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Transformation Leader
1 month ago
HSBC Global Finance is a critical component of the bank's purpose and strategy, playing a vital role in managing costs and deploying capital effectively.
We are seeking an experienced professional to join our team as a Transformation Leader - Stress Testing and Strategy. This regional role will be part of the Strategic Planning and Stress Testing (SPST) team within the Asia Pacific Finance function.
The successful candidate will provide support to the ASP head of Scenario Analysis and collaborate with stress testing leads across the region and group to define the strategy, establish standards, and drive transformation to ensure high-quality stress testing outcomes that meet regulatory requirements and support commercial, capital, and strategic decision making.
The key responsibilities of this role include:
- Providing expertise on stress testing and planning processes and their role in the management of the bank and in regulatory relationships
- Ensuring a consistent standard in methodology and execution across all scenario analysis and stress testing deliverables, including regulatory stress tests, internal stress tests, climate scenario analysis, earnings volatility, what-if analysis, Valuation in Resolution (ViR), and reverse stress test
- Accountability for continuously enhancing the stress testing framework to align with industry best practices and meet internal and external expectations
- Managing stress testing-related regulatory inquiries, including BCBS and HKMA IC5 self-assessments, and defining and maintaining effective controls to measure and manage process risks within ASP scenario analysis team
This role requires strong understanding of stress testing and planning processes, good understanding of the bank's capital and liquidity management processes, and desirable experience in integrating processes in a Financial Planning and Analysis and Stress Testing context. The ideal candidate should have prior experience of working with offshore/satellite teams, proven ability to develop and use quantitative analysis to generate results, exceptional drive and commitment, and sound judgment, decision-making, and problem-solving abilities.
We offer a competitive salary of approximately $180,000 per annum, plus benefits package, which includes comprehensive health insurance, retirement savings plan, and generous paid time off.