Assistant Vice President – WCRU-GSC’S Job Vacancy in HSBC Hyderabad, Telangana – Latest Jobs in Hyderabad, Telangana

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Company Name : HSBC
Location : Hyderabad, Telangana
Position : Assistant Vice President – WCRU-GSC’S

Job Description : The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at the HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.
Some Careers grow faster 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 organisations 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 realise their ambitions.
We are currently seeking an experienced professional to join our team in the role of Assistant Vice President -WCRU
Why Join us:
Wholesale Credit Review (WCRU) was set up as a 2nd line of defence function, to provide an independent assessment of the various risks arising out of the Bank’s wholesale lending activities.
WCRU undertakes review exercises to evaluate the various associated risks as well as the effectiveness of the risk management framework around them.
These review exercises will provide an assurance to the management on whether portfolios are managed in a manner that is consistent with HSBC Group strategy, risk appetite, internal and local credit policies & procedures and related regulatory requirements.
The Offshore WCRU team based in India, supports the respective Regional WCRU teams in US, Europe, Canada, Asia Pacific, Middle East and North Africa.
The Opportunity:
The role holder will participate/lead review exercises of ‘Entities’ within the respective regions (comprising Global Banking, CMB and Financial Institutions Group customers). The review will focus on borrower level as well as portfolio level findings, in order to identify policy breaches and emerging risks and make suitable recommendations for remedial action to protect the bank’s lending position and minimize potential credit losses. .

What you’ll do:
Analysis of various counterparties within Banking/CMB/FIG book to ensure that risks are thoroughly assessed by lending executives, make proper credit judgments with special emphasis on integrity of Customer Risk Rating (CRR), maintenance of satisfactory credit standards and controls, exercise of correct delegated lending authorities and adherence to all other credit standards prescribed in policy.
Manage workflows independently during various Full Scope Review/Continuous sampling cycles; act as the liaison between the Senior Reviewers in onshore and the offshore team.
Assist the Team Head for any adhoc work as may be required and take over other administrative responsibilities in his absence.
Ensure timely and good quality delivery of the various workflows that are allotted to the offshore team.
Assist in Quarterly Monitoring of portfolio/entities within the region.
Ensure adherence to operating procedures in line with Global Credit Risk Review as well as Region specific policies.
Identify streamlining opportunities in the Credit Review process.
Development of MI for monitoring & reporting of the quality / quantity of output.

Requirements
What you will need to Succeed in this Role:
Individuals with 7+ years of relevant experience in various facets of Commercial credit risk, lending and credit analysis, Loan Review, Loan workout etc.
Academics – Bachelors Graduate degree. Candidates with MBA-Finance or equivalent/ CA/ ICWA/ CS/ CAIIB preferred.
Strong analytical (credit / financial) and problem solving skills with ability to quickly process data & facts to arrive at meaningful conclusions. Ability to exercise discretion, work independently within broad guidelines, tactfully handle sensitive and confidential data, deliver high quality results within tight timeframes, manage multiple projects simultaneously and motivate and develop a professional staff.
Proven team leadership, people and resource management abilities.
In-depth understanding of various credit products viz. – term loans, working capital, trade facilities, bank guarantees, interest rate swaps, etc. and associated credits risks.
Sound knowledge of accounting principles and practices.
Proficient in Excel/Advanced Excel, proficient in software packages, preferred.
Excellent verbal & written English communication skills.
In-depth understanding of the business, risks and related controls within areas of responsibility.
The candidate must show attention to detail, be committed to producing work of the highest quality, resilient under pressure to meet aggressive deadlines, a team player and dynamic individual.
The complexity of analysis and decision making requirement for the job holder is high in view of the diversified nature of the Group’s portfolio. Broad industry / market knowledge, strong analytical thinking and sound credit judgment / evaluation skills are necessary for a thorough assessment of potential problem accounts. A high level of problem solving skills and commercial orientation are required to provide guidance while devising strategies for these troubled relationships.
The job holder is expected to exercise discretion in carrying out duties and be accountable for his/her judgment.
The job holder must be ready to work independently in a somewhat unstructured environment.
The job holder should be a strong team player and have the ability to motivate and train the team to optimize output.

You’ll achieve more at HSBC
HSBC is 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.
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.”
***Issued By HSBC Electronic Data Processing (India) Private LTD***

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