Business Manager and Product Oversight, Private Bank Credit Advisory - HSBC - New York, New York - EXPIRED
This is an archive of an expired job.
Job Information:
Company: HSBC
North America-United States-New York-New York
The purpose of the role is to manage and coordinate the product governance of all new and existing US Credit Advisory offerings. The role will also provide ongoing overall business management and regulatory/project coordination for PB US Credit Advisory.
Business management responsibilities will include; creating reports and presentations, assisting in the management of procedure drafting, working with various other Business and Functional areas in securing resolution to identified issues, data analysis, KRI management, and ad-hoc project management support.
Primary Responsibilities/Essential Functions:
- Coordination of development and governance of all US credit advisory products and services working with all local business areas and functions to ensure that the product documentation is current, complete and is approved through all appropriate Product Governance forums. This will include new product launches, ongoing product reviews, post implementation reviews, product demise documentation, if any, as well as related presentation to product governance forums.
- Drive key strategic, business and regulatory project initiatives relating to credit advisory acting as a key business SME relating to regulatory/risk, process enhancement and business management
- Overall responsibility for all ongoing business management activities relating to Credit Advisory. Working with Credit Advisory management and teams and related stakeholders to ensure processes are working effectively, key risks are being monitored, reported and escalated appropriately, ensuring that regulatory monitoring and reporting is in place as well as timely and effectively supporting internal 2LOD/3LOD and external regulatory reviews.
- Draft, implement and provide training on credit advisory related procedures
- Responsibility for ensuring all internal controls are appropriately documented and integrated in credit advisory procedures.
- Provide reports to credit advisory management for various regulatory, internal, RMM/BCC and other committee meetings as well as town halls as required.
- Support required updates/enhancements to the lending guidelines against established/expanded credit risk appetite.
- Responsibility for ensuring key legal agreements or support agreements for the credit advisory offering (for example PLAs) are in place, correctly approved and updated working with Affiliate Manager.
- Responsibility for managing the third party risk management process and contract ownership for selected credit advisory vendors.
- Supporting timely and effective implementation of new and revised FIM and other HSBC/HNAH/WPB policies which contain requirements pertaining to Credit Advisory
- Actively work with all local stakeholders and functions with regards to product development/governance of the US credit advisory offering.
- Ownership and responsibility for implementing any regulatory or legal changes effecting credit advisory working with Regulatory Compliance.
- Develop data analysis, MI and management reporting for the credit business, including KPIs/KRIs
Decision-Making Responsibility/ Leadership & Teamwork:
- Works collaboratively with key credit advisory management and all major business and functional Stake holders
- Collaborates with colleagues within the immediate credit advisory/PD&M team and related project teams.
- Offers help to colleagues within direct team and outside team, regularly providing feedback on new and better ways of doing things, sharing ideas and best practices with the team
Qualifications
- Knowledge and experience of US credit advisory and financing related products and services.
- Product development and business management experience within or related to a credit advisory business with clear knowledge and experience of credit and financing products including the operational, client documentation, US service offering, risks and local regulatory framework.
- Experience in setting that demands organizational agility and getting results through effective management of processes under strict deadlines; possess capacity to define problems and find effective solutions; manage concurrent projects, and ability to relate to people and work collaboratively at all levels both locally and globally.
- Recognized strong administrative, project management and people/organization skills.
- Must possess effective presentation, interpersonal, negotiation, communication and analytical skills.
- Strong understanding and experience with MI to support the Credit business, including the development of KRIs/KPIs and management reporting broadly
EEO/AA/Minorities/Women/Disability/Veterans
If you would like to notify the Diversity Recruitment team of your application or if you are simply interested in learning about opportunities at HSBC, please email [email protected]
