering
- PB structuring or credit approvals experience in Asia and/or in Emerging Markets
- Ability to deal with and present conflicting views to First Line of Defence in a clear and succinct manner
- Demonstrated team player attitude with ability and willingness to reach out and help beyond the strict boundaries of the core role
- Good time management skills. Strong ability to prioritise and meet tight deadlines
Issued by The Hongkong and Shanghai Banking Corporation Limited.
Senior Exec
Key Skills
About Company
HSBC Holdings plc is a British multinational investment bank and financial services holding company. It was the 7th largest bank in the world by 2018, and the largest in Europe, with total assets of US$2.558 trillion.
