Head of Business Risk, Compliance and Assurance

2 weeks ago


Sydney, New South Wales, Australia HSBC Full time

Some career choices have more impact than others.

At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

As an HSBC employee in Australia, you'll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services, bonus leave days and wellness programmes including discounted gym memberships.

Wealth and Personal Banking (WPB) ambition is to become Australia's #1 International Retail Bank, to focus on the internationalist customer and to build a progressive bank for the future. We are investing in long term growth including expanding our Branch network and digital capability to deliver a premium service to our high net worth customers.

In this role, you will report directly to Head of FCCS and will effectively and adequately scope, manage and reduce WPB's (Wealth and Personal Banking) exposure towards undue risk, whilst maximizing loss mitigation and creating a sustianable culture in order to support such activities. You will be responsible for designing and embedding a robust control framework, leading and performing line 1 assurance activities and being trusted adviser to the business.

Your main responsibilities will include:

  • Ensuring sound processes are in place to minimize operational risk in WPB business and form adequate control in the 'First Line of Defence'
  • Establishing appropriate operational controls based on risk assessments to ensure that the Group's Operational Risk Management Framework is met and fully adhered to
  • Designing and implementing the controls assurance program to monitor, review and test effectiveness of the control environment across WPB.
  • Leading and conducting high quality controls assurance activities, thematic reviews, identify issues and make recommendations to improve the overall control environment, including controls automation.
  • Building a high performing team, with clear professional development opportunities and succession planning.

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