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Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals’ partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions.
HSBC Global Treasury is the global clearing house for HSBC’s financial resources. We proactively integrate, manage and steer our financial resources for today and for the future, whilst ensuring our prudential safety. Finance resources are defined as the cash, liquidity, funding and capital (including as measured by RWAs, leverage and large exposures) of entities within the Group and the interest rate and FX risks that results from the banking book activity. We partner with Businesses and entities to provide sustainable optimised commercial outcomes to deliver the Group’s strategy. We manage the residual portfolios and risks with a mind-set of portfolio optimisation. Our team lead a dynamic and inclusive culture fostering diversity of thought and where the best want to work.
We are currently seeking an ambitious individual to join our team as a FRM Opportunity Manager, working together with colleagues to define, manage and achieve divisional business targets.
Role Purpose
The primary objective of this role is to ensure there is a centralized view of Financial Resource Management activity across the major entities and business lines and all activity led by businesses or specialized functions to optimize a resource constraint has been read across into related Finance Resource metrics.
The main responsibilities include partnering with stakeholders across entities, functions and businesses to collate activities, timing of execution, key risks and dependencies and surfacing this view into relevant governance fora processes. This will include Asset & Liability Committees, forecasting, planning and other adjacent processes. To enable this the role holder will need to work with those stakeholders to align existing, and sometimes disparate ways, of tracking FRM execution.
Critically the role will require a good understanding of the drivers of Financial Resources covering RWA, capital, balance sheet, liquidity and banking book interest rate risks and how these elements relate to each other, constraining businesses in different ways, and in different circumstances. A strong appreciation of the challenges posed by different entity constraints, considering both local and global issues, will be important.
The role holder will ultimately consolidate requirements from stakeholders to simplify tracking and impact assessment read across between Financial Resource measures and the optimisation activity.
By executing on the consolidation of optimisation activity, and by levering their understanding of the constraints, the role holder will be ideally position to identify opportunities to take the best ideas in one part of the bank and expose them to other parts of the bank where those ideas can be of additional value.
In this role, you will:
- Optimise the resources across multiple products, entities and constraints is today limited by the capabilities of legacy technology and process. Creating the transparency across different parts of the organisation is expected to create a broader range of opportunities for the entity and business teams to improve the profitability of their segment
- Liaise with relevant stakeholders within Entities, Global Businesses and Global Functions (e.g. business line FRM, Global Risk Analytics, entity CFO’s, Group Analysis & Insights etc.)
- Partner closely with the specialist functions in Global Treasury
- Actively participate in existing cross-functional working groups which today are driving optimization activity
- Demonstrate strong communication skills to by influencing others, including peers, senior management, colleagues within the regions/countries to removing barriers to change
- Develop and lead both a functional and virtual team creating opportunities for them to learn and deliver against the overall department objectives
- Promote an environment that supports diversity and reflects HSBC brand
- Comply with all required internal policies and external rules or laws ensuring take into account all of the relevant policies and rules applicable to any given business process
- Ensure all team members are aware of their obligations with regards to internal policies and external rules including those relevant to money laundering (ML), terrorist financing (TF), sanctions and other reputational risks