The role holder will have the following broad primary responsibilities:
Assist Senior Credit Approver Officers in the analysis and evaluation of credit applications within specified thresholds for the Commercial Real Estate business within the Wholesale Commercial Banking business.
Assist in CRE Portfolio Management and special projects including ongoing portfolio review using portfolio analytical data and latest geographical and property type third party market data. Perform portfolio reviews with the first line of defense. Assist with projects related to the CRE risk ratings models and CCAR. Assist with Credit Policy related projects including requirements for portfolio-wide, re-classification or data integrity fixes. Assist with portfolio special requests from Regulators, Auditors or Accountants.
Additional Development Responsibilities :
Assess credit proposals, undertaking appropriate analysis and making final recommendations up to appropriate and agreed thresholds, on the basis of professional credit judgment and in accordance with Bank Lending Policies. Timely delivery of well-balanced recommendations/ assessments delivered with professionalism.
Analyze CRE borrowers including the following collateral: Residential Rental, Residential for-Sale Condominium, Office, Retail, Hotel and Industrial/Warehouse properties.
Review CRE CARM applications submitted to CAU for accuracy of the proposal write up and data in the CARM panels and check for required Attachments in CARMs as well as accuracy thereof.
Work independently on / analyze credit proposals rated CRR 2.2 or better to recommend appropriate lending positions and risk ratings per standard WMR credit approval procedures and to reach solutions when warranted in close and constructive collaboration with colleagues within WMR CoE, Wholesale Credit Risk and Business Teams in HSBC US.
Participate in credit / risk meetings with Front Office / HSBC US WMR colleagues.
Strict adherence and maintenance of appropriate credit standards in the recommendation / approval and control of lending.
Closely monitor risk events and be able to timely escalate to management.
Impact on the Business
Assess complex credit proposals, undertaking appropriate analysis and making final recommendations up to the appropriate and agreed thresholds, on the basis of professional credit judgment and in accordance with Bank Lending Policies. Timely delivery of well-balanced recommendations / assessments, delivered with professionalism
Research, recommend and assist in the implementation of credit management techniques
Contribute to the achievement of the operating plan with respect to revenue, impairment charges, risk measures and RWA impact
Assist in managing operational costs within AOP
Adopt a proactive, strategic, forward looking and portfolio view of Commercial Real Estate
Customer / Stakeholders
Deliver best in class service levels to customers and meeting SLAs
Effective and strong stakeholder management - maintain strong working relationships with the respective Business and both onshore and offshore Risk colleagues through efficient use of the available communication tools and effective networking
Educate peers as to specific risks of this sector.
Represent Wholesale Credit Risk with professionalism in interactions with Regulators, Audit Functions, and Senior Business or Risk counterparts
Leadership & Teamwork
Provide professional feedback on the ongoing performance and actively engage with colleagues / employees
Promote an environment that supports diversity and reflects the HSBC brand
Provide guidance to the business to enable enhanced First Line of Defense performance
Internal Number: 731164
HSBC was born from one small idea: a local bank serving international needs. We started our business in Hong Kong in 1865. In 2015, HSBC celebrates its 150th year anniversary. Over the years, HSBC grew through expanding its branch network, offering new products and establishing its own investment banking arm.
We aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and ultimately helping people fulfill their hopes and realize their ambitions.
• Located in 72 countries and territories
• Serving around 48 million customers
• Supported by over 268,000* people
• Head office in US is New York City
We aim to be dependable, open and connected in everything we do. We want to ensure that our employees feel able to stand up for what is right, highlight potential risks and act with integrity, even when faced with pressure to act otherwise. By doing so, we will be able to meet expectations of society, customers, regulators and investors. To make sure everybody at HSBC lives up to these values, they are a part of everyone's annual performance review.
At HSBC, you will find that we are dependable, o...pen to different ideas and cultures, and connected to customers, communities, regulators and each other. Our culture has a family feel to it – our employees are encouraged to work together to reach a common goal. This idea is supported and encouraged at the leadership level and passed down.
Our size and global reach mean more opportunities for you to grow your career with us.
We are looking for forward-thinking, driven, perceptive candidates to help our customers realise their hopes, dreams and ambitions.
This means people who are dependable, open to different ideas and cultures, and enjoy being part of a team; people who have the potential to become the future leaders of HSBC.
We encourage you to drive your own development and build your network within your office and around the world.
We provide the opportunities for you to connect with customers, colleagues and the communities in which we operate.