Senior Vice President, Wholesale Credit Risk - HSBC

HSBC; Singapore; On-site; SGD 150,000 - 230,000; Full time

Job summary

A leading global bank in Singapore is seeking a Senior Vice President for Wholesale Credit Risk. This role involves reviewing credit decisions, promoting customer service, and ensuring compliance with lending guidelines. Ideal candidates will have extensive experience in Corporate Banking and Credit Risk Management, alongside a degree in a relevant discipline.

Qualifications

• Extensive experience at a senior level in Corporate/Commercial Banking/Credit Risk Management.
• High degree of analytical skills and industry knowledge.
• Ability to work efficiently under tight timescales.

Responsibilities

• Review and approve credit decisions for Corporate & Institutional Banking.
• Promote high level of customer service.
• Identify deterioration in credits and manage emerging risks.
• Ensure compliance with lending guidelines and regulatory requirements.

Skills

Analytical skills

Communication skills

Credit Risk Management

Corporate Banking Knowledge

Education

Degree in Banking, Finance, Business Administration, Accountancy or related discipline

Job description

Overview

Some careers have more impact than others.

If you're looking for a role where you can continue to make an impression, take the next step at HSBC where your contributions will always be valued.

This function brings together distinct specialisms to drive greater connectivity in how we manage engagement with key stakeholders for HSBC. Finance teams provide the bank with internal and external financial reporting, forecasting, controls oversight, and stress testing expertise. Specialist areas also manage HSBC's worldwide tax affairs, group treasury needs, and events for investors and analysts. Sustainability teams lead the bank's work to support sustainable growth in a global economy, including an ambitious plan to prioritise financing that supports the transition to net zero. Group External Communications teams - including colleagues from Media Relations, ESG Communications and Group Reputation - deliver communication strategies that support HSBC's strategic objectives, protect our reputation and build trust among our stakeholders.

We are currently seeking a high calibre professional to join our team as a Senior Vice President, Wholesale Credit Risk.

Responsibilities

In this role you will:

• Review and approve new, increase and renewal of Corporate & Institutional Banking credits according to delegated authority and to deliver credit decisions within commercially competitive timeframes
• Promote high level of customer service and support Corporate & Institutional Banking business growth in pursuit of HSBC's strategy
• Promote strong asset quality in the Corporate & Institutional Banking portfolio
• Identify deterioration in Corporate & Institutional Banking credits through independent reviews, foster no surprises culture by early detection and management of emerging risks, including but not limited to financial and non-financial risks (including fraud and operational), and thus, minimize credit losses
• Review new product papers originating from Corporate & Institutional Banking
• Perform regular and ad hoc portfolio reviews and stress testing
• Ensure compliance with area and group's lending guidelines, audit and regulatory requirements
• Champion or contribute suggestions to improve operational efficiency of the department

Qualifications

To be successful you will need:

• Extensive experience at a senior level in Corporate/Commercial Banking/Credit Risk Management, analysing corporate credit including quantitative analysis, credit approvals, undertaking risk identification on a customer and portfolio basis, conducting sector/industry reviews and risk management coaching. The job demands a high degree of analytical skills and industry knowledge and the ability to work efficiently and independently within tight timescales commensurate to the competitive business environment
• Degree holder in Banking, Finance, Business Administration, Accountancy or related discipline
• Sufficient knowledge of corporate banking products
• Excellent communication and analytical skills

Opening up a world of opportunity
www.hsbc.com/careers

HSBC is 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. 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 The Hongkong and Shanghai Banking Corporation Limited.