Senior Wholesale Credit Risk Manager

HSBC; Kuala Lumpur; On-site; MYR 60,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Wholesale Credit Risk Manager to lead credit and risk management for its wholesale portfolio. This pivotal role focuses on achieving high credit quality standards while maximizing profitability and minimizing losses. You'll engage with stakeholders, coach Relationship Managers, and drive operational improvements. Join a dynamic team where your expertise will significantly impact the bank's success, ensuring compliance and fostering growth in key sectors. If you're passionate about risk management and eager to make a difference, this opportunity awaits you.

Qualifications

• Extensive experience in credit risk management with a focus on wholesale portfolios.
• Strong analytical skills to assess credit quality and identify risks.

Responsibilities

• Manage credit and risk for wholesale portfolios to meet business objectives.
• Promote strong underwriting standards and timely risk reviews.

Skills

Credit Risk Management

Stakeholder Engagement

Leadership

Process Improvement

Analytical Skills

Education

Bachelor's Degree in Finance or related field

Professional Risk Management Certification

Tools

Credit Approval Systems

Data Analysis Tools

Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. 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.

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management and Global Operational and Resilience Risk (ORR) is a sub function of Group Risk. Its purpose is to make sure HSBC understands, and is in control of its non-financial risk position. In addition, the function provides resilience risk stewardship to global businesses, functions and entities we operate in.

We are currently seeking an ambitious individual to join in the role of Senior Wholesale Credit Risk Manager, working together with colleagues to define, manage and achieve robust enterprise-wide risk management.

Role Purpose

Credit and risk management of the HSBC Bank (M) Berhad /HSBC Amanah (M) Berhad / Labuan Offshore Banking Unit wholesale portfolio to ensure business objectives are met in line with the Country Risk Plan and to achieve high credit quality standards and early identification of problematic accounts so as to maximise profitability and minimise losses for the Bank. There is a strong focus on enabling as well as protecting and ensuring that business objectives are met while maintaining suitable regard for underwriting standards. The role is broader than that of a traditional credit manager as there are expectations around involvement in non-transaction related activity such as stakeholder engagement, pipeline management/conversion, leadership and coaching, operational process improvements and Global Standards.

This role also covers HSBC Amanah (M) Berhad and in that regard the performance is assessed on the basis of KPIs specific to HSBC Amanah (M) Berhad as listed in the current PLA. The job holder is also accountable for applicable Shariah risk related controls.

Principal Responsibilities:

Impact on the Business / Function

• Contributes to achievement of bank targets by promoting strong underwriting standards.
• To ensure a high level of self-awareness around the transaction approval process focusing on material items while recognising that commerciality and speed to market is important.
• Re-balancing the Bank’s loan portfolio by implementing HSBC Bank (M) Berhad /HSBC Amanah (M) Berhad / Labuan Offshore Banking Unit to realign new advances and resources to the “Grow” sectors and reduce exposures to the “Restricted or Controlled” sectors ensuring compliance within the Country Risk Plan. Implementing guidelines received from APH Risk on credit quality/ issues, profitability, sectors and procedures.
• Promote credit quality through timely and forward looking risk reviews and contribute to early detection of weak/deteriorating credits.

Customers / Stakeholders

• Provides support/ guidance to the development of Relationship Manager’s by identifying and mitigating risks in credit proposals.
• Improve quality of CARM write-ups by proactively engaging Relationship Manager’s effectively enhancing credit turnaround time.
• Be fully engaged around growth plans by ensuring active dialogue in pipeline meeting, whitelisting and customer visits. Be conscious around creating positive rather than negative tension.

Leadership & Teamwork

• Contributes to the development of Relationship Manager’s through coaching/counseling by effective use of relevant appraisal schemes and continual feedback.
• Proactively identify opportunities for process improvement and for better engagement with stakeholders.
• Consistently demonstrate a mature and independent approach to problem solving and a “big picture/senior management” view on organisation objectives.

Operational Effectiveness & Control

• Contributes to the effectiveness of the risk control function and minimizes losses.
• Ensure that audit and control recommendations are implemented in full.
• Continually re-assess the Operational Risk inherent in the business by taking into account changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology.
• Full compliance with data/MI reporting obligations (e.g. App Tracker).