Senior Manager Enterprise Risk Management - Risk Management Framework, Capital and Behaviours

Role purpose

Global Enterprise Risk Management (ERM) is a sub function of Group Risk and Compliance. Its purpose is to make sure HSBC is equipped with a coherent Risk Management Framework, Risk Taxonomy, and the tools to enable it to understand and operate within its Global Risk Appetite and effectively manage its overall risk position. It seeks to strengthen the risk culture across the organisation through driving consistent risk management practices across our businesses and functions at global, regional, and market level. ERM achieves this through robust oversight and stewardship of the end-to-end processes, risks, and controls ensuring it complies with risk, business and regulatory priorities. Enabling the bank to grow safely, be forward looking, and meet its strategic objectives.

The team provides end-to-end oversight of operational risk capital and capital assessment activities across Latin America, ensuring alignment to Group standards and local regulatory expectations. It coordinates ICAAP and stress testing deliverables, maintains robust quantitative risk measurement, and delivers consolidated reporting that supports senior decision-making. The team also strengthens governance through disciplined loss reporting, consistent ERM policy implementation, and targeted capability uplift across First & Second Line of Defense.

Main activities

• Lead Latin America Operational Risk capital oversight (Pillar 1/2 where applicable), ensuring methodologies, assumptions and outputs are fit-for-purpose for local entities and appropriately aligned to Group frameworks and governance.
• Coordinate ICAAP inputs for Latin America entities, ensuring timely, accurate and well-evidenced contributions into Group ICAAP and any local ICAAP-equivalent submissions, with clear traceability from risk profile to capital outcomes and management actions.
• Support global stress testing delivery and execute Latin America local stress tests, tailoring scenarios to regional macroeconomic, political, FX/sovereign and idiosyncratic risk drivers; ensure results are translated into actionable management insights and capital considerations.
• Deliver and embed quantitative risk measurement capabilities for the region, including risk appetite metrics, loss forecasting, scenario analysis, capital modelling, stress testing and capital allocation—ensuring consistent data definitions, robust controls and appropriate use of expert judgement where data is constrained.
• Monitor and report consolidated Latin America risk positions (including key concentrations and emerging risks) for senior leadership and relevant governance forums, providing clear narrative on drivers, trajectory, and implications for capital and risk appetite.
• Oversee regulatory loss reporting and external submissions for Latin America, ensuring completeness, accuracy and reconciliation to internal loss/event data; coordinate responses to local regulator queries and align regional reporting with Group standards (including COREP/QIS-style exercises where relevant locally).
• Strengthen behavioural risk management across Latin America, supporting consistent execution of notable events/reportable incidents, whistleblowing oversight, Material Risk Taker (MRT) qualitative guidance (where applicable), and executive scorecard inputs—ensuring themes are identified and addressed through governance.
• Adapt and implement Global Risk Management frameworks for Latin America, incorporating evolving local regulatory requirements, market practices, and business strategy; ensure local deviations are documented, approved and time-bound where required.
• Establish and maintain ERM policies, procedures and standards for the region, clarifying ownership across entities and businesses, embedding minimum control expectations, and ensuring audit-ready documentation and evidence of adherence.
• Drive capability uplift across 1LoD and 2LoD in Latin America, through targeted training, coaching and practical playbooks (e.g., ICAAP inputs, stress testing, loss data quality, scenario design), improving consistency and resilience of execution across markets.

Requirements

Knowledge and Experience:

• Understands the impact of risk management, within HSBC Group and its commercial context and strategic ambitions.
• A good level of knowledge of the relevant regulatory landscape and ability to access the impact of proposed changes in regulatory rules to the bank, especially those pertaining to risk management.
• Knowledge of a financial institutions business model, products and key risk drivers.
• A deep understanding and technical expertise of risk, including how risks can be identified, assessed, monitored and controlled and mitigated where relevant.
• Ability to lead and promote a strong risk control culture and continually improve risk awareness.
• Proven ability to develop networks with key stakeholders and support a multi-locational team of professionals.
• Providing expert advice and robust challenge, delivering risk management policies and managing risks and controls.

Skills:

• Role-model HSBC’s ‘How We Lead’ framework, building a high-performance, high-care culture to deliver better outcomes for customers, colleagues and stakeholders.
• Rapidly understand complex technical issues (without being the SME) and translate them into clear, decision-useful insights.
• Produce Board/Executive-ready written materials and risk MI with strong attention to detail and quality control.
• Communicate complex concepts clearly and persuasively to non-technical audiences, tailoring messages to stakeholder needs.
• Operate as a collaborative, constructive change agent, challenging the status quo diplomatically to enable safe growth.

Qualifications:

• Relevant qualifications/certificates/experience
• Optional: A BA or BS University Degree, advanced degrees (e.g. MBA, MSc, PhD)

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.