Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. HSBC's international network comprises around 6,600 offices in over 80 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.With listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by over 220,000 shareholders in 129 countries and territories.HSBC provides a comprehensive range of financial services to around 58 million customers through four global businesses: Retail Banking & Wealth Management; Commercial Banking; Global Banking and Markets; and Global Private Banking.The HSBC Group in Luxemburg is a significant employer and operates several businesses including asset management, securities services, private banking and corporate banking.HSBC Luxembourg has a Risk function which supports the various businesses and functions or entities in Luxembourg. In order to strengthen our Luxembourg team, we are looking to recruit a:Senior Risk ManagerPermanent contractManaged by the Country Chief Risk Officer, your role will be to maximise the effectiveness of risk management measures within HSBC Luxembourg.Role and Responsibilities:
Support the Country CRO by acting as a partner to the businesses, supporting growth, profitability, Return on capital and sustainability aspirations while retaining the appropriate risk management discipline to achieve strategic goals.
Provide lead risk management input on all risk matters pertaining to the jurisdiction other than compliance, including Credit Risk, Fiduciary Risk, Reputational Risk, Fraud Risk, Information Security Risk, Political Risk, Contingency Risk
Together with the CRO, establish and maintain the country Risk Appetite framework, Stress Testing activities (regulatory and business as usual) and Economic Capital framework.
Support activity through the establishment and maintenance of standard guidelines and best practice within the Country relating to risk management.
Contribute to the establishment of a strong governance model.
To oversee that operational processes are operating and that a robust internal control environment is in place throughout the Country, commensurate with the volume/scale of operations.
To protect the good reputation of HSBC Group and to comply with all relevant laws, codes, rules, regulations and standards of good market practice and maintain highest standard of conduct at all times. Professional Skills and Experience;
At least 5 years of experience in risk management. University-level qualifications in Banking or Audit would be an advantage
Banking experience with an understanding of banking activities, products, processes and systems
An understanding of other areas of risk e.g. credit, market.
Knowledge of regulatory environment in the financial services sector.
Exposure to an operations and a control environment, such as audit or compliance preferred.
Able to conceptualize the operational impact of business change.
Strong communication, presentation and influencing skills.
Ability to understand complex concepts.
Understanding of modelling techniques and analytics in respect of Operational Risk.
Able to cope with pressure and tight deadlines.
Excellent knowledge of Word and Excel
Fluency in English required, French and/or another European language desired. If you want to work in our challenging and multicultural environment and be part of a global team, please send your application letter and curriculum vitae (in English) to: email@example.comHSBC in Luxembourg strives for true diversity in its workforce and as such we are an equal opportunities employer and positively encourage applications from all suitably qualified candidates.Please note that due to the volume of applications received, we will acknowledge your application only if we wish to proceed to interview. If you have not received a response within 4 weeks your application has not been successful.