Wholesale Credit Risk Manager

HSBC; Kuala Lumpur; On-site; MYR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Wholesale Credit Risk Manager to join their Global Risk team. This role is pivotal in managing credit and risk aspects, ensuring compliance with the Country Risk Plan while supporting business growth. The ideal candidate will possess a strong background in credit risk management and financial analysis, with a focus on enhancing credit quality and stakeholder engagement. This position offers the opportunity to make a significant impact on the organization's success by proactively managing risks and contributing to strategic planning. If you are ready to take your career to the next level in a dynamic environment, this role is for you.

Qualifications

• Strong background in credit risk management with proven experience in financial analysis.
• Ability to navigate regulatory compliance and enhance stakeholder engagement.

Responsibilities

• Manage credit and risk aspects to meet organizational objectives and minimize losses.
• Support Relationship Managers in identifying and mitigating risks in credit proposals.

Skills

Credit Risk Management

Financial Analysis

Regulatory Compliance

Stakeholder Engagement

Education

Bachelor's Degree in Finance or related field

Professional Risk Management Certification

Tools

Risk Management Software

Data Analysis Tools

Job description

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfill your potential. Whether you aim to reach the top or explore a new direction, HSBC offers opportunities, support, and rewards to take you further.

Global Risk is a vital risk management function supporting HSBC worldwide. The team manages various risk types, including security, fraud, information security, operational, credit, pension, insurance, compliance, regulatory, market, reputation, and geopolitical risks. They use their skills, insight, and integrity to handle existing threats and emerging risks, protecting and enabling HSBC's sustainable growth.

We are currently seeking an experienced professional for the role of Wholesale Credit Risk Manager.

Principle Responsibilities:

• Support the organization in managing credit and risk aspects by ensuring HBMY/HBMS/LBU objectives are met through the implementation of the Country Risk Plan. Develop and maintain credit structures that achieve manageable credit risk levels and identify potential non-performing advances early to maximize profitability and minimize losses. Focus on supporting business growth plans and ensuring individual approvers play a meaningful role.
• This role also covers HBMS, with performance assessed based on KPIs specific to HBMS as listed in the current PLA. The job holder is also responsible for applicable Shariah risk controls.

Impact on the Business / Function:

• Contribute to the Bank’s targets by processing, evaluating, and approving credit applications promptly within own limits and recommending higher approvals when necessary.
• Promote credit quality through timely risk reviews and early detection of weak or deteriorating credits.
• Rebalance the Bank’s loan portfolio by implementing HBMY/HBMS/LBU strategies to realign new advances and resources towards growth sectors and reduce exposures to restricted or controlled sectors, ensuring compliance with the Country Risk Plan. Implement guidelines from APH Risk regarding credit quality, profitability, sectors, and procedures.
• Maintain high self-awareness during transaction approval, focusing on material items while balancing commerciality and speed.
• Support Relationship Managers by identifying and mitigating risks in credit proposals.
• Enhance credit turnaround time by proactively engaging Relationship Managers and improving CARM write-ups.
• Engage actively in growth planning by participating in pipeline meetings, whitelisting, and customer visits, fostering positive interactions.

Leadership & Teamwork:

• Contribute to the development of Relationship Managers through coaching and feedback.
• Identify opportunities for process improvements and better stakeholder engagement.
• Demonstrate a mature, independent approach to problem-solving and a strategic view aligned with organizational objectives.

Operational Effectiveness & Control:

• Enhance the effectiveness of risk control functions and minimize losses.
• Ensure full implementation of audit and control recommendations.
• Reassess operational risks regularly, considering economic, legal, regulatory, procedural, technological, and organizational changes.
• Maintain full compliance with data and MI reporting obligations (e.g., App Tracker).
• Adhere to global standards and FCC requirements.