VP - IWPB Business Finance

Job Description

Job description

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

Global Finance

Global Finance is integral to HSBC's purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward looking analysis accuracy efficiency and control to frame and influence business decisions.

We are currently seeking an experienced professional to join the Finance team.

Principal Responsibilities

- As a member of the IWPB Business Finance Team, support IWPB business in managing and optimizing long term and sustainable profitability by analyzing various aspect of business, analyze strategic options to suggest and implement competitive strategies
- Provide insightful analysis of business performance and drivers of profitability, costs, prepare forecasts and support the planning exercise
- Provide support on pricing, product profitability, segment profitability and product rationalization.
- Performance oversight over group entities - AMG/HIDL/Insurance and provide support to HIDL on business expansion and improve its overall profitability (ROTE)
- Responsible for tracking planned initiatives and provide insights and analysis to improve the financial performance
- Analyze the effectiveness of various order book investments and provide value added analysis
- Partner with DBS & COO Team to provide support on reducing Indirect cost base over Medium to long term period
- Assessing new product proposals, marketing proposals, pricing decisions, proposition changes across products to ensure that it meets the strategic business objectives while ensuring commercial sense. During this process, also provide constructive solutions/ modifications to the proposals.
- Primary contact for all matters related to ALCM and support the business through engagement with the Central ALCM team.
- Represent Finance on governance forums for IWPB Business as determined necessary from time to time. For this, be the one-point interface to the business across all finance disciplines such as FP&A, ALCM, Controls, Accounting, etc.
- Coordination and evaluation of annual/ rolling operating plans and mid-month Forecast for overall IWPB Business including all products/Proposition/Distribution lines and other non-product related items including preparation of summary analytics and presentations.
- Ensure close engagement with the GF Operations teams, Central Finance and ASP regional IWPB Business Finance teams in order to provide consistent and seamless support to the IWPB business

Requirements

- Post graduate qualifications of CA, MBA, CFA, etc. preferred but not mandatory with 5-6 years of experience
- A high level of professional competence which helps to determine solutions around financial accounting procedures, controls, risk management and quality assurance.
- Knowledge of systems is a definite advantage.
- Good Communication and interpersonal skills
- Ability to ask the right questions and challenge.

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.

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