Who are HSBC Innovation Banking?
HSBC Innovation Banking is 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 typically within the technology and life science sectors.
Whether it’s comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike.
Here’s to never standing still. Come and join us!
The team you’ll work with:
Our second line of defence (2LOD) risk team provide independent oversight by challenging and supporting the first line in managing risks inherent with HSBC Innovation Banking business activity. Acting as a secure control function, they ensure all activities undertaken on the companies’ behalf can be reported on and are aligned with HSBC Innovation Banking’s prescribed risk appetite, as well as comply with local and Group level regulatory and compliance requirements.
The value you’ll add:
As a direct report of our Chief Risk Officer, you’ll provided Risk Stewardship oversight to the Treasury, Model, Financial Reporting and Tax risks within HSBC Innovation Banking UK. You will be a standing member of the Bank’s Asset and Liability Management (ALCO) and Risk Management Meeting (RMM) to provide Second Line input and opinion papers on the management of Treasury, Model and Financial Reporting and Tax Risks.
What you can expect to be doing:
Providing subject matter expertise, advice, guidance and effective challenge within a second line of defence capacity across treasury and model Risk Management.
Providing review and challenge of the control framework and Risk Management profile of Treasury, model, Financial Reporting and Tax Risks.
Partnering with the business to understand the impact on the risk profile of emerging risks, change initiatives and new or changed products and services.
Advising on technical interpretation proposals relating to treasury Risk Management, such as funding / capital transactions, and ensuring adequate financial resources are in place via review and challenge of capital and funding plans.
Providing oversight on the management of Treasury risk through advice on risk measurement and Reporting and providing input and guidance on behavioral assumptions and hedging strategies associated with the management of interest rate risk in the banking book.
Providing Risk Steward opinion on the risk profile of Treasury, model and Financial Reporting and Tax within governance forums.
Understanding the impact of external environment changes, emerging risks and changes to the business strategy on the risk profile of Treasury, model and Financial Reporting and Tax Risks.
Ensuring that any local regulatory requirements are captured within the applicable policies, and that the minimum requirements applicable to the management of risk are complied with by the Risk and Control Owners
Supporting the establishment of appropriate risk appetite measures to mitigate the key risks associate with treasury, model, Financial Reporting and Tax Risks.
Providing input and challenge to the stress testing framework to ensure that it is commensurate with the risk profile of the Bank