Senior Liquidity Risk Manager

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 an exciting new direction, we offer opportunities, support and rewards that will take you further.

We’re one of the largest banking and financial services organisations in the world, with a network that covers more than 50 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people fulfil their hopes and realise their ambitions.

We’re currently seeking an experienced professional to join our team in the role of Senior Liquidity Risk Manager.

This role reports into the Global Head of Liquidity Risk. The selected candidate will be in a crucial second line of defence role, responsible for providing independent second line of defence (2LOD) risk oversight and challenge of a broad range of processes relating to liquidity risk management, measurement and reporting across the Group. The role involves participation in, and support of, Risk and Global Treasury transformation programmes regarding liquidity management and reporting. This is a visible and critical role within the Global Risk function and requires a strong understanding of liquidity and funding risk regulation, as well as risk drivers, management processes, measurement approaches and reporting requirements.

As an HSBC employee in the UK, you’ll have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you’ll:

• Develop and execute a comprehensive and granular programme of liquidity second line of defence, working closely with Global Treasury ensuring appropriate measurement, monitoring and management of liquidity and key liquidity metrics.
• Provide independent and effective review and challenge of key liquidity processes such as risk appetite setting, ILAAP, stress testing, Recovery & Resolution Planning etc. Provide subject matter expertise, advice, guidance, and effective challenge to the Risk and Control Owners.
• Define best practice approaches for discharging 2LOD responsibilities and influence entity 2LOD teams to ensure consistently high standards of liquidity risk oversight globally, in line with relevant Group policies and regulatory expectations
• Shape, review and challenge Risk & Control Assessments related to financial risk and regulatory reporting risk controls. Support the activities of the specialist Treasury Risk Assurance team with risk management and reporting control assessments.
• Support internal and external audits of the liquidity management and reporting framework. Ensure that limitations are being identified, monitored, managed, and remediated.
• Monitor the horizon and ensure compliance with relevant regulatory requirements, industry standards, and best practices.
• Build relationships with a diverse range of stakeholders across Risk, Global Treasury, Markets Treasury and Regulatory Reporting.

To be successful in this role you should meet the following requirements:

• Practical experience of Liquidity Risk management within 1st or 2nd line of defence within a large international financial institution and implementing change programmes around liquidity risk management and/or reporting processes.
• Strong working knowledge of Liquidity Regulations and reporting requirements, with deep understanding of the PRA Rulebook regarding liquidity and funding, particularly metrics such as the Liquidity Coverage Ratio (LCR) and the Net Stable Funding Ratio (NSFR).
• Track record of actively and successfully challenging Treasury or business assumptions, stress-testing approaches, and liquidity deployment strategies.
• Experience working across all levels of an organisation to understand cross-functional links and interdependencies, as well as the implications of risk at both a strategic level and at the business unit level, with good understanding of other areas e.g. Finance, Accounting, Operational, Legal, etc.
• Excellent communication and stakeholder management skills, with the ability to effectively communicate insights and recommendations to senior management and executive-level audiences.
• Experience preparing technical papers, risk metrics and presentations for senior risk committees and Asset and Liability Committees, possibly board level committees.
• Experience in addressing regulatory and audit requests and to work autonomously in a fast-paced, dynamic environment; must be a creative problem solver.

Opening up a world of opportunity.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: hsbc.recruitment@hsbc.com

Telephone: +44 207 832 8500