Transaction Risk Management

Some careers open more doors than others. 

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

We are currently seeking an experienced professional to join the GTS – Transaction Risk Management team.

Business Descriptor:

Global Trade Solutions (GTS)

Trade has been the foundation of HSBC since 1865, it is evolving fast and so are we. With our network, expertise, and solutions we’re placed to help clients make sense of emerging trends, risks, and opportunities by being the global connectors, innovative problem solvers and strategic partners.

 
We connect the world through trade. As global connectors our footprint gives clients access to 89% of world trade flows providing a powerful mixture of local, regional, and global knowledge to help them spot new growth opportunities. We are innovative problem solvers that provide a safer, smoother digital trade experience with expert help to clients solve business challenges through innovative solutions and strategic partners through growth, disruption, or uncertainty, we bring them insights and ideas to enable grow and protect their business.

 
Our comprehensive suite of products and services can be combined into global solutions that help make it easier for businesses to manage trade risk, process trade transactions, and fund trade activities.

Job Introduction:

HSBC is the world’s largest Trade and Receivable Finance organisation in the world, offering a comprehensive range of forward-thinking open account supply chain and traditional trade solutions. The bank has been recognised by the industry’s most prominent publications and associations for its strength in combining innovation and service excellence with its end-to-end customer solutions (voted the Best Trade Bank by our clients for seven consecutive years).

HSBC GTS is a global core product and solutions capability for clients in the market.  We are currently seeking an experienced individual to join GTS in this Transaction Risk Management role. The role will be based in India reporting into the Head of GTS Transaction Risk Management, India.

Principal Responsibilities:

The Transaction Risk Management job category is responsible for the effective identification, assessment, ongoing management, monitoring and mitigation of existing transaction risk for wholesale banking clients. This job ensures customer relationship management, customer exits, returns to business as usual, deal endorsements, developing effective strategies for managing complex trade credit insurance claims, litigation and recovery costs.

• Conduct due diligence / Manage underwriting of new and renewal credit opportunities including developing appropriate recommendation for wholesale credit and market risk. This includes New Proposal / facility renewal due diligence / endorsement and input pursuant to GTS FIM covering Receivables Finance (RF), Supply Chain Financing (SCF), and other core trade finance product when TRM input / endorsement is required.

• GTS portfolio in-Life Monitoring

• • TRM at the forefront of managing large elements of GTS financial and non-financial transaction risk;
  • In-life transaction control and post transaction key risk indicators management and early stage risk detection;  
  • Manage the analysis, interpretation and management of buyer credit risk;
  • Ensure seller level existing portfolio and collateral within agreed operational guidelines, risk mitigants and controls;
  • Close monitoring of GTS overdue risk and escalation Lines of Business Relationship Manager, internal stakeholders, Wholesale Credit Risk (WCMR) and take appropriate de-risking actions once aligned with CMB/ GB and WCMR.

• Manage GTS portfolio and collateral within agreed operational guidelines, risk mitigants and controls.
• Monitor portfolio trends including sectors, positions of concern, delinquent positions and non-recourse structures, ensuring within risk appetite and taking appropriate action to mitigate loss.
• Ongoing expansion of the operating model, coupled with ongoing focus on Simplification, Elimination, Digitalisation and Automation for TRM processes to create efficiency of controls and capacity for growth.
• Management of credit risk mitigants including Trade credit insurance/ non-payment insurance to help improve facility return. Develop strategies to minimise losses while considering wider seller relationship profitability, where appropriate.
• Promote the transaction risk awareness within TRM and GTS, especially for the fraud risk awareness.
• Minimize bad debt through effective pre-commencement due diligence, in-live transaction monitoring and periodic deal review driven by client risk profile or external environment.

Role Requirements / Education Qualifications / Certifications / Experience:

• Bachelor’s degree in business, related field, or equivalent experience.
• Knowledge of Structured Trade Finance Product, mainly Receivables Finance and Supply Chain Solutions.
• Experienced in credit and quality of receivables assessment and understanding of key ratios indicated via balance sheet, Profit and Loss and cash flow statements review.
• Knowledge and interest in local market and global macroeconomic condition.
• Curious mind and willingness to explore new deal structures.
• Interpersonal and negotiation skills in communicating with key stakeholders including Front Office sales team, credit risk officer and regional and global business.
• Proactive and able to work independently with capacity to lead a medium size team.
• Communication skills, able to clearly articulate ideas and negotiate for outcome with stakeholders.
• Knowledge of relevant regulations impacting the business, and the lending and credit approval process and Global Standards 

Additional Information

Mandatory to successfully complete Anti-Money Laundering and Sanctions training and post-course assessment, as required.

HSBC is 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.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited, India