Senior Manager, Corporate Credit Risk, UAE and Lead Structured and Specialised corporate lending

HSBC; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading global bank in the UAE is seeking a key lead for structure trade and specialised lending within their Corporate Credit Risk team. This role requires strong credit underwriting skills and the ability to manage a portfolio of UAE Corporates while collaborating with various teams to ensure risk management practices are upheld. Applicants should be agile and have a robust understanding of financial products. Competitive compensation and opportunities for growth are offered.

Qualifications

• Strong technical product understanding in corporate finance.
• Ability to manage portfolio risk through effective analysis.
• Experience in building relationships with clients and stakeholders.

Responsibilities

• Take credit decisions aligned with risk appetite.
• Manage asset quality and identify risk trends.
• Act as a lead contact for new product discussions.

Skills

Credit underwriting skills

Risk management expertise

Agility and adaptability

Job description

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.

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency, geopolitical, operational, credit, pension, insurance, financial crime and regulatory compliance, market, and reputation risks. All parts of the Global Risk team use their skills, insight, and integrity to handle established threats and those they see emerging, acting to protect and enable HSBC to deliver sustainable growth.

Role Overview:
This role will potentially be the most technical role in the MENAT Corporate Credit Risk team as it will be the key lead for structure trade and specialised lending such as Innovation Banking. In addition to strong technical/product understanding and credit underwriting skills, the incumbent will need to be agile and open to new products, sectors, etc. This role will require very close partnership with Business and Product teams to define and flex risk appetite.
Accountable for Wholesale Credit Risk (WCR) covering assigned UAE Corporates portfolio including Credit Underwriting by taking credit decisions that are aligned with internal and external Guidelines.
The incumbent will also be the primary lead for specialised lending such as Venture Debt, Project Finance, leveraged finance, Strategic Equity Finance , structured trade lending such as Pre Export Finance, Limited Recourse Receivable Finance

Duties & Responsibilities:

Impact on the Business
•Credit Underwriting – personally exercise delegated lending authority and take credit decisions that ensure well balanced Risk/Reward and are aligned to our Risk Appetite.
•Portfolio risk management – Manage overall asset quality of assigned portfolio by identifying trends and initiating risk mitigation measures, tracking High Risk Problem Exposures, challenging Worry/Watch/Monitor accounts, managing Non-Performing Accounts (NPAs) and ensuring timely impairments.
•Horizon scanning – analyse key sectors and track market development to remain informed of emerging trends and how they may impact our portfolio.
•Act as the Lead and key contact point for discussions on new products or changes to existing products, working closely with Group WCR, Products and Policy teams.
•Proactively coordinate with frontline teams and WCR colleagues in other Regions in adoption of best lending practice pertaining to Specialised Lending and ensuring MENAT policy and process are aligned to Group.
Customers / Stakeholders
•Meet key UAE clients and actively participate in key UAE clients’ Account Planning with GRB.
•Provide effective challenges and early-stage guidance to FLOD in complex transactions in a timely, open-minded and decisive manner.
•Cultivate external network to remain up to date on latest sector trends, innovation, products, etc.
•Establish and maintain strong rapport with Business.
Leadership & Teamwork
•Work effectively and collaboratively with Business, regional Risk teams and other cross functional regional teams.
•Provide guidance and act as ‘buddy’ to CoE desk officer designated to the incumbent’s portfolio.
•Ensure MENAT WCR team remains up to date on key sector, product trends.
Operational Effectiveness & Control
•Sceptically review credit processes and ensure these are simple and streamlined.
•Provide guidance and input for all wholesale credit risk matters across policy, oversight, risk stewardship, models, initiatives, etc.
•Keep the customer at the heart of all decisions, deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets.