Global Trade and Receivables Finance Transaction Risk Manager
Location: New York, New York
Internal Number: 847412
GTRF is a key strategic business for the HSBC Group under CMB and its history is mixed with almost 150 years of Group history.
Today, we are the largest international trade bank, with an unrivalled global presence and access to over 90 per cent of the world's global capital flows. GTRF provides trade finance and risk mitigation solutions to customers all over the world, from SMEs through to large corporates and multinationals. GTRF provides the services and financing our clients need throughout the trade cycle, from the tender process and issuance of a payment order, through to shipment and sales fulfilment. We cover various industries including commodities, global sourcing, technology and infrastructure. HSBC offers over 100 trade and receivables products.
Assisting key stakeholders in achieving CMB strategy and objectives
Ability to apply knowledge and experience in providing practical, workable proposals / recommendations to credit and operational situations, optimising the use of GTRF products to provide a customer centric solution which appropriately manages the bank's credit risk on New New Monies, New Monies and Renewal applications.
Provide support and guidance to Key Stakeholders on facility structure, policy and procedure.
Assist in the oversight of the GTRF portfolio, assessing appropriate use of products and structures, adherence to credit / global policies & procedures and seeking to achieve positive outcomes in distressed lending situations.
Ensuring the maintenance of a stable lending portfolio within policy objectives through the monitoring of high risk or poor performing assets
Manage and support proposals that control operational risk and assess reasons for operational failures that have given rise to potential operational losses, making appropriate recommendations for change in policy and procedure.
Reviewing and advising on policy, product and operational changes to maintain the integrity of the GTRF proposition / book, including revisions in FIM/BIM and local operating procedures.
Review and approve requests for exceptions (as appropriate) to product guidelines, with accountability for agreements / recommendations within authorisation limits
Contribute to the identification of areas for improvement in the monitoring and management of relationships who use GTRF facilities and implementation of amended procedures
To continually reassess the operational risks associated with the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, business reorganisations and the impact of new technology
To continually reassess the reputational risks associated with the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, business reorganisations and the impact of new technology
To continually review the Financial Crime risks of the products and our customers, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, business reorganisations and the impact of new technology
Ensure that in all situations our Treating Customers Fairly principals are at the center of our activity.
Positively contribute to the development of self and others.
Develop Professional Relationships that support our risk management objectives
HSBC was born from one small idea: a local bank serving international needs. We started our business in Hong Kong in 1865. In 2015, HSBC celebrates its 150th year anniversary. Over the years, HSBC grew through expanding its branch network, offering new products and establishing its own investment banking arm.
We aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and ultimately helping people fulfill their hopes and realize their ambitions.
• Located in 72 countries and territories
• Serving around 48 million customers
• Supported by over 268,000* people
• Head office in US is New York City
We aim to be dependable, open and connected in everything we do. We want to ensure that our employees feel able to stand up for what is right, highlight potential risks and act with integrity, even when faced with pressure to act otherwise. By doing so, we will be able to meet expectations of society, customers, regulators and investors. To make sure everybody at HSBC lives up to these values, they are a part of everyone's annual performance review.
At HSBC, you will find that we are dependable, o...pen to different ideas and cultures, and connected to customers, communities, regulators and each other. Our culture has a family feel to it – our employees are encouraged to work together to reach a common goal. This idea is supported and encouraged at the leadership level and passed down.
Our size and global reach mean more opportunities for you to grow your career with us.
We are looking for forward-thinking, driven, perceptive candidates to help our customers realise their hopes, dreams and ambitions.
This means people who are dependable, open to different ideas and cultures, and enjoy being part of a team; people who have the potential to become the future leaders of HSBC.
We encourage you to drive your own development and build your network within your office and around the world.
We provide the opportunities for you to connect with customers, colleagues and the communities in which we operate.