Provide visable, strong and clear leadership in implementing the Risk Management Enhancement Framework initiaitves to strengthen the Retail Credit Risk management control environment
Dispatch the Group Risk Stewardship responsibilities for Retail Credit Risk/Controls and credit practices across HSBC Group’s retail banking operations
Drive increased RCR Risk Steward engagement in Region/Market, to demonstrate proactive oversight, review and challenge of the RCR processing control environment and Financial Risk Entity Level Control, including establishing regular touchpoints with Region/Market Risk Stewards
Provide SME guidance and support for Risk and Control Trigger Event reviews and ensure alingment to the refreshed Risk Taxonomy Control Library for RCR processing Risks.
HSBC Group control framework including both Entity Level Controls and and Non-Financial Risk Controls are critical to ensuring the Bank systemically and methodically mitigates Inherent Risk in the provision of Retail Lending Products.
The Bank’s Global Principles, Risk Management and Non-Financial Risk and Control Frameworks follow 5 key steps to ensure we grow our business safely, deliver fair outcomes for customers, and maintain orderly and transparent operation of financial markets. The role involves supporting Stewardship of these 5 steps – i)Define and Enable, ii)Identfy & Assess, iii)Manage, iv) Aggregate & Report and v)Govern for Retail Credit Risk Processes and Financial Risk (Retail Credit Risk) ELC.
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