Group Entity : Wholesale Credit Risk (WCR), UK Role Title : Technical Checking Officer - Wholesale Credit Risk UK Business/Function & Location : Business Management Team - Wholesale Credit Risk, UK Role Purpose : The aim of the job holder will be to undertake technical checks to ensure the technical accuracy of the CARM applications. Advising Risk Officers whether the application is either technically correct, or advising of the technical errors identified and any suggested resubmission comments. The jobholder shall have the following responsibilities : - To ensure data accuracy and good housekeeping within Browser Main Menu and CARM to manage the Risk Weighted Assets (RWAs) in our portfolio from which the capital requirement of CMB is calculated - Coordinating with Support Officers and Risk Officers to maintain stable flow of work - Accurately capturing data to identify the common technical errors and suggest possible ways to reduce them - Management of the technical checking workflow to ensure efficient operation of the unit and adherence of SLA - Identifying any bottlenecks in the process and suggesting the best possible solution Principal Accountabilities: Key activities and decision making areas : 1. Impact on the Business/Function - To contribute to the technical checking process. - Deliver timely and accurate technical check observations to the Risk Officers and adding value where appropriate. Typical Targets and Measures : - By completing technical checks timely and communicating observations to the whether the application is either technically correct, or advising of the technical errors identified and any suggested resubmission comments - Maintain HSBC internal control standards and follow CMB Credit & Risk Internal Procedures. Review all checks in awareness of credit policy, procedures and guidance given. 2. Customer - To be a strategic partner, support opportunities for growth, encourage a mindset of connectivity and create a superior customer service. - To continually consider the - Treating Customers Fairly- principles of the Financial Conduct Authority and Prudential Regulation Authority. Typical Targets and Measures : - By considering fairness in all aspects of strategy, processes and administration - Demonstration of - strong- behaviours as per the - Values-Aligned Behaviour Assessment Guide- . - Observations and feedback from stakeholders. 3. Teamwork - Create a competitive advantage through a strong culture, contributing to making HSBC an attractive place for talented people, achieving consistent behaviours that will leverage the HSBC network and align to the brand values. - Maintain positive working relationships, share knowledge, experience & ideas and build healthy professional relationship with colleagues. Typical Targets and Measures : - Take up challenges, demonstrate strong performance. - Be proactive in taking up additional tasks / project work whilst continuing to do justice to the core responsibilities. - Contribute towards increasing engagement levels within the team. 4. Operational Effectiveness & Control - Understand and adhere to both the letter and the spirit of all laws, regulations and regulatory guidance that apply to an individual's role, promptly reporting any breaches in accordance with local procedures. - To ensure all regulatory requirements are enacted as - business as usual- Typical Targets and Measures : - Knowledge & understanding of sound credit practices/regulatory requirements and their transition into meaningful policies/standards that align to the - Simplify- agenda. - By complying with all FCA & PRA rules and regulations in a practical and commercial manner. - By addressing any areas of concern in conjunction with line management and/or the appropriate department. Major Challenges : - To ensure data accuracy and good housekeeping within Browser Main Menu and CARM to manage the Risk Weighted Assets (RWAs) in our portfolio enhancing quality by providing concise/clear/pertinent action/recommendations. - The post requires determination/discipline/technical skills in order to perform in line with the job expectations. - Must be able to work independently in a somewhat unstructured environment, but be capable of providing clear communication, support and guidance on technical matters. Role Context : - Perform technical checks to ensure the technical accuracy of the CARM applications. Advising Risk Officers whether the application is either technically correct, or advising of the technical errors identified and any suggested resubmission comments. - At all times, technical accuracy, as issued by Credit FIM, BIM and various guidelines issued from time to time must be followed. - In fulfilling these objectives, there is a need to provide direction and guidance based on the overall technical checking findings to the Regions, Centres, Relationship Managers and support officers. Management of Risk (Operational Risk / FIM requirements) : - The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation. This will be achieved by consistently displaying the behaviours required to support the HSBC Values and Principles of Dependable, Open & Connected and acting with Courageous Integrity. - The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. - To abide by the Group Compliance Policy by containing compliance risk in conjunction with the relevant Compliance Department. The term compliance embraces all relevant laws, rules and codes with which the business has to apply. - This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring. Also by addressing any areas of concern in conjunction with line management and/or the appropriate department. Observation of Internal Controls (Compliance Policy / FIM requirements) : - The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators. - The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term compliance embraces all relevant financial services laws, rules and codes with which the business has to comply. This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators. Role Dimensions : - No budgetary control is exercised by the jobholder. Knowledge & Experience / Qualifications : Academics : University degree in commerce/ economics/ management/ engineering. Preference will be given to the candidates holding MBA/ CA/ ICWA/ CS/ CAIIB/ CFA etc. Experience : preferably 1+ years of banking experience - Basic understanding of various commercial banking and treasury products, familiarity with security / collateral structures in the bank. - Eye for conducting detailed diligence given the complexities involved. - Capacity to maintain strong constructive relationships with onshore and offshore approval teams. - Capacity to cope with pressure and tight deadlines given the time critical nature of the deals. - Excellent communication skills. - Thorough knowledge of MS-Excel. - Should have the capability & flexibility to switch roles within Wholesale Credit Risk in various functions & geographies at short notice if needed. Would prefer women joining back the workforce

Kolkata

HSBC - Technical Checking Officer - Wholesale Credit Risk 

HSBC - Technical Checking Officer - Wholesale Credit Risk  ,Job Description for HSBC - Technical Checking Officer - Wholesale Credit Risk  in HSBC in  Kolkata for (3-7) years of experience. Apply Now!

Job Description for HSBC - Technical Checking Officer - Wholesale Credit Risk  in HSBC in  Kolkata for (3-7) years of experience. Apply Now!