Enterprise-wide Frameworks Manager - Global Functions

Job description

Job description

Some careers open more doors than others.

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions.

We are currently seeking a high calibre professional to join our team as an Enterprise-wide Frameworks Manager.

Principal Responsibilities

·  Designing and implementing frameworks across Global Insurance Finance, including reinsurance, hedging, stress testing, environmental scenario analysis and reporting, Annual Actuarial Basis Reviews, MI capabilities, etc
·  Conducting extensive research into the latest regulations and practices for core finance processes, including sustainability, balance sheet management, and scenario analysis
·  Ensuring frameworks appropriately guide and govern how core Global Insurance Finance activities are conducted, including principles and standards on (i) data, (ii) processes, (iii) controls, (iv) R&C and Governance, (v) analysis and MI requirements, (vi) roles, responsibilities, and engagement, and (vii) purpose and usage
·  Engaging key stakeholders across all lines of defence to ensure frameworks consider and reflect the requirements and expectations of relevant processes and regulations
·  Engaging core process owners to support them with implementing and embedding frameworks within BAU practice
·  Acting as a 1LoD review and challenge of framework implementation and relevant output to ensure consistency and quality across the function
·  Monitoring and, where required, updating frameworks on an ongoing basis for the latest developments
·  1LoD review of GI Finance Governance materials across committees to improve quality of materials and effectiveness / efficiency of meetings
·  Providing thorough technical 1LoD R&C across GI Finance outputs and materials (e.g. forecasts, actuals, scenario analysis)
·  Producing Global-level Insurance Governance materials (e.g., GAC, GRC)
·  Conducting ad-hoc, independent investigations into emerging / hot topics
·  Engaging in frequent interaction with wider teams across Insurance (Business, Risk, Strategy, Capital, etc.) and the Bank
·  Providing regular feedback, coaching and guidance and to act as the point of escalation to manage risks and issues
·  Nurturing strong internal and external networks to stay abreast of sector developments, trends and leading practices to continuously enhance GI Finance Governance and frameworks, and operations of the team

Requirements

·  Bachelor’s degree in traditional subject
·  Experience working in finance within a large organisation
·  Experience working with globally dispersed teams and stakeholders would be an advantage
·  Understanding of Insurance, products, IFRS17, and key frameworks (e.g., Risk-Based Capital) is highly valued
·  Experience / knowledge / background in sustainability is advantageous

You’ll achieve more when you join HSBC. 
http://www.hsbc.com/careers

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.