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-19), 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.

Global Risk

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, financial crime and regulatory compliance, 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.

Job Purpose

The purpose of this role is to drive and support policy formulation of the INM Unsecured Personal Instalment Loan (PIL) portfolio. The role will include the following:

• Policy formulation and optimization for

• New to Bank, EBS and Staff Origination
• Cross Sell to the Asset and liability bases
• Support to the Asia Cards initiatives for PIL
• Oversight and management of policy coding on key systems such as SAS ID / APPS4 / Provenir
• Tracking of portfolio performance and policy changes for course correction
• Interactions with business stakeholders to capture policy asks
• Generation of Analytics / MIS to support policy changes and policy tracking

Impact on the Business/Function

• Review portfolio trends on delinquencies and losses for Loans
• Review cross sell waterfalls to optimize the risk/return trade off
• Complete analytical projects to optimise risk reward balance and ensure portfolio losses remain within appetite.
• Prepare thematic reviews for inclusion in submissions to various forums

Customers / Stakeholders

• Build and maintain excellent working relations within the risk function and country risk and business teams.
• Manage relationship with stakeholders in WPB Retail Assets, D&A, and RRA teams.
• Ensure new risk strategies are appropriate for customer.

Leadership & Teamwork

• Support achievement of the HSBC vision, values, goals and culture in personal behaviour, actions and decision making.
• Share best practices and encourage others to do the same in the best interests of HSBC and its customers.
• Take personal responsibility for understanding and agreeing performance expectations, completing the necessary mandatory training and developing the levels of capability and competence needed to be effective in the role.
• Contribute to team effectiveness and success by sharing knowledge and good practice, working collaboratively with others to create a productive, diverse and supportive working environment.

Operational Effectiveness & Control

• Maintain a robust and efficient control environment across specialist area to ensure good operational, financial and compliance with HSBC policy and procedures, together with early identification and effective resolution or escalation of issues that arise.
• Contribute to the implementation and monitoring of the application of policies, governance frameworks, procedures, practices and standards to ensure quality, effective risk management and regulatory compliance.

Management of Risk

• The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation.
• This will be achieved by consistently displaying the behaviours that form part of the HSBC Values and culture and adhering to HSBC risk policies and procedures, including notification and escalation of any concerns and taking required action in relation to points raised by audit and/or external regulators.
• The jobholder is responsible for managing and mitigating operational risks in their day to day operations. In executing these responsibilities, the Group has adopted risk management and internal control structure referred to as the 'Three Lines of Defence'. The jobholder should ensure they understand their position within the Three Lines of Defence, and act accordingly in line with operational risk policy, escalating in a timely manner where they are unsure of actions required.

This will be achieved by:

• Continuously reassessing risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
• Ensuring all actions take account of the likelihood of operational risk occurring, addressing areas of concern in conjunction with Risk and relevant line colleagues, and also by ensuring that actions resulting from points raised by internal or external audits, and external regulators, are correctly implemented in a timely fashion.

Observation of Internal Controls

• The jobholder will adhere to, and be able to demonstrate adherence to, internal controls and will implement the Group compliance policy by adhering to all relevant processes/procedures.
• The term 'compliance' embraces all relevant financial services laws, rules and codes with which the business has to comply. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.
• The following statement is only for roles with managerial or specific Compliance responsibilities: The jobholder will implement measures to contain compliance risk across the business area. This will be achieved by liaising with Compliance department about business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.

Major Challenges:

• Effective interpersonal skills required to coordinate with a large number of stakeholders in the day-to-day work of the job. Be able interacting with managers much senior than the jobholder

• Credit knowledge and experience required to effectively analyse the risk in lending portfolios.

• Knowledge on regulatory requirements is required.

• To have the resilience to work under pressure - prioritise effectively.

Requirements

• Post Graduate (preferably MBA or Post Grad in Statistics) with 4-5 years' experience in retail credit risk analytics.
• Strong analytical capabilities. Knowledge on SAS or other data mining tools is essential.
• Good understanding of consumer credit cycle and analytics.
• Ability to surface risks and suggest sound risk management controls
• Ability to analyze business problem, and risk mitigations.
• Sound communication skills.

Useful Link

Link to Careers Site: Click

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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.

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Issued by The Hongkong and Shanghai Banking Corporation Limited, India