Job description Posted 29 September 2022

Senior Project Manager

London/ Hybrid

Up to £625 PAYE / £811.46 Umbrella per day

6 Month Contract – strong possibility of extensions


Our client HSBC are currently seeking an experienced Senior Project Manager to join their team in the London office/remote working, this contract will be for 6 months with likely extensions.


Treasury Risk is a thriving and expert risk management function supporting HSBC globally with all many aspects of Financial Risk. The team actively manages a varied and dynamic range of risk types, including interest rate, liquidity, capital, pension, and insurance risk. All members of the Treasury 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.


We are currently seeking an ambitious individual to join our team as Project Manager – Treasury Risk Climate Risk Governance


Summary of Programme / Project:

Treasury Risk is the risk steward for the Bank’s funding liquidity, capital, IRRBB, Markets Treasury and Pension risk activities. We are currently seeing ambitious individuals to join our team as Project Manager – Treasury Risk Climate Risk Governance. The role purpose is to enhance the second line of defense stewardship and oversight of climate risk, as it impacts Treasury Risk. 


The roles are expected to perform the following tasks:


•           Coordinate Second Line of Defense Treasury Risk forum to communicate impacts of Climate Risk, progress toward objectives, and solutions to address needs

•           Support risk management framework design, review, and maintenance

•           Engage with various global and regional stakeholders on Climate Risk Management initiatives being conducted

•           Identify and drive implementation of valuable metrics to illustrate climate risk exposure and progress

•           Design, build, and maintain tools (databases/illustrations) that enhance climate risk management practices at the bank

•           Assess existing capabilities regulatory/external requirements. Identify and communicate gaps with recommended solutions.

•           Review existing processes to ensure compliance with related Risk Management Framework. Identify and communicate gaps with recommended solutions. 


Role Purpose

The role purpose is to enhance the second line of defence stewardship and oversight of climate risk, as it impacts Treasury Risk.


Climate poses both immediate and longer term risk to the banking industry. These risks are generally classified as either transition risk or physical risk.


•           Transition risk arises from the process of moving to a low-carbon economy, including changes in government or public policy, technology and end-demand (consumer behavior) and reputation

•           Physical risk arises from the increased frequency and severity of weather events (acute risk), such as hurricanes and floods, or chronic shifts in weather patterns (chronic risk).


HSBC is looking to be at the forefront of managing climate risk within the banking industry, engaging with regulatory stakeholders globally, and defining ambitious corporate objectives designed to lead us into a more climate-conscious future. This requires robust risk management frameworks to be implemented across risk types, that are readily adaptable to meet evolving regulatory needs and industry best practices.


This role requires an ability to apply knowledge of the regulatory landscape across the globe to drive the development and implementation of effective treasury-related climate risk management frameworks through collaboration with myriad internal stakeholders, creation of valuable tools and metrics to illustrate existing capabilities, and identifying/communicating opportunities for improvement.

In this role, you will:

•           Coordinate Second Line of Defense Treasury Risk forum to communicate impacts of Climate Risk, progress toward objectives, and solutions to address needs

•           Support risk management framework design, review, and maintenance

•           Engage with various global and regional stakeholders on Climate Risk Management initiatives being conducted

•           Identify and drive implementation of valuable metrics to illustrate climate risk exposure and progress

•           Design, build, and maintain tools (databases/illustrations) that enhance climate risk management practices at the bank

•           Assess existing capabilities regulatory/external requirements. Identify and communicate gaps with recommended solutions.

•           Review existing processes to ensure compliance with related Risk Management Framework. Identify and communicate gaps with recommended solutions. 


Qualifications

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

•           Typically, qualifications would include an undergraduate or post-graduate degree in relevant numerate subject

•           Demonstrable experience managing projects to completion

•           Working knowledge of banking operations, including treasury function and related risks. Experience with climate risk management a plus.

•           Experience of working across all levels of an organization to understand cross-functional linkages and interdependencies, with objective understanding of the needs and objectives of each function

•           Has developed a high level of professionalism and competency which helps to determine solutions around appropriate risk measures, risk processes, risk monitoring and management

•           Understands the strategies of the Group and demonstrate deep business knowledge.

•           Ability to form effective relationships and achieve influence at the most senior level in the organization

•           Communication and interpersonal skills, including the capacity to articulate the case for risk management in the language of business


Please also see below link to our HSBC Career hub:

https://jobs.elevatedirect.com/tapfin-hsbc/index.html


If you are relevant or interested please don’t delay, contact me on 0161 503 5558/ Curtis.Sharpe@Tapfin.co.uk