Business Risk and Control Management - UAE Nationals Only

Job description

Business Risk and Control Management (UAE National)

United Arab Emirates, Dubai, Emaar Square

About HSBC
HSBC is one of the world's leading banks, with a network covering 67 countries and territories. Our global reach means we offer many ways for you to develop your career. We offer an inclusive, values-led culture, tailored learning and development programmes and competitive benefits. We have roles in retail, commercial, investment and private banking and a range of operational and functional teams.

Role Purpose
· Operate as a point of accountability for executing an effective framework with the deployment of an integrated approach to manage operational risk and internal control for Wealth, Customer Value Management and Direct Channels
· Provide advice and guidance on the maintenance of an effective internal control environment.
· Have a good understanding of both Retail and Wealth Products in RBWM
· Execute control monitoring and testing programme based on business requirements.
· Reporting control monitoring and performance data to local management and committees.
· Creating and amending RCA outputs for RBWM distribution particularly the details of key controls

Job Responsibility
· Maintain an effective operational risk framework in the Business as first line of defense, in line with Group Standards and local regulatory requirements.
· Execute the deployment of an integrated approach to provide a common platform to manage operational risk and internal control.
· To support a culture within the Business that acknowledges the requirement for effective management of operational risk and internal control.
· Assess and report on the adequacy of operational risk and internal control environment across the Business.
· To work effectively with the Country Operational Risk team, and Country business/functional heads.
· Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets.
· To support and ensure that local management fully considers and effectively manages operational risk in accordance with established policies and procedures.
· Support management in maintaining OR relationship with the regulator(s), as required
· To oversee that operational processes are operating and that a robust internal control environment is in place throughout the Business, commensurate with the volume/scale of operations.
· Ensure cost discipline is adhered to, rationalise and consolidate Risk expense
· Effectiveness of Operational Risk frameworks

Desired profile

Qualifications :

Knowledge & Skill
·  Experience in operational risk management.
·  Banking experience with an understanding of banking activities, products, processes and systems
·  An understanding of other areas of risk e.g. credit, market.
·  Knowledge of regulatory environment in the financial services sector.
·  Exposure to an operations and a control environment, such as audit or compliance preferred.
·  Able to conceptualise the operational impact of business change.
·  Strong communication, presentation and influencing skills.
·  Ability to understand complex concepts.
·  Understanding of modeling techniques and analytics in respect of Operational Risk.
·  Able to cope with pressure and tight deadlines.

Business Area
Retail Banking and Wealth Management (RBWM) serves more than 50 million customers worldwide. Our employees help customers to manage their day-to-day finances and save for the future. We offer career opportunities ranging from customer service and relationship management jobs in branches to roles in product development, sales, strategy, asset management and insurance. There are many career opportunities in Retail Banking and Wealth Management, from customer service and relationship management jobs in branches to roles in product development, sales, strategy, asset management and insurance. Generalist, specialist and managerial roles are available at all levels. For more information visit http://www.hsbc.com/careers/explore-our-business


Why HSBC?
We put diversity at the heart of our business and we take our responsibility to develop our talent seriously.
Joining HSBC will give you the chance to work in a collegiate, supportive and inclusive environment in which we seek to develop and promote people based on merit. We will provide you with tailored training and support to help you identify and follow your chosen career path, as well as access to a range of market-competitive benefits.

What to expect at HSBC
·  The chance to realise your ambitions
·  Globally connected careers
·  A strong emphasis on values
·  Learning and development opportunities
·  An inclusive, meritocratic culture
·  Market-competitive benefits
Global Careers Opportunities
Visit our Global Careers site where you can explore our business, meet our people and find useful application hints and tips http://www.hsbc.com/careers