Associate Director (Policy & Regulations)
- Birmingham, (GBR), London, (GBR)
- £670 - £678 Per Day
- 6 Months
- Start date: ASAP
- Ref: tapfin-hsbc-44897
- risk assessment
- regulatory
- regulations
- credit risk management
- commercial banking
- lending
- international banking
- strategy
- legal
- remediation
Associate Director – Policy & Regulations
6-month contract
Birmingham / London
£678.12 p/d Umbrella
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 simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. We are currently seeking an experienced individual to join this team in the role of Associate Director.
ROLE CONTEXT
You will be one of the key business delivery partners under the Parental Support Framework (PSF) Remediation Programme, which is mobilised to address regulatory requirements over the next three years at a global scale. This Programme has strategic importance to the Wholesale Business as a key enabler for our ambition to be the preferred international financial partner for our clients, including supporting financing needs of international subsidiaries.
The Programme has been sponsored by Business and Risk senior management, including Global Head of International Banking, Head of Global Banking Credit & Lending and Global Chief Corporate Credit Officer.
You will work closely with stakeholders from Risk (e.g. Wholesale Credit Risk Management, Credit Policy, Regulatory Policy), Global Banking, Wholesale Credit & Lending and Legal teams at market, regional and Group levels to design and establish compliant frameworks for rating of obligors who benefit from parental or third-party support.
You will represent the Global CMB business and act as voice of Relationship Management (RM) community to shape and influence target state frameworks, by proposing and advocating efficiencies and simplification in business processes, procedures, controls, data, and systems.
Your success in this role, in turn, will enable RM community to understand, use and apply parental and third-party support arrangements with accuracy and ease during the credit & lending process, ensuring the most optimal financial outcomes and efficiency for our clients.
ROLE INFORMATION
• Influence how we risk assess, price, and manage our international clients and connected client groups.
• Identify and propose opportunities for RM simplification, market competitiveness and return preservation while shaping policy and legal frameworks, processes, and controls.
• Contribute to the design, development and implementation of the target state and engage with the frontline at regional level to understand nuances in local markets and industry practices to ensure they are appropriately catered to in the design of the target state.
• Surface and highlight pain points and inefficiencies with the existing end-to-end PSF process (start of client discussion to final documentation) and propose effective solutions.
• Contribute to the review and challenge process to identify gaps between the current state and target state in business processes and controls.
• Lead frontline engagement and client outreach activities as part of remediation activities to address these gaps to future proof implementation.
• Design and deliver training to RM community across all 50+ markets.
REQUIREMENTS
• Progressive and proven core banking skills with frontline experience, preferably in International Banking
• HSBC experience is essential
• Commercial banking project experience
• Credit risk assessment / credit risk capital experience
• Strong understanding of Global CMB business, strategy, products, and portfolio.
• Strong knowledge and experience of HSBC credit, lending, rating assessment processes and PSF & its usage
• Strong stakeholder management and influencing skills with ability to foster strong collaborative partnerships across functions and regions.
If you are interested in this position, please do not hesitate to reach out! Either apply direct or reach out at Amy.Walker@tapfin.com.
Please note, in the event of a high volume of applications for this role, we will not be able to respond to each individual applicant. Unfortunately, if you have not been contacted within 7 days then we will not be progressing with your application. Thank you for your understanding
