Senior Audit Manager, Credit Risk

HSBC • Buffalo, NY

17d

About The Position

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
Global Internal Audit provides independent, objective assurance to management and the risk and audit committees as to whether the framework of risk management, control, and governance processes, as designed and represented by management, is adequate and functioning. We are currently seeking a high caliber professional to join our team as Senior Credit Risk Audit Manager.
As the Senior Credit Risk Audit Manager, you will:
Perform quality audit work in accordance with the Group Audit Instruction Manual (AIM) to ensure controls are in place to effectively manage credit risk
Ensure related risks, conclusions, root causes proposed management actions are reasonable and well based
Responsibility for the drafting of audit reports and conclusions for each audit, ensuring reports accurately reflect audit findings documented in audit work papers
Ensure controls are in place to effectively manage and identify credit risk, in accordance with HSBC and regulatory standards
Execute a programme of continuous monitoring for a defined portfolio of businesses and countries through the use of data analytics and regular bilateral meetings with stakeholders, participation in governance forums, ongoing analysis of businesses’ risk profiles, and delivery of continuous monitoring reports to contribute to the ongoing review and design of the Annual Audit Plan
Maintain and enhance stakeholder relationships through regular bilateral meetings, appropriate challenge in risk governance forums, and keeping in touch with business, regulatory and industry developments
Strengthen Internal Audit’s relationship and reputation with key stakeholders including Global Functions, Businesses and Regulators.
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.

Requirements

• Extensive and proven progressive audit, credit risk management experience and/or business or equivalent
• A solid understanding of credit risk, with working experience in a retail or wholesale credit risk function desirable
• An analytical thinker who is confident approaching areas outside of expertise in a thorough and detailed manner, getting to the heart of the key features and aspects quickly
• A great communicator, verbally and in writing, with convincing presentation, persuasion and influencing skills, even when delivering difficult messages to senior stakeholders
• A professional with many years of experience working in a dynamic, complex and at times ambiguous environment, with relevant achievements in a function such as audit or credit risk management
• Dedicated to continually learning and improving skills, which could be demonstrated by holding relevant professional qualifications such as in accountancy, finance or risk management, but also keeping up-to-date with developments in the banking industry, across markets and regulations
• Excellent at managing multiple competing priorities on different concurrent projects, and able to ensure delivery of objectives through analysis of options and coming to pragmatic decisions
• A solid team player, with a demonstrable desire to help the team as a whole achieve its objectives.

Nice To Haves

• Professional certification (s) preferred

Responsibilities

• Perform quality audit work in accordance with the Group Audit Instruction Manual (AIM) to ensure controls are in place to effectively manage credit risk
• Ensure related risks, conclusions, root causes proposed management actions are reasonable and well based
• Responsibility for the drafting of audit reports and conclusions for each audit, ensuring reports accurately reflect audit findings documented in audit work papers
• Ensure controls are in place to effectively manage and identify credit risk, in accordance with HSBC and regulatory standards
• Execute a programme of continuous monitoring for a defined portfolio of businesses and countries through the use of data analytics and regular bilateral meetings with stakeholders, participation in governance forums, ongoing analysis of businesses’ risk profiles, and delivery of continuous monitoring reports to contribute to the ongoing review and design of the Annual Audit Plan
• Maintain and enhance stakeholder relationships through regular bilateral meetings, appropriate challenge in risk governance forums, and keeping in touch with business, regulatory and industry developments
• Strengthen Internal Audit’s relationship and reputation with key stakeholders including Global Functions, Businesses and Regulators.

Benefits

• 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 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed