Wholesale Credit Risk Controls Manager

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Join to apply for the Wholesale Credit Risk Controls Manager role at HSBC Innovation Banking. HSBC Innovation Banking is the power behind the UK’s forward‑thinkers, future‑makers, and leap‑takers, helping them ignite bold ideas that reshape our world. We offer flexible banking solutions for start‑ups, scale‑ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors. We accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike. The Role Reporting to the Senior Business Risk & Control Manager, the Business Risk Manager, Wholesale Credit Risk, you will partner with the business to actively identify and manage Wholesale Credit Operational Risk. You will collaborate with senior business leads and controls colleagues in the UK and across HSBC to support excellence in risk management within the first line of defence. Value You Will Add Review client relationships that meet HSBC Innovation Banking high risk business categories and geographies; support all aspects of the Non‑Financial Risk Management Framework for front‑line teams, with a specific focus on WCR; provide challenge and support to senior stakeholders within front‑line teams (including Heads of Business Lines) over the effectiveness of their controls; deliver all aspects of the Non‑Financial Risk Framework and other risk management frameworks, guides and tools; support embedding of the Wholesale Credit Risk (WCR) Risk Taxonomy and Control Library (RTCL) and BAU activity across HSBC Innovation Banking; act as a subject matter expert on WCR and related control and process topics; lead work with the 1LoD teams to deliver Risk and Control Assessments (RCAs); develop and present summary submissions on wholesale credit risk and controls to HSBC Innovation Banking formal committees; act as a trusted advisor for the 1LoD for their aligned teams on how to manage their non‑financial risk and all items related; undertake control environment reviews to identify thematic issues and support the development of associated remediation plans; coordinate the Read‑Across process across HSBC Innovation Banking; be responsible for the development and analysis of management information providing insights to identify emerging issues that may impact the risk landscape and escalating them as appropriate; work with colleagues to execute controls monitoring over WCR controls; develop and execute control monitoring plans to ensure effective management of the L3 risk type; execute detailed control activity (e.g., review of applied credit limits) to ensure effective management of WCR; assess control adequacy & effectiveness; drive remediation actions for control deficiencies through risk events and risk issues; track progress, re‑perform tests with colleague support and escalating as appropriate; monitor adherence to risk policies, standards and procedures; drive appropriate and measured response to Internal Audits and Compliance Monitoring reviews; provide value‑add, proactive guidance, support and advice in relation to risk management and control; provide risk management training as appropriate. You Will Need
Solid experience of Wholesale Credit Risk Knowledge of Corporate Banking products and operations (bonus) Good understanding of EUC management frameworks Significant experience in risk management and reporting with the ability to operate across a broad array of stakeholders Prior relevant experience in a global financial organisation Ability to work with operational, functional and change teams to implement risk management solutions in a dynamic environment An understanding of change frameworks and how risk management can be integrated effectively into change
Where you’ll be based Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office, with a current requirement to be in the office 2 days per week. Please use the HSBC careers portal and apply to this role. Seniority level Mid‑Senior level Employment type Full‑time Job function Finance #J-18808-Ljbffr
Location:
England, United Kingdom
Job Type:
FullTime