Senior Risk Manager, Asset Management - Global Risk:0000F4GZ
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Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency, geopolitical, operational, credit, pension, insurance, market and reputation risks. All parts of the Global Risk team use their skills, insight and integrity to handle established threats and those they see emerging, acting to protect and enable HSBC to deliver sustainable growth.
We are currently seeking a high calibre professional to join our team as a Senior Risk Manager, Asset Management .
Principal Responsibilities: Provide direct support to the Asia Pacific Chief Risk Officer (CRO) for HSBC Global Asset Management Hong Kong Limited across different areas and expertise of Risk and will contribute to the objectives of the team to be the 2nd line Global Risk function for the Asset Management Business in Asia Pacific Participate actively and support the Asset Management Risk function of the Hong Kong entity to ensure that all the risks within Asset management Hong Kong are being identified, assessed, monitored and controlled per the local regulation, HSBC Group standards and market best practices to protect the clients, employees, assets and reputation of the company and support the growth of the assets, their profitability and sustainability Directly support the Asia Pacific CRO and contribute to put in place the appropriate and sustainable risk oversight with the right level of engagement with the business and the investment management function in a continuous and proactive manner Engage key stakeholders of the company in managing the risk function Be part of different global/regional risk initiatives and global risk transformation projects (processes and solutions) to support Asia Pacific CRO as well as Asset Management Risk Share new ideas in regards to risk processes, analysis to streamline and develop an agile risk management approach As a product manufacturer expert, independently review and challenge as 2nd line of defence stakeholder to ensure the appropriateness of the product in regards to country distribution, client profiles and business activities to support the wealth management product development. Contribute actively and support the CRO in assessing any new product design and launch. Provide value-added support to the product development and review, RFP activities, Client Due Diligence Manage and assess the impact of Regulatory Changes on the Asia Pacific Asset Management Risk Function. This includes representing the Risk team at relevant project working groups in relation to regulatory/ governance changes Contribute actively to the risk documentation and its review and work closely with the CRO to ensure the implementation of the risk policies Identify emerging risk issues and initiate mitigating actions
Requirements: Graduate degree in Finance or related discipline, professional certification (CFA, CAIA, FRM, PRM, …) is a plus Experience in asset management industry, preferably previous and robust experience in investment risk, within an international working environment Solid finance knowledge of financial instruments and their valuations mechanisms General understanding of the local (across Asian countries) and main overseas legal and regulatory frameworks Able to support and encourage close links with Product (design, new launch and review), RFP, Sales and CP team, client Due Diligence to support business growth Ability to leverage the new risk systems and capabilities to further enhance our monitoring and understanding of investment risk to support existing and potential new client Experiences in overseeing investment risk of different asset classes, including Alternative asset type of products: implementation of the appropriate and consistent monitoring frameworks in line with Asset Management Risk principles and policy Robust understanding and in-depth knowledge in regards to the management and monitoring of different types of risk: liquidity, market, counterparty, valuation and pricing of instruments Previous experience towards the development of investment risk metrics, methodologies, framework, processes and systems, embedding ESG and Alternative Asset Classes Ability to translate the understanding of regulatory and/or internal principles and policy into more complex actions and risk output Ability to establish credibility, authority and influence with the key and senior stakeholders, while developing engagement and communication with them Business oriented, forward looking Proficiency in English Ability to multitask and work under pressure, sometimes with tight deadlines, curious, well-organized, analytical and numerical skills, team-player but ability to work independently and take initiatives, oral and written communication skills in English
To be considered for this role, the relevant rights to work in Hong Kong is required.
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