Manager Counterparty Credit Risk

Some careers shine brighter than others. 

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. HSBC is one of the largest banking and financial services organizations 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 realize their ambitions. We are currently seeking an experienced professional to join our team in the role of Manager Counterparty Credit Risk.

Job Responsibilities: 

• Ensuring the end-to-end integrity of Risk and Valuation Data by executing enhanced controls for the data to be readily consumed by all consumers including Traded Risk, Finance, Collateral etc.
• Lead and coach a team of risk analysts/associates to deliver high-quality counterparty credit risk operational support.
• Oversee counterparty limit and exposure maintenance, ensuring completeness, accuracy and on-time delivery.
• Review and manage key reconciliations and exception reporting, investigating breaks and driving remediation to closure.
• Provide regular management information on capacity, quality, issues and remediation progress to senior management and onshore stakeholders.
• Build strong working relationships with stakeholders across sites and functions to enable smooth end-to-end delivery.
• Drive continuous improvement across workflows, controls and hand-offs, reducing repeat errors and strengthening standardization.
• Ensure effective coverage through training, cross-skilling and robust backup arrangements across critical activities.
• Escalate issues promptly and promote a strong “no surprises” risk and control culture.

Job Requirements: 

• Degree (or equivalent) in Finance, Economics, Commerce or a related discipline.
• Strong understanding of credit risk concepts and familiarity with treasury/traded products and risk operations.
• Proven people management capability, including performance management, coaching and developing team capability.
• Strong analytical skills with experience in reconciliations, issue investigation and root-cause remediation.
• Excellent communication skills (written and verbal) and confidence engaging stakeholders across regions.
• Strong attention to detail with a focus on controls, data quality and operational discipline.
• Ability to work under pressure and deliver to tight timelines in a time-sensitive environment.
• Advanced Excel capability.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritized.

You’ll achieve more when you join HSBC.

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.