Head of RMF & Reporting - HSBC Innovation Banking

Who are HSBC Innovation Banking?

We’re the power behind the UK’s forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO. Whether it’s comprehensive banking, managing cashflow, plans for buyouts or Global Funds Banking, we power ideas at every stage of their journey. From the first-time founders to the funds that back them and everything in between. Here’s to never standing still. We're proud to accelerate growth for tech and life science businesses, create meaningful connections and open a world of global opportunity for entrepreneurs and investors alike.

About the team:

Key responsibilities and accountabilities:

·         Oversight of RMF Operation including:

·         Policy and Procedure – monitor and report on adherence to Group standards across the Risk taxonomy and RMF. 

·         Appetite – Lead and co-ordinate the annual appetite update at year-end in line with the FRP process, for recommendation at BRC.  Lead and co-ordinate the mid-year refresh process. 

·         RCAs – Oversight of the 1LoD RCA process across the risk types.  Drawing in SMEs from across 2LoD to review and challenge RCAs generated by 1LoD.   

·         Controls - Oversight of the 1LoD control universe for completeness, accuracy, ownership, testing plans etc.

·         Issues Management – Lead and co-ordinate 2LoD oversight of E2E Issues Management at a macro level.  Involvement in individual issues usually led by 2LoD SMEs.  

·         Risk Events - Lead and co-ordinate 2LoD oversight of E2E Risk Events at a macro level.  Involvement in individual risk events usually led by 2LoD SMEs.  

·         Be the conduit into HINV for Group changes to the RMF and identify impacts for HINV, handing off to the relevant Risk Steward or 1LoD personnel as appropriate.

·         Oversight of the delivery of RMF changes/updates into HINV. 

·         Be the default delivery owner of pan-Risk change eg BCBS239 as it impacts Risk.  

·         Risk Reporting – Produce Risk Reporting for UKRC, BRC and other Risk Committees/fora.

·         Assurance – develop an annual plan for assurance reviews and deliver them through the year.  Reviews to cover both profile and framework matters.  Work with 2LoD Risk SMEs to deliver risk profile-based reviews.  Analyse trends in results and share at UKRC.  Develop assurance products and delivery to generate maximum value-add for HINV. 

·         Co-ordinate 2LoD input to FRP.

·         Governance Secretariat – Deliver governance services to agreed Risk Committees including UK Risk Committee.

·         Co-ordinate and oversee BRC papers from 1LoD and 2LoD.

·         Track BRC and UKRC actions. 

·         Be the key 2LoD interface to the 1LoD Central Controls Team and HINV IA.

·         The role has no specific L1 – L3 Risk oversight responsibilities.

To be successful in your application for this role, you will need to demonstrate the following:

·         Deep knowledge of RMF implementation and operation in a Financial Services organisation, preferably a bank.

·         Experience of risk oversight as well as risk framework.

·         Experience of delivering excellent quality risk reporting across all risk-types.

·         Experience of working in a smaller organisation where pragmatic and nimble implementation of an RMF is required.

·   Self-starting individual who shows initiative and can instinctively discern the key elements of a pragmatic RMF implementation for HINV.

·         Role Model Leadership skills.

·         Demonstrate drive and ingenuity.

·         Very strong written and verbal communication skills from Board-level down.

·         Very strong relationship and stakeholder management skills.

·         Experience inside and outside HSBC

·         Someone with a track record of engaging the 1LoD community on RMF.

·         The ability to make a big difference to the business and be recognised as the RMF thought leader in the business.

·         Interest in the HINV business and client ecosystem.