Head of Treasury, Model, Financial Reporting and Tax Risk Management

Head of Treasury, Model, Financial Reporting and Tax Risk Management Who are HSBC Innovation Banking?HSBC Innovation Banking is the power behind the UK's forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors.Whether it's comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike.Here's to never standing still. Come and join us!The team you'll work with:Our second line of defence (2LOD) risk team provide independent oversight by challenging and supporting the first line in managing risks inherent with HSBC Innovation Banking business activity. Acting as a secure control function, they ensure all activities undertaken on the companies' behalf can be reported on and are aligned with HSBC Innovation Banking's prescribed risk appetite, as well as comply with local and Group level regulatory and compliance requirements.The value you'll add:As a direct report of our Chief Risk Officer, you'll provided Risk Stewardship oversight to the Treasury, Model, Financial Reporting and Tax risks within HSBC Innovation Banking UK. You will be a standing member of the Bank's Asset and Liability Management (ALCO) and Risk Management Meeting (RMM) to provide Second Line input and opinion papers on the management of Treasury, Model and Financial Reporting and Tax Risks.What you can expect to be doing:Providing subject matter expertise, advice, guidance and effective challenge within a second line of defence capacity across treasury and model risk management.Providing review and challenge of the control framework and risk management profile of treasury, model, financial reporting and tax risks.Partnering with the business to understand the impact on the risk profile of emerging risks, change initiatives and new or changed products and services.Advising on technical interpretation proposals relating to treasury risk management, such as funding / capital transactions, and ensuring adequate financial resources are in place via review and challenge of capital and funding plans .Providing oversight on the management of treasury risk through advice on risk measurement and reporting and providing input and guidance on behavioral assumptions and hedging strategies associated with the management of interest rate risk in the banking book.Providing Risk Steward opinion on the risk profile of treasury, model and financial reporting and tax within governance forums.Understanding the impact of external environment changes, emerging risks and changes to the business strategy on the risk profile of treasury, model and financial reporting and tax risks.Ensuring that any local regulatory requirements are captured within the applicable policies, and that the minimum requirements applicable to the management of risk are complied with by the Risk and Control OwnersSupporting the establishment of appropriate risk appetite measures to mitigate the key risks associate with treasury, model, financial reporting and tax risks.Providing input and challenge to the stress testing framework to ensure that it is commensurate with the risk profile of the BankRequirementsExperience in managing Treasury Risk within a Commercial Banking environment, either in a First or Second Line of Defence capacity, with an in-depth knowledge of Interest Rate Risk in the Banking Book, Capital, Liquidity, Transactional and Structural Foreign Exchange Risk .An understanding of Market Risk concepts such as the monitoring and valuation of derivatives.Experience of Model Risk Management, either within Treasury or a wider Bank environment and the risks that can arise to the Bank though the use of Models .Experience of working within a risk management framework with respect to the management of risks and controls .An understanding of the regulatory framework as it pertains to Prudential Risk Management and the associated regulatory reporting requirements with a particular emphasis on Treasury activities.Proven track record for presenting within Executive Management meetings, with very strong written and verbal communication skills from Board-level down.Excellent relationship and stakeholder management skills.Experience in managing a small team of SME's and being comfortable translating technical theories into simple and understandable concepts.Experience of working in smaller organizations where a pragmatic approach to risk management is sometime required.An appreciation of Financial Reporting and Tax controls would be an advantage for the role.Comfortable in gaining experience to provide Risk Stewardship oversight of other risks such as Pension and Insurable risk.Where you'll be based:Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office.Equal Employment OpportunityWe know that some people may be put off from applying for a role if they don't meet all elements of a job description. If you think you can make a difference to our business, then why not give us a try?HSBC Innovation Banking is an equal opportunities employer. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, age, religion, sexual orientation, disability or neurodiversity.If you'd like to apply for one of our roles and need adjustments made, please contact our Recruitment Helpdesk:Email: #####
#J-18808-Ljbffr