Credit Risk Project Manager at HSBC, London, £Contract Rate

  • Contract Spy
  • London, UK
  • Jan 02, 2020
Duration not stated

Contract Description

HSBC are looking an experienced Credit Risk Project Manger - Collateral Management to work within the Credit Risk Impairments under IFRS9. This is the most significant risk and accounting change since the initial adoption of IFRS, and one of the most significant changes in credit risk measurement since Basel II. The Credit Risk Project Manager - Collateral Management role will report to the Risk Programme Lead and Global Head of Wholesale Impairment and will work with the wider team and will be directly responsible to deliver the FEG enhancement project for the function.

The Key responsibilities for the Credit Risk Project Manager - Collateral Management will be:

  • Overlook credit risk FEG project approach and milestone change deliverables from various workstreams including wholesale i) risk analytics team & ii) credit risk team etc.
  • Maintain project plan and RAID log
  • Manage team of onshore and offshore BA's (to manage requirements and testing)
  • Interact with central program to ensure we fit into their testing cycles / reporting needs
  • Interact with other workstreams (i.e. IT etc)
  • Close collaboration with the delivery
  • The jobholder's responsibilities cover the Wholesale Credit Risk related sections of the Group's consolidated external financial statements for key regions.
  • Interacting with Regional and Group senior management on a daily basis, being a trusted partner
  • Working with Group Risk Analytics teams to understand credit risk methodology's relating to CREDIT RISK IMPAIRMENTSBeing the main point of contact

The the Credit Risk Project Manager - Collateral Management will have experience in:

  • Understanding of accounting and/or credit risk concepts
  • Experience of financial or risk reporting processes or credit risk project experience in a project capacity
  • Ability to work with ambugity and limited information
  • Expeirnece with data quality and issue management and escalation
  • Aptitude and interest in systems development and data manipulation especially with SAS and MI solutions like Qliksense
  • Ability to cope with rapidly changing priorities on a day today basis
  • Ability to document high quality governance documents like Steering Committee presentation independently
  • Excellent communication skills, including ability to interact with senior stakeholders
  • Well organized, logical thinker, problem solver
  • Ability to work in a Matrix orgainisaion and flexibility in approach
  • Previous experience in large change programmes in the credit risk, finance, IFRS9, Basel or data programme in Risk/Finance is essential.
  • Understanding of CREDIT RISK IMPAIRMENTS and the CREDIT RISK IMPAIRMENTS impairment process or alternatively of RWA/stress testing processes
  • Understanding of financial close processes
  • Understanding of financial reporting controls and sox processes