Director, Large Corporate Special Credit Unit

HSBC; Manchester; On-site; GBP 90,000 - 120,000; Full time

Job summary

A leading global bank is seeking a Director for their Large Corporate Special Credit Unit in Manchester. The role involves safeguarding the Bank’s balance sheet, managing financial risks, and leading negotiations with stakeholders. Ideal candidates will have robust restructuring experience, strong analytical and negotiation skills, along with the ability to effectively communicate at all levels. Join a company committed to diverse and inclusive workplaces.

Qualifications

• Experience in restructuring underperforming loans.
• Significant focus on Reputational Risk and Bank integrity.
• Ability to influence key decision-makers.

Responsibilities

• Protect the Bank’s balance sheet and mitigate risks.
• Assess all relevant internal & external risks.
• Oversee or lead negotiations with key stakeholders.

Skills

Restructuring experience

Analytical skills

Strong negotiation skills

Ability to communicate effectively

Job description

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 organisations in the world, with operations in 64 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 realise their ambitions.

We are currently seeking an individual to join the team as Director, Large Corporate Special Credit Unit.

Responsibilities

• Be responsible for protecting the Bank’s balance sheet whilst safeguarding the Bank against reputational and other non-financial risks. This includes working with the First Line of Defence and Wholesale Credit Risk to identify customers that are in a state of financial stress or distress, and working together to mitigate such risks often by way of restructuring of the facilities provided and/or oversight of strategic reviews and turnarounds.
• Understanding the customer’s business (including face to face customer meetings).
• Making a full assessment of all relevant internal & external risks quickly & efficiently according to the priority level.
• Considering, creating & implementing appropriate strategies/action plans.
• Optimising facility structures.
• Minimising impairments/maximising recoveries.
• Navigating the inevitable challenges of distressed case management.
• Overseeing or leading negotiations with key stakeholders (management / lenders / shareholders / advisors) in a constructive manner, achieving consensual solutions where possible.
• Ensuring the fair treatment of our customers is at the heart of everything we do.

Qualifications

• Restructuring experience, principally restructuring underperforming loans.
• Robust credit and analytical skills with significant focus on Reputational Risk and the Bank’s integrity.
• Have the ability to assimilate information rapidly and identify key risks with the ability to achieve results through others and influence key decision makers.
• Strong negotiation skills, including the ability to exercise judgement and show evidence of being able to operate with Courageous Integrity.
• Have the ability for effective succinct internal communications both within the team and upwards to executive management, including the ability to convey messages effectively.

The role location will be Manchester, Leeds or Glasgow.

Diversity & Inclusion

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, 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:
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