BRCM

Description de l'offre

Role Title: BRCM
Business: Global Private Banking, PWS CI
New or Existing Role? New
Grade: 5
 
Role Purpose
The Business Risk & Control Manager (BRCM), PWS C.I. has a functional reporting line to the Head of Business Management, PWS Asia. The primary function is to lead and manage the BRCM team, as a partner to the business, providing support for the business to achieve growth aspirations whilst retaining the appropriate risk management discipline ensuring effective implementation of the BRCM to achieve strategic goals.
The business and its supporting functions are accountable for risk management, ensuring that risks are well understood, and controls are strong, complete and effective. The BRCM supports the business and function heads in the effective discharge of their risk management and control responsibilities by: ensuring management understands their control environment; assisting in developing risk & control assessments; executing control monitoring plans; reviewing adequacy of action plans; and reporting and escalating issues.
 
Key Accountabilities
Impact on the Business
Act as the risk and control SME for the business / function and ensure the business understands their risks, controls, ownership & accountability
Support the business to define adequate action plans and control framework enhancements when necessary;
Establish, monitor and report key indicators in liaison with business
Act as Secretariat and provide regular reporting to the Business Control Committee For material updates, co-ordinate FIM review and gap analysis, supporting the business with the development of any training and updates required to any local procedures plus maintenance of BRCM desk instruction manual.
Contact point with External and Internal audit and assisting with implementation of audit remediations and completion of validation of closed audit points.
Ownership of the MSIIs
Participation in BRCM regional forums, working groups, local committees and business projects.
·         Act as CSEM Secretariat and undertake  related MI reporting
MI Pack production
Data Extraction
Assist the business to develop Risk & Control Assessments
Assist with Risk & Control Assessments and identify business risks in accordance with the RCA methodology.  Update and maintenance in ORION.  Coordinate refresh RCA assessments triggered by significant internal/external incidents and/or changes in the control environment, facilitation of scope and workshops.
Develop and execute internal BRCM control monitoring plans based on RCA assessments, Global Standards and FIM requirements  to confirm the effectiveness of key controls to management
Support the business to define key controls and monitor these key controls through testing and KIs monitoring to identify potential issues according to Group standards;
Co-ordinate development and implementation of new KIs;
Monitor progress against BRCM monitoring plan and escalate any backlog or prioritization requirement.
Monitor specific key risks and controls, review adequacy of action plans and monitor progress of remediation plan to closure
Monitor action plans for Audit issues, MSIIs and issues raised through BRCM monitoring and escalate to management for any slippage.
Report issues as identified by testing / monitoring. Escalate as appropriate and record on ORION.
Maintain data in ORION
Ensure all reporting requested is provided to business and risk functions on a timely basis;
Identify and escalate operational risk incidents to Line Management including the relevant root cause analysis to define action plans to address root cause
Liaise with BIRO, ISR, Business Continuity administrator  as necessary
 
Customers / Stakeholders
Maintain a strong partnership with business and functional heads;
Engage with a broad set of stakeholders (such as OpRisk / Audit and functions);
Work with the Risk function  to oversee risk management issues in the business, ensuring that business activities comply with Group policies and external regulators' requirements;
Ensure all relevant stakeholders are adequately informed in case of any issues;
Establish / maintain strong working relationships with the business and functions through governance committees and other networks to ensure the business is compliant, successful and profitable;
Establish / maintain strong working relationships within the GPB BRCM Functions and also within PWS to add value to the internal network.
 
Leadership & Teamwork
Developing an effective and professional team, ensuring succession planning and direct report development;
Building networks within PWS and across functions to provide expertise and implement BRCM capability;
Fostering strong compliance and operational risk culture within  BRCM team;
Identifying and sharing best practices with business, function and stakeholder, and heighten control standards.
 
Operational Effectiveness & Control
Ensuring BRCM activities are compliant with FIM requirements;
Providing guidance on the impacts to the control environment in the changing environment;
Drive best practice through BRCM activities and business reviews;
Provide Support and guidance in leading and coordinating Group initiatives on de-risking and Global Standards;
 
Major Challenges
Ensure compliance with all business management and operation objectives.  Actively endorse and display expected HSBC cultural behaviours.
Establish strong working relationships across Relationship Management, Products and Services, functional teams and the collective HSBC Group businesses generally.
Achieve strong feedback on your performance.
 
Role Context
·         A team leader for BRCM;
To interact with senior and line management to provide practical guidance on the management of operational risk and the design, implementation and operation of systems of internal control.
 
Role Dimensions
The Jobholder will be required to liaise and work effectively with Senior stakeholders.
 
Management of Risk
·         The jobholder will also continually reassess the operational risks associated with the role and inherent in the function, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. 
This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring.  Also by addressing any areas of concern in conjunction with line management and / or the appropriate department.
 
Observation of Internal Controls
·         The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.
·         The jobholder will assist with the implement of the Group compliance policy by containing compliance risk in liaison with Local Compliance team. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply.
This will be achieved by adhering to all relevant processes / procedures and by liaising with the Compliance department. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.

Profil recherché

Knowledge & Experience / Qualifications
Familiar in trust legislation, estate and trust administration, offshore trust practice, taxation, trust accounting is an advantage.
Experience in auditing, risk management or another oversight / monitoring function is an advantage.
Strong risk control and compliance mind-set.
Strong skills in MS office
- Power Point and Excel.
Demonstrated ability to multi-task and work independently, as well as work collaboratively with other teams
Strong analytical, problem solving and reporting skills abilities to critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details and apply sound business and technical domain knowledge.
Strong interpersonal skill by demonstrating high level of initiatives and ability to quickly acquire knowledge and adapt to on-going change.
Good communication, presentation and influencing skills and managing stakeholders across multiple disciplines and/or lines of business.
Able to cope with pressure and tight deadlines.
 
 
Under the Company's internal 'Back to Front'/’Front to Back’ transfer policy this role may be classed as High Risk. As a result, internal candidates may require enhanced approvals and vetting checks if they are currently employed in a Front Office department, or if they have worked in a Front Office department within the last 5 years (please refer to the HR FIM definition for further guidance). The enhanced approvals and vetting would need to be completed before the candidate will be confirmed in the role.
 
We are an equal opportunity employer and are committed to creating a diverse environment.