Credit Approval

Role Purpose
The role sits within HSBC Continental Europe Wholesale Credit Risk Management (HBCE WCRM) in the Wholesale Credit Approval team based in Paris
HBCE WCRM is responsible for managing credit risk for France and Continental Europe branches (Spain, Italy, The Netherlands, Belgium, Luxembourg, Ireland, Greece, Poland, Czech Republic, Nordics) across different segments of the economy - from small scale Business Banking relationships through to Large Corporates, Sovereigns, Financial Institutions and Intra/Inter group.
The purpose of this role is to replace a credit manager who has seized another opportunity within the group.
R. Oates (Head of HBEU WMCR), O. Berranger (Head of HBCE WMCR) and Laurence Bogny-Bartholme (HBFR CRO) support the request.

Key responsibilities will include:

- Key day to day point of accountability for the execution of the credit risk management framework, policies and procedures in respect of Large corporate CMB and GB
- Credit monitoring of a portfolio comprised of c. 150 counterparties mainly in the Oil & Gas and Metals & Mining sectors and actively participate in the Regional Sector reviews
- Primary point of contact for the portfolio under responsibility for all Wholesale Credit Risk related matters, which include approvals, pipeline discussions, portfolio/sector reviews, management of problem exposures, processes, policies and guidelines
- Being the Credit contact for one or several branches and participate in the oversight of this/these branch(es).
- Involvement in region-wide and local Wholesale Credit Risk related projects or forums as delegated by Head of WCRM and Head of Corporate Credit Approvals, HBCE from time to time
- Provide best practice feedback, and review portfolio management & functional aspirational targets to highlight any credit / environmental / reputational issues arising

Accountabilities/ Deliverables
- Ensure credit decisions are of high quality, understood by applicants and provided in a timely fashion.
- Represent HBCE Credit at the appropriate committees (e.g. CAC, WWM Committees, Sector Reviews).
- Ensure effective teamwork within HSBC credit Risk teams, HBCE Front Office CMB/GB and Support Functions
- Implement/maintain policies & procedures in respect of GB/CMB Large Corporate counterparties in a manner that balances effective risk management with business growth/economic profit objectives.
- If needed, provide input into the implementation of process to fulfil new regulatory constraints or evolution

What does good/success look like?
- Provide input into the design and implementation of organization & process changes within the credit team that are deemed necessary to improve efficiency while complying, with all extent possible, to Group / HBEU model.
- Ensure timely responses to the business units in line with SLA’s and specific business needs.

Requirements

Essential technical experience required
- Solid academic qualifications in financial analysis; University education. MBA / CFA / CPA is a significant plus
- Corporate credit risk management experience: 5-year experience in the GBM/LC coverage team or credit Department

Desirable technical experience

Personal skills
- Fluent in French and English
- Critical and logical mind
- Excellent communication skills
- Strong time management skills