Business Risk Control Manager Jobs Vacancy in Hsbc Vancouver
Hsbc Vancouver urgently required following position for Business Risk Control Manager. Please read this job advertisement carefully before apply. There are some qualifications, experience and skills requirement that the employers require. Does your career history fit these requirements? Ensure you understand the role you are applying for and that it is suited to your skills and qualifications.
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Business Risk Control Manager Jobs Vacancy in Hsbc Vancouver Jobs Details:
Job Grade: GCB 5
Global Vision. Local Focus.
Things really are different here. A career with HSBC in Canada is truly an experience that few financial service organisations can match. Here you will find yourself inspired and supported by colleagues whose daily responsibilities cross time zones, continents and cultures. You will be motivated to aim for your highest aspirations, and enjoy the rewards of belonging to a diverse and growth-driven culture.
Canada is a priority market for HSBC. We remain focused on growing customers locally with our unique products, and we offer a full suite of solutions developed from our global connectivity and network. HSBC has the institutional strength, capacity and commitment to support our Canadian client’s requirements here and around the world. Employees who thrive at HSBC are service focused, entrepreneurial and driven. They show collaborative spirit and a quest for continuous improvement, while having the industry expertise and business acumen to deliver.
About Retail Banking & Wealth Management
Retail Banking and Wealth Management serves millions of customers worldwide through our branch network, call centres, and digital and mobile banking. We also connect institutional and retail clients with investment opportunities through our Global Asset Management division.
A day in the life of a Business Risk & Control Manager include the following:
The primary focus of this role is to promote, manage and support the operational risk framework within AMCA (Asset Management Canada) and ensures the Business Management owns its risk and controls as the first line of defence to Operational Risk. This includes the Risk & Control Assessment (RCA), Internal Control Monitoring Plan (ICMP), business information risk and vendor risk management activities.
The job holder will:
- Support businesses in their management of operational risk through the course of risk assessment, monitoring, control identification, mitigation and measurement.
- Ensure timely and proper attention is paid to operational risk issues in order to minimize potential losses.
- Deliver training programs upon request for all levels of business partners.
- Liaise with other business support areas to facilitate operational risk identification and ‘ownership’.
- Serve as deputy business information officer (BIRO) for AMCA
- Attend other duties as assigned.
- Operational Risk
- Information Risk
- Vendor Risk
- Compliance Risk
- Dark Corners
- Manage and lead the operational risk activities of the business in accordance with the HSBC Group operational risk framework.
- Support the BRCM (Business Risk and Control Management) activities for AMCA.
- Update and maintain the Risk & Control Assessment (RCA) document representing the key risks of the business and associated controls.
- Develop and carry out the annual Internal Control Monitoring Plan (ICMP) through control testing, thematic reviews, key risk indicators and other appropriate means to assess the effectiveness of controls in the RCA.
- Manage the incident management process including follow up and investigation of incidents and remedial actions.
- Demonstrate a sound holistic and technical understanding of Asset Management and Group requirements as detailed in Group Standards Manual (GSM) and Functional Instructional Manual (FIM) and local procedures as appropriate.
- Ensure compliance of both general and anti-money laundering and sanction (AML/sanction) compliance controls as well as operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues.
- Assist and provide guidance to the business in adhering to Group manuals/guidelines.
- Support and assist the business in carrying out Information Security Risk (ISR) policies/activities.
- Manage the annual outsourcing exercise.
- Oversee and coordinate business continuity plans for the business
- Assist and coordinate vendor risk management activities.
- Implement changes to business policies and procedures as required.
- Support various risk reporting requirements to key stakeholders.
- Assist in the completion of monthly, quarterly and annual reporting and exercises as appropriate.
- Interacts with management to ensure proper Business Risk program adherence to policy and procedure.
- Reviews Audit reports for follow up of operational risk matters and mitigation.
- Performs monthly review of Key Risk Indicator reports providing feedback to businesses.
- Maintains expertise in specified discipline within business risk (Key risk indicators, losses, risk analysis). Readily shares new information with peers.
- Analyzes data (within specified discipline as well as ‘general’ operational risk) offering suggestions for improvement, identifying areas of concerns to appropriate management, and assisting in identifying controls to mitigate potential loss.
- Ensure implementation of Security, Incident Management and Business Continuity policies and procedures throughout the local businesses.
- Ensure access controls such as access revalidation exercises are completed as required.
- Ensure user administration documentation, procedural manuals, and other documentation is developed and maintained as required.
- Apply compliance; internal and operational risk controls in accordance with HSBC or regulatory standards and policies; report issues and operational loss events.
- Ensure that all employees are aware of and effectively identify and manage applicable money laundering (ML), terrorist financing (TF), sanctions and reputational risks.
- Complete other responsibilities as assigned.
- Incumbents are expected to work within overall guidelines and timeframes put towards them. The position is somewhat autonomous.
- Day-to-day internal working relationships are with:
- Business units – ensuring controls are in place, adequate and protect the business, tracking and remediation of issues.
- Internal risk areas – ensuring proper communication and providing input into process changes, risk initiatives, and acting as the business representative for AMCA
Knowledge & Experience / Qualifications:
- Bachelor's degree in Business, Finance, Accounting, or related field.
- Possess strong knowledge of the financial services and/or investment industry, preferably in a risk, internal audit, compliance, or operations role.
- Minimum of three years proven and progressive financial services operations, risk and/or internal testing/audit experience or equivalent.
- High level of proficiency with Microsoft Office applications, particularly Excel.
- Proven interpersonal, organizational, communication, negotiation and analytical skills.
- Strong conceptual understanding of internal controls and the ability to learn and understand work flows and processes.
- Good working knowledge of HSBC Group standards, manuals and policies.
- Strong organization skills with proven ability to multi-task in a fast paced environment.
- Systems Knowledge
- CRD (Charles River)
In 2016, HSBC Bank Canada was named one of the “Best 50 Corporate Citizens” in Canada by Corporate Knights magazine for the fifth consecutive year.
Here are some of the reasons why:
- Career Development: Within current role, as well as Canadian and international opportunities
- Company Reputation: Offering prestige, strength, and longevity
- Business Growth: Underpinned by our drive, and the highest banking standards
- International Connectivity: Opportunities build global relationships and professional networks
- A diverse workforce: Reflecting our belief that diversity of thought, background and perspective make HSBC a stronger organization
- Corporate Sustainability: We build our business for the long term by balancing social, environmental and economic considerations in the decisions we make
HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in the country. We help companies and individuals across Canada to do business and manage their finances internationally through three global business lines: Commercial Banking, Global Banking and Markets, and Retail Banking and Wealth Management. HSBC Group - one of the world’s largest banking and financial services with assets of US$2,492bn at 30 June 2017. Linked by advanced technology, HSBC serves customers worldwide through an international network of around 3,900 offices in 67 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa.