Senior Manager, Financial Institutions Credit Risk

Some career choices have more impact than others. At HSBC we exist with the purpose of Opening up a World of Opportunity.

We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity.

As an HSBC employee in Australia, you’ll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits.

Global Risk & Compliance is a specialist and expert risk management function supporting HSBC across all aspects of risk management and compliance.

We’re currently seeking a qualified individual to join the Wholesale Credit Risk team in Sydney as Senior Manager, Financial Institutions Credit Risk.

Reporting to the Head of Approvals, with a functional reporting line to the Head of Wholesale Credit Risk Management Australia & New Zealand, you’ll assess and make decisions on credit proposals for counterparties within the Institutional Credit Group.

Key responsibilities will include:

• Assessing and approving credit proposals for banks, funds, non-bank financial institutions, sovereigns and Structured Finance transactions within delegated Credit Approval Authority.
• Reviewing and making decisions on annual reviews, new-money requests, amendments and other credit matters.
• Providing independent credit guidance at both transaction and portfolio level, supporting the development and maintenance of appropriate credit appetite.
• Assessing the creditworthiness, transaction structure, risk mitigants and portfolio implications of institutional and Structured Finance exposures.
• Delivering high-quality financial analysis, risk assessments and concise recommendations to support consistent Customer Risk Rating assessments and well-informed decisions.
• Providing early, constructive credit advice on large, complex and strategically important transactions.
• Supporting the strategic growth of the Structured Finance business through timely, independent and commercially focused credit decisions.
• Identifying, monitoring and escalating credit concerns promptly and appropriately.
• Contributing to credit risk governance forums, sector reviews, Worry Watch Monitor activities and portfolio management information.
• Partnering with senior stakeholders across CIB, the Institutional Credit Group, Structured Finance, Product Management and regional and local Risk functions.
• Balancing customer and business needs with prudent credit risk management, sustainable growth and economic-profit objectives.
• Ensuring credit decisions, approval conditions, monitoring requirements and related documentation are clear, accurate and completed within service-level commitments.
• Complying with HSBC’s credit risk management framework, internal policies, procedures, control standards and applicable regulatory requirements.
• Supporting operational risk management and the implementation of audit and regulatory recommendations.
• Sharing expertise and providing coaching, mentoring and support to Risk colleagues to promote consistent credit standards across the organisation.

To be successful in the role you will need:

• Significant experience in financial institutions credit risk, wholesale credit risk or a closely related discipline, including assessment and approval of complex and material exposures.
• Strong technical capability in financial analysis, cash-flow assessment, credit structuring, risk grading and portfolio risk management.
• Demonstrated experience covering one or more of the following: banks, funds, non-bank financial institutions, sovereigns and Structured Finance.
• Strong understanding of complex and higher-value transactions, including structured finance, leveraged finance, project finance, commercial real estate or similar areas.
• Proven ability to assess counterparties, transaction structures, risk mitigants and portfolio implications.
• Sound commercial judgement and the ability to make independent, timely credit decisions within delegated authority and service-level requirements.
• Detailed knowledge of credit risk governance, internal policies, control frameworks and regulatory expectations.
• A strong focus on asset quality, loss prevention, appropriate escalation and maintaining a conservative credit culture.
• Current understanding of macroeconomic and financial-market developments, and their impact on country, sector, counterparty and product risk.
• Excellent stakeholder management and communication skills, with the ability to influence senior business and Risk leaders while maintaining independent credit judgement.
• A collaborative leadership style, with the ability to coach, mentor and share subject-matter expertise with colleagues.
• A university degree or equivalent qualification.