Senior Manager - Capital Management And Stress Testing

Hsbc Global Services Limited; Birmingham; On-site; GBP 90,000 - 140,000; Full time

Job summary

HSBC in Birmingham is seeking a Senior Manager for Capital Management and Stress Testing reporting to the Head of Stress Testing. You will own end-to-end stress test submissions, deliver regulatory stress tests to the PRA, and engage stakeholders across Treasury, Risk, Finance, and the UK business to ensure timely, well evidenced outputs.

You will drive governance, ICAAP and capital planning, translate results into actionable insights, and present key messages at HSBC UK forums.

Qualifications

• Experience leading or coordinating internal and external stress test submissions within a Treasury environment.
• Strong governance, regulatory awareness and capital planning experience.

Responsibilities

• Lead internal and external stress test submissions, ensuring timely, comprehensive and well-evidenced outputs.
• Prepare gross and net capital plans and coordinate with RRP office to articulate actions.
• Support ICAAP production and governance of Internal Capital Planning Buffer.
• Translate outputs into clear, decision-useful insight for senior stakeholders.
• Own risk ownership of STDF actuals and PRA returns, handle queries and escalations.
• Maintain operational risk controls and contribute to the HSBC UK control framework.
• Build strong cross-functional relationships across Treasury, Risk, Finance, Group and UK business.

Skills

Stress testing experience

Treasury experience

Commercial mindset

Stakeholder management

Delivery discipline

Education

Qualified accountant/ Finance/ Treasury qualification

Tools

Excel

PowerPoint

Word

TM1

CART

Saracen

Workviva

Helios

Harmony

RRIS

Job description

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential - whether you want a career that could take you to the top, or an exciting new direction, we offer opportunities, support and rewards that will take you further.

We’re one of the largest banking and financial services organisations in the world, with a network that covers more than 50 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people fulfil their hopes and realise their ambitions.

We are currently seeking an individual to join the team as Senior Manager Capital Management and Stress Testing reporting into the Head of Stress Testing.

This role offers a broad range of responsibilities and the opportunity to make a meaningful contribution to key stress testing deliverables and decision-making.

The role involves leading HSBC UK’s internal and external stress testing submissions, including delivery of regulatory stress tests to the Prudential Regulation Authority (PRA).

You’ll own the end-to-end execution approach within CM&ST, proactively engaging stakeholders across Treasury, Risk, Finance, the UK business and Group ensuring cohesive planning, high-quality outputs, and timely submissions are taken through senior levels of governance.

You’ll also represent HSBC UK in Group-wide working groups, driving outcomes and providing robust challenge through strong stakeholder management.

As an HSBC employee in the UK, you’ll have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role, you will: -

• Lead internal and external stress test delivery: Lead the end-to-end planning and execution of HSBC UK stress testing activity (internal and external), ensuring submissions are timely, complete, well-evidenced and robustly challenged through the appropriate governance.
• Capital plans: Prepare gross and net capital plans and coordinate with RRP office to select management actions clearly articulating the rationale.
• ICAAP and Internal Capital Planning Buffer: Support the production and ongoing maintenance of HSBC UK’s ICAAP, with a particular focus on the calculation, and governance of the Internal Capital Planning Buffer.
• Insightful, value-add analysis and governance: Translate stress testing and capital outputs into clear, decision-useful insight, incorporate regulatory change, identifying portfolio vulnerabilities and key risk concentrations to inform strategy, dividend generation capacity, pricing under stress and risk appetite. Produce concise, well-evidenced packs and governance papers, and present key messages, drivers and recommended actions at relevant HSBC UK forums.
• Regulatory engagement: Own the risk ownership of STDF actuals and annual returns submission to the PRA and manage associated queries, Dear CFO letters and Harmony escalations.
• Risk Management: Continually reassess the operational risks, own the RCAs, compliance with BCBS, Helios controls and responsible for HSBC UK Control framework.
• Cross-functional collaboration: Build and maintain strong, proactive relationships across Treasury, Risk, Finance, Group and the UK business to align expectations, inputs and timelines, and to resolve issues quickly. Remain flexible to support the wider capital agenda, contributing to related deliverables and ad hoc analysis as required.

To be successful in this role you should meet the following requirements: -

• Stress testing and Treasury experience: Demonstrable experience leading or coordinating internal and external stress test submissions within a Treasury environment, with strong knowledge of capital management, liquidity, recovery planning, governance and regulatory expectations.
• Commercial mindset and Problem solving: Commercially minded with experience in a commercial or business partnering role to hold confident credible conversations, review and challenge outputs, and translate technical stress testing topics into simple/ clear business implications, actions and decisions. Ability to navigate ambiguity, prioritise effectively and keep delivery moving at pace.
• Strong stakeholder management: Builds effective relationships and delivers through influence across matrixed stakeholder groups.
• Produce and present high-quality outputs: Proven ability to produce high-quality governance materials for senior audiences and communicate complex outputs clearly and concisely to senior and non-technical stakeholders.
• Delivery discipline and control mindset: Strong planning, tracking and reporting capability (run books, RAID, milestones). Understand risk management and control frameworks.
• Tools: Strong Microsoft Office skills (Excel, PowerPoint, Word); MI systems (TM1, CART, Saracen), working knowledge of Workviva, Helios, Harmony, RRIS.
• Qualified accountant/ Finance/ Treasury qualification (or equivalent experience): ACA, ACCA, CIMA, CFA, ACT, CertBalm or qualified by experience

Opening up a world of opportunity.

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. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.
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.

Senior Manager - Capital Management and Stress Testing Birmingham, GB