Senior Manager, Reputational, Climate and Sustainability Risk
Kowloon City, Kowloon, HK
Job description
Senior Manager, Reputational, Climate and Sustainability Risk
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 role holder is responsible for supporting the management and embedding of Reputational, Sustainability and Climate Risk across sites in Asia and ensuring adherence to the defined standards as per the appropriate frameworks, policies, procedures and regulatory requirements. This role is to be also responsible for helping to support the adoption of AI tools in support of driving productivity and efficiencies within the team.
- The role is also expected to support broader RCSR team initiatives both within the region and globally where applicable.
Reputational Risk:
- Lead on Reputational Risk management across the 2LoD across several sites in Asia.
- Provide stewardship over 1LoD activities related to Reputational Risk including reputational risks relating to our Net Zero commitments and greenwashing.
- Support on change initiation, design and delivery and support the successful delivery of refreshed or new policy in priority areas in region.
- Contribute to relevant Strategic transformation initiatives impacting the region by proactively engaging and assisting in the identification and mitigation of reputational risk.
- Provide advice and support to Global Businesses and Global Functions in relation to reputational risks, including ensuring (through authoring or 2LOD review and opinion on papers prepared by others) that high quality papers are presented to relevant committees.
- Support improved senior stakeholder insight and decision making for Reputational Risk, ensuring alignment with regulatory expectations.
- Monitor geopolitical risks to undertake thematic analysis and read across for Reputational risk, engaging with the group geopolitical risk team as needed.
Sustainability Risk
- Support effective Risk Stewardship over 1LoD activities related to Sustainability Execution Risk across the region, delivering effective Risk Stewardship in line in line with the Risk Management Framework and support improved senior stakeholder insight and decision making for Sustainability Execution Risk.
- Provide technical advice and support to the across the 1LOD ensuring they understand and are aware of the control environment and assessment of risk.
- Provide subject matter expertise, advice, guidance, and effective challenge to the Risk and Control Owners
- Contribute to relevant Transformation Programmes within the region by proactively engaging and assisting in the identification and mitigation of risk.
- Act as approver for client or transactional clearances as required under Sustainability Risk polices.
- Ensure that lending undertaken under Green Sustainability Linked product meets HSBC Risk Appetite.
- Support on the aggregate reporting/analysis of the environment, thematic analysis and read across for Sustainability execution risk.
Climate Risk
- Support on Climate Risk management across the 2LoD, engaging with the regional climate risk team as needed.
- Will monitor on-going developments and changes to relevant regulations and regulatory guidance and will work alongside relevant teams to assess implications of any changes to HSBC.
- Provide advice and subject matter advisory support to Global Businesses and Global Functions in relation to climate risk, to find efficient and effective ways of embedding Climate risk into processes, behaviours and assist execution accordingly.
- Support improved senior stakeholder insight and decision making for Climate Risk, providing support to ensure that relevant Executive Management at sites have visibility and oversight of the highest Climate Risks to discharge their responsibilities in relation to these.
- Support the evolving Climate risk agenda in the region and embedding at sites.
Governance and Committee Memberships (membership of ExCos, Risk Management Meeting)
- Role will join relevant committees or working groups where needed e.g. AME or site specific RRCs.
Accountabilities for Business, Customers and Stakeholders
- Work effectively with key stakeholders and business teams
- Robustly challenge and influence to ensure effective management of Reputational, Climate and Sustainability risk.
Leadership & Teamwork
- Work collaboratively with a high performing team, and across functions, including the FLOD and other stewardship disciplines.
- Ensure effective relationships within HSBC, increasing connectivity and originating new productive relationships.
- Communicate with the relevant local, group and bank senior stakeholders to ensure an understanding of specific risk issues.
Functional Knowledge
- Experience in risk management at a Globally Significant Financial Institution (GSFI).
- Understands the impact of reputational, sustainability and climate risk within HSBC Group and its commercial context and strategic ambitions.
- Strong 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 reputational, sustainability and risk.
- Understanding of a financial institutions business model, products and key risk drivers and a demonstrated ability to effectively balance risk management, regulatory expectations and commercial pragmatism.
- Understanding and technical experience of reputational, sustainability and risk, including how this risk can be identified, assessed, monitored and controlled and mitigated where relevant.
- Ability to support a strong risk control culture and develops communication strategies to improve risk awareness.
- Ability to develop strong networks with key stakeholders at all points in a matrix structure.
- Providing expert advice and robust challenge, delivering risk management policies and managing risks and controls.
Core Skills
- Ability to present complex technical concepts and results to non-technical audiences in a persuasive and compelling manner.
- Team-oriented mentality combined with ability to complete tasks independently to a high-quality standard.
- A change agent who challenges the status quo diplomatically, constructively and positively to lead relevant strategies that enable safe growth of HSBC
Experience
- Self-starter, independent with good communication and leadership skills.
- Team player and high achiever with a positive attitude.
- High level of personal integrity and values in line with HSBC core values.
- Take personal accountability, be decisive, use common sense, empower others.
- Be inclusive and collaborative.
- Relevant data qualifications/certificates/experience
- A BA or BS University Degree, advanced degrees preferable, (e.g. MBA, MSc, PhD)