Overview
Role Purpose:
The Investment Banking (IB) business within Global Banking brings together Debt Capital Markets, Equity Capital Markets, Leveraged & Acquisition Finance, Strategic Equity Finance, Corporate Risk Solutions, Strategic Solutions Group (SSG) and Advisory & Investment Banking Coverage (AIBC), including Mergers & Acquisitions (M&A).
Your responsibilities will include:
– Oversight of Non-financial risk across multiple Investment Banking products and ensuring day to day operations include these. Demonstrating compliance with all applicable policies, laws and regulations, whilst ensuring compliance with regulatory mandated local variances and managing regulatory.
– Act as a nodal point for NFR related activity across different product categories.
– Facilitate the scoping and performing risk and control assessments, identification of control weaknesses and their remediation plans
– Interpret Non-financial risk data and trends to identify thematic risks, associated issues for the business and their mitigation progress. Identify trends to anticipate emerging risks that the business should take action on.
– Engage with the first line stakeholders, second line risk stewards as well as third line audit function to align overall Non-financial risk status for the business.
– Drive remediation of audit actions, regulatory issues and any other issues whether identified by management, CCO activities or Risk Steward reviews.
– Ensuring ongoing effectiveness of New Product due diligence and post implementation approval processes whilst maintaining an accurate and robust product inventory suitable for HSBC’s customer base thus negating the impact of a conduct risks transpiring through miss selling scenarios.
– Actively challenge poor, inefficient or excessive controls, related tasks and behaviors.
– Supports the adoption of globally consistent policies, procedures and practices.
– Facilitates the provision of timely and insightful supervisory frameworks and metrics (KRIs/KPIs) based on globally consistent metrics
– Working across global, regional and country colleagues to build a collaborative culture that drives continuous improvement, business innovation whilst constructively challenging outdated and inefficient practices.