Analyst (UAE National Role) - Business Credit Office

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HSBC Corporate and Institutional Banking (CIB) is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

Credit & Capital Management Services (CCMS) under CIB are in the process of implementing a new, modern, and consistent E2E operating model.  A key component of this operating model is the introduction of a first line credit management office, the Business Credit Office (BCO). The BCO function will complete tasks currently owned by multiple actors in the management of the first line credit risk responsibilities including structuring, credit analysis and rating recommendation, client credit monitoring tasks, credit terms and docs negotiation with WCMR and clients acting as a single handoff from a RM to the BCO for all Credit & Lending (C&L) tasks, creating a single control point. The function will be client facing and customer service orientated.

We are currently seeking an ambitious UAE National to join the team as an Analyst who will provide credit advisory and support services to BCO Managers and Relationship Managers (RMs) / Coverage. The role holder is responsible for co-ordinating and completing credit applications or renewals as well as managing risk escalation. In discharging their duties, the role holder must implement a common, reliable, and predictable underwriting and lending process, that protects the business from exposure, whilst responding to clients borrowing needs.  The role holder will report to the BCO Manager and will work closely with the Coverage and Transaction Support teams to ensure seamless customer experience and consistency of service for all customers.

In this role, the key responsibilities will include:

•    Responsible for the delivery of BCO tasks in line with agreed OKRs, SLAs and KPIs
•    Support the end-to-end Credit & Lending servicing journey, ensuring a seamless and efficient process for both customers and internal stakeholders
•    Assist the Relationship Manager with credit analysis and the timely submission of credit proposals for facilities for both existing and prospective clients •    Liaise with relevant teams for the preparation of facility letter and any other internal security documents.  Ensure completeness of security documentation prepared by external legal counsel.  
•    Proactively manage the credit quality of the supported portfolio by i) conducting periodic credit reviews;     ii) tracking and reporting of compliance with covenants and conditions of approval; and iii) promptly  escalating deviations to the Risk team for resolution. 
•    Actively participate in training sessions to continue to develop credit skills, product knowledge, industry knowledge and client management skills. 
•    Ensure the consistent application of HSBC policies and adherence to regulatory, financial, and legal standards to minimise business and reputational risks 
•    Support the BCO Manager and Team Lead on ad-hoc requirements and other strategic initiatives to streamline and simplify end-to end credit & lending process
•    Participate in deal discussions and meetings with clients as required
•    Protect the Bank by acting as First Line of Defence and adhering to all controls
•    Maintain HSBC internal control standards, including timely implementation of internal and external audit recommendations, along with addressing any issues raised by external regulators.

To be successful in the role, you should meet the following requirements:

•    Experience gained at a boutique advisory or big four institution is highly preferred
•    Bachelor’s degree in business, Finance or a related field is desirable
•    Analytical with a keen eye for details  •    Comprehensive understanding of risk management and proven experience in ensuring compliance (self and others) with organisational and regulatory requirements 
•    Strong communication and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders 
•    A graduation degree is essential for obtaining a UAE visa and work permit. If your university certificate is from outside the UAE, up-to-date attestations and equivalency are also mandatory (Recognition of Higher Education Qualifications Issued Outside The UAE).”

You’ll achieve more at HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.Issued by The Hong Kong and Shanghai Banking Corporation Limited.                

Management of Risk 

The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation, and promote an environment that supports diversity and reflects the HSBC brand.
The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring.   Also by addressing any areas of concern in conjunction with line management and/or the appropriate department.