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Senior Manager, Corporate Credit Risk, HBME International

United Arab Emirates

Job description

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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.

Role Overview:
This role will be the main contact point for all credit requests for HBME International Markets pertaining to IMM. In addition to credit underwriting skills, the incumbent will need to proactively engage with Business, meet clients, input into account planning and provide forward-looking views – all of which in a systematic and focussed manner, which is not currently the case.
Accountable for Wholesale Credit Risk (WCR) covering HBME International Markets Corporates including Credit Underwriting by taking credit decisions that are aligned with internal and external Guidelines.
Responsible for HBME International markets Portfolio wholesale asset quality including identifying and managing vulnerable accounts and challenging IFRS 9 assumptions to ensure adequate provisions for default accounts.
This role will also be the primary contact in WCR for credit related regulatory matters across MENAT including UAE.

Duties & Responsibilities:

Impact on the Business

Credit Underwriting – personally exercise delegated lending authority and take credit decisions that ensure well balanced Risk/Reward and are aligned to our Risk Appetite.
Act as Lead and key contact point for HBME Intl Markets credit requests particularly IMM.
Portfolio risk management – Manage overall asset quality of assigned portfolio by identifying trends and initiating risk mitigation measures, tracking High Risk Problem Exposures, challenging Worry/Watch/Monitor accounts, managing Non-Performing Accounts (NPAs) and ensuring timely impairments.
Horizon scanning – analyse key sectors and track market development to remain informed of emerging trends and how they may impact our portfolio.
Actively coordinate with HBME Intl Country CROs to identify in a timely manner key in country regulation changes and align regional underwriting policies and processes, liaising with WCR Policy where required.
Audit & read across – work collaboratively across all 3 Lines of Defence, ensure audit issues for HBME International Markets are addressed promptly and with appropriate read-across from other audits.

Customers / Stakeholders

Meet key HBME clients and actively participate in key clients’ Account Planning with GRB.
Provide effective challenges and early-stage guidance to FLOD in complex transactions in a timely, open-minded and decisive manner.
Support Intl Country CROs in managing local regulatory expectations on wholesale credit.
Establish and maintain strong rapport with senior stakeholders in international markets including providing regular updates on asset book and emerging trends and presenting balanced views at Governance meetings such as RMM, RPOC, etc.

Leadership & Teamwork

Provide guidance and act as ‘buddy’ to Centre of Excellence CoE desk officer designated to the incumbent’s portfolio.
Work effectively and collaboratively with Business, regional Risk teams and other cross functional regional teams.
Provide regular training to in-country HBME International markets Business team on new policy, lessons learnt, etc given the absence of in-country WCR teams.

Operational Effectiveness & Control

Sceptically review credit processes and ensure these are simple and streamlined.
Provide guidance and input for all wholesale credit risk matters across policy, oversight, risk stewardship, models, initiatives, etc.
Keep the customer at the heart of all decisions, deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets.

Requirements

Experience & Qualifications:

Graduate preferably with additional qualifications such as MBA / ACA / CFA / ACIB.
Minimum 5 years corporate lending experience, as a Credit Officer and/or Corporate Banking Relationship Manager, preferably across multiple geographies.
Technical skills: proven financial analysis skills, interpreting balance sheet and P&L, stress-testing cashflows, etc.
Ability to understand, consolidate and apply critical thinking to complex business information in order to identify and mitigate risks.
Ability to cultivate strong relationships with Business, at all levels, as well as various Partners including Legal, Products, Group.
Ability to handle and present challenging proposals to senior management in a clear and succinct manner.
Experience in presenting to formal governance such as RMM or other regulatory bodies would be an advantage.
Aside from technical skills and experience, the jobholder will be self-driven & curious, commercial, comfortable in handling difficult conversations but also in taking pragmatic decisions.
Graduation degree is REQUIRED– to secure a UAE Visa and Work Permit

For further details and application information please visit our careers site, searching under reference number (ID: 0000LO20).

We support our staff to adopt flexible and alternative ways of working where possible, including working from home and different hours subject to approvals.

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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hong Kong and Shanghai Banking Corporation Limited.

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