Chief Risk Officer

6 days ago


Dubai, Dubai, United Arab Emirates myGwork Full time
Lead Risk Management for Wealth and Personal Banking

As a key member of the Wealth and Personal Banking Executive Committee, you will be responsible for developing and implementing the risk management strategy for our business. This includes leading risk analytics, ensuring top risks are highlighted and managed, and developing a framework to identify emerging risk issues.

Key Responsibilities:
  • Risk Analytics: Lead the development and delivery of risk analytics to enable desirable business outcomes.
  • Risk Management: Ensure that top risks are appropriately highlighted in the Regional Risk Management (RMM) frameworks and that these risks are being effectively managed.
  • Emerging Risk Issues: Develop and implement a framework to identify emerging risk issues and ensure that mitigating strategies are in place.
  • Regulatory Relationships: Establish and maintain effective relationships with regulators for WPB risk-related matters.
  • Risk Management Framework: Oversee the implementation of the risk management framework to enhance, standardize, and integrate various risk activities and capabilities.
  • Industry-Leading Risk Management: Lead MENAT WPB Risk to be considered industry-leading and fit for purpose, underpinned by an appropriate governance infrastructure.
  • Active Risk Management: Exercise active risk management for WPB Risk, defining guardrail credit performance parameters that are monitored in credit performance dashboards.
  • IFRS9 Implementation: Ensure effective management of IFRS9 implementation and compliance, model management, forecasting activities, and stress testing.
  • AM, Insurance, and Private Bank & Wealth Risk: Provide effective oversight for AM, Insurance, and Private Bank & Wealth Risk activities in MENAT.
  • Control Environment: Effectively manage the control environment within the MENAT WPB Risk function.
  • Cost Discipline: Maintain cost discipline and achieve efficiencies where appropriate for MENAT WPB Risk and support wider cost initiatives in the Group.
  • HSBC's Purpose and Values: Act in accordance with HSBC's purpose and values, being cognizant of all applicable local legal, fiscal, regulatory, and shareholder requirements.
  • Risk and Control Culture: Foster a strong risk and control culture, including ensuring adequate management focus and demonstrative 'tone from the top.'
  • Culture of Fair Treatment: Champion a culture that prioritizes the fair treatment of all customers, including particular attention to vulnerable customers.

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