Head of Asset Financing and Leveraged Credit

Credit and risk management of the wholesale portfolio to ensure business objectives and to achieve high credit quality standards and early identification of problematic accounts so as to maximise profitability and minimise losses for the Bank. There is a strong focus on enabling as well as protecting and ensuring that business objectives are met while maintaining suitable regard for underwriting standards. The role is broader than that of a traditional credit manager as there are expectations around involvement in non-transaction related activity such as stakeholder engagement, pipeline management/conversion, leadership and coaching, operational process improvements and Global Standards.

**Impact on the Business / Function**
- Contributes to achievement of bank targets by promoting strong underwriting standards.
- To ensure a high level of self-awareness around the transaction approval process focusing on material items while recognising that commerciality and speed to market is important.
- Implementing local, regional and Group policies and guidelines.
- Promote credit quality through timely and forward looking risk reviews and contribute to early detection of weak/deteriorating credits.

**Customers / Stakeholders**
- Provides support/ guidance to the development of Relationship Manager’s by identifying and mitigating risks in credit proposals.
- Improve quality of CARM write-ups by proactively engaging Relationship Manager’s effectively enhancing credit turnaround time.
- Be fully engaged around growth plans by ensuring active dialogue in pipeline meeting, whitelisting and customer visits. Be conscious around creating positive rather than negative tension.

**Management, Leadership & Teamwork**
- Management of a team of Credit Managers.
- Contributes to the development of RM’s through coaching/counseling by effective use of relevant appraisal schemes and continual feedback.
- Proactively identify opportunities for process improvement and for better engagement with stakeholders.
- Consistently demonstrate a mature and independent approach to problem solving and a “big picture/senior management” view on organisation objectives.

**Operational Effectiveness & Control**
- Contributes to the effectiveness of the risk control function and minimizes losses.
- Ensure that audit (internal and external) and control recommendations are implemented in full.
- Continually re-assess the Operational Risk inherent in the business by taking into account changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology.
- Full compliance with data/MI reporting obligations where appropriate

**Major Challenges**
To balance emphasis on improved credit quality with strong commercial orientation, strong internal controls with quality customer service and finally, to be guided by our overriding duty to protect and enhance shareholder value.

**Role Context**
- The job holder reports to Head of Wholesale Credit Risk Management (HWCRM). HWCRM then reports to the Chief Risk Officer (CRO).
- WCRM are broadly responsible for the credit and risk management of the Bank’s wholesale business for their respective functions/regions and are accountable for the implementation of the policies and procedures consistent with HSBC’s Group Standards.
- Management is a key part of this role, which includes managing a team of Credit Managers.
- The role holder must be conversant with market practice and terms across a wide variety of industries.
- The jobholder is required to be familiar with the regulations, particularly the ECB guidelines. Within this set of policies/frameworks, the jobholder is expected to exercise his authorities on a commercial and compliant basis.
- As the jobholder is given a high degree of independence and flexibility to manage most aspects of the credit and risk-related business of the Bank they are required to exercise broad discretion and are often a reference point for risk related matter with Business stakeholders.
- Whilst the job entails working within established credit principles and guidelines, the economic and market instabilities; the prevailing risk profiles of the corporates and country in general, requires the job holder to be forward looking, adaptable and creative in meeting the needs of the business.

**Management of Risk**
Maintain awareness of operational risk and minimize the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification and reporting in accordance with policies.

**Observation of Internal Controls**
Maintain and observe HSBC internal control standards, implement and observe Group Compliance Policy, including the timely implementation of recommendations made by internal/external auditors and external regulators. Foster a compliance culture and implement Group Compliance Policy by managing compliance risk in liaison wit