Senior Vice President Wholesale Credit Risk – Risk Stewardship HSBC China

Job Description

Job description


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, information security, operational, credit, pension, insurance, compliance, regulatory, market, reputation and geopolitical 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 an experienced professional to join our team.


In this role, you will:

•    Ensuring of all the responsibilities for Risk stewardship under the risk management framework are completed, fulfilling both local and HSBC group requirements
•    Overseeing the design, development and implementation end to end as risk stewardship from Wholesale Credit perspective
•    Ensuring the appropriate risk and control management is in place and that management (1LOD and 2LOD) are exercising their accountability for those risks and controls.  
•    During the design phase expectation for role is to lead extensive interactions with Risk, Business, Finance and IT (Where applicable) to ensure steward business requirements are clearly articulated, stakeholder feedback is considered and appropriately incorporate and all requirements, risks and issues are clearly communicated. 
•    During the Implementation phase to oversee the reporting to the risk steward, identifying any areas where further enhancements are requirement and ensuring a successful embedding in BAU.
•    Supporting Global Lead to roll out the risk stewardship for regulatory reporting under group risk management framework and ensure timely implementation within HBCN along with group timeline. 
•    Responsible for end to end process including Regulatory obligations management (covering Rapid2, REGMAP, RRIS) owning and evidencing completeness of stewardship responsibilities completeness against Risk management framework, through to supporting the assurance work, (inclusive of the control environment and ensuring its embeddedness from a risk stewardship perspective)
•    Communicate directly and clearly with senior stakeholders including CRO and Head of WCRM on status, requirements and ensure appropriate accountability measurement is in place
•    Provide specialist risk, reporting and control knowledge and insights, leading on deep dives into thematic reviews and project work as they arise across the risk and stewardship area on a range of topics that will help to shape the future and drive efficiencies 


To be successful in the role, you should meet the following requirements:

•    Previous experience in Risk Management within a global organisation, working across cultures is essential.
•    Previous experience in reporting (Financial or non-Financial) reporting to a regulator
•    Proven experience and expertise in stewardship, knowledge of regulatory rules and reporting, Basel 3 Reforms regulatory knowledge and executing and delivering complex solutions for the stakeholders
•    In depth knowledge of wholesale credit business with a good understanding of product, system and process
•    Understanding regulatory environment specifically related to data management and regulatory reporting
•    Experience of working or delivery lead for Credit risk or BASEL II/III Regulatory changes would be beneficial but not essential.
•    Ability to present complex issues confidently and concisely, using simple language and accommodating globally distributed senior stakeholders is essential. 
•    Excellent Microsoft office skills (Excel, PowerPoint, word, Visio) or other coding program (python etc)
•    Previous exposure to the Business Risk and Control Management/Chief Control Office would be beneficial but not essential.
•    Previous experience within a Regulatory reporting, Operational Risk/Resilience or Audit capacity would be advantageous.
•    Ideally you’ll have a good understanding of the business structure, products, values and people. 
•    Strong business analytical skills
•    Experience of working with onshore/offshore model
•    Reading and Writing in Chinese is mandatory. 


You’ll achieve more when you join HSBC.

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Issued by HSBC Bank (China) Company Limited