Career Services

By John Stabinger

Posted on 2 April 2020 | 2:40 pm

Alumni / Benefits & Services / Alumni Career Services

Alumni Career Services

Job Seeker Employer

SAVE

Investment & Wealth Solutions Head of Risk Oversight and Policy - Global Private Banking & Wealth

HSBC

Details

Posted:

September 17, 2023

Location:

Hong Kong, United States

Show Map

Salary:

Open

Type:

Full Time

Job description

Some careers grow faster than others.

If you???re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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.

HSBC Private Bank seeks to be the leading international private bank for business owners and their families. It provides clients with wealth, business and family succession solutions in the largest and fastest growing markets around the world. At HSBC Private Bank, we put our clients at the centre of everything we do.

We are currently seeking a high calibre professional to join our team as a Investment & Wealth Solutions Head of Risk Oversight and Policy - Global Private Banking & Wealth.

Role Purpose:

The role holder will lead a team based in multiple locations (onshore & offshore). They will work closely with the in-country CCO/Business Oversight teams to ensure that IWS related responsibilities are effectively executed aligned to the bank???s risk appetite and global policies.

In addition, the Global Head of IWS Business Oversight will assist the Global Head of IWS and IWS COO in developing high quality reporting, relevant MI needed for the Risk and Reg landscape as well as developing Global Policies to set the Global Risk Appetite. The role holder will engage with 1st Line of Defence, 2nd Line of Defence, Global Private Banking & Wealth business (GPB&W). stakeholders and may potentially face external regulators to ensure all IWS initiatives are aligned to regulatory and policy expectations.

The purpose of the role is to support the IWS function in delivering and co-ordinating risk activities across the first line of defence and implement a consistent and effective approach to end-to-end risk management for IWS.

Principal Accountabilities:

Ensure the Global coverage for IWS is and remains compliant with the minimum standards for Business Oversight teams including Global Principles and Risk FIM. - Produce timely and accurate management information for senior management and relevant risk committees??? attention, along with commentary on emerging trends and risks for IWS
Support the Group IWS teams in delivering on key objectives
Support the implementation of business strategies and delivering a best-in-class wealth management experience to GPB&W customers globally through ensuring effective design and implementation of control standards, governance and procedures
Be the subject matter expert on product and distribution risk issues within IWS business
Maintain strong working relationships with key stakeholders in local markets, Region and Group, to ensure the business is compliant, successful and profitable. And, to share and promote best practice across markets that aligned with target operating model for GPB&W
Develop close collaborative partnership with CCO and 2LoD, to ensure business owned controls are working effectively and issues and actions are proactively managed
Attend various governance, risk and business forums on behalf of IWS, and prepare the necessary presentations and papers for discussion
Effectively oversee the day-to-day tactical issues and delivery of strategic initiatives across the IWS business
Support the Bank???s ESG strategy
Liaison with Audit to support findings and reviews
Secretary of the Risk Oversight Committee
Support the Global IWS team in delivering on key objectives.

Requirements

Skills/ Experience

Practical experience of major business transformation with large scale regulatory change management experience;
Detailed working knowledge of risk management and operational risk frameworks, particularly in relation to the retail and private bank wealth market, with insights on sector trends
Understand risk and making decisions in highly complex situations where there are potentially major consequences for the business
Ability to manage and mitigate operational risk effectively through critical thinking, creativity and innovative techniques and solutions
Demonstrated business knowledge, ideally experience of leading a complex business unit within a global banking environment
Experienced people leader in complex global institutions. A track record of creating highly-motivated and cohesive teams
Strong interpersonal skills; be an effective communicator and possess strength of character
Capable of inspiring and influencing colleagues both upwards and downwards and internally and externally
Proven experience as a senior leader in a complex organization
Demonstrable experience dealing with and influencing internal and external senior stakeholders (ExCo members, Board, CEOs) and regulators.

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.

#LI-HSBCAT

Internal Number: 20271795

More Jobs from This Employer

You do not have JavaScript Enabled on this browser. Please enable it in order to use the full functionality of our website.

Career Services

Alumni Career Services

Loading...

Investment & Wealth Solutions Head of Risk Oversight and Policy - Global Private Banking & Wealth

HSBC

Error