Vice President, Wholesale Credit Approvals recruitment
HSBC Global Functions play a crucial role by coordinating a wide range of activities and controls the risk exposure of a large and dynamic group. Being key players in innovating and shaping the new processes that will maintain HSBC's market position, Global Functions provide our businesses with innovative solutions that merge business with the needs of our customers.
The Risk function has evolved from its traditional role in policing and credit monitoring to a proactive business partner in supporting business growth across Global Banking Markets (GBM), Commercial Banking (CMB) Retail Banking Wealth Management (RBWM). In addition, we are responsible for strengthening operational risk and internal controls so as to minimise operational losses across all business support units. Compliance and Security Fraud Risk have also joint the Risk family recently as we progress into an all-encompassing, holistic Risk function. We are an integral stakeholder to our business partners support units through providing sound risk management expertise.
The environment in which HSBC conducts business is becoming ever more complex. Regulators are tightening controls and governments the world over are implementing increasing amounts of legislation. We have a crucial role to play in ensuring that HSBC and its businesses manage risks and controls appropriately.
Principle Accountabilities
Reporting into the Head of Corporate Approvals for Wholesale Credit Risk, you will review and approve new, increase and renewal of Commercial Banking (CMB) or Global Banking (GB) credits according to delegated authority to ensure that the portfolio is of sound quality.
- Promote strong asset quality in the CMB / GB portfolio
- Perform regular and ad-hoc stress tests on the portfolio
- Ensure a prudent level of portfolio diversification and minimize credit risk
- Identify deterioration in CMB and GB credits through independent reviews
- Ensure compliance with area and group’s lending guidelines, audit and regulatory requirements
- Promote high level of customer service and support CMB / GB business growth
Skills/Attributes
- Degree holder in Banking, Finance, Business Administration, Accountancy or related discipline
- 8 to 10 years’ experience in corporate banking or lending
- Excellent communication and analytical skillsAbility to work efficiently and independently under pressure