Chief Risk Officer

To lead, in conjunction with the Wealth and Personal Banking ExCo, the development of the Wealth and Personal Banking risk appetite

• To lead and deliver on Risk Analytics enabling desirable business outcomes
• Ensure that top risks are appropriately highlighted in the MENAT RMM, as well as EMEA WPB RMM, and that these risks are being appropriately managed. Guide Europe WPB Risk Lead on inputs to the Europe RMM
• Develop and ensure implementation of an adequate framework to identify emerging risk issues, and that mitigating strategies are implemented
• Ensure that adequate stress scenarios specific to Wealth and Personal Banking are considered to help understand downside risk sensitivities
• Ensure effective relationships with the MENAT regulators for WPB Risk related matters, act as a guide to the Europe WPB Risk Lead on reg matters where required
• Accountable for the oversight of the risk management framework to enhance, standardise and integrate the various risk activities & capabilities including the implementation of strategic projects and systems.
• Lead MENAT WPB Risk that is considered industry leading and fit for purpose underpinned by an appropriate governance infrastructure.
• Exercise active risk management for WPB Risk. Define guardrail credit performance parameters that are monitored in credit performance dashboards for the identification of early warning signals.
• Ensure effective management of IFRS9 implementation and compliance, model management (e.g. credit scorecards, BASEL and IFRS9 models), forecasting activities, and stress testing
• Provide effective oversight for AM, Insurance and Private Bank & Wealth Risk activities in MENAT.
• Effectively manage the control environment within the MENAT WPB Risk function.
• Maintain cost discipline and achieve efficiencies where appropriate for MENAT WPB Risk and supports wider cost initiatives in the Group
• Act in accordance with HSBC's purpose and values, being cognisant of all applicable local legal, fiscal, regulatory and shareholder requirements as they relate to HSBC.
• Foster a strong risk and control culture, including ensuring adequate management focus and demonstrative “tone from the top”
• Champion a culture that prioritises the fair treatment of all customers, including particular attention