Senior VP, BCO - Singapore
Singapore, SG, 018983
Job description
We are currently seeking a high calibre professional to join our team as a Senior VP, BCO - Singapore.
In this role you will:
- Responsible for the delivery of BCO tasks in line with agreed OKRs, SLAs and KPIs
- Lead and manage the end-to-end CCM journey, ensuring a seamless and efficient process for customers and internal stakeholders.
- BCO Regional Heads, WMR and other key stakeholders where necessary in order to ensure successful completion of key Optimization and Transformation initiatives
- Continuously drive improvement in productivity of the BCO team whilst enhancing client experience.
- Drive adoption of technology/digital and customer experience improvement initiatives, including alignment to a globally consistent C&L operating model.
- Monitor and analyze customer and stakeholder feedback, identifying key areas of focus to improve customer outcomes.
- Work with the Head of BCO to ensure risks and issues related to CCM are escalated to country, regional and global stakeholders and resolved in a satisfactory manner.
- Closely work with the senior management team and Regional Sustainability Champions to drive various activities as part of the Group's transition to Net Zero along with implementing various strategic initiatives across BCO teams.
- Drive continuous improvement initiatives across credit analysis activities to deliver a high and consistent standard.
- Ability to build and maintain strong relationships across the teams, including credibility with both Business and Risk teams.
- Develop and maintain a diverse, innovation-driven BCO team, ensuring high levels of engagement and satisfaction
- Participate in deal discussions and meetings with clients or credit risk as required.
- Protect the Bank by acting as First Line of Defense and observing all controls.
- Identifies and anticipates all types of risks (e.g., industry, portfolio, diversification, sovereign, commercial, currency, etc.) and identify micro and macro trends impacting the credit portfolio, working with WCRM and business heads to take appropriate steps in changes to underwriting criteria and conducting rapid portfolio reviews.
- Demonstrates ability to engage in constructive and consistent dialogue with risk partners, in a manner that effectively balances commercial outcomes and risk management
- Work with the Head of BCO to ensure adequate credit risk management controls are built into the operational process and robust MI is in place to track and measure risk against agreed thresholds
- Responsible for talent management, performance management & succession planning.
- To regularly host exchanges for the team and ensure necessary action plans are designed and executed for resolution.
- Foster a culture of compliance amongst the BCO team members as regards Group Compliance Policy.
To be successful you will need:
- Chartered Accountants / master’s in business, Finance, Economics or equivalent is essential and any professional qualification (i.e. CFA, Chartered Banker) is desirable. If none, tenured experiences in credit analysis and/or credit approvals will be considered.
- Minimum 10 years’ experience in CCM, with a strong background in managing loan portfolios.
- Proven track record in leading and managing senior stakeholders, with experience in organizational design and strategic planning.
- Knowledge of Investment Banking is mandatory, such as Securities, Treasury, Foreign Exchange, Derivatives, ESG and Climate risk.
- Strong stakeholder management skills, with the ability to navigate complex situations and drive alignment among senior stakeholders.
- Expertise in credit risk management and control assessment
- Excellent analytical and problem-solving skills, with the ability to articulate customer feedback and distil key areas of focus.
- Proven ability managing in a large and complex operational environment.
- Excellent communication and interpersonal skills, commercial mindset with the ability to influence and collaborate effectively across all levels of the organization.
- Working knowledge of operationalizing policies and procedures for managing or minimizing risk – including credit, operational, regulatory and reputational risk – in accordance with the Group Standards Manual, Risk FIM, relevant guidelines and standards
The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this role. (Additional text if role is Enhanced vetting)
You’ll achieve more at 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.
Candidates with less relevant experience or skills may be offered a lower Global Career Band than stated above.
Issued by Hongkong & Shanghai Banking Co