Credit Risk Manager

HSBC Group; Greater London; Hybrid; GBP 90,000 - 120,000; Full time

Benefits offered by this job

Hybrid working

Job summary

HSBC Group is seeking a GCB5 Credit Risk Manager to support the HSBC Innovation Banking UK Wholesale Credit Risk Management team. You will oversee wholesale credit portfolio activity, prepare materials for senior forums, and manage ECL forecasting and governance.

The role offers hybrid working with exposure to senior management and cross‑regional risk discussions. The ideal candidate has strong credit risk experience, data literacy, and the ability to present to executives.

Qualifications

• Strong credit risk management experience.
• Understanding of IFRS9 Expected Credit Loss methodology.
• Data literacy and ability to manipulate large data sets.
• Experience preparing materials and presenting to senior stakeholders.
• Understanding of venture debt or funds lending (desirable).

Responsibilities

• Wholesale Credit portfolio oversight, reporting and analytics.
• Coordination and preparation of materials for the HSBC Innovation Banking Credit Risk Forum.
• ECL oversight, forecasting and reporting.
• Coordination and preparation of materials for the HINV Risk Impairment Forum.
• HINV Risk Appetite setting and governance.
• WCRM Policy implementation.
• Customer Risk Rating methodologies and local Model Risk Management.
• Wholesale Credit Risk Stewardship, including RCA, Issue Management and 1LoD Controls Oversight.
• Credit Approval Authority co-ordination and oversight.

Skills

Credit risk management

IFRS9 ECL

Data literacy

Senior stakeholder engagement

Venture debt knowledge (desirable)

Job description

Reporting to the Senior Director, Credit Risk, this is a GCB5 Credit Risk Manager role in the HSBC Innovation Banking UK (HINV) Wholesale Credit Risk Management (WCRM) team. The HINV WCRM team is responsible for a broad spectrum of credit activity, outside of day-to-day lending decisions. The team liaises with senior management in HINV and regional WCRM to ensure appropriate oversight of the portfolio, escalation of issues and engagement with relevant credit topics. The successful applicant will work closely with the Senior Director, Credit Risk on all aspects of WCRM. Key development benefits of this role include:

Development Benefits

• Credit Risk Knowledge - comprehensive visibility across the HINV portfolio and the varied segments in which we operate


• Bank Governance and Management - experience with the HINV risk management framework and the governance of HINV more generally


• Senior Exposure - exposure to HINV senior management and regional WCRM counterparts through the Credit Risk Forum and engagement on emerging credit issues

Responsibilities

• Wholesale Credit portfolio oversight, reporting and analytics


• Co-ordination and preparation of materials for the HINV Credit Risk Forum


• Expected Credit Loss (ECL) oversight, forecasting and reporting


• Co-ordination and preparation of materials for the HINV Risk Impairment Forum


• HINV Risk Appetite setting and governance


• WCRM Policy implementation


• Customer Risk Rating (CRR) methodologies and local Model Risk Management


• Wholesale Credit Risk Stewardship, including Risk Control Assessment (RCA), Issue Management and 1LoD Controls Oversight


• Credit Approval Authority (CAA) co-ordination and oversight

Requirements / Skills (experience) Essential

• Strong credit risk management experience
  A general understanding of IFRS9 Expected Credit Loss methodology


• Data literacy - an ability to manipulate and understand large data sets (a pure data background is not essential)


• Senior engagement - experience of preparing materials and presenting to senior stakeholders


• An understanding of venture debt or funds lending (not essential but desirable)
  Who is HSBC Innovation Banking?

HSBC Innovation Banking is the power behind the UK's forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors. Whether it's comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike. Here's to never standing still. Come and join us!, Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office, with a current requirement to be in the office 2 days per week. Being open to different points of view is important for our business and the communities we serve. At HSBC, we're dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, socio-economic background or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role. If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk via [e-mail] .