Job Description

Job description
Business: Wholesale Credit Risk Management [WCRM] Open positions: 1 Role Title: AVP \xe2\x80\x93 Wholesale Credit GSC\'s Global Career Band: 5 Location : Kolkata / Hyderabad / Bangalore Recruiter Name: Geetika GUPTA Why Join Us: Wholesale Credit Approval function is one of the activities within Wholesale Credit Risk Management [WCRM]. WCRM is responsible for formulating credit policies, systems and controls for the approval, management and control of wholesale credit exposures, specifically including credit assessment & approval process; monitoring & control of lending and loss prevention & recovery procedures. The Canada \xe2\x80\x93 Wholesale Credit - HYD team was set up in late 2016 at Hyderabad, India, to support HBCA WCRM and now operates from Hyderabad and Kolkata. The team performs credit approvals for relationships falling within HSBC Canada\xe2\x80\x99s Global Banking / Large Corporate and Mid-Market / Business Banking portfolio. The team is engaged in reviewing credit submissions, challenging the Relationship Manager\xe2\x80\x99s proposition where required and approving / recommending a lending position within delegated authority after suitably mitigating the Bank\'s risks. The Opportunity: The aim of this job is to contribute towards building sound quality asset portfolio and a robust credit culture while ensuring that the credit approval process remains responsive to the customer needs. The job also involves assisting the management of the centralized credit risk management function for the region in the GSC environment. What you\xe2\x80\x99ll do: The role holder will report into the VP & Team Lead, HBCA Approvals and will have the following broad responsibilities: -

• Analyse new / existing counterparties in the Commercial Banking Segment of HBCA and approve / recommend a lending position within appropriate delegated credit authority.
• Work independently on credit proposals to reach a solution in close and constructive collaboration with colleagues within WCRM CoE, WCRM HBCA and HBCA Commercial Banking Relationship teams.
• Participate in credit / risk meetings with Front Office / HBCA WCRM colleagues.
• Closely monitor risk events and be able to timely escalate to management.
• Prepare for audit, regulatory initiatives and internal projects pertaining to credit risk management.
• Represent WCRM CoE in Shared Services and New Business initiatives where required.
• Provide guidance and training to the new joiners who join offshore HBCA team from time to time.
• Flexibility to travel, if required.

Requirements
What you will need to succeed in the role:

• Academics \xe2\x80\x93 University degree in commerce/ economics/ management/ engineering. Preference will be given to the candidates holding MBA-Finance or equivalent/ CA/ ICWA/ CS/ CAIIB/ CFA etc.
• Minimum 7+ years of relevant experience in handling Large / Mid Corporate / SME Credit in a reputed Bank/ Financial Institution.
• Strong understanding of credit lending products and financial statement analysis.
• Strong analytical and technical skills, with the ability to understand and consolidate diverse and intricate business information and identify and mitigate risk issues
• Excellent communication with the capacity to lead discussion in credit approval forums, involving various senior stakeholders.
• Customer centric mind-set.
• Resilience to work under pressure to meet aggressive deadlines.

What additional skills will be good to have:

• Aligned to Group Strategy & Values, and clear understanding of how it applies to the jobholder\xe2\x80\x99s responsibilities.
• Striking a balance between stringent credit standards & competitive market pressures while taking credit calls.
• Arriving at a decision in a short timeframe while maintaining highest assessment standards.
• Defending credit decisions, even under pressure from the relationship management team to change opinion, without being inflexible.
• Must be able to work independently in a somewhat unstructured environment, but be capable of providing positive leadership, support and guidance.
• Exercise discretion in carrying out duties and be accountable for own judgment which will have an impact upon the Bank\xe2\x80\x99s bottom line.
• Routine work involves regular dialogue with colleagues in HBCA. Hence, Role Holder must be willing to work late evening hours with an indicative log off at 11.30 pm India Time. However, Role Holder must be prepared to stay longer to meet business requirements.

You\xe2\x80\x99ll 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.\xe2\x80\x9d Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website. ***Issued By HSBC Electronic Data Processing (India) Private LTD***