Assistant Manager -Credit Risk

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HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Manager -Credit Risk

Principal responsibilities

• To contribute to the credit approval process by delivering timely and well-balanced risk decisions and recommendations in UK CMB within in agreed Service Level Agreement.
• The role is to foster and encourage a sound common credit culture and to avoid undue risk concentrations, with the aim of ensuring a sustainable high quality lending portfolio. Understand risk profile of the lending portfolios, enhancing quality by providing concise/clear/pertinent action/recommendations.
• In carrying out these duties, the jobholder must be fully aware of the need to meet customer requirements and the overall effect of the marketplace on the credit process.
• Credit standards issued by internal Credit policies & guidance must be always followed. While achieving these objectives, direction, and guidance to be provided to the coverage Regions & Centres.
• Must also be prepared to stand firm despite heavy pressure to change opinion, albeit must not be totally inflexible. Must strive towards a balanced risk based approach not exposing the HSBC Group to unnecessary risk. 
• In summary, the prime objective is to ensure that an appropriate balance is achieved between developing the quality business, maintaining a well-balanced book as to risk, ensuring credit standards are observed and at the same time being fully responsive to the needs of customers and the marketplace.
• The job holder is granted a core Approval Authority as detailed within the Department Instruction Manual and must ensure understanding of all relevant limitations and policies, and in particular the Approval Authority Matrix and the guidance notes regarding the use of these, prior to exercising this authority.
• Understand and adhere to both the letter and the spirit of all laws, regulations and regulatory guidance that apply to an individual's role, promptly reporting any breaches in accordance with local procedures.
• The post requires determination/discipline/diplomacy skills to persuade network colleagues of the jobholder’s views. Must be able to work independently on credit proposals and capable of providing clear judgment, support, and guidance.

Requirements :

• Academics – University degree in commerce/ economics/ management/ engineering. Preference will be given to the candidates holding MBA-Finance or equivalent/ CA/ ICWA/ CS/ CAIIB/ CFA etc.
• Experience – 1+ years of relevant experience in handling SME/Corporates in a reputed Bank/ FI.
• Thorough understanding of Group Lending Guidelines, as well as various corporate banking and treasury products, familiarity with other specialised lending areas as well as the latest financing structures in the market.
• Eye for conducting detailed diligence given the complexities involved, and at the same time be change-oriented given the evolving market and nature of the transactions.
• Capacity to maintain strong constructive relationships with Area Risk Teams, Business Team Heads and relationship teams. Capable of providing real time advice and guidance on credit to the business teamsCapacity to cope with pressure and tight deadlines given the time critical nature of the deals.
• Should have the capability & flexibility to switch roles within Wholesale Credit Risk Management in various functions & geographies at short notice if needed.

You’ll achieve more at HSBC 

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.”

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