Chief Risk And Compliance Officer

Description:

As Chief Risk and Compliance Officer (SMF4) for HSBC Innovation Banking UK, you’ll lead the risk agenda for a fast-moving, client-focused business supporting the innovation economy. You’ll set clear expectations for strong risk management and ethical conduct, ensure our Risk Management Framework is effective in practice, and build trusted relationships with senior stakeholders and regulators.

This role is subject to regulatory approval and operates under the FCA Conduct Rules (COCON), including the Senior Manager Conduct Rules.

What You Can Expect To Be Doing

Leadership, culture and conduct

Act as SMF4 and take reasonable steps to ensure effective control, regulatory compliance, appropriate delegation and timely regulatory disclosure (SC1–SC4)
Communicate HINV’s strategy, mission and vision, embedding HSBC values and a client-centric culture that operates with a strong risk culture
Lead a positive, open and co-operative relationship with the PRA, FCA, ICO and other regulators, including appropriate disclosures
Drive the people agenda: talent attraction, development, succession planning and a high-performance culture
Champion Inclusion—embedding it into policies, processes and decision-making, and partnering across the business to improve recruitment and progression outcomes

Risk governance and oversight

Oversee the operation and effectiveness of the HSBC Risk Management Framework within HINV
Chair the HINV Risk Management Meeting (RMM) and ensure clear, decision-ready reporting and escalation
Propose the HINV Risk Appetite Statement to RMM and OpCo for approval by the HINV Board
Oversee the development and implementation of risk policies, governance and risk management structure
Provide oversight of key functions and material risks, including:
UK Compliance (Chief Compliance Officer (SMF16))
UK Financial Crime (Head of Financial Crime and MLRO (SMF17))
UK Credit (Head of Credit), including UK lending decisions
Other Level 1 risks impacting HINV
Ensure the Model Risk Management Framework is operationalised effectively
Lead the identification and management of financial risks arising from climate change
Ensure responsibilities are discharged in line with HINV UK’s governance, operating model and regulatory reporting processes (including RRIS)
Requirements

Proven senior leadership experience in risk management within UK financial services (banking and/or investment environment), ideally in a regulated SMF or equivalent accountable role
Strong working knowledge of the UK regulatory landscape (FCA/PRA), including COCON and Senior Manager expectations; confident engaging with regulators and managing supervisory relationships
Demonstrable experience setting risk appetite, leading risk governance forums, and driving effective oversight across multiple risk types (including credit, compliance, financial crime, model risk and operational risk)
Track record of building high-performing teams and partnering effectively across first and second line to enable sustainable growth
Strong judgement and decision-making under pressure, with the ability to balance pace, innovation and prudent risk management
Experience embedding ethical conduct and conduct risk management into culture, policies and day-to-day behaviours
Understanding of climate-related financial risks and how they translate into risk management and governance
Commitment to Inclusion, with evidence of driving inclusive outcomes

What You’ll Get

A senior leadership role with real influence over strategy, culture and outcomes in a growing, purpose-led business
The opportunity to shape a strong, modern risk function that supports innovation while protecting customers, colleagues and the bank
High visibility across HSBC and direct engagement with key regulators and senior stakeholders
A collaborative environment that values difference, encourages constructive challenge and supports shared success
Access to HSBC’s learning, leadership development and global career opportunities

Additional Information

This role is subject to regulatory approval (SMF4)

Appointment is subject to applicable background checks and compliance requirements

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.