Role Profile We are seeking an experienced resource for the position of Associate Director, Non-Financial Risk - Agency Lending & Liquidity Services. This role sits within the Securities Services Non-Financial Risk team and is responsible for the end-to-end governance, risk oversight, and control framework related to the Agency Lending & Liquidity Services product.
The successful candidate will act as the ASP regional lead for all product related non-financial risk matters, ensuring that our service delivery aligns with contractual obligations, regulatory requirements, and the bank's internal risk appetite. This role requires a unique blend of deep securities services knowledge, agency lending and treasury product knowledge, and a robust understanding of operational and non-financial risk principles.
This role will report to Head of Agency Lending & Liquidity Services Non-Financial Risk, Securities Services.
Key Responsibilities Regional oversight of Agency Lending & Liquidity Services product:
- Support new product and growth initiatives. Review and understand the risks front to back, ensuring risks are mitigated and controlled.
- Support consolidation of existing product governance meetings into a single non-Financial Risk meeting for the Agency Lending & Liquidity Services products.
- Establish and monitor key risk indicators (KRIs) and key control indicators (KCIs) specific to the Agency Lending & Liquidity Services products, providing regular reporting to senior management and relevant committees.
- Support the development of credit controls for Treasury product. Ensure that financial risks that manifest from the product are understood, mitigated and monitored within appetite.
- Collaborate with the product and tax teams to comprehend the changing tax landscape and implement controls to mitigate associated risks.
Qualifications and Experience - Minimum Bachelor's degree in Finance, Business, or a related field.
- Solid experience within the financial services industry with deep understanding of stock lending and treasury functions, their operational processes and the financial risks that can manifest.
- Proven track record in risk management, governance, or controls role, preferably within a 1st or 2nd line of defence function.
- Expert knowledge of non-financial risk frameworks, including operational risk, compliance, and conduct risk.
- Strong experience in the Agency Lending & Liquidity Services products (stock loan, repo, treasury and fx)
- Excellent understanding of the global regulatory landscape impacting Securities Services.
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Issued by The Hongkong and Shanghai Banking Corporation Limited.
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