Senior AVP

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HSBC is one of the largest banking and financial services organisations 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 Senior AVP- Busines Consulting 

Business: - Risk and Compliance

In this role, you will:

Impact on the Business / Function

Assist in the monitoring and management of the strategies, processes and rules within the application systems, including scoring models, processing paths, policy and refer rules, verification policies, fraud detection, third party validations and limit assignment matrices to ensure they are performing optimally and maximising profitability.Developing a robust reporting suite across key WPB Risk oversight meetings and making comments, as appropriate to highlight material change.Assist in the development and managemement of the WPB Risk MI framework and undertake adhoc analytics tageted at improving credit strategies and portfolio profitabilty. Being in tune to macro-economic swings in Market of assignment to proactively recommend concerns.Support WPB Stress Testing initiatives

Typical Targets and Measures

Meet overall LIC & Profitability targets by proactive risk management.Detailed understanding of  Application Scoring and automated decisioning  strategies.Optimal performance of all credit scoring models automated Credit Strategies.Proactively identify and implement policy and process improvements through day to day work to enhance revenue.Quality and feedback of the material produced for risk oversight meetings

Customers / Stakeholders

Build and maintain constructive working relationships with key internal and external stakeholders.  Maintaining strong communication between WPB RISK and other areas of WPB. Ensure all Service Level Agreements are met and work is delivered error free.Maintain a joined up approach. Support all new product Launches, campaigns and amendments, RRP's, projects, product programs and all legal changes as required, on a timely basis.Provide key technical input on risk issues in the ongoing development and maintenance of WPB products.Working with Regional and Global Analytics Team on key initiatives, model development and stress testing.

Typical Targets and Measures

Positive feedback from all relevant parties confirming (i) working together with other areas to meet common goals. (ii) Service provided has met expectations.Feedback from relevant parties. All SLA's achieved and work delivered on time and error free. Evidence of joined up approach and support for new initiatives.Work together with members of WPB RISK team to meet common goals

Leadership & Teamwork  

Continued development and knowledge building of risk management and detailed understanding of other key areas within WPB.  Attaining a detailed understanding of best practice for credit risk management and keep abreast of industry trends in Banking & Finance,Mortgages, Credit, Risk and Collections.Mentor and assist in the development of the technical and analytical capabilities of the Risk Analysts and ensure they maintain a steep learning curve with respect to SAS, portfolio management, analytics and general business knowledge.Development of leadership and training skills
 

Typical Targets and Measures
 

Improved knowledge of risk management systems and other processes through project and day to day work.  Identify new resources for learning.Regular interactions with other teams.  Regulate interaction with immediate team, sharing knowledge and advice on new initiatives, projects.  Assist in the training of Analysts within the team.  Regularly give honest and constructive feedback to team and manager.  Proactively work with Managers and other Senior Analysts to further develop CRM skills.

Major Challenges (The challenges inherent in the role that require a continual test of the role holder's abilities)

Managing the risk/reward trade off across all WPB portfolios to maximise the bank's profitabilityBeing proactive and sensitive to evolving Risk through changing economic and regulatory environment, maintaining up to date knowledge on both internal and external regulatory requirements, specifically on those that maybe considered emerging risks to the market.Proactively aligning credit policy with emerging risks in the housing market

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

Bachelor's or Master's degree in Engineering / Statistics / Computer Application / Economics / Finance or equivalent streams8 or more years of relevant analytics experience; particularly around Credit Risk Management including Portfolio Analytics. Prior experience of working in the in-country Risk or Policy teams is preferred.Understanding of Retail banking products & major Banking Regulations and its implications on the bankAbility to simplify complex unstructured problems and recommend actionable solutionsGood theoretical and practical knowledge of tools [SAS, MS Office, VBA etc.] & statistics Strong verbal and written communication skillsStrong analytical and problem solving skills, solution oriented, flexible, pragmaticHighly focused on project delivery, attention to detailsProject Management SkillsAbility to work in cross-functional and multi-cultural teams. Strong collaborative, influencing and team building skills Willing to work with colleagues in other areas/time zones, where appropriateInternal candidates must meet performance and behavioral standards as per the policy.Applicant should not be on a corrective action plan/ disciplinary action in the last 6 months or any other performance action as on the date of application.

You'll achieve more when you join HSBC.

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