Home Invites Members Groups Events Careers Videos News Photos Blogs Polls Singles Forums Chat
Home > Career Center > Job Seekers > Job Search
Job Title: VP, Senior Operational Risk Scenarios Manager
Company Name: HSBC
Location: Arlington Heights, IL
Position Type: Full Time
Post Date: 12/12/2017
Expire Date: 01/11/2018
Job Categories: Accounting/Auditing, Finance/Economics, Financial Services, Information Technology, Installation, Maintenance, and Repair, Legal, Executive Management, Quality Control, Research & Development
Job Description
VP, Senior Operational Risk Scenarios Manager
The purpose of this role is to oversee the Operational Risk Scenario Analysis program for HSBC North America Holdings Inc.(HNAH). The primary activities of this role include executing both CCAR and capital scenarios, ensuring the scenarios are embedded in business activities, identifying ways to align the PRA, CCAR and capital methodologies and ensuring linkage between other BAU risk initiative e.g., Risk ID, RCA etc.
 
Impact on the Business/Function
 
  • Ensure robust scenario analysis that creates awareness and form key inputs into the CCAR/DFAST forecasts and capital calculation
  • Contribute to the Operational Risk Capital and Stress Testing Methodology and ensure it meets Regulatory expectations
  • Understand internal and external Global Operational Risk events and trends and ensures that are incorporated in the Scenarios where applicable
 
Customers / Stakeholders
  • Liaise with Regions and Global Businesses and provides training so that they understand the role of scenario analysis and their contribution to the process
  • Advises and challenges reporting and oversight teams to ensure that their activity is supporting the effective and consistent embedding of the Global Operational Risk.
 
Leadership & Teamwork
  • Support achievement of the HSBC vision, Values, goals and culture in personal behaviour, actions and decision making.
  • Provide technical leadership and support technical excellence by searching out external best practice, monitoring technical and professional developments, sharing knowledge and encouraging others to do the same in the best interests of HSBC and its customers.
  • Encourage and enable constructive cross-country and cross-business teamwork by demonstrating collaboration and matrix management in action and challenging actions and behaviors that are not consistent with HSBC's diversity policy and/or the best interests of the business and its customers.
 
Operational Effectiveness & Control
  • Manage the processes, infrastructure and resources needed to deliver agreed team plans and targets, identifying and implementing improvements and collaborating with colleagues to maximise end to end integration, effectiveness and efficiency.
  • Maintain a robust and efficient control environment across operational risk to ensure good operational, financial and project management and compliance with HSBC policy and procedures, together with early identification and effective resolution or escalation of issues that arise.
  • Lead the development, implementation and maintenance of a global management information, analysis and reporting framework that supports and informs timely and effective business management and decision making at all levels.
  • Lead the implementation and oversight of operational risk policy and governance frameworks, procedures, practices and standards to ensure quality, effective risk management and regulatory compliance.
 
Management of Risk
 
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 that form part of the HSBC Values and culture and adhering to HSBC risk policies and procedures, including notification and escalation of any concerns and taking required action in relation to points raised by audit and/or external regulators.
The jobholder is responsible for managing and mitigating operational risks in their day to day operations. In executing these responsibilities, the Group has adopted risk management and internal control structure referred to as the ‘Three Lines of Defence’. The jobholder should ensure they understand their position within the Three Lines of Defence, and act accordingly in line with operational risk policy, escalating in a timely manner where they are unsure of actions required.
Through the implementation the Global AML, Sanctions and ABC Policies, supporting Guidance, and Line of Business Procedures the jobholder will make informed decisions in accordance with the core principles of HSBC's Financial Crime Risk Appetite.
The following statement is only for roles with core responsibilities in Operational Risk Management (Risk Owner, Control Owner, Risk Steward, BRCM, and Operational Risk Function
The jobholder has responsibility for overseeing and ensuring that Operational risks are managed in accordance with the Group Standards Manual, Risk FIM, & relevant guidelines & standards.  The jobholder should comply with the detailed expectations and responsibilities for their core role in operational risk management through ensuring all actions take account of operational risks, and through using the Operational Risk Management Framework appropriately to manage those risks.
  This will be achieved by:
  • Continuously reassessing 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.
  • Ensuring all actions take account of the likelihood of operational risk occurring, addressing areas of concern in conjunction with Risk and relevant line colleagues, and also by ensuring that actions resulting from points raised by internal or external audits, and external regulators, are correctly implemented in a timely fashion.
 
Observation of Internal Controls
 
The jobholder will adhere to, and be able to demonstrate adherence to, internal controls and will implement the Group compliance policy by adhering to all relevant processes/procedures.
The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply. 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 following statement is only for roles with managerial or specific Compliance responsibilities
The jobholder will implement measures to contain compliance risk across the business area. This will be achieved by liaising with Compliance department about 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 optimizing relations with regulators.


HSBC is blazing the trail for African-American colleagues, check it out: https://youtu.be/NnvZ77DbfXQ

As you complete your online application, please use source code: Historically Black Colleges and Universities. If you would like to notify HSBC's Diversity Recruiting team of your application, please e-mail diversity.recruiting@us.hsbc.com.

Qualifications & Requirements





  • 8-10 years of experience in Risk or Finance


  • 2-5 years of Operational Risk experience


  • MBA or graduate degree in Finance or Economics


  • Financial Risk Manager Certificate preferred


  • CCAR experience preferred


  • Excellent written and oral communication skills

 

 

EEO/AA/Minorities/Women/Disability/Veterans
Share |
Contact Information
Company Name: HSBC
Website:http://hbcuconnect.com/resumes/?cid=61&job_id=11159701
Apply Now | Forward Job to a Friend | More Jobs From This Employer

(Advertise Here)
Who's Online
>> more | invite 
Black America Resources
100 Black Men of America
www.100blackmen.org

Black America's Political Action Committee (BAMPAC)
www.bampac.org

Black America Study
www.blackamericastudy.com

Black America Web
www.blackamericaweb.com

CNN Black In America Special
www.cnn.com/blackinamerica

NUL State of Black America Report
www.nul.org

Most Popular Bloggers
deacon ron gray has logged 561216 blog subscribers!
siebra muhammad has logged 146373 blog subscribers!
elynor moss has logged 113496 blog subscribers!
tanisha laverne grant has logged 61558 blog subscribers!
miisrael bride has logged 46067 blog subscribers!
>> more | add 
Latest Jobs
2018-2019 Teaching Opportunities with Caliber Schools with Caliber Schools in Vallejo and Richmond, CA.
Policy Enforcement Associate, YouTube with Google / YouTube in San Bruno, CA.
Operatons Specialist, Child Safety, YouTube with Google / YouTube in San Bruno, CA.
Product Manager with Google / YouTube in San Bruno, CA.
Software Engineering and Technology Jobs at Google & YouTube with Google / YouTube in San Bruno, CA.
>> more | add