Snr Mgr Loan Management Unit

7 months ago


UAE, United Arab Emirates HSBC Full time

-Job description

**Some careers grow faster than others.**

If you’re looking for an opportunity to develop your career, take the next step in fulfilling your potential right here.

Special Credit managers for Mid & Large Corporates are responsible for assessing and setting the credit strategy for higher risk or ‘stressed’ ‘Global Banking & Corporate Banking’ accounts within the MENAT region to minimize the risk of loss to the Bank, maximize recoveries and/or optimize income whilst safeguarding the Bank's reputation. The role also encompasses identifying trends and emerging risks in the market, working with the ‘Front Line of Defense’ & Risk Management to identify early warning signs in their portfolios and provide advice on how to avoid credit deterioration and/or potential credit losses.

**Principal responsibilities**:

- In conjunction with the business line seek to identify customers showing first signs of distress so early action can be taken to minimize losses
- Ensure HRPE accounts under SCU management responsibility are pro-actively managed, appropriate professional support obtained, reasons for distress and potential solutions quickly identified, strategy/action plans put in place to minimize loss/maximize recoveries/optimize income/protect Bank's reputation
- Ensure security interests (e.g., Real estate assets) arising from distressed restructurings are effectively managed to maximize recoveries
- Ensure that the Bank’s “Conduct” agenda is always followed seeking to treat customers fairly.
- Control and delivery of MI; Impairment Forecasting; and Executive Meetings
- Work in partnership with our Front Line of Business colleagues to minimize losses.
- Operate within the five tenets of Clear, Consistent, Considerate, Constructive and Consensual in their dealings with HRPE customers
- Work as an integrated member of the SCU team
- Lead, inspire and motivate colleagues by proactively sharing knowledge, experiences, and best practices
- Continually reassess operational risks taking account of the changing economic, legal, and regulatory environment
- Implement Group compliance policy by working in concert with the relevant compliance department
Requirements

**To be successful in the role, you should meet the following requirements**:

- University degree mandatory for UAE visa
- Financial accounting experience and robust credit and financial analytical skills & experience
- An understanding of the legal framework in the region and other relevant jurisdictions - including corporate, insolvency and enforcement law
- Clear strategic and tactical thinking to resolve problems
- The ability to assimilate information rapidly and identify key risks
- The ability to achieve results through others and influence key decisions makers
- Strong negotiation skills
- Ability to balance commercial and risk perspectives
- Positive solution-oriented approach
- Resourcefulness in finding information, contacts, solutions etc.
- Excellent time and organizational management and resilience under pressure
- Proven interpersonal skills to develop relationships with remote stakeholders
- Ability to exercise judgement and show evidence of being able to operate with Courageous Integrity
- Have a good understanding of the Bank’s product range, structured facilities, and pricing, as well as medium term business strategy
- The ability for effective succinct internal communications both within the team and upwards to executive management, including the ability to convey messages effectively to non-native English speakers

Issued by The Hong Kong and Shanghai Banking Corporation Limited


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