VP, Stress Testing, GT Greater Najafgarh, India Area

Job title: VP, Stress Testing, GT

The purpose of the role is two-fold; the key day to day contact ensuring efficient coordination of Valuation in Resolution (ViR) capabilities for Treasury, and to also support the delivery of Valuation 2 which delivers financial information to assist the board and an Independent Valuer with decision making through a resolution scenario.

In this role, you will:

Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)

Support the coordination of the ViR testing activities, ensuring the timely and complete execution of Valuations 1 to 4.

This includes leading on the development of annual testing plans, through to ensuring the key stakeholders are aligned on the testing requirements, alongside ensuring timely execution by running command and control meetings for ViR.

Development of ViR SteerCo agendas and ensure delivery of materials to support this forum.

Own the delivery of the Valuation 2 runbook and support regular Valuation 2 governance meetings to plan, track and report on progress and completion.

Support Recovery and Resolution Office during integrated testing and ensure ViR components of these exercises are submitted on a timely and complete basis

Lead the delivery of Valuation 2 runbooks to support annual attestation of sufficient ViR capabilities to the Bank of England;

Ensure consistency and alignment across each of the Valuations with regards capability documentation such as operating models and run books whilst also supporting the Group Recovery and Resolution Office to meet their documentation requirements.

Responsible for the preparation and review of all ViR reporting that to the Bank of England to support attestation of capabilities

Prepare governance materials for various internal and external stakeholders ensuring the ViR capabilities are accurately represented, with a particular focus on recent testing/ enhancements and future focus areas

Plan and manage ad-hoc requests and queries raised by senior management to ensure relevant and timely response.

Ensure compliance with Group Standards Manuals and the appropriate Functional Instruction Manuals.

Maintain the control framework over ViR outputs to ensure submissions are made in a timely manner, are accurate and adhere to high standards.

Manage increasing regulatory demands for information, and specifically forward-looking information, while maintaining quick team turnaround. Being able to manage customer demands, across the various matrices of responsibility, while delivering to tight deadlines is critical.

Develop strong teams by on-boarding, training, developing talent and proactively retain high performing team members. Develop specialist analytical skills within the team to enable the delivery of insightful business analysis.

Ensure risks and issues are identified, managed closely, and remove project blockers from the team. Drive continuous improvement and simplification to improve operational efficiency and focus on data insights.

Make key decisions to ensure the successful implementation of all initiatives, analysis or projects. Identify opportunities and actively drive the development, deployment and execution of strategic projects.

Leadership & Teamwork

Ensure personal integrity and adherence to established HSBC policy on conduct, compliance and ISR

Manage effective and enduring relationships with various stakeholders to understand, recommend and drive delivery against business requirements/agenda.

Working with and liaising with teams across multiple functions to share knowledge and best practices.

The role holder shall also be expected to guide and lead team members from a functional perspective and help them build up a strong culture of delivery and professionalism.

Understand the training needs for oneself as well as for the team and take initiative to follow through the development plans.

Demonstrates a drive for excellence and continuously looking at ways to improve processes and outputs

Proven leadership and relationship management skills in dealing with all levels, with the confidence to interact with executive & senior management and make measured decisions

Excellent communication (written & verbal), planning and organisation skills

Well-developed leadership skills, with experience of team management across a diverse team and demonstrating ability to use initiative and effect change through people in a large matrix organisation

Prior experience of working with offshore/satellite teams is desirable

A self-starter who is not afraid to speak up and face a challenge; also open to listen to guidance and learn as they go.

Exceptional drive and commitment; ability to work and thrive in a fast changing, results driven environment; and proven ability in handling competing priorities

To be successful you will:

Functional Knowledge

Preference for a candidate with a professional qualification / certification or other numerical discipline, equivalent with relevant work experience of 10-12+ years, preferably in financial services or consulting firm.

Good understanding of the regulatory and legislative framework within the Recovery and Resolution arena.

Demonstrates excellent delivery skills and has experience in delivering financial regulatory reporting and running regulatory exercises e.g. stress testing in large and complex organisations

Demonstrates a strong understanding of financial statements, finance processes and finance systems

Demonstrates a drive for excellence and continuously looking at ways to improve processes and outputs

Understanding of data architecture, finance and accounting systems.

Strong analytical skills with business analysis experience or equivalent. Knowledge and understanding of financial services/ banking-operations preferred.

Strong organizational, problem-solving and verbal and written communication skills

Ability to manage multiple projects, stakeholders, identify scope of improvement and provide efficient data driven solution

Ability to work in cross-functional teams. Strong interpersonal skills and drive for success

Managing relationships with key stakeholders to build confidence in team and enable stakeholders’ investment in development of the team.

Others

Experience in understanding regulatory requirements for Stress Testing and Capital Management or Recovery and Resolution frameworks.

Proven ability to produce clear summaries and reports from complex information, including both written documentation and graphical material

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HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

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