avp - mss ops nfr risk assessment - Bengaluru, India - HSBC

    HSBC
    HSBC Bengaluru, India

    2 weeks ago

    HSBC background
    Permanent - temps plein
    Description

    Some careers shine brighter than others.

    If you're looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

    HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

    Why join us?

    MSS Operations NFR team is an internal risk and control management function primarily responsible for ensuring that risks within Markets Operations are managed within risk appetite. It is a global, and cross asset-class, function that works closely with Control Owners in ensuring that key controls are adequate in mitigating our material risks. The function is broadly responsible for evaluating risks, monitoring, reviewing, and testing both the design and operation of key controls, driving consistency of the internal control framework across locations where there is a Markets and Securities Services (MSS) presence, ensuring adherence to risk & control policies, reinforcing control culture and directing control awareness activities, and ensuring that Operations management are accountable for their risks and taking action on a timely basis to remediate.

    The Opportunity:

    The Risk Assessment (RA) function is a subset of the MSS NFR team and is required to manage the effective performance of the Risk Assurance reviews for MSS that forms part of the overall Operational Risk mandate.The AVP for RA will be required to ensure that these are implemented regionally in Operational Hubs or locations for which they will have accountability for.

    What you'll do:

    The RA Agenda will include, but is not limited to:

  • Administering a robust Risk Assurance plan ( mandatory reviews, thematic reviews, migration reviews)
  • Execution of the said plan for processes in the Operational Hub (or Trading Hub in scope locations).
  • Performing risk assessments on control gaps identified from walkthrough and testing performed and ensuring global adherence and consistency
  • Management of issues through various stakeholders deliberation and discussion
  • Producing all the required deliverables and reports from reviews performed
  • Establishing a culture of risk awareness
  • Participate in any emerging risk reviews identified as well as migration reviews.
    • Requirements

    What you will need to succeed in the role:

  • A degree in banking / financial / management / business administration / accounting exposure
  • A working knowledge of Global Markets/Security Services processes and trade lifecycle would be advantageous
  • Risk professional with at least 10 years' combined experience in Banking Operations/Back Office Operations, Global Markets business (FX, Fixed Income and Equities), Operational Risk, Compliance or External/Internal Audit in a banking environment
  • Subject matter expert in Operational risk and control
  • Understanding of the key control points and risk inherent in the trade lifecycle
  • Leadership skills with ability to build rapport with and relate to and effectively develop a wide range of people

    • What additional skills will be good to have?

  • Analytical mind with Excellent judgment and decision-making skills to identify exceptions in process handling.
  • Ability to drive out details and question procedures employed to deliver quality services.
  • Organised, adaptable and self-driven to achieve collective information both formally and informally from Subject Matter Experts.
  • Excellent relationship builder with strong communication and negotiation skills
  • Ability to work to tight deadlines and exacting standards.
  • Ability to present information and recommendations to senior stakeholders

    • You'll achieve more at HSBC

    HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role."