
Assistant Vice President – Wholesale Credit, GSC’s
HSBC
APAC/Oceania, India, Hyderabad
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Salary

Rank
VP

Responsibility
Site Lead

Scope
Regional

Workplace
Hybrid

Functions
Finance

Reports to

Level
N-1

Travel Max:
25%

Posting Date
08-13-2023
Description
Business: Risk
Open positions: 1
Role Title: Assistant Vice President – Wholesale Credit, GSC’s
Global Career Band: 5
Location (Country / City ): Hyderabad
Recruiter Name : Padmashree V
Why join us?
Wholesale Credit & Market Risk [WMR] is responsible for the approvals, policies, portfolio management and reporting on the Group’s Wholesale Credit and Market Risk exposures.
The UK Corporate Approvals HYD/KOL team supports HBEU WMR by performing credit approvals / recommendation for relationships falling within the Large Corporate / Global Banking portfolio of HSBC UK and extends to other sites across HBEU. The role entails reviewing credit submissions, challenging the Relationship Manager’s proposition where required and approving / recommending a lending position within delegated authority after suitably mitigating the Bank’s risks.
Key Responsibilities
The role holder[s] will have the following broad responsibilities:-
- Analyse new / existing corporate counterparties in the Large Corporate / Global Banking Segment of UK/other HBEU sites 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 WMR CoE, Wholesale Credit Risk and Business Teams in HSBC UK / other HBEU sites.
- Participate in credit / risk meetings with Front Office / HSBC UK / other HBEU site WMR 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 WMR CoE in Shared Services and New Business initiatives where required
- Flexibility to travel, if required
Qualification & Requirements
What you will need to succeed in the role:
- Academics – Graduate degree in commerce/ economics/ management/ engineering. Qualifications in Finance/ CA/ ICWA/ CS/ CAIIB preferred.
- 7+ years of relevant experience in Corporate / SME Credit in a reputed Bank/ Financial Institution.
- Strong understanding of financial statement analysis and credit lending products
- Strong analytical skills to quickly interpret data & facts to arrive at meaningful conclusions
- Excellent interpersonal, English communication and negotiation skills
- Customer centric mind-set
- Resilience to work under pressure to meet aggressive deadlines.
What additional skills will be good to have?
- Role holders need to be flexible in terms of approach/expectations.
- Routine work involves regular dialogue with colleagues in HSBC UK/other HBEU sites. Hence, Role Holders must be willing to work late evening hours with an indicative log off at 9.30 pm India Time. However, Role Holders must be prepared to stay longer to meet business requirements.
Benefits
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.”
Company Profile

HSBC
Industry
Financial Services
Revenue
$51.73B
Employees
219,199
Fortune 500 Rank
NA
Global 500 Rank
#130
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