Head of Financial Risk Steward Oversight and Assurance

Job ID: 0000JKGD

Location: Birmingham, United Kingdom | London, United Kingdom

Area of interest: Risk and Compliance

Job type: Permanent - Full Time

Work style: Hybrid Working

Opening date: 08-May-2024

Closing date: 10-May-2024

Job description

If you're looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge, and develop your skills. Bring your knowledge of our brand to a new role and grow yourself further.

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency, geopolitical, operational, credit, treasury, pension, insurance, financial crime and regulatory compliance, market and reputation risks. All parts of the Global Risk team use their skills, insight and integrity to handle established threats and those they see emerging, acting to protect and enable HSBC to deliver sustainable growth. A move across the business allows you to continue to access tailored professional development opportunities, and our fantastic benefits packages.

We are currently seeking an experienced individual to join this team in the role of Head of Financial Risk Steward Oversight and Assurance, HSBC UK Bank.

Role Purpose

Financial risk covers the people, process and systems failures that would lead to a Credit, Treasury and Traded risk impact or loss. The role would be a second line of defence role, supporting the HSBC UK CRO to discharge their SMR accountabilities for the oversight and management of these risks. The role would therefore be a formal SMR delegate for the UK CRO.

The role purpose is to coordinate the Risk Stewardship oversight and related assurance activities for the UK ring-fenced bank across all of these risk types, ensuring that the UK has comprehensive coverage for all financial risk types and to provide the UK CRO with a holistic view of that stewardship and assurance activity and results. The stewardship and assurance models are being established by each financial risk function, and the role holder will therefore need to work within each operating model to ensure adequate coverage for the UK ring-fenced bank.

The base location for this role is Birmingham.

In this role, you will:

• Ensure that assurance reviews are scoped effectively to cover the key risk and control areas for the UK ring-fenced bank, including leading and conducting targeted assurance reviews and deep dives of high risk end-to-end processes and metrics;
• Work with each financial risk assurance team/utility to build out and maintain a comprehensive assurance plan for the UK ring-fenced bank.
• Provide holistic reports for the UK CRO and governance committees on the UK ring-fenced bank financial risk and control profile.
• Support the Risk Stewards and Assurance teams in each financial risk function, to optimise their target operating models, promoting and implementing synergies and efficiencies while securing an optimal and best in class control environment across the UK ring-fenced bank.
• Track and monitor any UK ring-fenced bank impacting issues raised by the financial risk stewards and assurance activities to ensure that they are effectively mitigated within the required timescales, inputting your SME knowledge to proposed solutions and reporting and escalating any overdue items for management attention.

Requirements

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

• Demonstrable experience from a financial accountancy background with internal/external audit experience.
• Relevant Financial risk management knowledge and experience working in multiple legal entities
• Communication and interpersonal skills, including the capacity to articulate the case for risk management in the language of business.
• Exposure to working with risk assurance teams to build out and maintain a comprehensive assurance plan.
• Have an understanding and experience of the UK SMR regime
• Experience of providing holistic reports senior executives/ governance committees on the risk and control profile.

You'll achieve more when you join HSBC.

We believe that being open to a range of perspectives and cultures is vital for our business. We work hard to ensure our diverse and inclusive workplace reflects the communities we serve. We want everyone to achieve their potential – regardless of their gender, ethnicity, disability, religion, sexual orientation or age. If you have a different way of seeing the world, we are interested in hearing from you.

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 part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

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

Email: hsbc.recruitment@hsbc.com

Telephone: +44 207 832 8500