Senior Manager Capital Risk

TN United Kingdom; London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

Join a leading financial institution as a senior risk manager focusing on capital risk. This role involves overseeing capital risk management processes, ensuring compliance with regulations, and collaborating with various stakeholders. The position offers professional development opportunities and a competitive benefits package, including private healthcare and a contributory pension scheme.

Benefits

Private Healthcare

Enhanced Maternity and Adoption Pay

Contributory Pension Scheme

Qualifications

• Practical experience of capital risk management in a large international firm.
• Strong knowledge of capital regulations and reporting requirements.

Responsibilities

• Provide second line of defence risk stewardship for Capital Risk.
• Review and challenge key capital processes including ICAAP and regulatory reporting.
• Support oversight of Regulatory Reporting Risk for Capital.

Skills

Capital Risk Management

Regulatory Reporting

Risk Appetite Setting

Capital Stress Testing

Job description

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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. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.

This is a senior role reporting directly into the Global Head of Capital Risk.The selected candidate will be responsible for providing independent risk oversight of processes relating to capital risk management, measurement and reporting.

The role holder will work closely with the Capital Risk First Line of Defence, Regulatory Reporting and Assurance functions to ensure control design and operating effectiveness across a range of Financial and non-Financial Risk processes. This role requires a deep understanding of capital risk, in terms of both first-hand management, regulatory environment and the reporting of capital risks.

As an HSBC employee in the UK, you will 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:

• Provide second line of defence (2LOD) risk stewardship for Capital Risk, working closely with Global Treasury ensuring appropriate measurement, monitoring and management of capital.
• Provide effective review and challenge of key capital processes including, ICAAP, Capital forecasting, regulatory reporting and other capital programmes of work.
• Ownership of the Capital Risk and Control Library, including minimum control standards, with input from Risk Owners, and Control Owners, and providing guidance on continuous monitoring expectations.
• Oversight of capital risk controls, metrics and thresholds to ensure they are within the defined approved corporate standards.
• Support with the oversight of Regulatory Reporting Risk (RRR) for Capital. Regulatory Reporting Risk is the risk that reports or notifications to Regulators are not submitted, are submitted late, or are incorrect.
• Provide advice on regulatory change, including impact on internal policy, review of regulatory interpretations and how changes in the regulatory environment may impact capital risk and the control environment.
• Support the activities of the Assurance team, and review and challenge the outputs from their capital assurance activities.
• Build relationships with a diverse range of stakeholders across Risk, Global Treasury, Markets Treasury and front-line businesses.

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

• Practical experience of capital risk management within a large international firm in either the first or second line of defence.
• Strong knowledge of capital regulations and reporting requirements as well as Capital planning, Risk Appetite setting, Capital Stress Testing, ICAAP and Recovery Planning;
• Experience in reviewing regulatory change and the impact to capital policy / processes / controls / management / reporting.
• Relevant Treasury Control and assurance experience and/or experience of working within Operational Risk, Internal and External Audit
• Has developed a high level of professionalism and competency which helps to determine solutions around appropriate risk measures, risk processes, risk monitoring and management.

This role is based in London / Hybrid.

Opening up a world of opportunity

We believe that being open to a range of perspectives and cultures is vital for our business.

We work hard to ensure our diverse and inclusive workplace reflects the communities we serve. We want everyone to achieve their potential – regardless of their gender, ethnicity, disability, religion, sexual orientation or age. If you have a different way of seeing the world, we are interested in hearing from you.

HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role.

If you would like to receive any information in a different way or would like us to do anything differently to help you apply for our roles, please contact our Recruitment Helpdesk:

Email: [emailprotected]
Telephone: [phone].

Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has processes in place to avoid nepotism. This means we will avoid circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.