Lead Risk Officer - Financial Institutions

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential - 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.

HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Lead Risk Officer Financial Institutions.

This role gives you exposure to the Markets Treasury Function and an understanding of the activities they undertake. Broad credit risk responsibilities supporting a number of business areas across multiple counterparty types ie. Financial Institutions, Sovereigns, Funds, CCP’s and Securitizations; and a range of product types offering plenty of variety and development opportunities. Working alongside the Senior Risk Officer with the opportunity to deputise in their absence. Direct access to Senior WCRM Leaders. Good networking across 1&2LoD within HSBC UK and the broader Group. Opportunity to shape the role to meet evolving day to day requirements/responsibilities.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role, you will:

• Evaluate, recommend and approve transactions and annual reviews within personal approval authority
• Ensure prudent and well-structured credit proposals and minimize credit losses
• Be the point of contact within HSBC UK WCRM for wholesale exposures to Financial Institutions, Funds, Sovereigns, CCP’s and Securitizations.
• Provide qualitative, meaningful input and formulate, recommend, implement and maintain credit policies, guidelines, standards and processes.
• Ensure all regulated requirements are enacted as ‘business as usual’.
• Responsible for implementing Risk credit risk policies, procedures and standards.
• Responsible for managing and mitigating operational risks in their day-to-day operations.
• Work closely with stakeholders across CIB and CMB including Markets Treasury, MSS, GTS, Structured Finance and Legal.
• Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

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

• Demonstrate wholesale credit skills, not only on a transaction basis but also credit process management.
• Conversant with lending practices, guidelines and risk appetite.
• General knowledge of legal, accounting, and regulatory requirements.
• Specific knowledge of the relevant business areas, counterparty risks and markets products.
• Knowledge and understanding of economic and financial landscape and external market forces.
• Well-rounded banking background particularly in Corporate & Investment Banking and/or Structured Financing, credit and operational processes is preferred.
• Strong communication skills – verbal and written.
• Strong relationship building, negotiation and influencing skills, especially with senior stakeholders.
• Proven ability to problem solve, lead, collaborate and deliver complex initiatives.
• Management and Leadership skills.

This role is based in London.