Why join us? Some careers have more impact than others. If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be. HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realize their ambitions. We are seeking individuals to join HSBC'S Wholesale department in the role of Credit Analysis Unit. What you'll do: To support onshore Credit Analysis Unit and Relationship Managers for HSS and GBM funds spanning Global Custody Accounts, Traditional Funds, Alternative Funds and Hedge Funds with the following activities: Analyze funds from a credit risk & control perspective. Prepare scorecards and proposals in order to facilitate credit approval. Carry out credit review of funds annually or as required. CARM submission and other post approval maintenance of credit & limit data Prepare variety of other operational reports along with excesses and IA/IM monitoring Regions supported include HBUS, HBCE, HBBM, HBEU and HBAP. Primary Responsibilities will include the following activities: Personally develop and maintain strong working relationships with onshore Credit Officers & Relationship Managers to ensure that all risks to the business, financial and non-financial, are properly recognized and thoughtfully mitigated in proposals. Able to identify and flag potential risks/issues/concerns to Line Manager in timely manner and propose suggestion to mitigate the risk. Drive to ensure all KPIs, accuracy targets and PLAs are met. Contributes towards effective resource allocation and capacity planning. Proactively identify and improve on service delivery. Initiate and lead process improvement projects and share best practices across the teams/across business areas. Ensure timely turnaround on providing responses and follow ups on all queries from Business or other stakeholders, where not possible, provide holding response. Keep line managers in loop of the actions taken and escalate when assistance is needed. Own Performance management (for self), arrange regular monthly performance review and actively participate during team huddle, provide valuable feedback and suggestions. Understand and comply with all relevant policies, FIM guidelines and procedures issued by the Group. Maintain HSBC internal control standards. Adhere to the Group's agreed processes / procedures for self and team evidenced by achieving a satisfactory Audit report. Monitor and work together as a team to close off all audit points/findings/recommendation. Requirements What you will need to succeed in the role Graduation/Post Graduation in Business, Finance, Economics, Commerce or equivalent Understanding of the financial sector complete with latest developments. Basic Knowledge of FX, Derivatives and other Treasury Products is a must. Must have a clear understanding of the Credit Risk aspect of Treasury products. Highly proficient at Excel and Word. Highly proficient at Excel and Word. Database skills will be an advantage. Ability to learn new systems quickly necessary. Excellent English, written and spoken; hard-working; organized; diligent; and above all, a team player Highly customer oriented and interested in providing top quality customer service What additional skills will be good to have? Knowledge in the Asset Management/Mutual Funds sector highly preferred. Intermediary – Advance/Intermediate knowledge of Data Analysis / VBA Good knowledge in the Securities industry – preferably in the Global Custody or Sub Custody businesses. Good knowledge in the Fund industry – Traditional & Hedge Fund Knowledge in Cash Management, Trade Settlement, Cash Payment, FX's and Investigations are essential.
