Who is HSBC Innovation Bank?
HSBC Innovation Banking is the power behind the UK's forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors.
Whether it's comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike.
Come and join us!
#HSBCINNOVATIONBANKING
The team you'll work with:
The HSBC Innovation Bank UK, Credit Risk team is a Second Line of Defence (SLOD) team responsible for the credit risk management of the bank's portfolio including identifying, monitoring, and appropriately escalating credit risk issues within the bank. The Manager will work with the Credit Risk Management team in the understanding and implementation of key frameworks in addition to management of data and key stakeholder engagement within the Innovation Bank and Group.
What can you expected to be doing?
The remit of the HSBC Innovation Banking UK Credit Risk Management team is broad and far reaching within the bank. Below are some examples of the type of work you may be involved with.
You will be responsible for the development of internal credit risk reporting for Committee meetings, highlighting and discussing trends in the credit risk portfolio and close monitoring of key internal credit risk metrics.
Credit Portfolio Analysis - Oversee a Senior Associate in the production of this analysis of what is driving changes in the credit risk of the portfolio, and producing management information reflective of these trends for discussion at monthly Credit Risk Committee meetings.
Credit Risk Policy - Leading on policy and Credit Risk Rating (CRR) related updates.
Committee Engagement -Support the Senior Director in various Risk committees within HSBC Innovation Banking UK, including the Board Risk Committee, the Executive Risk Management Meeting and the Executive Credit Risk Committee amongst others.
Expected Credit Loss (ECL) and Capital - Review and challenge of the approach to IFRS9 and capital, plus the resulting Expected Credit Loss (ECL) and Risk Weighted Assets. This includes providing guidance on IFRS9 and assessing ECL calculations relative to both local IFRS9 governance and HSBC regional governance rules.
Risk Infrastructure - Work with other team members in the implementation of the HSBC Innovation Banking UK Risk Management Framework (RMF), acting as a point of contact for RMF credit related matters.
Credit Risk Appetite - Monitoring the credit portfolio to ensure key risk metrics remain within agreed thresholds and where breaches in risk appetite occur these are well understood and escalated in a timely manner.
Requirements
Prior experience of working within a credit risk environment is preferable but a good attitude and enthusiasm are key. Some of the competencies that would be encouraged include:
Ability to articulate and present issues and concepts with various levels of management.
Ability to structure and effectively manage projects with multiple work-streams. The team is growing and there is an expectation that the manager will lead the day to day running of the team and act as a direct support to the Senior Director.
Familiarity with general credit risk concepts including IFRS9 Expected Credit Loss, Basel Capital Requirement Regulations or credit risk rating methodologies would be helpful.
Familiarity with tools such as Excel and Powerpoint together with an ability to identify and effectively communicate key issues.
Where you'll be based:
Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office.
Equal Employment Opportunity:
We know that some people may be put off from applying for a role if they don't meet all elements of a job description. If you think you can make a difference to our business, then why not give us a try?
HSBC Innovation Banking is an equal opportunities employer. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, age, religion, sexual orientation, disability or neurodiversity.
If you'd like to apply for one of our roles and need adjustments made, please contact our Recruitment Helpdesk:
Email: hsbc.recruitment@hsbc.com
HSBC Innovation Banking is the power behind the UK's forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors.
Whether it's comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike.
Come and join us!
#HSBCINNOVATIONBANKING
The team you'll work with:
The HSBC Innovation Bank UK, Credit Risk team is a Second Line of Defence (SLOD) team responsible for the credit risk management of the bank's portfolio including identifying, monitoring, and appropriately escalating credit risk issues within the bank. The Manager will work with the Credit Risk Management team in the understanding and implementation of key frameworks in addition to management of data and key stakeholder engagement within the Innovation Bank and Group.
What can you expected to be doing?
The remit of the HSBC Innovation Banking UK Credit Risk Management team is broad and far reaching within the bank. Below are some examples of the type of work you may be involved with.
You will be responsible for the development of internal credit risk reporting for Committee meetings, highlighting and discussing trends in the credit risk portfolio and close monitoring of key internal credit risk metrics.
Credit Portfolio Analysis - Oversee a Senior Associate in the production of this analysis of what is driving changes in the credit risk of the portfolio, and producing management information reflective of these trends for discussion at monthly Credit Risk Committee meetings.
Credit Risk Policy - Leading on policy and Credit Risk Rating (CRR) related updates.
Committee Engagement -Support the Senior Director in various Risk committees within HSBC Innovation Banking UK, including the Board Risk Committee, the Executive Risk Management Meeting and the Executive Credit Risk Committee amongst others.
Expected Credit Loss (ECL) and Capital - Review and challenge of the approach to IFRS9 and capital, plus the resulting Expected Credit Loss (ECL) and Risk Weighted Assets. This includes providing guidance on IFRS9 and assessing ECL calculations relative to both local IFRS9 governance and HSBC regional governance rules.
Risk Infrastructure - Work with other team members in the implementation of the HSBC Innovation Banking UK Risk Management Framework (RMF), acting as a point of contact for RMF credit related matters.
Credit Risk Appetite - Monitoring the credit portfolio to ensure key risk metrics remain within agreed thresholds and where breaches in risk appetite occur these are well understood and escalated in a timely manner.
Requirements
Prior experience of working within a credit risk environment is preferable but a good attitude and enthusiasm are key. Some of the competencies that would be encouraged include:
Ability to articulate and present issues and concepts with various levels of management.
Ability to structure and effectively manage projects with multiple work-streams. The team is growing and there is an expectation that the manager will lead the day to day running of the team and act as a direct support to the Senior Director.
Familiarity with general credit risk concepts including IFRS9 Expected Credit Loss, Basel Capital Requirement Regulations or credit risk rating methodologies would be helpful.
Familiarity with tools such as Excel and Powerpoint together with an ability to identify and effectively communicate key issues.
Where you'll be based:
Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office.
Equal Employment Opportunity:
We know that some people may be put off from applying for a role if they don't meet all elements of a job description. If you think you can make a difference to our business, then why not give us a try?
HSBC Innovation Banking is an equal opportunities employer. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, age, religion, sexual orientation, disability or neurodiversity.
If you'd like to apply for one of our roles and need adjustments made, please contact our Recruitment Helpdesk:
Email: hsbc.recruitment@hsbc.com