Job Description

Job description

Business: Wholesale Credit Review (Offshore \xe2\x80\x93 Unit)

Open positions: 1

Role Title: Assistant Vice President \xe2\x80\x93 WCRU, GSC\xe2\x80\x99s

Global Career Band: 5

Location: Hyderabad

Recruiter Name: Geetika Gupta

Why join us?

• Wholesale Credit Review (WCRU) was set up as a 2nd line of defence function, to provide an independent assessment of the various risks arising out of the Bank\xe2\x80\x99s wholesale lending activities.
• WCRU undertakes review exercises to evaluate the various associated risks as well as the effectiveness of the risk management framework around them.
• These review exercises will provide an assurance to the management on whether portfolios are managed in a manner that is consistent with HSBC Group strategy, risk appetite, internal and local credit policies & procedures and related regulatory requirements.
• The WCRU team based in India, supports US, Europe, Canada, Asia Pacific, Middle East and North Africa.

Opportunity

• The role holder will participate/lead review exercises of \xe2\x80\x98Entities\xe2\x80\x99 within the respective regions (comprising Global Banking, CMB and Financial Institutions Group customers). The review will focus on borrower level as well as portfolio level findings, in order to identify policy breaches and emerging risks and make suitable recommendations for remedial action to protect the bank\xe2\x80\x99s lending position and minimize potential credit losses.
• In addition to this, the role holder will also assist the Team Head in recruiting, mentoring, managing workflows as well as liaising with business area. He/She will work closely with the Team Head to ensure that deliverable targets are met for the team in a timely manner with a focus on quality.

What you\xe2\x80\x99ll do:

• Analysis of various counterparties within Banking/CMB/FIG book to ensure that risks are thoroughly assessed by lending executives, make proper credit judgments with special emphasis on integrity of Customer Risk Rating (CRR), maintenance of satisfactory credit standards and controls, exercise of correct delegated lending authorities and adherence to all other credit standards prescribed in policy.
• Manage workflows independently during various Full Scope Review/Continuous sampling cycles; act as the liaison between the Senior Reviewers in onshore and the offshore team.
• Assist the Team Head for any adhoc work as may be required and take over other administrative responsibilities in his absence.
• Ensure timely and good quality delivery of the various workflows that are allotted to the offshore team.
• Assist in Quarterly Monitoring of portfolio/entities within the region.
• Ensure adherence to operating procedures in line with Global Credit Risk Review as well as Region specific policies.
• Identify streamlining opportunities in the Credit Review process.
• Development of MI for monitoring & reporting of the quality / quantity of outputs.

Requirements

What you will need to succeed in the role:

• Deliver timely, well-reasoned, informed and clear credit review reports on behalf of self. All reports must be delivered with professionalism and empathy, earning the respect of the business and adding value where appropriate.
• Maintain effective working relationships with Credit Risk Review team (BA) offshore as well as Relationship Managers and Lending Executives across the reviewable entities by delivering value added service and establish rapport and credibility.
• Implement operating procedures in line with policy and procedures as determined by Global Credit Risk Review and ensure strict adherence to HSBC Group compliance and operational risk controls and regulatory standards, policies and practices; report control weaknesses, compliance breaches and operational loss events.
• Ensure quality of work, for both self and the team, adherence to workflow TATs and submission of MIS
• Assume responsibility for recruitment, training and mentoring of newer members of the team on a continued basis.
• Drive a high performance culture within the team by displaying high quality and engagement levels and ensure business continuity and stability
• Participate in the local management and GSC site activities.

Minimum Qualifications and Skills

• Individuals with 7+ years of relevant experience in various facets of Commercial credit risk, lending and credit analysis, Loan Review, Loan workout etc.
• Academics \xe2\x80\x93 Bachelors Graduate degree. Candidates with MBA-Finance or equivalent/ CA/ ICWA/ CS/ CAIIB preferred.
• Strong analytical (credit / financial) and problem solving skills with ability to quickly process data & facts to arrive at meaningful conclusions. Ability to exercise discretion, work independently within broad guidelines, tactfully handle sensitive and confidential data, deliver high quality results within tight timeframes, manage multiple projects simultaneously and motivate and develop a professional staff.
• Proven team leadership, people and resource management abilities.
• In-depth understanding of various credit products viz. \xe2\x80\x93 term loans, working capital, trade facilities, bank guarantees, interest rate swaps, etc. and associated credits risks.
• Sound knowledge of accounting principles and practices.
• Proficient in Excel/Advanced Excel, proficient in software packages, preferred.
• Excellent verbal & written English communication skills.
• In-depth understanding of the business, risks and related controls within areas of responsibility.
• The candidate must show attention to detail, be committed to producing work of the highest quality, resilient under pressure to meet aggressive deadlines, a team player and dynamic individual.

What additional skills will be good to have?

• The complexity of analysis and decision making requirement for the job holder is high in view of the diversified nature of the Europe portfolio. Broad industry / market knowledge, strong analytical thinking and sound credit judgment / evaluation skills are necessary for a thorough assessment of potential problem accounts. A high level of problem solving skills and commercial orientation are required to provide guidance while devising strategies for these troubled relationships.
• The job holder is expected to exercise discretion in carrying out duties and be accountable for his/her judgment.
• The job holder must be ready to work independently in a somewhat unstructured environment.
• The job holder should be a strong team player and have the ability to motivate and train the team to optimize output.

You\xe2\x80\x99ll 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, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.\xe2\x80\x9d

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