Job Description

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\xe2\x80\x99re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. 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\xe2\x80\x99re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential.

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, operational, credit, pension, insurance, compliance, regulatory, market, reputation and geopolitical 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 an experienced professional to join this team in the role of Risk Manager.

Principle Responsibilities:

• Execution of project end-financing (EF) governance and Second Line of Defense oversight on the compliance by First Line of Defense. Evaluation covers the assessment of project merits vis a vis developer\xe2\x80\x99s pricing and sales strategies, development masterplan, sale ability and sustainability of prices post completion, developer\xe2\x80\x99s financial health and track record, risk appetite setting by project and developer exposure. Key objectives would be to mitigate bookings of projects with risk of abandonment and delay, poor sales and price sustainability and to meet deliverables turnaround target.
• Execution of Second Line of Defence oversight on property valuation governance and compliance by First Line of Defence. Evaluation covers the effectiveness of valuation controls, management of assigned valuers, review of exception requests and to meet deliverables turnaround target.
• Policy and strategy formulation to ensure adequate check and balance, risk mitigations and enablers in the end-to-end EF governance and valuation processes.
• Continued fine-tuning of EF policies and valuation practices to keep up with the evolving operating environment, developers\xe2\x80\x99 and secondary market sales techniques to ensure risk mitigations remain effectively embedded.
• Supporting the formulation and enforcement of actions relating to climate risk management to comply with regulatory and group directives as well as undertaking operational controls of identification of risk locations based on historical climate events and working along external consultants to facilitate climate risk management.
• Review/approval of exceptional lending and large ticket applications within WPB Risk\'s delegation.
• Work with stakeholders on problem recognition and resolution, enforcing risk mitigations and enablers to facilitate growth ambitions.

Requirements

Qualifications:

• Minimum qualification of Bachelor\xe2\x80\x99s Degree with at least 5 years of working experience in commercial or retail lending;
• Strong understanding of the local property market on under-construction and subsale segments and access to latest market practices and feedback.
• Knowledge of mortgage and property purchase legal documentation and relevant regulations including National Land Code, Housing Development Act and Strata Title Act.
• Expertise in undertaking data driven analysis and drawing meaningful conclusions and translating into practical policies. Ability to anticipate and resolve issues, execute strategies and bring diverse perspectives.
• Intermediate or advanced knowledge in Excel and Power Point. Ability to produce clear and concise presentation materials and articulate effectively.
• Contacts with key property developers and estate agents would be an advantage.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation needed will be prioritized.

You\xe2\x80\x99ll achieve more when you join 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. 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.

Issued by HSBC Bank Malaysia Berhad

HSBC