Capital Risk Assurance Manager

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential - whether you want a career that could take you to the top, or an exciting new direction, we offer opportunities, support and rewards that will take you further.

We’re one of the largest banking and financial services organisations in the world, with a network that covers more than 50 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people fulfil their hopes and realise their ambitions.

We’re currently seeking an experienced professional to join our team in the role of Capital Risk Assurance Manager.

Our Second Line of Defence Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.

Capital Risk involves the risk that the Group fails to maintain sufficient resources to cover potential losses and thereby does not meet its internal or regulatory capital requirements either at Group, subsidiary or branch level.

The Capital Risk Assurance Manager will be responsible for supporting the delivery of assurance reviews leveraging subject matter expertise within regulatory Capital. The successful candidate will have 4-5 years of experience within at least one of the following aspects of regulatory capital; regulatory reporting, first line of defence capital risk management, second line of defence capital risk oversight, or a broad level of experience within treasury risk more generally.

As an HSBC employee in the UK, you’ll have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you will:

• Provide subject matter expertise, advice, guidance, and effective challenge to key stakeholders by performing retrospective reviews across regulatory reporting and risk management framework processes.
• Support in targeted assurance reviews and deep dive of end-to-end processes across high-risk capital returns and internal metrics (e.g. Common Equity Tier 1 Ratio, Tier 1 Capital Ratio, Total Capital Ratio, Leverage Ratio, Double Leverage and Return on Tangible Equity) across various jurisdictions.
• Challenge stakeholders on risk and control management, including inherent risk, residual risk, control effectiveness ratings, issues, actions and events.
• Work with the business to understand the impact of emerging risks that require changes to controls, resources and business operations to ensure they remain within appetite.
• Work closely with wider teams both on and offshore with a particular focus on managing team members based in offshore locations through the Assurance life cycle.

 

To be successful in this role you should meet the following requirements:

• Solid experience within at least one of the following aspects of regulatory capital; regulatory reporting, first line of defence capital risk management, second line of defence capital risk oversight, or a broad level of experience within treasury risk more generally.
• Prior experience liaising with senior stakeholders on matters related to Capital Risk with proven ability to explain and write findings in a clear and concise manner.
• Communication and interpersonal skills, including the capacity to articulate the case for risk management in the language of business.

• Excellent business writing, communication, presentation and influencing skills

• An understanding of the Assurance life cycle and the role Assurance play as a second line Risk Function would be advantageous.
• Must be a self-starter, with a strong appetite to learn and be proactive.

Opening up a world of opportunity.

 

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: [email protected]