SVP, Global Trade Solutions Transaction Risk Management

Job description

Job description

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

Today, we are the largest international trade bank, with an unrivalled global presence and access to over 90 per cent of the world's global capital flows. GTS provides trade finance and risk mitigation solutions to customers all over the world, from SMEs through to large corporates and multinationals.  GTS provides the services and financing our clients need throughout the trade cycle, from the tender process and issuance of a payment order, through to shipment and sales fulfilment. We cover various industries including commodities, global sourcing, technology and infrastructure. HSBC offers over 100 trade and receivables products. 

As our SVP, Global Trade Solutions Transaction Risk Management you will:

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Assisting key stakeholders in achieving CIB strategy and objectives

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Apply knowledge and experience in providing practical, workable proposals / recommendations to credit and operational situations, optimising the use of GTS products to provide a customer centric solution which appropriately manages the bank’s credit risk on New New Monies, New Monies and Renewal applications

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Provide support and guidance to Key Stakeholders on facility structure, policy and procedure

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Assist in the oversight of the GTS portfolio, assessing appropriate use of products and structures, adherence to credit / global policies & procedures and seeking to achieve positive outcomes in distressed lending situations

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Ensuring the maintenance of a stable lending portfolio within policy objectives through the monitoring of high risk or poor performing assets

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Manage and support proposals that control operational risk and assess reasons for operational failures that have given rise to potential operational losses, making appropriate recommendations for change in policy and procedure

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Reviewing and advising on policy, product and operational changes to maintain the integrity of the GTS proposition / book, including revisions in FIM/BIM and local operating procedures

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Review and approve requests for exceptions (as appropriate) to product guidelines, with accountability for agreements / recommendations within authorisation limits
Contribute to the identification of areas for improvement in the monitoring and management of relationships who use GTS facilities and implementation of amended procedures

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Continually reassess the operational risks associated with the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, business reorganisations and the impact of new technology

For this role, HSBC targets a pay range between $134,500.00 and $201,800.00

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

You´ll likely have the following qualifications to succeed in this role:

·  Understanding of Trade and/or RF Products
·  Understanding of Financial Analaysis and the Working Capital Cycle
·  DipFS, CITA, UK Finance Qualifications, appropriate Banking Qualifications
·  Knowledge of HSBC Group and its product ranges
·  Knowledge of compliance (FCC / Regulatory Compliance) requirements
·  Proven oral and written communication and influencing skills
·  Good business acumen / commercial awareness
·  Complex analytical reasoning
·  Ability to Present information on a one to one basis and to a group
·  Ability to interact with colleagues at all levels

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.