Vice President, Asset Liability and Capital Management - HSBC Life

HSBC; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

HSBC is seeking a highly qualified Vice President to lead capital and liquidity management efforts, including analytics support for financial decisions. This dynamic role involves close collaboration with multiple teams to ensure compliance and drive effective financial strategies. Ideal candidates will possess strong analytical skills and experience in finance, accompanied by the ability to foster stakeholder relationships in a fast-paced environment.

Qualifications

• Experience in financial risk management and capital management activities.
• Strong analytical skills and experience supporting ALCO functions.
• Ability to liaise and coordinate effectively within teams.

Responsibilities

• Support capital management activities including capital injections and dividends.
• Assist in liquidity management and perform analytics related to earnings.
• Organize ALCO meetings and ensure compliance with regulations.

Skills

Analytics

Capital Management

Liquidity Management

Stakeholder Communication

Education

Relevant degree in Finance or related field

Job description

Some careers grow faster than others.

If you’re looking for a career that offers many opportunities for development, join HSBC and unlock a future full of potential. Whether aiming for the top or exploring a new direction, HSBC provides opportunities, support, and rewards to help you advance.

HSBC Life in Singapore combines AXA Singapore and HSBC Insurance, allowing specialization in insurance while benefiting from being part of a leading global bank.

Insurance is about people and the promises they make. At HSBC Life in Singapore, we fulfill these promises by offering a wide range of life insurance products and services across Asia-Pacific. Our dynamic workplace fosters innovation and career growth, empowering our team to build skills and explore new experiences within a high-growth segment.

We focus on efficient work practices, leveraging data and technology to deliver meaningful outcomes for clients. Our protection solutions aim to create lasting impacts, helping clients lead healthier, more productive, and confident lives.

We are seeking a high-caliber professional for the role of Vice President.

Principal Responsibilities

The VP, ALCM supports activities related to capital and liquidity management, including analytics for earnings and capital for ALCO deliberations. The role also involves serving as the secretariat for the Asset-Liability Committee (ALCO), organizing meetings, coordinating with teams, and preparing minutes.

• Support capital management activities such as capital injections, dividends, and reductions.
• Assist in liquidity management, monitoring liquidity positions, stress testing, and optimizing cash management across portfolios.
• Perform analytics related to earnings, capital, and product profitability to support ALCO functions.
• Ensure ALCO issues are monitored and controlled through effective meetings and documentation.
• Organize ALCO meetings, ensuring timely submission of materials.
• Maintain accurate minutes and follow-up on action items and decisions.
• Liaise with Finance, Actuarial, Risk, Investment, and ALM teams for comprehensive preparation.
• Coordinate with Group Insurance and bank finance teams on capital management.
• Maintain strong stakeholder relationships and ensure clear communication on ALCO topics.
• Foster collaboration and ensure timely submission of papers and materials.
• Ensure compliance with policies, risk limits, and regulations.
• Provide updates on ALCO topics to stakeholders.
• Conduct stress testing and manage risks related to capital and liquidity.
• Oversee financial risk management, including risk appetite and impact evaluations.
• Enhance economic profit by improving net profits and promoting efficiency.