Vice President, Unsecured Credit Risk Management

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 Job Description - Vice President, Unsecured Credit Risk Management (0000CQ1R)

Job Description 

Vice President, Unsecured Credit Risk Management : 0000CQ1R 

Description

 

Manages staff responsible for design, development, implementation and validation of credit policy, risk and/or marketing systems in an effort to manage the risk of consumer receivable portfolios. 

 

Impact on the Business 

  • Manage staff and/or external consultants in the development and/or implementation of statistical models, risk criteria, credit attributes, and alternative strategies for direct mail response/activation, account acquisition, credit limit settings, authorizations and collections
  • Work with senior management in the development of risk management systems and strategies. Should work with Technology Services and external vendors to select, design and implement risk management/data aggregation systems, as appropriate
  • Manage credit risk management assignments and projects undertaken by independent external consulting organizations. Ensure effective, efficient and compliant results

Operational Effectiveness & Control 

  • Develop and recommend credit standards for one or more business units
  • Develop and install credit monitoring and tracking systems designed to quantify the differences in effectiveness of alternative strategies for credit limit management authorizations, underwriting standards for account management and collections
  • Should review and analyze existing business unit strategies and recommend and implement new strategies, as appropriate (i.e. credit line management, collections, authorizations, communications, card reissue, and dynamic re-pricing modules)
  • Develop economic and portfolio forecasts including a thorough analysis of portfolio performance and loss analysis/segmentation

Role Context

  • This position should directly manage at least two professionals
  • Additional responsibilities that this position may have within specific HSBC business units:
  • Manage and monitor access and usage of credit bureau related products and services
  • Provide regular tracking reports to business units regarding data related expenses
  • Ensure contractual requests are appropriately reviewed by corporate and/or external counsel

Management of Risk 

  • Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues
  • Promote an environment that supports diversity and reflects the HSBC brand

Observation of Internal Controls 

  • Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
 

Qualifications

 
  • Seven years proven credit policy and/or credit risk management experience, or equivalent. Knowledge and understanding of financial services preferred

  • Bachelor's degree in mathematics, statistics, finance, economics, related field or equivalent experience; Masters Degree preferred

  • Strong management, interpersonal, organizational, analytical, problem-solving, negotiation, project management and verbal and written communication skills
  • Proficiency with personal computers as well as pertinent mainframe systems and software packages

EEO/AA/Minorities/Women/Disability/Veterans 

 

Job Field

 : Risk Management

Primary Location

 : North America-United States-Illinois-Arlington Heights

Schedule

 : Full-time 

Shift

 : Day JobType of Vacancy : Country vacancy

Job Posting

 : 14-Mar-2019, 05:23:59 

Unposting Date

 : Ongoing  



13 April 2019
Location: United States Illinois Arlington Heights
Work type:
Full time
Sector:
Banking and Financial Services
Profession:
Other
PLEASE! No enquiries from Recruitment Agencies or Headhunters.

Only direct applications will be considered.

This career opportunity is no longer open.
Please search for current vacancies here.


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