VP, Risk and Controls - Retail Banking & Wealth
Sign up free to see how well your resume matches this role.
What you'll do
- Lead QC analysts, ensure checks meet agreed SLAs, report quality-score MI to Business Heads and Regional BFCR, and provide monthly updates at Risk and AO Forums.
- Tabulate quarterly QC results and provide RM scorecard ratings; share findings with onshore and offshore teams each quarter.
- Develop and implement risk and control processes with Risk Stewards (2LoD), aligned with regulatory requirements, internal standards and the Group Operational Risk Management Framework.
- Enable clear and consistent articulation of the business risk profile, including key-control design, operating effectiveness, health, monitoring plans, reporting and oversight.
- Identify, assess and escalate control weaknesses, anomalies, emerging and aggregated risks that may breach tolerance; perform RCA scoping, refresh assessments and support risk appetite and governance activities.
- Support end-to-end management of IWPB Important Business Services (IBS), including IBS assessments, asset-level continuity planning, testing, vulnerability follow-up, timely completion and guidance to Business Service Owners.
- Represent IWPB at Operational Resilience forums, coordinate IBS inputs and collaborate with Incident Owners to ensure incidents are logged and reported within SLA; review and challenge root causes and remediation actions.
- Identify thematic issues through back-book reviews, coordinate effective action plans with business units, and ensure regulatory reporting, including PDPC submissions, meets required standards and deadlines.
What they're looking for
- Leadership experience across front-line and risk roles
- Strong AML/KYC and operational resilience knowledge
- Proven problem-solving skills, applying lateral thinking and pragmatic solutions
- Strong understanding of IWPB products, services and business operations
- Excellent risk acumen, with the ability to identify issues and deliver improvement plans
- Confident communicator and influencer who can engage senior stakeholders and constructively challenge the status quo
- Bachelor’s degree
- 5+ years’ experience in risk and controls
Nice to have
- AML qualifications such as ICA Diploma, ACAMS or IBF
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
In International Wealth and Premier Banking, we serve 41 million customers globally, including 6.7 million who are international, from retail customers to ultra high net worth individuals and their families. We help our customers to take care of their day-to-day finances and to manage, protect and grow their wealth. Our international network and breadth of expertise enable us to deliver on HSBC’s purpose of opening up a world of opportunity by providing our customers with borderless banking and world-class wealth management through best-in-class, mobile-first capabilities and exceptional people. Our key areas of operations include Retail Banking and Wealth Management, Asset Management, Global Private Banking, Insurance, and Chief Operating Office.
We are currently seeking a high calibre professional to join our team as a VP, Risk and Controls - Retail Banking & Wealth.
In this role you will:
- Lead QC analysts, ensure checks meet agreed SLAs, report quality-score MI to Business Heads and Regional BFCR, and provide monthly updates at Risk and AO Forums.
- Tabulate quarterly QC results and provide RM scorecard ratings; share findings with onshore and offshore teams each quarter.
- Develop and implement risk and control processes with Risk Stewards (2LoD), aligned with regulatory requirements, internal standards and the Group Operational Risk Management Framework.
- Enable clear and consistent articulation of the business risk profile, including key-control design, operating effectiveness, health, monitoring plans, reporting and oversight.
- Identify, assess and escalate control weaknesses, anomalies, emerging and aggregated risks that may breach tolerance; perform RCA scoping, refresh assessments and support risk appetite and governance activities.
- Support end-to-end management of IWPB Important Business Services (IBS), including IBS assessments, asset-level continuity planning, testing, vulnerability follow-up, timely completion and guidance to Business Service Owners.
- Represent IWPB at Operational Resilience forums, coordinate IBS inputs and collaborate with Incident Owners to ensure incidents are logged and reported within SLA; review and challenge root causes and remediation actions.
- Identify thematic issues through back-book reviews, coordinate effective action plans with business units, and ensure regulatory reporting, including PDPC submissions, meets required standards and deadlines.
To be successful you will need:
- Leadership experience across front-line and risk roles, with strong AML/KYC and operational resilience knowledge.
- Proven problem-solving skills, applying lateral thinking and pragmatic solutions.
- Strong understanding of IWPB products, services and business operations.
- Excellent risk acumen, with the ability to identify issues and deliver improvement plans.
- Confident communicator and influencer who can engage senior stakeholders and constructively challenge the status quo.
- Bachelor’s degree, 5+ years’ experience in risk and controls; AML qualifications such as ICA Diploma, ACAMS or IBF are advantageous.
You’ll achieve more when you join HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by HSBC Bank (Singapore) Limited.
Company
Company facts come from this company's own listings. We only show what the postings themselves carry.