Vice President Credit Review

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.

Credit Risk Review Examiners plan and conduct reviews of wholesale credit portfolios.  Examiners examine in detail a representative sample of portfolio clients. For each reviewed client, examiners read relevant internal credit approval memoranda as well as the client’s public financial disclosures, press releases, external rating agency opinions, among other materials.  Based on the information reviewed, examiners develop independent assessments of the appropriate risk rating for the reviewed clients and record their analyses and conclusions in a work paper database.  The examiners’ written analyses must be concise but thorough and may be subject to review by external bank examiners. Between formal reviews, Examiners independently monitor credit trends in individually assigned industry or geography-based wholesale portfolios and record their observations in monitoring journals.  Credit Risk Review maintains an ongoing relationship with internal stakeholders responsible for credit approval, client credit management and credit policy.  Examiners also interact periodically with external bank examiners.

As our Vice President Credit Review you will:

·  As examiner-in-charge, lead a team of Credit Risk Review officers in reviews of wholesale credit portfolios. This includes chairing all meetings associated with planning, initial kick-off, reviewing and presenting findings, and formal closing.  It also includes coordinating the assembly of review files, ongoing communications with the business, reviewing workpapers written by other team members, drafting the final report, and supervising the archiving of all relevant documents

·  Participate in reviews led by other team members. This includes reviewing assigned client files, recording analyses and conclusions in the workpaper database, and participating actively in all review meetings

·  Continuous monitoring quarterly Risk Assessments to appropriately position and rank portfolios based on risk parameters that will inform portfolio review cycle
·  Serve as an information resource on risk rating policy and risk analysis for business and credit officers, who may call to seek advice. Also, field calls from bank examiners on particular portfolios, credits recently reviewed, policy matters, credit system questions, etc

For this role, HSBC targets a pay range between $141,300.00 and $200,000.00

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:

·  Extensive credit experience analyzing industrial corporations and/or financial institutions in one or more of the following roles: credit/loan review, corporate lending, counterparty risk management, credit approval, workout, risk rating analysis or regulatory supervision (OCC, Fed, etc.)

·  Demonstrated strong analytical and report writing skills

·  Persuasive verbal communications with peers, senior and junior stakeholders and regulators

·  Planning, project leadership, and teamwork skills

·  Proficient in Microsoft Office applications
·  Bachelor’s degree or equivalent at minimum; graduate degree a plus

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.