Senior Credit Analyst, FIG, Credit Analysis Unit

Job description

Role Title: Senior Credit Analyst, FIG, Credit Analysis Unit
Business: Banking Middle Office
New or Existing Role? New
 
Role Purpose
·         The Banking Middle Office (BMO) Credit Analysis Unit (“CAU”) team works closely with Global Relationship Bankers/Relationship Managers (RMs) to help them prepare Credit Proposals for all GB&M borrowing names across the FIG and Corporate sectors. By closely managing the credit-related work load and encouraging deep collaboration between Credit Analysis Unit, RMs, Credit Risk, and Client Management, the Credit Analysis Unit maintains a flexible operating model ensuring credit work for new business transactions are consistently and effectively prioritized to exploit revenue generating activities, and credit annual renewals are serviced in timely manner and to a standard that meets or exceeds HSBC standards.   CAU also assist RMs with agreed credit-related tasks pertaining to their clients’ credit life-cycle.
The role of Senior Credit Analyst FIG provides FIG Sector RMs with an onshore sector-aligned Credit Risk Subject Matter Expert (“SME”) and point of escalation for onshore and offshore analysts alike for more complex Risk matters, analyses and processes.  Along with the designated RM team, the role holder will also assist with day to day risk management (renewals, new money) of a specified portfolio of existing clients and work with onshore and offshore CAU management as necessary to assist with new onboardings. The Senior Credit Analyst will support the UK Head CAU with sampling credit analysis work of Credit Analysts and provide feedback on their work and progress as necessary. The role has no direct reports.
 
Key Accountabilities
Impact on the Business
·         Provide the highest quality, forward looking and professional Credit analysis and Credit-associated tasks to GBM for your specific sector portfolio and new business transactions which either meets or exceeds HBSC standards and is at all times aligned with pertinent  HSBC FIMs / BIMs.
·         Promote positive engagement between offshore CAU and RM team.
·         Provide guidance to onshore and offshore Credit analysis alike as required or relevant especially in more complex risk matters (e.g. analyses, processes, products, markets etc.) resulting in more favorable analyses for your sector and quicker turn around times for credit applications.
Be a Credit Risk Subject Matter Expert (“SME”) for RMs in your sector for Credit policy and their clients’ credit lifecycle, thereby reducing touch-points for problem resolution in matters relating to credit risk, promotes a responsive, results-oriented team and reduces day to day administrative or operational burden for coverage teams.
 
Customers / Stakeholders
·         GB&M (RMs, Business Heads, COOs, Product teams, etc.); and
·         Credit Risk
·         UK Head CAU
 
Leadership & Teamwork
·         Provide clear and thoroughly considered guidance to the RMs and other teams – including onshore and offshore Credit Analysts
- connected to credit work as required or relevant, to ensure any revision to operating practices or processes is appropriately agreed by all stakeholders and communicated effectively to avoid the risk of any misinterpretation, ensuring a consistently high standard of finished product is achieved for the UK and stakeholder expectations are exceeded.
·         Support regulatory and business management initiatives where Credit Analysis Unit-specific expertise is required
·         Support recommendations for the evolution of Credit Analysis Unit within the UK – especially with regard to the CAU TOM (Target Operating Model) and wider BMO TOMs
 
Operational Effectiveness & Control
·         Provide clear and considered Credit risk guidance to the RM teams, Analysts, and other key stakeholders as required.
·         Provide the highest quality, forward looking and professional Credit Analysis and support for Credit-related tasks (as agreed) to RMs in the your sector in line with broader geographic strategies as agreed from time to time including (but not limited to): Close engagement and collaboration with in-country RMs to ensure client intelligence is shared with CAU with a view to more comprehensive and consistent credit submissions;
·         Thorough analysis of GBM client financials, operating information, industry and market data to produce well-considered proposals including risks and mitigants and analysis recommendation to support (i) new on-boardings, (ii) new money requests and (iii) annual credit reviews; and
·         Consistent application of standards as laid down in the DIM/PLA, ensuring required quality standards are constantly met (including adherence to credit renewal timelines and KPIs).Kredit Services to GBM in the Mn  
Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures (including FIMs, BIMs and DIMs) that apply to the conduct of the business in which you are involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy. 
Maintain HSBC Internal Control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.
Be aware of the Operational Risk scenario associated with your role and act in a manner that takes account of operational risk considerations.
Support incorporation of GB credit requirements across a diverse portfolio of regional and global business and IT projects/initiatives.
Thorough planning and effective management of credit requests and renewal pipeline.
 
Major Challenges
Ensuring strict adherence to:
·         Requirements of HSBC FIMs (including but not limited to GB&M and Risk), and relevant BIMs and DIMs;
·         Credit policy and procedures;
·         Credit Analysis Unit established Roles & Responsibilities and Desk Procedures;
Ensure compliance with Credit Analysis Unit annual review timelines.
Ensure compliance of GB&M annual review KPIs
Contribute to successful management of Credit Analysis Unit budgets and controls
Successful audits of businesses and geographies supported
Recommending streamlining to existing procedures to ensure a more efficient credit risk process (end to end).Look for innovation and new ideas to improve the process flow and add value to the business. Work with CAU Country Manager to generate new ideas and exploit new streamlining opportunities.
 
Role Context
·         The Sr. Credit Analyst, Credit Analysis Unit will have a range of functional responsibilities including provision of credit analysis, facility applications, and associated credit-related tasks in a specific country.
·         As a Risk SME, the role holder will also provide clear and thoroughly considered guidance to RMs as well as Onshore and Offshore Credit Analysts alike as required or relevant for more complex Risk matters or as a point of escalation. The role holder will also enable consistent communication of any operating practices or processes changes as appropriately to stakeholders to avoid the risk of any misinterpretation, ensuring a consistently high standard of finished product is achieved for the UK and stakeholder expectations are exceeded.
Contribute to periodic or ad hoc Management Information reports for Credit Analysis Unit as required.
Assist with credit related issues and queries.
Assist line manager in identifying process improvements in the area of responsibility to minimize costs and operational risks.
 
Management of Risk
Maintain awareness of operational risk and minimize the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification and reporting in accordance with section 4 of the Group Operations FIM.
 
Observation of Internal Controls
·         Maintain and observe HSBC internal control standards, implement and observe Group Compliance Policy, including the timely implementation of recommendations made by internal/external auditors and external regulators.
·         Assist GBMO management in fostering a compliance culture and implement Group Compliance Policy by managing compliance risk in liaison with the Head of Group Compliance, Regional Compliance Officer, Area Compliance Officer or Local Compliance Office.
 

Desired profile

 
Knowledge & Experience / Qualifications
Educated to the degree level
Significant banking experience required, with a minimum of 5 years within a credit risk discipline strongly preferred.
Proven ability to prioritize competing demands.
Excellent analysis, design and problem solving skills.
Strong commercial and financial management experience with a proven track record in a service company type model.
Highly developed negotiation and interpersonal skills.
Able to deal with and constructively resolve conflicting views and where necessary, escalate to senior management in a clear and succinct manner.
Be change oriented and able to cope with pressure and tight deadlines.
Able to understand and consolidate diverse and complex business information and identify / mitigate risk issues.
General knowledge of credit/treasury products, including general terms, conditions and inherent structural risks.
Fluent written and spoken English.
Highly proficient in the use of MS Office tools, e.g. Excel.
Understanding of HSBC Group credit policies, processes and systems (for internal candidates)
Possesses drive with a positive ‘can do’ attitude
A self-starter with ability to work independently with a strong sense of ownership.
Conversant with the nature of complex/structured finance transactions, including i) Project & Export Finance, ii) Structured Trade Finance, iii) Highly Leveraged Transactions and iv) Asset Backed Lending is desirable.
Ability to effectively engage and negotiate with senior stakeholders demonstrating considered foresight and highly developed interpersonal skills.
 
Within HSBC certain roles are designated as Enhanced Vetting Roles. For these roles, all internal and external applicants are required (subject to local laws), to pass satisfactorily a series of additional checks both as part of the application process and, if successfully recruited into the Enhanced Vetting role, on an on going basis. The Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are first carried out as part of this recruitment exercise, and/or if relevant, on an ongoing basis.
This role has been designated as a Enhanced Vetting Role.
For more information about the relevant additional checks for this role please contact the hiring manager
 
Under the Company's internal 'Back to Front'/’Front to Back’ transfer policy this role may be classed as High Risk. As a result, internal candidates may require enhanced approvals and vetting checks if they are currently employed in a Front Office department, or if they have worked in a Front Office department within the last 5 years (please refer to the HR FIM definition for further guidance). The enhanced approvals and vetting would need to be completed before the candidate will be confirmed in the role.
 
We are an equal opportunity employer and are committed to creating a diverse environment.