Special Credit Manager

6 days ago


Greater London, United Kingdom HSBC Full time

Special Credit Manager – Risk and Compliance Some careers open more doors than others. If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward‑looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry‑leader in many respects, we want to continue setting standards and evolving to respond to strategic changes. As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK‑based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution. We are currently seeking an experienced individual to join this team in the role of a Private Bank Special Credit Manager. The Private Bank (PB) maintains relationships with the Bank’s high net worth (HNW) clients. Where HNW clients are experiencing financial difficulty Private Bank Special Credit Unit (PBSCU) undertakes a significant role in supporting PB Client Managers in identifying “route cause” and negotiating turnaround strategies. Whilst the primary objective is always to maintain long term client relationships if this is not possible Special Credit Managers will seek to consensually agree repayment strategies. As a Special Credit Manager you will take primary responsibility for a portfolio of both Credit & Negotiation (direct client engagement ) and Advisory (supporting PB Managers) cases within a risk profile of


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