Head of Capital Strategy Asia & Middle East

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HSBC Corporate and Institutional Banking is a markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

We are currently seeking a high caliber professional to join the Banking FRM team as Head of Capital Strategy Asia & Middle East.

In support of our ambition to be the world’s #1 Corporate & Institutional Bank, we are accelerating our plans to evolve our Credit and Capital Management capabilities to drive better customer outcomes, enable growth and improved shareholder returns.  CCM’s Banking Financial Resource Management (FRM) team aspires to establish a world class end to end Banking FRM function that will actively manage and steer the Bank’s balance sheet, as part of a fully-interlocked CIB FRM function.

Role Purpose

Credit and Capital Management (CCM) is establishing a Banking FRM capability.  The Director, Head of Capital Strategy, Asia and Middle East Banking is responsible for developing and executing a comprehensive and sustainable capital optimization strategy for Asia and Middle East, contributing to RWA efficiency and optimizing Banking and Global CIB Return on Tangible Equity (RoTE) and Economic Profit (EP).

Key Responsibilities 

The Director, Head of Capital Strategy, Asia and Middle East Banking will primarily be responsible for:

• Establishment of comprehensive capital strategy for Asia and Middle East Banking
• Maintaining real time capital runway for Asia and Middle East Banking across PRA and local RWA, incorporating regulatory changes, model changes, RWA optimisation activities, business growth and distribution activities
• Working with Model Strategy team to ensure appropriate prioritisation of model changes
• Working with Regulatory Affairs to deliver appropriate advocacy, respond to regulatory studies, and support regional regulators in development of capital rules
• RWA optimisation through sustainable data improvements, appropriate regulatory interpretations and advocacy
• Working with CCM COO to ensure that banker tooling appropriately incorporates the necessary granularity to support Capital Strategy requirements
• Working with product and coverage teams to advise on appropriate product design and transaction structuring from capital optimisation perspective
• Backtesting of activities
• Work with Treasury and Stress Testing teams to ensure stress testing results and inventory of management actions are credible
• Compliance with applicable regulation and Group policies and governance frameworks

Customers / Stakeholders

Primary customers are:

• Business lines – CIB
• Functional Teams – Treasury, Business Finance, Risk, COO
• Group & Regional teams

The roleholder will interact equally with senior management of stakeholder groups and front line bankers as necessary. Governance should be in accordance with Group standards policy and procedures.

Leadership & Teamwork

• Developing and communicating a powerful and compelling vision for Banking and CIB FRM that inspires and engages people with the HSBC values and goals as the basis of a high performance, customer-centred and inclusive culture
• Drive cross-team collaboration and knowledge sharing
• Trusted by customers and stakeholders to make balanced, fair decisions
• Proven ability to motivate people to go above & beyond
• Contribute to an environment of continuous performance improvement, with ability to respond to feedback

Major Challenges

• Need to drive embedding of new ways of working, supported by training
• Fragmented data environment
• To remain flexible and adaptable in an environment of constantly changing priorities, challenging bureaucracy and staying true to the values and strategy of the Group
• Working across multiple markets and business/functions with multiple delivery and business partner teams
• Defining the approach and dealing with complex requirements and unique projects – often one-off initiatives.
• Management and control of projects to meet exacting timescales.
• The systems and processes involved are often highly technical in nature or require specialist knowledge to fully understand and effectively deliver the required changes.

Experience

• Relevant Banking, Finance and Regulatory Capital experience (10 years), including of market-facing activities
• Knowledge and experience of CIB and Banking products, including range of distribution channels
• High level of drive and motivation to ensure successful delivery of complex and transformational initiatives
• Proven ability in working across multi-disciplinary and multi-cultural diverse work environments, with evidence of managing and satisfying multiple stakeholders and perspectives in a fluid and changing environment
• Strong understanding of HSBC Group structures, processes, values, and behaviours

Capabilities 

• Outcome-focused with ability to pay attention to detail and ensure tasks are completed on time and to the required levels of quality
• Excellent problem solving and quantitative skills, with ability to synthesise multiple priorities against multivariate constraints
• Ability to make critical decisions and strategically prioritise based on business goals
• Developed understanding of bank regulations across capital (banking book and trading book)
• High level of drive and motivation to ensure successful delivery of change initiatives
• Outstanding organizational, time management and planning skills in order to cope with multiple large-scale responsibilities
• Collaboration and influencing skills, with proven ability to leverage resources from across own and other business areas
• Outstanding interpersonal and communication skills with a proven ability to communicate effectively and confidently at all levels across the Group

Opening up a world of opportunity
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Issued by The Hongkong and Shanghai Banking Corporation Limited