Vice President - Credit Risk Management

As the Vice President of Credit Risk Management at HSBC, you will play a critical role in managing the credit risk of the bank’s lending portfolio. As a senior leader, you will bring a unique blend of expertise, experience, and enthusiasm to this role. You will be responsible for developing strategies to identify, monitor, and mitigate credit risk, while ensuring that the bank’s risk appetite is met.To be successful in this role, you must have a minimum of ten years of experience in credit risk management, with a focus on commercial, retail, and consumer lending. You will have a deep understanding of credit risk management principles and regulations in the banking industry, and have a strong track record of developing and implementing successful policies and procedures. Additionally, you will have excellent communication and collaboration skills, and be able to work with stakeholders across all levels of the organization.

Responsibilities:

1. Lead the team in developing and executing strategies to identify, monitor, and mitigate credit risk.
2. Develop and implement policies and procedures for managing credit risk in the banking industry.
3. Monitor the bank’s risk appetite to ensure it is met.
4. Maintain an up-to-date understanding of credit risk management principles and regulations in the banking industry.
5. Establish effective communication and collaboration with stakeholders across all levels of the organization.
6. Provide guidance and support to the team to ensure successful credit risk management.
7. Analyze and assess the potential risks of the bank’s lending portfolio.
8. Monitor and report on the performance and effectiveness of credit risk processes.
9. Ensure compliance with applicable laws and regulations.
10. Identify and manage areas of potential risk.

According to JobzMall, the average salary range for a Vice President - Credit Risk Management in New York, NY, USA is between $159,895 and $239,842 per year.

HSBC Holdings Plc operates as a holding company for the HSBC Group. It provides banking and financial services through four global businesses, including Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets and Global Private Banking. The company's operating segments are organized into six geographical regions, including Europe, Hong Kong, Rest of Asia Pacific, Middle East and North Africa, North America and Latin America.