Job description

Global Trade and Receivables Finance Transaction Risk Manager

Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share.

The Global Trade and Receivables Finance (GTRF) is a key strategic business for the HSBC Group under Commercial Banking (CMB) and its history is mixed with almost 150 years of Group history. Today, we are the largest international trade bank, with an unrivalled global presence and access to over 90% of the world's global capital flows. GTRF provides trade finance and risk mitigation solutions to customers all over the world, from SMEs through to large corporates and multinationals. We cover various industries including commodities, global sourcing, technology and infrastructure. We are looking for a GTRF Transaction Risk Manager to join our team.

Here’s what you can expect:

As our GTRF Risk Manager, you will assist in the oversight of the GTRF portfolio, assessing appropriate use of products and structures, adherence to credit / global policies & procedures and seeking to achieve positive outcomes in distressed lending situations. You will also utilize your ability to apply knowledge and experience in providing practical, workable proposals / recommendations to credit and operational situations, optimizing the use of GTRF products to provide a customer centric solution which appropriately manages the bank’s credit risk on New Monies and Renewal applications. This will likely involve managing and supporting proposals that control operational risk and assess reasons for operational failures that have given rise to potential operational losses, making appropriate recommendations for change in policy and procedure.

For this role, HSBC targets a fixed pay range between $106,800 and $160,200.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions.

• Understanding of Trade and/or RF Products

• Understanding of Financial Analysis and the Working Capital Cycle

• Knowledge of compliance (FCC / Regulatory Compliance / BRCM) requirements

• Proven oral and written communication and influencing skills

• Good business acumen / commercial awareness

• Complex analytical reasoning

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

HSBC is one of the world’s largest banking and financial services organizations. Our global businesses serve around 39 million customers worldwide through a network that covers 62 countries and territories. Our customers range from individual savers and investors to some of the world’s biggest companies, governments and international organizations. We aim to connect them to opportunities and help them to achieve their ambitions.