Transaction Risk Senior Manager

ppBeing part of HSBC in France,you’ll help evolve and grow our business. /p pbr/Global Trade Solutions (GTS) comprises over 4,500 people across more than 60 countries, helping suppliers and buyers with their export and import finance needs. GTS is a key strategic business for the HSBC Group and is recognised as a leading trade provider both globally and regionally. /p pAre you curious, organised and solution oriented? Do you have a true interest for trade and receivable finance? Do you enjoy working in a team and in an international and fast-paced environment? If you answered yes to any of these questions, we want to hear from you /p pbr/We are currently seeking an experienced individual to join this team in the role of bTransaction Risk Senior Manager /b. /p h3What you will do: /h3 pThe Transaction Risk Senior Manager role is based within Global Trade Solutions (GTS) / Transaction Risk Management (TRM). The Transaction Risk Senior Manager is responsible for the effective identification, assessment, ongoing management, monitoring and mitigation of existing transaction risk for Commercial clients. The role is responsible for managing the overall risk within the Receivable Finance (RF) portfolio in Continental Europe, and more specifically Germany, including but not limited to credit, operational, collateral and fraud. /p h3In this role you will: /h3 ul liMonitor portfolio trends including sectors, positions of concern, delinquent positions and non-recourse structures, ensuring alignment within risk appetite and taking appropriate action to mitigate loss including reviewing information at individual seller and portfolio level to identify anomalies and trends; /li liProduce portfolio risk reportings, participate in the preparation of the decks for RF and GTS risk meetings and reports for regulators; /li liManage underwriting of new credit opportunities and renewals including submission of appropriate recommendation to Wholesale Credit Risk; /li liManage the analysis and management of buyer credit risk and related Trade Credit Insurances policies; /li liReview the seller’s ability to comply with undertaking and reporting requirements, ensuring that risk identified as a result of survey work is mitigated and, in collaboration with the deal team, appropriate structure and subsequent risk mitigation is implemented; /li liWork closely with GTS Client Management and Sales teams in Continental Europe and across the GTS and broader Risk function community including Regional Global GTS Product Risk functions and Wholesale Credit Risk; /li liCommunicate and adhere to HSBC policy and procedures in order to ensure good operational, financial and project management, as well as early identification and effective resolution or escalation of issues that arise, taking required action in relation to points raised by audit and/or external regulators; /li liParticipate in various cross functional projects of the Bank in line with TRM risk monitoring function; /li liDevelop and recommend changes and improvements to operating models, procedures and practices based on subject matter expertise and understanding of HSBC and market best practice; /li liContribute to team development, effectiveness and success by sharing knowledge and good practice, working collaboratively with others to create a productive, diverse and supportive working environment /li /ul h3You should apply if you have: /h3 ul liReceivables Finance or Trade Finance experience /li liRelationship Management and/or Risk experience /li liExcellent stakeholder management skills /li liUnderstanding of the regulatory frameworks and compliance requirements /li liAbility to understand and interpret financial information/analysis /li liBasic understanding of Europe Insolvency Law /li liFluency in both spoken and written French and English languages (German skills would be a plus) /li /ul pEven if you feel you do not meet 100% of our qualifications, we encourage you to apply, if you believe this role is right for you. /p h3What you’ll get in return: /h3 pbr/HSBC operates multiple variable pay plans, to reflect the diverse nature of the businesses, roles and markets in which we operate. Variable pay is designed to reward colleagues for their individual performance and contribution, as well as the performance of their relevant Business / Infrastructure, and the overall Group. /p pbr/We offer a comprehensive and competitive package of benefits covering usually covering healthcare, life assurance, pension, and family friendly leaves, as well as many other benefits to support your wellbeing. /p ul liWe’ll help you progress your career, including access to bdevelopment programmes /b, through HSBC University and our Degreed platform /li liYou can work your way and will have a say in when, where and how you and your team bflexibly /bwork together /li liOur benefits will give you bfinancial security /b, and can include company savings plan (PEE), savings plan for collective retirem