Analyst, Business Credit Office- Corporate & Institutional Banking

Some career choices have more impact than others.

At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

As an HSBC employee in Australia, you will have access to tailored professional development opportunities, competitive pay and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services, bonus leave days and wellness programmes including discounted gym memberships.

Credit & Capital Management (CCM) under CIB are introducing a new first-line credit management office, the Business Credit Office (BCO), as a key component of a new end-to-end operating mode.

The BCO function will be responsible for first-line credit risk, creating a single client facing and customer service orientated control point for all Credit and Lending (C&L) tasks. These responsibilities include structuring, credit analysis and rating recommendations, client credit monitoring tasks, credit terms and document negotiation.

Taking on the role of BCO Analyst based in our Melbourne office, you will provide credit management support to Relationship Managers (RMs) / Coverage, facilitating new deal flow, client review and renewal activities. You will also have responsibility for carrying out customer outreach, research, and both financial and credit analysis on behalf of the Relationship Managers, ensuring exemplary risk management acumen and control standards are embedded within the end-to-end Credit & Lending process.

This is a great opportunity to to join the Business Credit Office function in Australia from its inception, building on your existing skills in credit and financial analysis, accounting/audit, to work with a broad client base across middle market and global corporates, setting you up to further develop your career in banking.

Key Responsibilities

• Supporting the end-to-end Credit & Lending servicing journey, ensuring a seamless and efficient process for customers and internal stakeholders.
• Executing risk analysis of new and existing deals including but not limited to business, industry, credit, transition and technical risk analysis as well as both internal and external legal documentation negotiations.
• Combining client relationship management with strong credit risk assessment and credit management capabilities ensuring the required credit quality & requisite returns on risk.
• Maintaining HSBC internal control standards, including timely implementation of internal and external audit recommendations, along with addressing any issues raised by external regulators.
• Engaging in constructive and consistent dialogue with risk partners and clients, in a manner that effectively balances commercial outcomes and risk management.
• Working with the BCO Team Lead to ensure adequate credit risk management controls are built into the operational process and robust market intelligence is in place to track and measure risk against agreed thresholds.
• Delivery of BCO tasks as aligned with agreed objectives and key results, Service Level Agreements, and key performance indicators.

Requirements:

• Relevant work experience in corporate banking, top tier accounting or related fields such as a credit/financial analyst, auditors or relationship manager, with sound credit and financial analysis skills.
• Strong understanding of various financing instruments and banking products for Corporate & Institutional banking.
• Strong stakeholder management skills, with the ability to build strong relationships, navigate complex situations and drive alignment among senior leaders.
• Comprehensive understanding of risk management and proven experience in ensuring compliance (self and others) with organisational and regulatory requirements.
• Strong commercial mindset.
• Strong communication and interpersonal skills, with the ability to work effectively as part of a team, and influence and collaborate effectively across all levels of the organisation.
• A Bachelor’s degree in Business, Accounting, Finance, or a related field. CPA/CA/CFA is highly valued.

Preference will be given to candidates who hold Australian PR/Citizenship or New Zealand Citizenship, or who can demonstrate current unrestricted work rights in Australia without limitations.

We value different perspectives, we succeed together, collaborating across boundaries, we take responsibility, holding ourselves accountable to get things done. Through these values, HSBC is committed to building a culture where all employees are appreciated and respected and where opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow in an inclusive environment. Applications from First Nations peoples are encouraged.

Learn more about careers at HSBC Australia –  https://www.hsbc.com/careers/where-we-hire/australia

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