Cap, RRP and Finance Risk Manager

1 month ago


Hong Kong, Central and Western District, Hong Kong SAR China HSBC Full time
About the Role

We are seeking a highly skilled and experienced professional to join our team as a Cap, RRP and Finance Risk Manager at HSBC.

Key Responsibilities
  • Drive the efficiency, effectiveness, and insightfulness of 2LoD review & challenge, providing regional input to support the development of global forecasting and stress testing analytical and visualization tools.
  • Develop bespoke forecasting and stress testing analytical and visualization tools to enhance 2LoD review and challenge where there is a regional/local need.
  • Support test case design and User Acceptance Testing prior to tool go-live.
  • Liaise with other functions to identify where existing sensitivity and/or risk/sector/theme-specific stress tests are already being performed; collaborate with these functions to translate these financial impacts into capital sensitivity/projections.
  • Understand the end-to-end process, data infrastructure, and systems used by the 1LoD for financial forecasting.
  • Provide review and challenge support for financial forecasting and stress testing core processes that are within Treasury Risk Management's remit – including the appropriateness of Strategic Management Actions (SMAs) taken to recover from stress.
  • Across the spectrum of different stress tests (internal vs. regulatory, sector/them-specific, severe but plausible, Recovery Planning, Reverse Stress Test, Resolution Stress Test, etc.), coordinate and collate the review and challenge conclusions from other Risk Stewards in order to assess whether Top and/or Emerging Risks for other risks in HSBC's taxonomy have been appropriately reflected in the scenario(s) and to assess the reasonableness of the stressed capital projections for a given scenario.
  • Present review conclusions to Regional and Country Chief Risk Officers and Global and Regional Treasury Risk Stewards.
  • Utilize the conclusions from the suite of sensitivity analysis/stress tests to proactively manage HBAP's Capital Risk.
  • Ensure that HSBC is meeting the minimum regulatory requirements as it pertains to financial risk management and stress testing.
Requirements
  • The applicant must possess extensive Capital Risk knowledge and experience working in HSBC or a comparably large bank or financial institution.
  • Extensive experience with data manipulation software languages (SQL, VBA, etc.) and analytical software languages (Python, R, SAS, MATLAB, etc.) and data visualization tools (Qlik sense, Tableau, etc.) will be looked upon favorably.
  • Have experience developing and productionizing automated analytical and visualization tools.
  • Fundamental knowledge of the key drivers of Credit Risk, Market Risk, and Operational Risk RWAs under stress.
  • Fundamental knowledge of Recovery & Resolution Planning.
  • Firsthand experience working on enterprise-wide and/or regulatory-driven stress tests.
  • Candidates with experience in both centralized Treasury functions and finance units embedded within lines of business are desired.
  • Skilled in project management – in particular: stakeholder management, time management, multitasking, and prioritization.
  • Relevant 2LoD and/or internal/external audit experience with the ability to provide effective review and challenge in a professional and constructive manner.
  • Thorough understanding of HSBC's activities, products, processes, and systems (or those of a comparably large bank or financial institution).
  • Excellent business writing, communication, presentation, interpersonal, and influencing skills, including the capacity to articulate the case for risk management in the language of business – ability to articulate complex concepts in a simple, succinct, and impactful way to senior management.
  • Ability to work autonomously in a fast-paced, dynamic environment; must be a creative problem solver.
  • Strong interpersonal and negotiation skills, with experience in a complex global environment.
  • Tertiary degree in a relevant field, such as finance, economics, risk management, or a related quantitative discipline, is highly desirable.
  • Professional certifications (e.g., FRM, CFA, PRM) are advantageous.


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