Asp Approvals-gsc’s

-Job description

**Business**: Asp Approvals-GSC’s

**Open positions**:1

**Role Title**:Assistant Vice President - Wholesale Credit-GSC’s

**Global Career Band**:5

**Location**:Hyderabad/ Kolkata

**Recruiter Name**:Geetika Gupta

**Why join us?**

**Global Service Centers**

**Purpose of Department**
- Wholesale Credit Risk Management [WCRM] is responsible for the approvals, policies, portfolio management and reporting on the Group’s Wholesale Credit and Market Risk exposures.
- The Corporate Approvals team was set up to support WCRM by performing credit approvals / recommendation for relationships falling within the Corporate / Global Banking portfolio of various onshore regions of HSBC. The role entails reviewing credit submissions, challenging the Relationship Manager’s proposition where required and approving / recommending a lending position within delegated authority after suitably mitigating the Bank's risks.

**What you’ll do**:
**The role holders] will have the following broad responsibilities**:

- Analyze new / existing corporate counterparties in the CMB Segment and approve / recommend a lending position within appropriate delegated credit authority.
- Work independently on credit proposals to reach a solution in close and constructive collaboration with colleagues within WCRM Coe, Wholesale Credit Risk and Business Teams in HSBC.
- Participate in credit / risk meetings with Front Office / HSBC WCRM colleagues.
- Closely monitor risk events and be able to timely escalate to management.
- Prepare for audit, regulatory initiatives and internal projects pertaining to credit risk management
- Represent WCRM Coe in Shared Services** **and New Business initiatives where required
- Flexibility to travel, if required
Requirements

**What will you need to succeed in the role?**
- Academics - Graduate degree in commerce/economics/management/ engineering. Qualifications in Finance/CA/CFA/ICWA/CS/ CAIIB preferred.
- Relevant experience in Corporate / SME Credit in a reputed Bank/ Financial Institution.
- Strong understanding of financial statement analysis and credit lending products
- Strong analytical skills to quickly interpret data & facts to arrive at meaningful conclusions
- Excellent interpersonal, English communication and negotiation skills
- Customer centric mind-set
- Resilience to work under pressure to meet aggressive deadlines.
- Role holders need to be flexible in terms of approach/expectations as the process stabilizes.
- Routine work involves regular dialogue with colleagues in respective onshore regions in HSBC. While role holders can largely work normal India business hours, they must be prepared to stay longer to meet business requirements

**What additional skills will be good to have?**
- All applicants must have successfully completed their probation period.
- Employees must meet performance and behavioral standards as defined in the policy
- All L6& L5 applicants should have served at least 18 months and should have successfully completed respective learning curve tenure, in their current role as on closing date.
- Application form should be submitted along with the current CV
- The Company reserves the right to change any terms and conditions related to employment, mentioned in the Offer Letter and the Rules and Regulations governing the conduct of the employee in the Company. Such change would be intimated by the Company through an internal communication to the employees at large.
- Right to work is required. Local employment rulings and restrictions will