Job description

Operating in a highly competitive environment, the WPB business leverages various suppliers, affiliates, and other third party engagements to provide efficient distribution channels that will differentiate our customer experience and deliver market leading wealth management solutions. With presence in multiple countries and numerous third party engagements, third party risk management for WPB is a critical function, responsible for managing day to day risk presented by these operations.

The role holder is expected to support the WPB business Third Party Risk Team in executing the requirements for framework implementation and exercising governance covering the complex operating structure and model within WPB. Responsibilities will include program delivery coordination, stakeholder management, and helping navigate complex policy requirements across business operating requirements.

About Us

HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfill their hopes and realize their ambitions.

You will be responsible for:

• Embedding and overseeing third party risk procedures assuring adherence to Group Third Party Risk Management (TPRM) Policy and Framework within WPB.

• Engaging with Third Party Engagement Managers, business partners, and key stakeholders to promote coordinated, effective, and consistent adoption of Group TPRM Policy and Framework.

• Oversight and assessment, throughout supplier lifecycle, ensuring TPRM processes are being performed to a satisfactory and consistent quality.

• Review and monitor Third Party Risk related issues across all entities within WPB to ensure key issues/incidents are being reported and remediated in a timely and satisfactory manner

• Measure Third party against set risk objectives and controls

• Agree approach, implementation plans and timelines with the regions for global projects and change initiatives.

• Facilitate periodic conformance/ quality monitoring leveraging analytical tools and techniques to ensure compliance across markets

For this role, HSBC targets a fixed pay range between $63,500 and $147,500.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions.

• Extensive third party risk management background, 5-10 years’ experience

• A good understanding of HSBC, its markets and the regulatory environment it operates in.

• Experience in outsourcing, vendor, supplier or third party management across governance and policy will be preferred.

• Strong communication and presentation skills required; with excellent planning, organizing, influencing and commercial skills

• Highly effective in working with all levels of management and staff and in a matrix environment; adapts well to multi culturally diverse work environments; ability to manage resources in the most effective way to achieve cost/service levels.

• Strong Relationship management and risk management skills.

• Extensive experience of using multiple analysis techniques in a change environment, with a mix of business, operations and technology focused projects

• Advanced judgmental skills to identify and resolve problems

• Proven ability to work with senior stakeholders and business sponsors

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

HSBC is one of the world’s largest banking and financial services organizations. Our global businesses serve around 39 million customers worldwide through a network that covers 62 countries and territories. Our customers range from individual savers and investors to some of the world’s biggest companies, governments and international organizations. We aim to connect them to opportunities and help them to achieve their ambitions.