Job Description

Job description Business: WPB - Global Insurance Open positions:02 Role Title : First Line Risk Manager GSC\'s Global Career Band: 6 Location: Hyderabad Recruiter Name: Sunny Dogra Why join us Wealth and Personal Banking (WPB) serves millions of customers worldwide with a complete range of banking and wealth management services to enable them to manage their finances and protect and build their financial futures. It is a global business that brings together management responsibility for WPB, Insurance and Asset Management with a focus on customer-centric propositions and innovative and efficient distribution channels. The Global Insurance business is a core business line within WPB, a material contributor to WPB revenue and profits from insurance manufacturing entities as well as revenue from insurance partnerships. Global Insurance is a targeted growth area of WPB and recent strategic initiatives involve the diversification of the portfolio, in particular increasing insurance-owned distribution channels. The Opportunity: We are currently seeking a high caliber professional to join our new Non-Financial Risk (NFR) Centre of Excellence (CoE). The NFR team, through providing operational risk and control expertise, plays an important role in enabling the business to operate within its risk appetite, by ensuring efficient and effective risk and control management, material issue/event management, and promoting a proactive risk management culture across the business. The First Line Risk Manager will be a key resource within Global Insurance, based in Hyderabad and part of a new Centre of Excellence, established, and designed to streamline and deliver operational efficiencies across the Global Insurance NFR function. The role holder will primarily be responsible for identifying, assessing, and proactively managing/mitigating non-financial risks across Global Insurance, both supporting the global and local (entity) teams, to ensure the business stays within its risk appetite and adheres to HSBC\'s global policies, procedures, and framework requirements. What you\'ll do: Support Insurance Entities (Manufacturing and Non-Manufacturing) in their assessment and documentation of Non-Financial Risks (NFRs), including Risk & Control Assessments (RCAs), issue management, event management, and control monitoring. Trigger event management. Helios administration and data quality. Support with NFR and Conduct Impact Assessments across Global Insurance change initiatives. Supporting control improvement / streamlining / remediation initiatives, providing constructive challenge to existing practices/proposed initiatives. Prepare regular reporting and MI covering risks, controls, issues, and events to feed into global and local NFR reports. Support with preparing content for both global and local risk management Forums. Policy/procedure change impact assessment and implementation. Coordination of market implementation of PPPO framework including Operating Instruction governance and uplift. Coordinating multi-market read across activity for material issues/events. Risk-based control monitoring/thematic review. Operational Resilience Programme coordination and supporting the full embedding of the requirements. Requirements What you will need to succeed in the role: Qualified to graduate level. Minimum of 3 years work experience in a risk/control/compliance/audit related role. Operational risk certification / relevant experience, preferably within a Banking/Insurance setting. Understanding of operational risk and how to implement an effective framework. Good command of written and spoken English, and with good communication skills i.e., ability to articulate complex issues concisely. Ability to work independently and flexibly, in a challenging, complex and a fast-paced environment, and against tight deadlines. Ability to engage and manage diverse stakeholder groups, across geographies. Proven judgmental skills to identify and resolve problems and well as a willingness to challenge the status quo. What additional skills will be good to have Experience of using Helios / Qliksense would be an advantage Proficient in Microsoft (Word, Excel, and PowerPoint) Knowledge of WPB/Insurance business is preferred albeit not essential Link to Candidate User Guide: (Or) Go to the below link and type \'IND GSC : IJP Applicant User Guide\' in search bar. 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.\' 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...

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