Asst Vice President

HSBC Holdings plc; Bengaluru; On-site; INR 3,000,000 - 5,400,000; Full time

Job summary

HSBC Holdings plc in Bengaluru invites an experienced professional for the role of Assistant Vice President in Balanced Risk Decisions and Recommendations for HBUS - GBLC (Corporate & FIG). You will contribute to building a sound credit portfolio and maintain high-quality lending standards.

The role requires deep credit risk expertise, leadership, and the ability to navigate regulatory requirements while delivering timely, well-reasoned proposals to senior management across geographies.

Qualifications

• Academics – University degree in commerce/ economics/ management/ engineering. Preference will be given to the candidates holding MBA-Finance or equivalent/ CA/ ICWA/ CS/ CAIIB/ CFA etc.
• Experience – 7+ years of relevant experience in LC/GB/Corporate/SME segment in a reputed Bank/ Financial Institution.
• Strong understanding of financial statement analysis and credit lending products

Responsibilities

• To contribute to the credit approval process by delivering timely and well-balanced risk approvals / recommendations in HBUS-GBLC portfolio (Corporate and FIG) within agreed Service Level Agreement.
• The role is to foster and encourage a sound common credit culture and to avoid undue risk concentrations, with the aim of ensuring a sustainable high quality lending portfolio.
• In carrying out these duties, the jobholder must be fully aware of the need to meet customer requirements and the overall effect of the marketplace on the credit process.
• To ensure regular up-scaling of own knowledge, capabilities, and responsibilities of coaching and mentoring colleagues.
• Credit standards issued by internal Credit policies & guidance must be always followed. Appropriate guidance and directions to be provided to the coverage Regions & Centres.

Skills

Credit risk assessment

Leadership

Stakeholder engagement

Decision making under pressure

Education

University degree in commerce/ economics/ management/ engineering

MBA-Finance or CA/ ICWA/ CS/ CAIIB/ CFA

Job description

Job Title: Asst Vice President

The aim of this role is to undertake Balanced Risk Decisions and Recommendations for HBUS - GBLC segment (Corporate & FIG) ensure that WCRM:-

• Contribute towards building sound quality asset portfolio.
• Participates in the maintenance of a stable lending portfolio within Group and HBUS – GBLC (Corporate & FIG) policy objectives.
• Maintains appropriate credit standards in the approval and control of lending.

In this role, you will:

Business

• To contribute to the credit approval process by delivering timely and well-balanced risk approvals / recommendations in HBUS-GBLC portfolio (Corporate and FIG) within agreed Service Level Agreement.
• The role is to foster and encourage a sound common credit culture and to avoid undue risk concentrations, with the aim of ensuring a sustainable high quality lending portfolio. Understand and monitor risk profile and able to timely elevate to management. Enhancing quality by providing concise / clear / pertinent decision and recommendations.
• In carrying out these duties, the jobholder must be fully aware of the need to meet customer requirements and the overall effect of the marketplace on the credit process.
• To ensure regular up-scaling of own knowledge, capabilities, and responsibilities of coaching and mentoring colleagues.
• Credit standards issued by internal Credit policies & guidance must be always followed. Appropriate guidance and directions to be provided to the coverage Regions & Centres.
• Must also be prepared to stand firm despite heavy pressure to change opinion, albeit must not be totally inflexible. Must strive towards a balanced risk-based approach not exposing the HSBC Group to unnecessary risk.
• In summary, the prime objective is to ensure that an appropriate balance is achieved between developing the quality business, maintaining a well-balanced book as to risk, ensuring credit standards are observed and at the same time being fully responsive to the needs of customers and the marketplace.
• The job holder is granted a Credit Approval Authority in due course depending on the market they are associated with and must ensure understanding of all relevant limitations and policies, and Approval Authority Matrix & the guidance notes regarding the use of these, prior to exercising this authority.
• Understand and adhere to both the letter and the spirit of all laws, regulations and regulatory guidance that apply to an individual's role, promptly reporting any breaches in accordance with local procedures.
• To ensure all regulatory requirements are enacted as ‘business as usual’.
• To contribute to the profitability of the HSBC Group and minimize loan losses.
• The post requires determination/discipline/diplomacy skills to persuade network colleagues of the jobholder’s views.
• Must be able to work independently on credit proposals and capable of providing appropriate solution, judgment, support, and guidance.

Customers and Stakeholders

• Ensure the fair treatment of colleagues and customers (both internal and external) by consistently operating and behaving in accordance with HSBC’s values and business principle/policies.
• To support growth opportunities and create/promote a superior/consistent customer service that benefits HSBC reputation and performance.
• All communications and decisions must be timely delivered with professionalism and empathy, earning respect of the business line, and adding value where appropriate.
• Develop & improve engagement with the respective Business Area in a sustainable and compliant manner. Act as a point of referral for advice and guidance on credit issues of the Business teams.
• Assist the line manager in ensuring uninterrupted business operations and delivering flagship projects. Lead and participate in various business projects, Data Governance, and periodic credit reporting as required.
• Prepare for audit, regulatory initiatives and internal projects pertaining to credit risk management.

Internal control environment

• To maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.

Leadership & Teamwork

• Create a competitive advantage through a strong culture, contribute to make HSBC an attractive workplace, demonstrate consistent behaviours that align to the brand values.
• Delivering effectively, manage conflicting responsibilities, maintain positive working relationships, share knowledge, experience & ideas and build healthy professional relationship with colleagues. Also, possess and share geographical knowledge to wider team.
• A team player with good time management skills, be motivated and responsive to the needs of the organization and contribute towards employee engagement.
• Should be able to formally and informally mentor new joiners and support other team members on their queries.
• Lead and participate in the CoE & local GSC activities.

To be successful you will:

Functional Knowledge

Academic qualification and Skills Required:

• Academics – University degree in commerce/ economics/ management/ engineering. Preference will be given to the candidates holding MBA-Finance or equivalent/ CA/ ICWA/ CS/ CAIIB/ CFA etc.
• Experience – 7+ years of relevant experience in LC/GB/Corporate/SME segment in a reputed Bank/ Financial Institution.
• Strong understanding of financial statement analysis and credit lending products

Additional skills/Certifications required

• Thorough understanding of Group Lending Guidelines as well as various corporate banking and treasury products, familiarity with other specialised lending areas as well as the latest financing structures in the market.
• Proven direct experience in handling complex and challenging proposal independently.
• Strong analytical and technical skills, with the ability to understand, interpret and consolidate diverse and intricate business information, identify and mitigate risk issues, and arrive at meaningful conclusions.
• Eye for conducting detailed diligence given the complexities involved, and at the same time be change-oriented given the evolving market and nature of the transactions.
• Capacity to maintain strong constructive relationships with Area Risk Teams, Business Team Heads, and relationship teams. Capable of providing real time advice and guidance on credit to the business teams.
• Capacity to cope with pressure and tight deadlines given the time critical nature of the deals.
• Excellent communication and leadership skills, with the capacity to lead discussion and credit approval forums, involving various senior stakeholders from multiple functions and geographies.
• Should have the capability & flexibility to switch roles within Wholesale Credit Risk Management in various functions & geographies at short notice if needed.
• Role holders must be in grips with US Regulatory requirements as applicable to lending relationships.
• Routine work involves regular dialogue with colleagues in HSBC US. Hence, Role Holders must be willing to work late evening hours with an indicative log off at 11.30 pm India Time. However, Role Holders must be prepared to stay longer to meet business requirements.
• Flexibility to travel, if required.

Eligibility:

• Applicants must have successfully completed their probation period.
• All applicants must have a minimum Performance Rating of “Good” and Behaviour Rating of at least “Strong” in the last two appraisals.
• All applicants should inform their respective Line Managers prior to submission of their application.
• Application form should be submitted together with updated CV.
• Right to work at the location is required. Local employment rulings and restrictions will apply

hsbc.com/careers
You’ll achieve more at HSBC

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

***Issued By HSBC Electronic Data Processing (India) Private LTD***