Vice President Retail Credit Risk Appetite, Reporting and Strategy

The Hongkong and Shanghai Banking Corporation Limited (HSBC); Taguig; On-site; PHP 3,000,000 - 5,000,000; Full time

Job summary

HSBC Philippines is seeking an experienced professional to join our team as VP Retail Credit Risk Appetite, Reporting and Strategy. The role focuses on designing and delivering analytics and risk MI for the retail lending portfolio to optimize profitability and asset quality across the credit cycle.

You will collaborate with Risk, Business and Finance leaders to shape strategic planning, monitor external conditions, contribute to stress testing, and drive automation and robust governance of risk

Qualifications

• Strong analytical skills and ability to translate data into practical recommendations.
• Confident communicator, able to influence and present effectively to senior stakeholders and regional counterparts.
• Relevant experience in credit/risk, portfolio analytics, reporting or banking/financial services.

Responsibilities

• Deliver accurate, relevant and timely risk MI across Retail lending products to monitor asset quality and optimise profitability throughout the credit cycle.
• Develop and apply decisioning analytics to strengthen risk strategies, factoring in current and forward-looking economic, industry and regulatory trends.
• Steer the development and maintenance of key risk strategy documentation, tracking performance against risk appetite and supporting governance.
• Act as the local lead for the Retail Risk stress testing models, partnering with Regional Risk on appropriate parameters, triggers and caps.
• Proactively monitor external developments (economic, regulatory, competitive) and provide clear updates to Senior Risk Management.
• Design and maintain risk databases and support processing/system enhancements to improve data quality and insight.
• Present analysis and recommendations to stakeholders and senior management (including CRCO, Head of IWPB and CEO) and regional counterparts.
• Lead and develop the Risk Reporting team while driving automation, strong controls and effective operational risk management.

Skills

Analytical skills

Stakeholder communication

Credit risk analytics

Banking experience

Job description

Some careers shine brighter than others.

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 simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of VP Retail Credit Risk Appetite, Reporting and Strategy.

Role Purpose

The role is responsible for the design and delivery of analytics and risk assessment MI of the retail lending portfolios, with the underlying goal of optimizing profitability and asset quality across the credit cycle. He/ she must possess an adept knowledge of the different lending products and will be challenged to drive the development of analytics and performance monitoring KPIs that are timely, relevant, and are shaped to allow for enhanced senior management decision-making. Such information will serve as the main feedback mechanism for all risk-related processes and criteria set throughout the credit risk management cycle -- from acquisition through account management, collections and recoveries.

In addition, the jobholder is expected to work closely with senior stakeholders across Risk, Business and Finance to shape strategic planning, strengthen monitoring of external + internal conditions, and contribute to stress testing activities that aligns to HSBC's risk appetite and regulatory expectations.

Principal Accountabilities

• Deliver accurate, relevant and timely risk MI across Retail lending products to monitor asset quality and optimise profitability throughout the credit cycle.
• Develop and apply decisioning analytics to strengthen risk strategies, factoring in current and forward-looking economic, industry and regulatory trends.
• Steer the development and maintenance of key risk strategy documentation, tracking performance against risk appetite and supporting governance.
• Act as the local lead for the Retail Risk stress testing models, partnering with Regional Risk on appropriate parameters, triggers and caps.
• Proactively monitor external developments (economic, regulatory, competitive) and provide clear updates to Senior Risk Management.
• Design and maintain risk databases and support processing/system enhancements to improve data quality and insight.
• Present analysis and recommendations to stakeholders and senior management (including CRCO, Head of IWPB and CEO) and regional counterparts.
• Lead and develop the Risk Reporting team while driving automation, strong controls and effective operational risk management.

Qualifications

• Strong analytical skills, lateral thinking and the ability to translate complex data into practical recommendations
• Confident communicator, able to influence and present effectively to senior stakeholders and regional counterparts
• Relevant experience in credit/risk, portfolio analytics, reporting or banking/financial services.
• Preferably with experience in Cards/Loans operations and data systems

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

You’ll achieve more when you join HSBC.

www.hsbc.com/careers

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Issued by Hong Kong and Shanghai Banking Corporation Limited Philippines