Job Title: Assistant Vice President, Recovery resolution planning
Purpose of the role
- HSBC's Stress Testing Programme include Strategic Management Actions (SMA) as a core process, which is led by the Group Management Actions Delivery team in Capital Management and Stress Testing (CM&ST). The team is accountable for the Management Actions Operating Model and execution of the end-to-end process across the Group, ensuring that we have a library of actions available to recover from a severe financial stress.
- An exciting opportunity has become available to be part of a high-performing team to support the execution of the management actions cycle (MAC) for the Group Recovery Plan (GRP), Regulatory Stress Tests, Group Internal Stress Tests (GIST) and Valuation in Resolution (ViR).
- In this Group-led role, you will engage globally with the Recovery and Resolution Offices (RRO), ensuring a consistent approach is adopted to identify, quantify and consolidate SMAs in the centralized Management Actions Library & Calculator (MALC). You will work closely with the Global RRO team to ensure alignment to the GRP and regulatory and senior management expectations.
- We are seeking for an ambitious individual to join the Group Management Actions Delivery offshore team in India, Gurugram, who is willing to learn and take on new challenges. You will develop insight to HSBC's strategy on how to navigate through a severe stress and provide analysis how the stress impacts our capital and liquidity plans. You will have the opportunity to learn and expand your knowledge, which you can apply into various activities. You will not be limited.
In This Role, You Will
Key responsibilities include:
- Support team lead to manage and maintain the Management Actions Operating Model
- Support the development of the Group Management Actions instructions, specifying submission requirements & governance framework
- Become a Subject Matter Expert (SME) you will receive all the support and guidance
- Produce a detailed runbook and key controls for each MAC
- Provide oversight on the delivery of the MAC including key controls in Appian, maintaining continuous engagement with stakeholders to ensure runbook milestones are met on timely basis, all required controls are performed and evidenced.
- Support the team lead on transformation/enhancements and other change projects, including the maintenance of MALC and UAT.
- Support and manage Working Groups for each MAC, managing relationships with Group Functions, Global Businesses and Regional RRO teams to ensure the management actions standards and controls are adhered to and the completeness, accuracy and credibility of all management actions
- Support the Group Management Actions Delivery team leads on Execution & Consolidation, Analysis & Insight and MI reporting.
- Always be a team player
To Be Successful You Will
- Knowledge or experience of the Recovery & Resolution Plan, in particular Management Actions, is desirable
- Accountancy qualifications, business or economics degree or experience preferred
- Ability to manage large datasets and produce meaningful analysis & insight & experience in producing Management Reports
- Strong stakeholder management skills and collaboration skills
- Experience in automating processes e.g. using macros, python, visualization tools
- Experience of TM1, CaRT (in-house tools)
- Strong communication skills - ability to present complex issues in a clear and articulate way, to both technical and non-technical audiences at a peer and senior management level
- Ability to multi-task across multiple assignments, prioritize workloads and work under time pressure
- Self-motivated and able to work on their own initiative, able to take responsibility for personal development in technical and behavioral
- Able to establish, build and maintain a good working relationship with colleagues
Hsbc.Com/Careers
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.Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
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